Claim or Create your Free Community Profile : Sign in / Sign up
Nasdaq boosts Facebook compensation plan to $62 mln
Jul 21st, 2012
WASHINGTON/NEW YORK (Reuters) - Nasdaq OMX Group Inc plans to pay out $62 million in cash to firms that lost money in Facebook Inc's bungled initial public offering in May, modifying an earlier plan that drew intense criticism from market makers and other exchanges. The plan, which Nasdaq filed with regulators late Friday, is $22 million larger than originally proposed in June. All accommodations will be paid in cash, a departure from the prior proposal, in which Nasdaq would have mostly compensated firms through trading credits or rebates. ... (Source: Reuters) -
By Ryan Vlastelica NEW YORK (Reuters) - Stocks open little changed on Friday but remained on track for a third straight week of gains, while a pair of strong corporate earnings helped the Nasdaq register a small advance. Equities have rallied this week, with the S&P 500 recently undergoing a five-day streak of record closing highs. Investors ex... [Full Article]
Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring. Its quarterly results topped Wall Street expectations, and the world's ... (Source: Associated Press)... [Full Article]
Despite all the glowing reviews of the HTC One, including all the reviews for the Samsung Galaxy S IV that ended up championing all the great things about the HTC One instead, HTC is currently falling apart - at least in part because of "disastrous" sales that wiped the HTC First (aka the Facebook phone) on its way out of the market. Two ... [Full Article]
By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against director James Johns... [Full Article]
TOKYO (AP) - Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it. (Source: Associated Press... [Full Article]
2Space PassportNewsCommunityMarketPlaceFree Tools
