(Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to the huge initial public offering, and while an investor roadshow was underway, was a big shock
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Insight: Morgan Stanley cut Facebook estimates just before IPO
Posted by murat 4 days ago (http://news.yahoo.com)Insight: Who got Facebook IPO shares? Fairness may not come into it
Posted by murat 8 days ago (http://news.yahoo.com)
NEW YORK (Reuters) - A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street. The scramble for shares in what is one of largest initial public offerings in U.S. history quickly divided the haves from the have-nots on Thursday. Those with big brokerage accounts and a long
Insight: Swing states: Could Europe decide the U.S. election?
Posted by cagan 9 days ago (http://www.reuters.com)
NAVARRE, Ohio/WASHINGTON (Reuters) - The busy shop floor at Miller Weldmaster Corp could make a great location for an Obama campaign ad.
Seeking Nuclear Insight in Fog of the Ayatollah’s Utterances
Posted by yuksel 42 days ago (http://www.nytimes.com)
The C.I.A. is using the remarks of Iran’s supreme leader, Ayatollah Ali Khamenei, to gain insight into the geopolitical gamesmanship now at play over Iran’s nuclear program.
Insight: Energy regulators in new push to quash manipulation
Posted by cagan 44 days ago (http://www.reuters.com)
NEW YORK (Reuters) - Emboldened energy market regulators are mounting an aggressive new campaign to stamp out a once-common trading practice that crosses physical and paper markets, unnerving traders who fear a backlash over years-old deals.
Insight: Lifting the veil on Afghanistan's female addicts
Posted by cagan 55 days ago (http://www.reuters.com)
KABUL (Reuters) - Anita lifted the sky-blue burqa from her face, revealing glazed eyes and cracked lips from years of smoking opium, and touched her saggy belly, still round from giving birth to her seventh child a month ago.
Insight: Obama's North Korean leap of faith turns to ashes
Posted by cagan 57 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - When U.S. diplomats filed into North Korea's grim embassy in Beijing last month they found an unlikely surprise: Starbucks.
Insight: Samsung: "fast executioner" seeks killer design
Posted by murat 64 days ago (http://news.yahoo.com)
SEOUL (Reuters) - When Samsung Electronics rushed its first smartphone to market in a panicky response to the smash-hit debut of the Apple iPhone, some customers burned the product on the streets or hammered it to bits in public displays of disaffection. Complaints ranged from dropped calls and a clunky touchscreen to frequent auto rebooting and a dearth of applications. "It was just awful," said
Insight: Life and death on India's slow train to prosperity
Posted by cagan 65 days ago (http://news.yahoo.com)
KANPUR, India (Reuters) - As the Kalka Mail train pulls into Delhi railway station at dawn, it is every man, woman and child for themselves. Before the train has stopped, crowds elbow and jostle into packed compartments destined for Kolkata, 1,500 km (930 miles) and 25 hours away on one of the largest, most decrepit and dangerous rail networks in the world. Bare-footed women with children shout t
Insight: The banker and the cabbie: When two worlds collide
Posted by melisa 69 days ago (http://www.reuters.com)
(Reuters) - At the very moment William Bryan Jennings should have been climbing into bed at his sumptuous Connecticut mansion, the high-ranking executive at Morgan Stanley was sprinting through back...
Insight: Japan missed tsunami wake-up call for change
Posted by cagan 80 days ago (http://www.reuters.com)
TOKYO (Reuters) - Three months after Japan's March 11 triple disaster, a long-time expert on the country arrived in Tokyo to research a book he intended to entitle "Rebirth of a Nation."
Insight: Conflict looms in South China Sea oil rush
Posted by cagan 88 days ago (http://news.yahoo.com)
PUERTO PRINCESA, Philippines (Reuters) - When Lieutenant-General Juancho Sabban received an urgent phone call from an oil company saying two Chinese vessels were threatening to ram their survey ship, the Philippine commander's message was clear: don't move, we will come to the rescue. Within hours, a Philippine surveillance plane, patrol ships and light attack aircraft arrived in the disputed are
Insight: Post-election hangover looms for Venezuela economy
Posted by cagan 101 days ago (http://news.yahoo.com)
CARACAS (Reuters) - From new homes in slums to cash for struggling mothers, Venezuela's Hugo Chavez is unleashing a flood of state spending to try to tip the balance in what looks like the toughest presidential election of his political career. The spending campaign may help win over wavering supporters and overwhelm the good looks and yes-we-can optimism of opposition candidate Henrique Capriles
Insight: Arms and men out of Libya fortify Mali rebellion
Posted by cagan 105 days ago (http://news.yahoo.com)
DAKAR/KIDAL, Mali (Reuters) - Equipped with heavy weapons from Muammar Gaddafi's looted arsenals, the Tuareg-led rebels who assaulted the town of Aguelhoc in northern Mali last month overwhelmed the remote garrison. Fighters hardened by combat in Libya swelled the ranks of the desert insurgents who in their first attack on January 18 surrounded the local army base with machinegun-mounted four-whe
Insight: Two firms flourish in frenzied MF Global aftermath
Posted by cagan 110 days ago (http://www.reuters.com)
NEW YORK (Reuters) - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business.
Insight: As Africa's consumers rise, so does inequality
Posted by melisa 123 days ago (http://www.reuters.com)
NAIROBI (Reuters) - In a cafe on the terrace of a Nairobi mall, well-heeled Kenyans sip coffee as shoppers in the car park navigate between BMW X5s, Toyota Land Cruisers and Mercedes. A nearby cinema...
Insight: Africa "black diamond" spenders show their luster
Posted by melisa 124 days ago (http://www.reuters.com)
JOHANNESBURG/NAIROBI (Reuters)- With a taste for Jimmy Choo shoes and Hermes handbags, Choice Okoro's idea of shopping is a world away from her mother's.
Insight: FDA warned PIP on implant safety in 2000
Posted by melisa 151 days ago (http://www.reuters.com)
WASHINGTON (Reuters) - As early as 2000, U.S. health authorities raised concerns about the French breast implant maker at the heart of a scandal affecting hundreds of thousands of women worldwide....
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