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Facebook stock jumps in public debut
NEW YORK (AP) - Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market. The stock opened at $42.05 on Friday morning. It later settled at $39. CEO Mark Zuckerberg smiled as he rang the opening...Tags: Stock Market, Companies and Corporations, Times Square, Advertising, Social Media
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Curators name another businessman to be president of University of Missouri
COLUMBIA, Mo. -- Businessman Timothy Wolfe is the new president of the University of Missouri. The Board of Curators introduced Wolfe on Tuesday as the next leader of the four-campus university system after a search that spanned almost a year.
Wolfe...Tags: Crime, Law and Justice, Colleges and Universities, Cancer, College Sports, IBM
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Facebook ripple on IPO market already felt
ReutersBy Olivia Oran May 25 (Reuters) - The ripple effects of Facebook Inc's botched IPO appear to already be hitting the market for initial public offerings as two companies this week pushed back their market debuts. PC hardware components maker Corsair...Tags: Financing and Stock Offerings, Dun & Bradstreet Corp., Companies and Corporations, Michaels Stores, Inc., Memorial Day
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Dragon docks at space station and makes history
SpaceX, the upstart California rocket maker, launched a new era in spaceflight Friday when its Dragon capsule was docked at the International Space Station, concluding a cargo delivery trip previously made only by NASA space shuttles and other...Tags: Science and Technology, Companies and Corporations, Human Interest, Technology, General Contracting
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SpaceX capsule captured by space station crew in historic mission
For the first time, a cargo-carrying spacecraft made by a private company arrived at the International Space Station. SpaceX's unmanned Dragon spacecraft was captured by the space station's 58-foot robotic arm by astronaut Don Pettit aboard the space...Tags: Science and Technology, Politics, Companies and Corporations, Boeing Co., Satellite Technology
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Apple's Tim Cook forgoes $75 million in quarterly stock dividends
This post has been updated and corrected. See the note below for details.Apple Inc. announced that Chief Executive Tim Cook would be passing up on $75 million by not participating in the Cupertino, Calif., company's quarterly dividends. With the company set to start giving out a quarterly dividend of $2.65 a share by the...Tags: IBM, Google+, Companies and Corporations, CEO Pay, John Malkovich
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Feeding frenzy for lawyers in botched Facebook IPO
Reuters(Reuters) - Facebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on both sides of shareholder litigation. Court battles over the fizzled IPO could run for...Tags: Goldman Sachs, Litigation, Social Media, Prosecution, Initial Public Offerings
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Analysis: Big M&A banks move down-market in hunt for fees
Reuters(Reuters) - The slow market for merger deals is driving big-name investment banks into combat with smaller rivals for business from companies they usually ignore. Goldman Sachs Group Inc , Morgan Stanley and JPMorgan Chase & Co have emerged as the top...Tags: Banking, Goldman Sachs, JPMorgan Chase & Co., Restructuring and Recapitalization, Companies and Corporations
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EU mergers and takeovers (May 25)
ReutersBRUSSELS, May 25 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- British packaging company DS Smith to acquire the recyclyed packaging operations...Tags: Science and Technology, Goldman Sachs, Chemicals, Procter & Gamble, Machine Manufacturing
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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: Science and Technology, TLC (tv network), David Simon, MTV (tv network), Aubrey K. McClendon
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ANALYSIS-Big M&A banks move down-market in hunt for fees
Reuters* Goldman, Morgan Stanley, JPM take over middle market M&A * KPMG, PricewaterhouseCoopers slide down 2012 league table * Big M&A big targets with good growth profiles prove elusive * Marketing battle for deals getting ugly By Jed Horowitz May 25...Tags: Banking, Goldman Sachs, Restructuring and Recapitalization, JPMorgan Chase & Co., Companies and Corporations
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Facebook's stock debut shows not all investors are equal
NEW YORK —Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works — and that could spell trouble for the financial industry....
Tags: Banking, Crime, Law and Justice, Goldman Sachs, Companies and Corporations, Stock Market
May 18, 2012
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May 25, 2012
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