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May/12

18

Stocks: Worst week of the year

Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook’s public debut, the social network’s shares barely popped above its offering price and failed to inspire investors to buy into the broader market.
Business and financial news – CNNMoney.com

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May/12

18

FACEBOOK STARTS TRADING

Facebook’s stock market debut is finally here — and investors jumped on the breathlessly hyped IPO, sending shares up almost 11% at the start of trade.
Business and financial news – CNNMoney.com

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Investors fled stocks and made a rush toward the safety of U.S. Treasuries Thursday, sending 10-year yield to a record low close, as worries about Greece’s future in the eurozone continued to escalate.
Business and financial news – CNNMoney.com

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May/12

18

What they’re worth

Facebook’s IPO has minted at least a half-dozen new billionaires, including founder Mark Zuckerberg and Facebook’s earliest investors.
Business and financial news – CNNMoney.com

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May/12

17

GREECE DEEPER IN ‘JUNK’

The credit rating on Greece’s government debt was downgraded deeper into junk bond territory on Thursday.
Business and financial news – CNNMoney.com

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May/12

17

STOCKS: U.S. IN FOCUS

U.S. stocks were poised to open mixed Thursday, as investors look past the latest European worries and await key earnings and economic reports, as well as the final pricing for Facebook’s initial public offering.
Business and financial news – CNNMoney.com

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May/12

17

Short-seller Einhorn targets Amazon

Noted short-seller David Einhorn targeted Amazon and Martin Marietta Materials on Wednesday but was curiously silent on Herbalife.
Business and financial news – CNNMoney.com

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May/12

16

VERIZON WILL LIMIT DATA

Verizon Wireless is planning this summer to begin forcing smartphone customers with unlimited data plans to switch to tiered plans when they upgrade, the company’s chief financial officer told Wall Street analysts on Wednesday.
Business and financial news – CNNMoney.com

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May/12

16

SCRAMBLE TO SAVE GREECE

Leaders across Europe rushed to try to reassure nervous investors Wednesday that they were working to prevent Greece from an unprecedented exit from the eurozone and the damage that might cause for other troubled European economies.
Business and financial news – CNNMoney.com

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