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.
Nasdaq shareholders mum on Facebook IPO
NEW YORK (Reuters) - Not a single shareholder asked a question at Nasdaq OMX's annual meeting on Tuesday, just days after the exchange operator bungled Facebook's widely anticipated market debut, which helped launch the new stock into a three-day slide. When Nasdaq Chairman H. Furlong Baldwin called for questions at the Tuesday morning meeting in New York, he got eight seconds of silence. Technical glitches marred Facebook's IPO on Nasdaq's exchange on Friday, delaying the social networking giant's market debut by 30 minutes and delaying order confirmations for hours afterward. The U.S. ...
Ancient Plant Revived After 30,000 Years
The plant in this picture dates from the Pleistocene Age, 30,000 years ago, before agriculture, before writing, before the last Ice Age. And while it’s not accurate to say the plant itself is that old, scientists in Russia say they regenerated it from frozen cells...
Analysis: Did banks cross the line in Facebook research calls?
NEW YORK (Reuters) - As regulators scrutinize Facebook's problem-plagued stock market debut, they may have to confront areas of securities law that do not always clearly spell out what industry analysts are allowed to tell clients about companies on the verge of going public. Facebook and the Wall Street banks that underwrote its $16 billion initial public offering are facing questions about how and why stock analysts decided to cut their financial forecasts on the company ahead of the IPO. ...
Solar Eclipse in Time-Lapse
This time-lapse video of an annular solar eclipse was shot Sunday by Cory Poole, a 33-year-old physics and math teacher from Redding, Calif., who has an interest in science and astronomy. “Once I found out that the path of the annular eclipse went directly through my...
Web series touts funky concept snowboards
In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.
