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U.S. investors continue to worry about Europe’s sovereign debt issues, with stocks opening little changed ahead of Facebook’s debut on the Nasdaq.
Business and financial news – CNNMoney.com

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May/12

18

GREEK BANKS FEEL STRAIN

The Greek financial system is straining hard for cash.
Business and financial news – CNNMoney.com

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Investors fled stocks and made a rush toward the safety of U.S. Treasuries Thursday, sending 10-year yield to a record low close, as worries about Greece’s future in the eurozone continued to escalate.
Business and financial news – CNNMoney.com

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May/12

18

What they’re worth

Facebook’s IPO has minted at least a half-dozen new billionaires, including founder Mark Zuckerberg and Facebook’s earliest investors.
Business and financial news – CNNMoney.com

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May/12

17

GREECE DEEPER IN ‘JUNK’

The credit rating on Greece’s government debt was downgraded deeper into junk bond territory on Thursday.
Business and financial news – CNNMoney.com

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May/12

17

Facebook IPO to price Thursday

Facebook’s long road to an initial public offering is coming to an end. Late Thursday, it will fill in one last piece of the puzzle: Its final IPO price.Facebook’s IPO price is available to the deal’s underwriters and their bigwig clients. Regular folks will get to buy at market price the next day.
Business and financial news – CNNMoney.com

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May/12

17

STOCKS: FOCUS ON U.S.

U.S. stocks were poised to open higher Thursday, as investors look past the latest European worries and await key earnings and economic reports, as well as the final pricing for Facebook’s initial public offering.
Business and financial news – CNNMoney.com

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May/12

17

Short-seller Einhorn targets Amazon

Noted short-seller David Einhorn targeted Amazon and Martin Marietta Materials on Wednesday but was curiously silent on Herbalife.
Business and financial news – CNNMoney.com

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May/12

17

VERIZON WILL LIMIT DATA

Verizon Wireless is planning this summer to begin forcing smartphone customers with unlimited data plans to switch to tiered plans when they upgrade, the company’s chief financial officer told Wall Street analysts on Wednesday.
Business and financial news – CNNMoney.com

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May/12

16

FED FEARS FISCAL CLIFF

The Federal Reserve is worried about indecision in Congress.
Business and financial news – CNNMoney.com

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