Friday 11 May 2012

Facebook's IPO already oversubscribed: source

SAN FRANCISCO (Reuters) - Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm.

Source: http://feeds.reuters.com/~r/reuters/MostRead/~3/IyNH89uKdow/us-facebook-ipo-idUSBRE8470TL20120511

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Three former GE affiliate executives convicted of fraud

NEW YORK (Reuters) - Three former executives of General Electric Co affiliates were convicted by a federal jury in New York of conspiracy charges related to bid-rigging contracts for the investment of municipal bonds, the U.S. Department of Justice announced.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/dPC28bl4A6U/us-ge-fraud-idUSBRE84A1EG20120511

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Anonymous blogger must appear in NY court

NEW YORK, May 11 (Reuters) - A New York judge has ordered an
anonymous blogger to appear in court next week over accusations
that the blog Alfredlittle.com wrote false reports about a
Chinese company to drive down the stock.

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/MCPPE5ypOJg/deerproducts-blogger-idUSL1E8SB3M620120511

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Facebook's IPO already oversubscribed: source

SAN FRANCISCO (Reuters) - Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm.

Source: http://feeds.reuters.com/~r/reuters/MostRead/~3/IyNH89uKdow/us-facebook-ipo-idUSBRE8470TL20120511

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Court's Goldman programmer ruling limits prosecutors

NEW YORK (Reuters) - A federal appeals court set back government efforts to prosecute corporate espionage with an opinion that explained its recent decision to throw out the conviction of a former Goldman Sachs Group Inc computer programmer.

Source: http://www.reuters.com/article/2012/04/11/us-goldman-aleynikov-idUSBRE83A19U20120411?feedType=RSS&feedName=vcMedia&virtualBrandChannel=10109

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JPMorgan's Dimon loses clout as reform critic

WASHINGTON (Reuters) - Wall Street may have lost its most potent spokesman against Washington reforms.

Source: http://feeds.reuters.com/~r/reuters/MostRead/~3/uri_eqoJJwM/us-jpmorgan-regulation-idUSBRE84A0WW20120511

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Arena obesity pill wins over U.S. advisers

SILVER SPRING, Maryland (Reuters) - An experimental obesity pill from Arena Pharmaceuticals Inc won the support of U.S. advisers on Thursday, as public health advocates push for new solutions to the nation's growing obesity epidemic.

Source: http://feeds.reuters.com/~r/reuters/healthNews/~3/Pb8QdgCULHc/us-fda-arena-idUSBRE8491I120120511

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JPMorgan $2 billion trading loss dents teflon image

NEW YORK/LONDON (Reuters) - JPMorgan Chase & Co's shock trading loss of at least $2 billion from a failed hedging strategy knocked financial stocks across the globe on Friday, as well as the reputation of the biggest U.S. bank by assets and its CEO Jamie Dimon.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/kwMPiGElpOo/us-jpmorgan-trading-idUSBRE8491H020120511

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Second masseur accuses John Travolta of sexual battery

LOS ANGELES (Reuters) - A second unidentified masseur has joined a $2 million lawsuit against John Travolta claiming the actor sexually assaulted the men in two separate incidents during private massages, according to amended court documents filed on Tuesday.

Source: http://feeds.reuters.com/~r/reuters/entertainment/~3/_QejvTCNlG4/entertainment-us-johntravolta-sexualassa-idUSBRE84700920120510

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Long road to South Korean stage for Syrian drama

SEOUL (Reuters) - A woman who was imprisoned in a Syrian jail buries her head in her arms, haunted by the faces of the people who betrayed her to the government. A man uses a mirror to look at the scars from torture on his body.

Source: http://feeds.reuters.com/~r/reuters/entertainment/~3/6CntLOYWGPY/entertainment-us-korea-syria-drama-idUSBRE84A05320120511

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Facebook's IPO already oversubscribed: source

SAN FRANCISCO (Reuters) - Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/fdYUKejGdzU/us-facebook-ipo-idUSBRE8470TL20120511

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Secondary stock offerings rise amid slow IPO market

(Reuters) - Secondary stock offerings by U.S. companies grabbed most of the equity capital markets activity in the first quarter, spurred by a sluggish market for IPOs and private equity investors...

Source: http://feeds.reuters.com/~r/reuters/USpersonalfinanceNews/~3/ngfOKzdYLes/us-secondary-ipos-idUSBRE83A0TH20120411

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