Morgan Stanley defends Facebook IPO procedures
(Reuters) - Morgan Stanley said its procedures for the Facebook Inc's initial public offering were "in compliance with all applicable regulations." "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs," spokesman Pen Pendleton said in a statement. "These procedures are in compliance with all applicable regulations. ...

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Regulators probe bank's role in Facebook IPO

Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.

Regulators, investors turn up heat over Facebook IPO

(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...

Photos: Black Hole Shreds Star
The Lyrid meteor shower was so bright that it could been during the day and night from California to Nevada.

R.R. Donnelley buying Edgar Online for $39M
Printing company R.R. Donnelley & Sons Co. said Tuesday that it will buy financial data company Edgar Online Inc. for about $38.6 million, adding to its digital products.