Tag:
Facebook IPO
Latest Headlines
Latest Headlines
MSSB brokers wonder: Where's the CEO?
Morgan Stanley's investment bankers--specifically the ones who handled the ill-fated Facebook IPO--have put retail brokers at Morgan Stanley Smith Barney in a tough spot.
Fidelity's massive Facebook woes
Reuters notes that Fidelity, the mutual fund and retail brokerage powerhouse, is working with "thousands" of customers to resolve issues related to the botched Facebook IPO.
Costs of Facebook IPO fiasco
Lawsuits by retail investors are mounting. Regulators are investigating. Fingers are pointing. At this point, it's unclear what the ultimate costs will be of Facebook's botched IPO.
Facebook wanted reduced estimates
Until now, people assumed that the analysts for the top underwriters of the Facebook deal--a group that includes Morgan Stanley, Goldman Sachs and JPMorgan--abruptly reduced their revenue estimates for the issuer because of an amended regulatory filing. But as it turns out, that might not be the whole story.
New rules coming for pre-paid debit cards
In the wake of Reg E changes, the Durbin Amendment and Dodd-Frank in general, banks started to stream into the pre-paid debit card market, largely because it had ostensibly escaped additional regulation.
Nasdaq's Facebook woes multiply
Among the big losers in the Facebook IPO debacle, Nasdaq OMX ranks right up there with Morgan Stanley and the issuer itself.
Some analysts wildly bullish on Facebook
At a time of unrelenting bad news for Facebook and its lead underwriter, Morgan Stanley, it's worth noting that some are still wildly bullish on the firm.
Facebook disclosure controversy to explode
We discussed recently the news that Facebook's lead underwriter Morgan Stanley cut its earnings in the middle of the road show, which was quite unusual.
Morgan Stanley in Facebook blame game
In the wake of the botched Facebook IPO, fingers are being pointed in several directions.
Analyst cut Facebook revenue estimates during roadshow
In the aftermath of the Facebook IPO, it's clear that several parties contributed to the disappointing offering.
