iPhone 5: Reports of New Design And the next iPhone chatter keeps on rolling. Over the last week the Wall Street Journal, Reuters, and Bloomberg have reported that the next iPhone will have a bigger screen. As previously reported by others, the WSJ and Reuters agree that the display will measure...
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.
SpaceX: Multimillionaire's Ship in Orbit The SpaceX Falcon rocket launch came off successfully this morning; carrying routine supplies for the International Space Station -- and maybe beginning a new era, in which private enterprise handles missions only NASA could before.
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. ...
