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Remembering the Biggest IPO Flop of All Time

Source: Daily Finance  |   May 18 2013, 8:20am CDT

On this day in economic and business history ... When the day was done, people began to feel as if Wall Street might have pulled one over on them. The biggest IPO in years -- perhaps decades -- couldn't even muster that coveted first-day pop. Glitchy ...

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Facebook's first year

Source: CBS News  |   May 18 2013, 6:31am CDT

Facebook's May 18, 2012, IPO, which valued the company at a whopping $104 billion, was more than just a stock offering -- it grew into a cultural and financial phenomenon. But as launches go, this one was a misfire. A software glitch at Nasdaq delayed t ...

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Latest stories

Vietnam successfully test-flies drones
Vietnam successfully test-flies drones
Hanoi, May 19 (IANS) Vietnam Sunday successfully conducted test flights of six indigenously-made unmanned aerial vehicles, a media report said.
 
'No commercials' TV channel starts broadcast in Russia
'No commercials' TV channel starts broadcast in Russia
Moscow, May 19 (IANS/RIA Novosti) Russia's Public Television, which will be governed by the public rather than by the state or the channel owners and which will not run any commercials, Sunday started its broadcast. It offers viewers news, films, entertainment and cognitive programmes.
 
Britain's first astronaut to go on space mission in 2015
Britain's first astronaut to go on space mission in 2015
London, May 19 (IANS) Britain's first "official" astronaut, 41-year-old Major Tim Peake, has been selected to go on a five-month mission to the International Space Station in 2015, a media report said Sunday.
 
 

Facebook IPO one year later: Ripple effects still being felt

Source: Contra Costa Times  |   May 17 2013, 10:47pm CDT

stock-buyers could get caught up in the hype. and well." "Zuckerberg sees the core mission of the company to 'make the world more open and connected.' And in his view, the trajectory toward that is not much interrupted by either 'Lean In' or FWD.us." ...

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Facebook traffic may have plateaued but profit potential is looking up

Source: Guardian Unlimited  |   May 17 2013, 1:38pm CDT

The memory of Facebook's painful stock market debut a year ago today is at last beginning to fade. Not for investors who bought at the opening price of $38 – their shares are still trading 70% below that – but by other measures the world's l ...

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Facebook Stock Ends Disappointing Year One; Any Shot at a Comeback? Money Morning

Source: Wall Street Examiner  |   May 17 2013, 1:14pm CDT

The market pulled back after reaching long term trendline extensions on a couple of the major averages. Short term indicators suggest that a down... Read More » The Fed is the market. The force of the Fed pumping money int ...

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Santa Monica Awarded Silver & 83/100 Bike Score, But Just How Helpful Are Such City Rankings?

Source: Streetsblog LA  |   May 17 2013, 12:29pm CDT

Walk Score's heat map Bike Score of Santa Monica gives an 83/100 Our Santa Monica weekly column is supported by Bike Center in Santa Monica. Relative to other cities ranked in the LAB system, the sliver may be an appr ...

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Facebook among tech advancers on IPO anniversary

Source: MarketWatch  |   May 17 2013, 8:40am CDT

Want to see how this story relates to your portfolio? Just add items to create a portfolio now: SAN FRANCISCO (MarketWatch) -- Tech stocks claimed the high ground in early trading Friday, with Facebook Inc. (NASDAQ: ...

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This Morning: DELL Autopsy, ARUN Plunges, Tableau on Tap

Source: Barron's Tech Trader Daily  |   May 17 2013, 8:28am CDT

Here are some things going on this morning in your world of tech: Jess Lubert of Wells Fargo, cutting his rating to Market Perform from Outperform, writes “Aruba hit by Hurricane Cisco.” “The crux of our concern stems from increas ...

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