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Underwriters Score $100M in Messy Facebook IPO

New investors in Facebook may be steamed (and suing ) that their hot property has lost 16% of its value since the IPO Friday, but Facebook's underwriters are sitting pretty. Morgan Stanley and the...

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Mutual Funds Bail on Facebook

Usually, when big mutual funds invest in IPOs, they're in for the long haul. But that might not be the case with Facebook. Twenty-one mutual funds from Fidelity Investments, one of Facebook's earliest...

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Key Groupon Investors Ditch the Troubled Stock

With Groupon having lost three-quarters of its IPO value, several of its key early investors, including web icon Marc Andreessen, have left the building, reports the Wall Street Journal . Andreessen's...

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Clik here to view.

Underwriters Score $100M in Messy Facebook IPO

New investors in Facebook may be steamed (and suing ) that their hot property has lost 16% of its value since the IPO Friday, but Facebook's underwriters are sitting pretty. Morgan Stanley and the...

View Article

Image may be NSFW.
Clik here to view.

Mutual Funds Bail on Facebook

Usually, when big mutual funds invest in IPOs, they're in for the long haul. But that might not be the case with Facebook. Twenty-one mutual funds from Fidelity Investments, one of Facebook's earliest...

View Article


Image may be NSFW.
Clik here to view.

Key Groupon Investors Ditch the Troubled Stock

With Groupon having lost three-quarters of its IPO value, several of its key early investors, including web icon Marc Andreessen, have left the building, reports the Wall Street Journal . Andreessen's...

View Article

Image may be NSFW.
Clik here to view.

Number of 401(k) Millionaires Surges

Good news for many who are saving for retirement: During the second quarter, 168,000 people with 401(k)s managed by Fidelity Investments were millionaires, having at least $1 million in their accounts,...

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Here Are the 10 Most Powerful Women in Business

For nearly a quarter of a century, Fortune has published a list of the most powerful women in the business world, but this year the magazine notes it hasn't been "business as usual." Obviously, that's...

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Report: Twitter Now Worth a Third of $44B Purchase Price

Elon Musk famously forked over $44 billion to become the owner of Twitter last year, but a new valuation from one of its outside investors may set all of the other investors squirming. Forbes reports...

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