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 Why Facebook still doesn't look cheap
If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.
Savored Android app supplies the meal deals Not sure why no one of thought of this long ago. Who doesn’t want a restaurant deal? Savored uses a Priceline-like model for restaurants, matching hungry diners to empty tables nearby. That way, the restaurant-goers get cheaper eats, and the restaurants themselves win with fewer open tables. Facebook working on redesign of unpopular “Timeline” feature This hasn't exactly been Facebook's year — its stock price has been in a tailspin since it went public on Friday, and the new Timeline profile look has been universally panned. It may be tough turning around the cratering stock price, but Facebook isn't … 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. ...
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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