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Tag Archives: Nasdaq

Nasdaq sets aside $40M for Facebook investors

NEW YORK — The Nasdaq stock exchange said Wednesday that it plans to hand out $40 million in cash and credit to reimburse investment firms that got ensnared by technical problems with trading Facebook stock. FINRA, the financial industry’s self-regulatory ...

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Regulators probe bank’s role in Facebook IPO

WASHINGTON — Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst’s negative report about the company before the stock started trading. Rick Ketchum, ...

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Where are Facebook’s friends? Stock down after IPO

NEW YORK — Facebook was supposed to soar. Instead, it plunged. After the social network’s stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied. The ...

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Facebook CEO turns 28, IPO could be $100B gift

NEW YORK — He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO. Facebook’s chief executive turned 28 on Monday, setting in motion the social network’s ...

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Reports: Facebook leaning toward Nasdaq

NEW YORK — Facebook will list its shares with Nasdaq, according to media reports. That would be a big win for the Nasdaq, which competes fiercely with NYSE Euronext Inc., especially for an initial public offering as large as Facebook’s, ...

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