Company: McClatchy Company

(Reuters) - The Facebook IPO, which started as a global search for a greater fool, developed on Monday into a circular firing squad.

Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:

SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at $38 per share, valuing the world's largest social network at more than $100 billion.

NEW YORK (Reuters) - U.S. stocks hit a four-month low on Thursday, as rising Spanish bond yields increased investor anxiety over that country's banks and another round of weak data undermined hopes for U.S. economic recovery.

Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:

NEW YORK (Reuters) - Stocks slid on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought.

NEW YORK (Reuters) - Fitch Ratings cut JPMorgan Chase & Co.'s credit rating one notch to A-plus from AA-minus late on Friday, citing the bank's disclosure of a massive $2 billion trading loss, the result of a failed hedging strategy.

Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:

Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:

NEW YORK (Reuters) - Stocks fell on Wednesday for the fifth day in six as investors kept Europe's recent turmoil in focus, but news that Greece will get its latest bailout payment helped cut losses late in the session.

Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:

NEW YORK (Reuters) - Stocks ended lower on Tuesday after political developments in Europe fanned concerns about the region's fiscal health, but a late-day rally helped indexes cut losses to close well above lows.

Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:

NEW YORK (Reuters) - Wall Street ended its worst week this year with a sharp selloff on Friday after a slowdown in job creation in the world's top economy raised the biggest question mark yet about the prospects for U.S. growth.

NEW YORK (Reuters) - Wall Street ended its worst week this year with a sharp selloff on Friday after a slowdown in job creation in the world's top economy raised the biggest question mark yet about the prospects for U.S. growth.