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Facebook IPO shows galactic divide between investors NEW YORK (Reuters) - It's no surprise to anyone that big investors get preferential treatment on Wall Street. Investors expressed disappointment, skepticism and even shock on Tuesday after learning that an analyst at lead underwriter Morgan Stanley cut his Facebook revenue forecasts in the days before the company's initial public offering - information that apparently did not reach small investors before the stock went public and subsequently tumbled. The divide between the research and retail arms of big Wall Street firms has always been deep. ...
First Earth-Size Planets Found in Space Scientists using NASA's Kepler space telescope say they have found two planets orbiting a distant star -- and say the planets are the first ever that are the size of Earth or smaller. That could be critical in the search for extraterrestrial life.
Zuckerberg Bride, Priscilla Chan, Not Your Usual Billionaire's Wife Just as we thought Facebook CEO and newly minted billionaire Mark Zuckerberg was on top of the world, he surprised even his friends by marrying his college sweetheart, 27-year-old Priscilla Chan, just after he led the company to one of the biggest IPOs in tech history. Zuckerberg has been...
Take-Two 4Q loss triples but sales beat forecast Take-Two Interactive Software Inc. said Tuesday that its fourth-quarter net loss more than tripled as revenue fell and the video game maker failed to repeat the success of "Red Dead Redemption" from a year ago.
