It’s been 730 days since President Obama signed the historic Dodd-Frank Wall Street Reform and Consumer Protection Act into law, but many things have yet to be determined.
We culled through a decade’s worth of earnings misses, mistakes, and utter catastrophes to bring you some of the worst quarterly performances in the history of the S&P 500.
Dozens of banks that were involved in the initial public offering will be allowed to publish a detailed analysis of the company publicly for the first time.
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.
Despite Facebook’s trading flop, underwriters on the deal, led by Morgan Stanley, are in line to turn a potentially substantial profit through a trading mechanism designed to stabilize the share price, according to people familiar with the matter.
While trading glitches at the Nasdaq on the company’s opening day are widely seen as contributing to the sell-off, the stock’s lingering shortcomings are raising questions about whether or not lead underwriter Morgan Stanley (along with other banks) misgauged the demand, and the price of the deal.
In the latest chapter of Facebook's trading saga, regulators will be stepping in to oversee a process that will attempt to reconcile Friday’s botched trades.
While Facebook's shares have now ballooned to $38 per share, and perhaps more later today, it’s been a sometimes bumpy road for its private pricing history.