The Securities and Exchange Commission indicated after the market close Friday that it would review trading issues on the Nasdaq related to Facebook’s initial public offering. Read More
Herbalife, whose stock tumbled last week after hedge fund manager David Einhorn asked a few questions on the company’s earnings call, is no stranger to controversy. Herb Greenberg sees some reasons to worry. Read More
With each passing SEC suit against a once high-flying U.S. traded Chinese company, it becomes striking how pervasive the alleged fraud was in some of these companies. Read More
Based on my discussions with several analysts, from reading their reports, I suspect that the earnings revisions occurred after the analysts had conversations with Mylan. Read More
Crowdfunding websites are likely to pop up quickly to connect start ups and investors as soon as the SEC issues regulations to implement the JOBS Act, now awaiting President Obama’s signature. All this could tempt young entrepreneurs to envision a frictionless, friendly world of virtual finance where money would flow in as easily as “Likes” on Facebook. Think again, caution small business advisors. Read More
Senate majority leader Harry Reid announced plans on Tuesday to push forward legislation to spur capital formation for small businesses, an issue that has spawned a rare showing of bipartisanship. Read More