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Facebook's pokey IPO a short-term problem looming large
And so we are reminded once more, IPO does not stand for instant payout.
Those caught up in social media colossus Facebook's initial public offering are plenty angry. And there are lingering questions about the effect of Nasdaq technical woes, Goldman...Tags: Pandora Media, Inc., The Wall Street Journal, Media Industry, Financing and Stock Offerings, Facebook
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Typical CEO made $9.6 million last year, AP study finds
NEW YORK (AP) — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive...
Tags: Citigroup Incorporated, CBS Corp., Lobbying, Finance, Interior Policy
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Gov. Scott talks about elephant faux pas with Spain's king
MIAMI — Florida Gov. Rick Scott decided not to ignore the elephant in the room upon returning Thursday from a weeklong trade mission to Spain.
Scott told reporters at Miami International Airport he apologized if he had done anything wrong in Madrid...Tags: King of Spain Juan Carlos I, Spain, Politics, Companies and Corporations, Economy, Business and Finance
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Card debt still choking low, middle incomes
Americans have been successful at getting some of their debts off their backs, but many still have a long way to go. Low- and middle-income people are finding an escape difficult as they pay interest on top of interest. Forty percent have turned to their...Tags: Finance, Money and Monetary Policy, Economy, Business and Finance, Federal Reserve, Credit and Debt
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Nervous investors are looking beyond positive U.S. economic signs
New home sales are up. The unemployment rate is falling. Companies are buying one another, signaling confidence in the economy. But investors are turning their back on positive economic signs, looking nervously at Europe's seemingly never-ending debt...Tags: Earnings Forecasts, Media Industry, Financing and Stock Offerings, Facebook, Cooper Industries Incorporated
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Facebook, Wall Street banks under fire from lawmakers and lawyers
WASHINGTON — Already grappling with regulatory reviews of its troubled initial public offering, Facebook Inc. and the Wall Street banks that shepherded the deal are now under fire from lawmakers and lawyers. Two congressional committees said...Tags: Morgan Stanley Dean Witter & Company, Finance, Financing and Stock Offerings, Facebook, Mary Schapiro
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Fed regional bank directors saw improvement in economy
Directors at the Federal Reserve's regional banks saw a pickup in the pace of economic growth last month as housing, motor vehicle sales and consumer spending gained strength.
"Directors noted further improvement in economic activity, and they...Tags: Board of Directors, Finance, Politics, Economic Indicator, Central Bank
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Facebook IPO flop drawing increased scrutiny
As Facebook shares continued their slide, regulators launched inquiries into whether privileged Wall Street insiders were alerted to the company's weakening financial projections, leading them to shun the stock or dump shares just as buying was opened...Tags: Morgan Stanley Dean Witter & Company, Media Industry, Finance, Financing and Stock Offerings, Facebook
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Board to Seminole's new schools chief: Fix financial crisis
SANFORD — Fixing the continuing financial crisis in Seminole County schools must be among new Superintendent Walt Griffin's top priorities, the School Board indicated Tuesday. "We can't just sit on our hands," School Board member Sylvia Pond said....
Tags: Finance, Economy, Business and Finance
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Key regulators learned of JPMorgan loss from media reports
WASHINGTON — The public won't be protected from the type of risky bets that led to the huge trading loss at JPMorgan Chase & Co. until new rules are approved to allow better monitoring of complicated derivatives transactions, two key federal...Tags: Citigroup Incorporated, Finance, Republican Party, U.S. Department of the Treasury, Mary Schapiro
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Eaton Corp. buying Cooper
CLEVELAND (AP) -- Eaton Corp.has agreed to purchase Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion that is designed to expand its reach in the global electrical power and distribution industry. The deal announced Monday...Tags: Morgan Stanley Dean Witter & Company, Citigroup Incorporated, Finance, Cooper Industries Incorporated, Ratings
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Insider-trading trial of former Goldman director gets underway
NEW YORK Shortly after Goldman Sachs Group Inc.'s board learned of famed investor Warren Buffett's $5-billion lifeline at the height of the financial crisis, then-director Rajat Gupta phoned hedge-fund manager Raj Rajaratnam. Rajaratnam, a federal...Tags: Judges, Mutual Funds, Justice System, Manhattan (New York City), Prosecution
May 26, 2012
|Column| Chicago Tribune
May 25, 2012
|Story| Petoskey News
May 25, 2012
|Story| Orlando Sentinel
May 25, 2012
|Column| Chicago Tribune
May 24, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Orlando Sentinel
May 23, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| South Bend Tribune
May 22, 2012
|Story| Los Angeles Times
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