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Facebook IPO


Sector: Technology

 | Source: Reuters
(Reuters) - Bharti Airtel, India's top mobile phone operator, added 2.01 million mobile users in April, taking its total subscribers in the country to 183.3 million, data from an industry body showed on Friday.
 | Source: Reuters
SAN FRANCISCO/NEW YORK (Reuters) - Silicon Valley isn't quite ready to dump Morgan Stanley over the Facebook IPO fiasco.
 | Source: Reuters
BOSTON (Reuters) - Fidelity Investments said it was working with "thousands" of brokerage clients affected by trading issues that have engulfed Facebook Inc's much-anticipated initial public offering, according to a source familiar with the situation.
 | Source: Reuters
BOSTON (Reuters) - Fidelity Investments said it was working with "thousands" of brokerage clients affected by trading issues that have engulfed Facebook Inc's much-anticipated initial public offering, according to a source familiar with the situation.
 | Source: Reuters
SAN FRANCISCO (Reuters) - Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market.
 | Source: Reuters
Less than a week after its IPO, Facebook Inc is already facing multiple lawsuits by disgruntled shareholders who claim that the company and its underwriters, including Morgan Stanley and Goldman Sachs, told only select institutional investors about the social media company's weakened growth forecast.
 | Source: Reuters
NEW YORK (Reuters) - Citadel Securities' market-making business lost around $30 million due to Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. stock exchange, a source with knowledge of the situation said on Thursday.
 | Source: Reuters
HONG KONG (Reuters) - Alibaba.com Ltd <1688.HK>, Hong Kong-listed unit of China's Alibaba Group <ALIAB.UL>, said on Friday that 83.8 percent of its shareholders have approved a $2.5 billion buyout offer by the parent to take the company private, in a decision that was widely expected.
 | Source: Reuters
(Reuters) - Morgan Stanley <MS.N> will adjust thousands of trades to ensure outstanding limit orders to sell will be filled at no more than $42.99 a share for Facebook <FB.O> stock from last Friday's botched initial public offering, the firm told its brokers on Thursday, according to several who listened to the call.
 | Source: Reuters
(Reuters) - World number one mobile network equipment maker Ericsson's <ERICb.ST> subsidiary in Panama will pay a $1.75 million penalty to the U.S. Department of Commerce for violating U.S. export restrictions on Cuba, a settlement agreement obtained by Reuters showed.
 | Source: Reuters
Less than a week after its IPO, Facebook Inc is already facing multiple lawsuits by disgruntled shareholders who claim that the company and its underwriters, including Morgan Stanley and Goldman Sachs, told only select institutional investors about the social media company's weakened growth forecast.
 | Source: Reuters
TORONTO (Reuters) - Patrick Spence, who resigned this week as global head of sales at struggling BlackBerry maker Research In Motion Ltd, has been hired as chief commercial officer at wireless home audio company Sonos Inc, several sources with knowledge of his plans said.
 | Source: Reuters
(Reuters) - A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely.
 | Source: Reuters
(Reuters) - A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely.
 | Source: Reuters
NEW YORK (Reuters) - Using FBI wiretaps, email, phone records and the testimony of a Goldman Sachs Group Inc <GS.N> director, U.S. prosecutors drew a picture for jurors on Thursday of events that led to the insider-trading trial of onetime corporate star Rajat Gupta.
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Posts |  SECTOR : Technology
Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.... Read More
Posted By:Paul O'Donnell, Special to CNBC.comHigh Net Worth * News * Story
Conflict-of-interest arguments are brewing about whether Morgan Stanley and other banks were allowed to make significant downward adjustments to Facebook's financial estimates during the deal's 9-day marketing period.... Read More
Citadel Securities is the latest firm to report “significant losses” from Facebook trades on behalf of clients, according to people familiar with the situation.... Read More
America's love for bacon has reached a fever pitch in the past few years and now, this bacon mania has spawned a new trend: Bacon tourism... Read More
VIDEO | SECTORS : Technology
Scott Univer, General Counsel, WeiserMazars says the Facebook IPO mess is a disclosure issue with things going wrong all...
Kathy Lien, Director of Global Research and Analysis (Director of Currency Research), GFT Forex says that ECB will intro...
CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
Gap shares are up 40% in the last year and is showing signs it's taking back lost market share, reports CNBC's Courtney ...
Assessing Facebook's value long-term and its impact on future IPOs from the tech sector, with David Menlow, IPO Financia...


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