Facebook erases earlier gains after IPO (updated)
May 18, 2012 - 5:01 PM GMT
Despite opening 18% higher on Friday, the social network site Facebook erased earlier gains as it ended the session pretty much flat.
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US equities decline as Facebook IPO disappoints
May 18, 2012 - 8:25 PM GMT
US stocks dropped on Friday as a social network Facebook's initial public offering (IPO) failed to improve investors' confidence, which has been curbed by the European debt crisis. -
Merkel allegedly proposes euro-referendum to Greece
May 18, 2012 - 6:05 PM GMT
Greek government said German Chancellor Angela Merkel suggested a plebiscite on Greece staying in the Eurozone but the German government is said to deny the report. -
Zynga stock stalls on volatility concerns
May 18, 2012 - 7:55 PM GMT
Shares of the world's leading social game developer Zynga were halted from trading after an automatic anti-volatility threshold was triggered.
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- Equities US equities decline as Facebook IPO disappoints Zynga stock stalls on volatility concerns European stocks drop except for Spain More »
- Fixed Income / Bonds Bond price of the largest Greek telecom drops US 10-year TIPS auction reaches record low yield Spanish government funding rises at auctions More »
- Currencies Dollar drops, S&P bounces after US fundamentals Euro sinks on news that Greece will hold new elections Euro sinks on Greek political turmoil More »
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