May 18th, 2012
Answer to the Questions about Facebook
I usually do not like to talk about any specific stock, but due to the amount of inquiries on the Facebook IPO, I have made an exception this time. Facebook’s IPO price was set at $38 and the opening price was at $42. At the time of this article, it is trading around $39. Where [...]
Top News
- 'Trek' does $70.6M but falls short of studio hopes May 20, 2013LOS ANGELES (AP) — "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations. […]
- On fleeting Hong Kong trips, Chinese make frugal fashionable May 20, 2013By Donny Kwok and Lavinia Mo HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favor. Wealthy Chinese used to stop over in Hong Kong for a few days to pic […]
- Yen edges up from lows, Asian shares firmer May 20, 2013By Masayuki Kitano SINGAPORE (Reuters) - The yen pulled up from a 4-1/2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar to a low of 102.00. "People say the excessively strong yen has corrected quite a bit. If the yen continues […]
- Consumer group flags high SPF ratings on sunscreen May 20, 2013WASHINGTON (AP) — Sunbathers headed to the beach this summer will find new sunscreen labels on store shelves that are designed to make the products more effective and easier to use. But despite those long-awaited changes, many sunscreens continue to carry SPF ratings that some experts consider misleading and potentially dangerous, according to a consumer wat […]
- Analysis: High speed trading a stiff challenge for U.S. regulators May 19, 2013By Christine Stebbins CHICAGO (Reuters) - Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes. The latest alarm was triggered by a fake tweet saying that the White House was bombed, prompting a U […]