Related topics: facebook · initial public offering

Study shows investors lose, insiders win when IPOs involve analysts

When equity analysts are more involved in a firm's initial public offering, investors who purchase stock based on these analysts' reports lose more than 3 percent of their investment, according to a new study from the University ...

Morgan Stanley says employee stole client data

An employee of Morgan Stanley's wealth management business stole information on about 350,000 clients and posted some of it on the Internet, the investment bank said Monday.

Myanmar moves to delay foreign telecom deals

(AP)—Foreign companies hoping to tap into one of the world's final telecom frontiers grappled with lingering political uncertainties Wednesday after Myanmar's lower house of parliament ruled that licenses for two new cellphone ...

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