Kleiner partner sues firm for discrimination
(Reuters) - Kleiner Perkins Caufield & Byers partner Ellen Pao is suing the venture capital firm for sexual harassment and discrimination, according to a lawsuit filed earlier this month in California Superior Court. Pao, who joined the firm in 2005, alleges that former Kleiner partner Ajit Nazre made sexual advances to her and worked to harm her career once she rebuffed him. Nazre didn't return a call requesting comment. ... Award-winning Chevy Volt commercial proves electric hybrids will keep you safe from zombies
For all the faults of electric vehicles (in general), the Chevy Volt does have some pretty good selling points. It was named North American Car of the Year, 2010. Its selling price of $31,645 is pretty good for an EV, and the … Continue reading → SEC, FINRA to review Facebook issues, Nasdaq sued
 (Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. After Friday's nearly flat close and Monday's 11 percent plunge, Facebook shares closed 8.9 percent lower at $31 on volume of 101 million shares. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...
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 Wall Street struggles to find Facebook's worth
NEW YORK (Reuters) - In its three days of trading, Facebook's stock has dropped 18 percent from its $38 issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings prospects suggests it could get a lot worse - more like $10 a share. Setting aside the hype and the cultural phenomenon that is the online networking site, Facebook Inc would be fairly priced at $9.59, according to the smattering of Wall Street estimates analyzed and modeled by Thomson Reuters StarMine. ... Dell 1Q profit, 2Q outlook miss estimates
Shares of Dell Inc. fell sharply in aftermarket trading Tuesday after the computer maker posted disappointing first-quarter results and forecast weak sales in its fiscal second quarter.
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