Stock markets - world
Nasdaq takes hit with Facebook IPO
22 May 2012
Facebook stock down 13.7 per cent on Day 2
21 May 2012
Facebook, which started trading on the second day after its listing on Friday, lost around $4 billion of its $104 billion market cap
Facebook IPO fails to live up to hype
19 May 2012
The company's stock rose just a few pennies during its market debut and closed at $38.23, barely above the $38 IPO price
Bankers to split $176 million Facebook fee
18 May 2012
Facebook to open trading today on Nasdaq
18 May 2012
Facebook Inc will start trading today following a record initial public offering that valued the social network higher than almost every company in the Standard & Poor’s 500 Index.
Bharat Petroleum Asia’s best-performing energy stock
18 May 2012
State-owned Bharat Petroleum has been rated as the best- performing energy stock in the Asia Pacific region this year, and its entry into exploration in Africa implies there’s more growth to come
Bankia denies deposit pullout as shares plunge
17 May 2012
Fake Sumitomo Mitsui Financial representatives hit New Zealand investors
16 May 2012
Posing as representatives of Japanese firm Sumitomo Mitsui Financial Corporation, scamsters have been making lucrative share offers to investors
SEC halts trading in 379 shell companies
15 May 2012
Global stocks plunge over possible Greece exit from eurozone
15 May 2012
Global stocks plunged over the possible exit of Greece from the euro zone and concerns over China’s move to prop up lending to combat eon omic slowdown
Facebook offering seeing lower than expected demand: reports
14 May 2012
Analysts say expectations on Facebook are way too high and given its fundamentals, the company does not look anywhere cheap in valuation
Sony posts $5.6 billion annual loss
11 May 2012
Facebook IPO road show today but Buffett is not buying
07 May 2012
Facebook kicks off its highly anticipated IPO road show today, but two men who wont be buying into the social network are Warren Buffett and his 88-year old Berkshire Hathway vice chairman Charlie Munger
Facebook prices shares in $28-$35 band
05 May 2012
China sales, Singulair drive Merck’s Q1-2012 net to $3 bn
28 Apr 2012
Merck's worldwide sales for the first quarter of 2012 rose just one per cent to $11.7 billion due to the unfavorable impact from the arbitration settlement agreement with Johnson & Johnson
AstraZeneca Q1 profit slumps; CEO quits
27 Apr 2012
Apple Q2 net up 94 pc on iPhones, iPads
26 Apr 2012
Apple sold 35.1 million iPhones and 11.8 million iPads during the quarter, representing a jump of 88 per cent and 151 per cent, respectively, over the year-ago quarter
Coca-Cola to go for stock split after 16 years
26 Apr 2012
The world's biggest beverage maker said yesterday that the 2-for-1 split was as per its plans to double revenue over this decade
McDonald’s reports quarterly profit of $1.27 bn
21 Apr 2012
The shares of McDonald's closed at $95.94 on news of first-quarter profit rising to $1.27 billion, or $1.23 per share, on revenues of $6.55 billion