IPOs
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Morgan Stanley making Facebook adjustments -source
May 24 (Reuters) - Morgan Stanley will adjust thousands of trades to ensure no one pays more than $43 a share for Facebook stock from last Friday's botched initial public offering , the firm told its legion of brokers on Thursday, a person familiar with the call said.
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UPDATE 1-Citadel lost $30 mln in Facebook fiasco - source
NEW YORK, May 24 (Reuters) - Citadel Securities' market-making business lost around $30 million due to Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. stock exchange, a source with knowledge of the situation said on Thursday.
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Citadel lost $30 mln in Facebook fiasco - source
NEW YORK, May 24 (Reuters) - Citadel Securities' market-making business lost around $30 million due to Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. stock exchange, a source with knowledge of the situation said.
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Facebook executive ducks questions about IPO debacle
… Sandberg spoke to Harvard University students in her first public appearance since the company's disappointing initial public offering , but refrained from addressing the controversy around its messy, glitch-plagued debut.
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China Auto Rental cancels $138 mln U.S. IPO
SHANGHAI, May 24 (Reuters) - China Auto Rental has formally withdrawn its application to hold an initial public offering in the United States, marking an end to the first attempt by a Chinese firm to list in New York since U.S. regulators tightened rules for foreign applicants.
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Smith Electric moves closer to IPO …… the whole fiasco with Facebook’s (FB) IPO last week (Felix Salmon over at Reuters ..... meteoric, companies looking to plunge into the IPO pool. But that doesn’t seem to have ..... according to the filing. As with most IPOs , the risk factors are always a good read …
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Hatteras Core Alternatives Fund
… modestly positive at 0.2% because of muted activity in the IPO and M&A markets and a slowdown after the frenetic pace of ..... quarter’s flat performance. There were very few notable IPOs and the lowest amount of M&A activity in two and a half years …
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Shareholders sue Facebook, NYSE comes calling
SAN FRANCISCO (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies."
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New Morningstar Analyst Report - Dresser-Rand Group, Inc.
… Ingersoll-Rand, and purchased by a private equity firm) before becoming a publicly held company through an initial public offering in 2005. Volpe earned total compensation of $5.9 million in 2011, which we believe is reasonable. We generally …
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UPDATE 1-Fidelity mollifies customers' Facebook concerns
BOSTON, May 24 (Reuters) - Nearly a week after Facebook Inc's initial public offering , Fidelity Investments said it was still dealing with customer confusion over whether they owned stock in the social media company.