Rupert Murdoch's flagship media business, the TV and film giant 21st Century Fox, plans to cut its links with his native land by delisting from the Australian stock market.
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Monday 18 June 2012
Facebook has suffered the first resignation of a top-flight executive since last month's controversial stock market flotation, adding to the headaches facing Mark Zuckerberg, who has seen the company's shares plummet since their debut.
Saturday 09 June 2012
US Outlook Bob Greifeld, the chief executive of Nasdaq, says the exchange has no legal obligation to compensate brokers who lost money because of software glitches that marred Facebook's flotation three weeks ago. But it says it will distribute $40m (£26m) to those who lost money when their trades didn't go through as requested.
Saturday 02 June 2012
US Outlook It is time to mothball the closing bell of the New York Stock Exchange. That ring-a-ling-a-ding might be iconic of American capitalism, but the opening hours of US exchanges are starting to look anachronistic in an age of 24-hour connectivity.
Wednesday 30 May 2012
Facebook shares slid below $30 to a new low yesterday as nervous investors fled the company's shares, concerned about the social network's long-term growth prospects and an initial offering price that in retrospect may have been too rich.
Tuesday 22 May 2012
Shares of Facebook took another tumble today, continuing a downward spiral that began at the start of the week.
Tuesday 22 May 2012
Facebook shares slumped to more than 10 per cent below their float price on their second day trading as a public company.
Monday 21 May 2012
The chief executive of Nasdaq said the stock exchange is “humbly embarrassed” by its bungling of Facebook's hugely anticipated debut as a public company on Friday.
Friday 18 May 2012
Facebook is officially the biggest internet flotation of all time, after the social network priced its shares last night at the top of its expected range and set a value for the company of $104bn (£66bn).
Friday 18 May 2012
Facebook is bracing for increased scrutiny of its privacy policies and the way it makes money from data on its 900 million users, now that it is finally making its debut as a public company.
Friday 04 May 2012
Mark Zuckerberg last night set out Facebook's plan for world domination, in a web video to promote the forthcoming share sale that could value the social network at up to $96bn (£60bn).
Sunday 18 December 2011
Shares in Zynga, the online games company behind the Facebook favourite Farmville, fell 5 per cent on their first day of trading on Friday.
Thursday 21 July 2011
Friday 01 July 2011
Shares in the London Stock Exchange surged yesterday in the wake of the dramatic collapse on Wednesday of its merger with Canada's TMX on expectations that it would become a takeover target.
Thursday 30 June 2011
Sunday 26 June 2011
The Nigerian Stock Exchange (NSE) has discussed a possible tie-up with London, according to the head of the country's capital markets regulator.
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