News > Dow Jones

IPO Pop Isn't in Facebook's Script

Date: 18.05.2012

Buying on day one for the IPO pop is an exercise in finding a greater fool. Facebook's insiders are no fools—they aren't leaving that extra money on the table by underpricing the deal. Learn more

Greek Leftist Leader Challenges EU on Debt

Date: 18.05.2012

Alexis Tsipras, head of Greece's radical left party, said in an interview with the Journal that there is little chance Europe will cut off funding to the country and if it does, Greece will repudiate its debts. Learn more

U.S. Stocks Extend Losing Streak

Date: 18.05.2012

U.S. stocks traded lower as continued worries about the euro zone and a weak reading on mid-Atlantic business conditions outweighed upbeat earnings from Wal-Mart and Sears. Learn more

Here Are 10 Reasons Not to Buy Facebook Before You Buy It Anyway

Date: 18.05.2012

David Weidner offers 10 reasons not to buy Facebook shares, though he acknowledges he won't be able to persuade investors not to buy. Learn more

Dimon to Testify Before Senate Banking Panel

Date: 18.05.2012

J.P. Morgan Chief Executive James Dimon will testify before a key Senate panel as early as next month about his company's $2 billion-plus trading loss. Learn more

SEC Probes Role of Fund in CDOs

Date: 18.05.2012

U.S. securities regulators are investigating hedge-fund firm Magnetar Capital, which bet on several mortgage-bond deals that wound up imploding during the financial crisis. Learn more

Geithner: Lehman Wasn't Felled by J.P. Morgan Collateral Calls

Date: 18.05.2012

Treasury Secretary Timothy Geithner says J.P. Morgan's collateral requests from a stricken Lehman Brothers was "immaterial" to the bank's collapse and the filing of the largest bankruptcy in U.S. history. Learn more

White House Eyes Tougher Bank Rules

Date: 18.05.2012

In the wake of losses at J.P. Morgan, the White House is seeking to ensure a tough interpretation of a regulation designed to prevent banks from making bets with their own money. Learn more

Bankia Shares Dive

Date: 18.05.2012

Spain moved to quell fears of massive deposit withdrawals in Bankia as its shares were pummeled by a report that depositors had withdrawn around $1.27 billion. Learn more

Bids for ING's Asian Life Insurance Due Friday

Date: 18.05.2012

Some of the world's biggest insurers are expected to make offers for ING Groep's Asian life-insurance arm by Friday, in an auction that could give the winner a footprint in some of the fastest-growing insurance markets globally. Learn more

From 'Caveman' to 'Whale'

Date: 18.05.2012

Bruno Iksil wagered large, and won, in bets last year against a group of junk-bond-rated companies. His trades soured this year, losing the Wall Street bank more than $2 billion. Learn more

Pay Clawbacks Raise Knotty Issues

Date: 18.05.2012

J.P. Morgan boss James Dimon says the bank may pursue pay clawbacks for those employees responsible for more than $2 billion in trading losses. But Wall Street's track record is thin in this area. Learn more

Aviva to Review All Business Units

Date: 17.05.2012

U.K. insurer Aviva said it would conduct a strategic review of all its businesses and strengthen its capital base, in what may lead to the company's most important overhaul since 2007. Learn more

Spanish Yields Rise on Euro Concerns

Date: 17.05.2012

Spain's borrowing costs lurched higher as doubts over Greece's future in the euro spurred fears that other nations could be the next weak links. Learn more

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