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 ArticleMutual 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 ArticleKey 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 ArticleUnderwriters 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 ArticleMutual 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 ArticleKey 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 ArticleNumber 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,...
View ArticleHere 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...
View ArticleReport: 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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