By Reuters
With two of its most distracting conflicts resolved in the past week and a half, Yahoo Inc hopes its new interim chief executive can focus on the biggest challenge of all: turning the company into a digital entertainment destination that wins back the advertising dollars flowing elsewhere. (1:00 am)
MORE TOPICS:
NETFLIX, RUPERT MURDOCH, FACEBOOK, COURT, NEW YORK, VIACOM
By IBTimes
Pomegranate juice peddler POM Wonderful lost a lawsuit filed by the Federal Trade Commission claiming the company used deceptive advertising in claiming its juice could treat or prevent certain illnesses. (11:54 pm)
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ADMINISTRATIVE LAW, LAWSUIT, CANCER
By Street Wise Reports
With interest rate yields so low, it's not surprising that more investors are flocking to the excellent income and relative downside stability afforded by Master Limited Partnerships and related ETFs. (11:42 pm)
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NYSE, FIXED-INCOME, RETAIL, MANAGEMENT, INVESTMENT, CONGRESS
By Reuters UK
In its three days of trading, Facebook's stock has dropped 18 percent from its $38 (24 pounds) issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings prospects suggests it could get a lot worse - more like $10 a share. (11:35 pm)
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GENERAL MOTORS, SEC, MORGAN STANLEY, FACEBOOK, RETAIL
By Reuters
The selloff in Facebook's shares deepened on Tuesday, as investors continued to question the stock's valuation after Reuters reported that underwriters cut their revenue forecasts for the company before the IPO. [ID:nL4E8GM35V]. (4:14 pm)
MORE TOPICS:
MORGAN STANLEY, FACEBOOK
By 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. (May 22)
MORE TOPICS:
SEC, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, FACEBOOK, RETAIL
By Reuters UK
In the run-up to Facebook's <FB.O> $16 billion IPO, Morgan Stanley <MS.N>, 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. (May 22)
MORE TOPICS:
SEC, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, FACEBOOK, RETAIL
By Reuters
Apple <AAPL.O> has maintained its place as the world's most valuable brand over the past year, leading a group of technology-related companies that dominate the top 10, according to a study published on Tuesday. (May 22)
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CHINA, MICROSOFT, IPHONE, IBM, STEVE JOBS, FACEBOOK
By IBTimes AU
The name South Australia was not attractive enough and a business group is firmly convinced state authorities should consider a complete rebrand to lure more investments and possibly more tourists. (May 22)
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AUSTRALIA, SOUTH AFRICA, CRICKET
By Reuters
Chinese Internet entrepreneur Jack Ma's Alibaba Group is buying back up to half of Yahoo Inc's 40 percent stake for $7.1 billion in a deal that moves the Chinese e-commerce leader closer to a public listing. (May 21)
MORE TOPICS:
CHINA, GOOGLE INC., CALIFORNIA, FACEBOOK, JAPAN, NEW YORK
