(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.
DealBook: JPMorgan’s Trading Loss Is Said to Rise at Least 50%
Posted by kagan 9 days ago (http://dealbook.nytimes.com)
Hedge funds and other investors taking advantage of JPMorgan Chase’s distress have fueled faster deterioration in the underlying credit market positions held by the bank.
Watch London Olympic tower rise
Posted by kagan 12 days ago (http://edition.cnn.com)
Watch the Anish Kapoor designed, ArcelorMittal Orbit tower rise from the ground in the middle of London's Olympic Park.
'Big Four' earn a pay rise
Posted by kagan 28 days ago (http://edition.cnn.com)
Lower-ranked players will earn more than ever at Wimbledon this year after the "Big Four" of men's tennis helped negotiate a pay rise.
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.
Consumers plot emergency oil release as Saudi decries high prices
Posted by cagan 58 days ago (http://www.reuters.com)
PARIS/NEW YORK (Reuters)- Saudi Arabian Oil Minister Ali al-Naimi mounted his most direct rhetorical attack against high oil prices on Wednesday, but showed no sign of moving to increase supplies even as France joined the United States and Britain in talks for a release of strategic reserves.
Venus Williams vows to rise again
Posted by kagan 64 days ago (http://edition.cnn.com)
The Williams sisters have not had it easy in recent years. Two of the modern era's most successful women tennis players have been beset by health problems which have deprived the game of two of its most marketable stars.
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
Toulouse shooting: the rise of the 'just do it' terrorists
Posted by cagan 65 days ago (http://www.telegraph.co.uk)
In the intelligence world, they are known as the Nike terrorists, whose motto when it comes to committing acts of terrorism is simply: "Just do it."
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...
The rise of the 'Belly Putter'
Posted by kagan 72 days ago (http://edition.cnn.com)
Living Golf looks at the controversial "Belly Putter" and its future use within the sport.
Security experts will tip consumers to cyber fraud
Posted by murat 72 days ago (http://news.yahoo.com)
(Reuters) - Internet security experts have set up a system to alert Americans when sensitive personal information such as social security numbers and online banking log-in credentials turn up in the hands of cyber fraudsters. AllClear ID, an Austin, Texas-based company that provides identity theft protection, is offering the free service with help from the non-profit National Cyber-Forensics and
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