May 18, 2012 Reviewing this week's headlines on Wall Street and beyond. This week: The first day of trading for the highly anticipated Facebook stock.
May 16, 2012 California Gov. Jerry Brown recently informed Californians that the state was $16 billion in the hole, instead of the mere $9 billion everyone expected. The Facebook IPO will generate a lot of taxable income for a few thousand Californians.
May 16, 2012 Just days before Facebook stock trades publicly for the first time, General Motors is giving no official reason for the decision but published reports suggest the ads aren't having the impact GM hoped.
May 15, 2012 As Facebook plans to go public next week, this week individual investors are buying E*Trade accounts because of the rumors they may be able to get in early on the public shares of Facebook stock. How easy is that?
May 15, 2012 When stocks in the social networking company Facebook finally begin trading on Friday, the company will at that moment be worth a fortune. But that value will only be justified if Facebook makes profits for many years to come; a new poll suggests that about half of Americans think Facebook is a passing fad.
Heidi N. Moore
May 17, 2012 Facebook raised its target share price for its IPO amid strong demand. But some professional investors see warning signs and have decided to skip.
May 14, 2012 In letting go of his U.S. citizenship now, Eduardo Saverin will also be able to avoid paying nearly $600 million in U.S. capital gains taxes when Facebook goes public.
May 24, 2012 There's a lot of hype over the upcoming Facebook IPO. We have a reality check and advice for those of you waiting impatiently for its launch.
May 14, 2012 As Facebook looks for new sources of revenue, it targets users who may want more attention and better placement for their posts.