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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