After ditching $FB it seems that GM is continuing to rein in advertising as they state they will not do anything for the Superbowl.
Perhaps a new strategy is emerging.
Comments »After ditching $FB it seems that GM is continuing to rein in advertising as they state they will not do anything for the Superbowl.
Perhaps a new strategy is emerging.
Comments »“(Reuters) – Wall Street banks will report sharp declines in trading and investment banking revenues in the second quarter because of weaker client activity, JPMorgan analyst Kian Abouhossein said in a report on Friday.
Fixed income, currency and commodities trading revenue is likely to be particularly challenged for a group of banks including Goldman Sachs Group Inc and Morgan Stanley , dropping 32 percent from the previous quarter, Abouhossein predicted.
The group of eight banks will also report a 14 percent decline in equities trading revenue and a 17 percent fall in investment banking revenue, according to Abouhossein’s estimates based on activity so far.”
Comments »ATHENS, Greece (AP) – Greece’s government spokesman says German Chancellor Angela Merkel has floated the idea that the country hold a referendum on the euro alongside national elections next month.
Dimitris Tsiodras said in a statement Friday that Merkel aired the proposal during a phone call with Greek President Karolos Papoulias earlier in the day.
The statement said that such a project was “obviously” outside the jurisdiction of the Greek caretaker government appointed this week.
Greece is set to hold elections on June 17, after a previous vote on May 6 produced a hung Parliament.
Read here:
Comments »David Faber from CNBC is reporting that NASDAQ reporting delays caused people to step away from buying Facebook. Underwriters came in and supported the $38 bid and everyone lived happily ever after.
Comments »Shares of Zynga halted; stock down about 13% –@CNBC
Comments »$SVVC down 23% and $GSVC down 10% ; (holding companies of $FB stock.)
As $FB does eh… these companies are getting hammered.
Also $ZNGA is halted down 13%
What a great scam. I’m glad to be a part of it in a very small fashion i might add. Now the markets can continue to crash.
[youtube://http://www.youtube.comwatch?v=oulq1lncqzU 450 300] Comments »After opening at $42, the stock is now about to break $40, amidst heavy selling by a large retail shareholder base.
The tepid results of FB has smashed the market sentiment, with the Nasdaq now down .66%, reversing earlier gains.
Comments »Nice 12% pop for FB.
Comments »SVVC and GSVC are both short restricted. Holding companies of $FB stock. Both stocks were taken down to a technical stop out threshold.
GLT
Not an offer to buy these securities.
Comments »Nasdaq ipo cross is indicating Facebook to open at $45.
Comments »A little humor before you become hypnotized by $FB
[youtube://http://www.youtube.com/watch?v=QGgcKQ8XlpY 450 300] Comments »“Congressman Dennis Kucinich’s (D-OH) prepared speech to Congress follows. See videohere. Congressman Kucinich is also distributing this flyer to Congressional colleagues. Additionally he recently spoke about Iran on the House Floor. See that video here and here. Kucinich will be back on the House Floor today at noon for a “one minute” speech. “We must not stumble into another war,” he said.”
[youtube://http://www.youtube.com/watch?v=WZnTnkBIdk0 450 300] Comments »We have to find a way to get older Americans back to work or else they will become a huge burden for society.
Comments »Facebook will start trading @ 11am ET
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