Facebook: Many mutual funds already have a stake
Saturday, 19 May 2012
Whether you do or don't like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets.
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Stocks: Worst week of the year
Saturday, 19 May 2012
Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market.
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Facebook trading sets record IPO volume
Saturday, 19 May 2012
Facebook's stock market debut finally came and went -- but for all the breathless hype, shares ended right near their offering price.
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Anti-social: Zynga tumbles after Facebook IPO
Saturday, 19 May 2012
Social media stocks just aren't feeling the love, despite Facebook's highly-anticipated stock market debut.
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Obama may tap Strategic Petroleum Reserve
Friday, 18 May 2012
Despite the recent fall in oil prices, analysts say President Obama may tap the Strategic Petroleum Reserve as sanctions on Iran take hold.
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