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Procter & Gamble board sticks by its criticized CEO
Hedge fund manager who owns 1% of company’s stock has 75 pages of complaints about CEO Bob McDonald’s leadership. Original post on usatoday.com Comments on reddit.com
4 Twitter Marketing Tips
So you are looking for twitter marketing tips to improve your online presence? In this article you will learn 5 great twitter marketing tips you can implement right away. Original post on infobarrel.com Comments on reddit.com
FedEx says economy is worsening, cuts outlook
FedEx Corp. says the global economy is stalling, and it’s going to get worse next year. Original post on latimes.com Comments on reddit.com
Google Puts Internet Explorer 8 on Notice, Ends Support in Nov. – News – Opinion
Google will no longer support Internet Explorer 8 in a few months. What does that mean for future Google app compatibility? Original post on pcmag.com Comments on reddit.com
LEAKED! Here’s The White House’s Draft Cybersecurity Executive Order
Earlier this week, we wrote about how the White House was working on an executive order to act as a Original post on techdirt.com Comments on reddit.com
Treasury launches $18 billion AIG stock offering
NEW YORK (Reuters) – The U.S. Treasury Department said it will sell most of its stake in insurer American International Group Inc, making the government a minority investor for the first time since it Original post on reuters.com Comments on reddit.com
This Man Is the Face of Facebook’s Failed IPO – Technology
More than three months after Facebook’s IPO, chief financial officer David Ebersman is getting the blame for the social network’s failure on the stock market, at least that’s how DealBook’s Andrew Ross Sorkin sees it. Original post on theatlanticwire.com Comments on reddit.com
Facebook co-founder Moskovitz sells 450,000 more shares
Moskovitz has been selling 150,000 shares a day and disclosing the sales every three days. Original post on usatoday.com Comments on reddit.com
Desmond Tutu quits summit with Blair over invasion of Iraq – World Politics – World
Archbishop Desmond Tutu has pulled out of an international summit because he doesn’t want to share a platform with the Original post on independent.co.uk Comments on reddit.com
Middle class share of America’s income shrinking
WASHINGTON (AP) — The share of the nation’s income earned by the middle class has fallen to its lowest level in recent decades. It’s been surpassed by affluent earners as median wages stagnate and wealth concentrates at the top in a relatively weak economy.A study by the Pew Research Center highlights the diminished share for the roughly half of U.S. adults who define themselves as Original post on ap.org Comments on reddit.com
HP posts mega-loss after EDS writedown – Reuters
SAN FRANCISCO (Reuters) – Hewlett-Packard Co swung to an $8.9 billion quarterly loss as personal computer sales shrank again and it swallowed a huge write-down linked to its $13.9 billion purchase of Electronic Original post on reuters.com Comments on reddit.com
Facebook’s Ambition Collides With a Harsh Market – NYTimes.com
The challenge for Facebook, which is worth just over half of what it was three months ago, is to convince Wall Street that it has a real plan for making money. Original post on nytimes.com Comments on reddit.com
Billionaire George Soros Buys 7.9% Of Manchester United – Forbes
Billionaire investor George Soros disclosed a 7.9% stake in mythical football club Manchester United, despite the stock’s underperformance since going public ten days ago. Original post on forbes.com Comments on reddit.com
Early Facebook Investor And Board Member Peter Thiel Sells A Majority Of His Shares – Forbes
Billionaire Peter Thiel sold a majority of his remaining Facebook shares last week according to a financial document filed today with the Securities and Exchange Commission. Original post on forbes.com Comments on reddit.com
Microsoft offloads 20 percent of its Facebook shares: report – ZDNet
Summary: Microsoft has reportedly sold one-fifth of its shares in Facebook shortly after the social network’s public offering in May. Original post on zdnet.com Comments on reddit.com
How Instagram Could Have Cut a Better Deal – NYTimes.com
When negotiating a sale, Instagram’s founders could have protected themselves from a decline in Faceook’s share value if they had used some common merger tools. Original post on nytimes.com Comments on reddit.com
The Facebook IPO Proves The New Rule That Private Markets Trump Public Markets – Forbes
The Facebook IPO is a cynical tale of selling cheap shares privately at peak rates of growth– only to dump the shares on the unsuspecting public when growth suddenly slowed. Imagine; in the face of slower growth Facebook and its financial advisers upped the ante [...] Original post on forbes.com Comments on reddit.com
Facebook’s Stock Crash Has Created A Bunch Of New Problems For The Company. – Business Insider
None of which is good for the stock price. Original post on businessinsider.com Comments on reddit.com
‘Romney is hiding Bain abortion profits in his tax returns,’ says Tampa foe
CONTACT Rod Mitchell 281 350 5506 Romney is hiding Bain abortion profits in his tax returns says Tampa foe Baldwin Disclose your tax returns and everything else about Stericycle Bain investment Original post on mmdnewswire.com Comments on reddit.com
Zuckerberg Fortune Drops $600 Million as Facebook Flops – Yahoo! Finance
From Yahoo! Finance: The fortune of Mark Zuckerberg,Facebook Inc. (FB)’s co-founder and CEO, dropped to a new low today. The 28-year-old’s net worth fell to $10.2 billion, itslowest point since the company’s May 17th initial… Original post on yahoo.com Comments on reddit.com
Groupon Posts Mixed Results and Stock Falls – NYTimes.com
Second-quarter revenue came in below expectations and investors focused on slower growth. Shares lost 27 percent on Tuesday. Original post on nytimes.com Comments on reddit.com
Viacom 3Q profit down 7 pct on TV ad decline – Yahoo! News
From Yahoo! News: Viacom Inc., the owner of Paramount Pictures, MTV and Nickelodeon, on Friday said that its net income fell 7 percent in the latest quarter as advertising revenue declined more than expected and its movie releases failed to measure up to last year’s. Original post on yahoo.com Comments on reddit.com
Facebook shares dive as deadline for insider sales nears – Reuters
SAN FRANCISCO (Reuters) – Facebook shares crumbled again on Thursday, sending the once-feverishly sought-after name below $20 for the first time as investors scrambled to get out of the way of a potential Original post on reuters.com Comments on reddit.com
Facebook shares dip below $20 for first time – Yahoo! Finance
From Yahoo! Finance: Shares of Facebook Inc dipped below $20 for the first time on Thursday, pummeled by ongoing doubts about its growth prospects, a string of recent executive departures, and the August 16 expiration of a… Original post on yahoo.com Comments on reddit.com
Zynga hit by twin lawsuits after stock carnage – Reuters
SAN FRANCISCO (Reuters) – Zynga Inc was hit by a pair of lawsuits from shareholders accusing the FarmVille creator of failing to warn about declines in user and revenue growth before disastrous results Original post on reuters.com Comments on reddit.com
Facebook’s value slides by $10 billion; outlook unclear – Reuters
(Reuters) – Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile investments Original post on reuters.com Comments on digg.com
Music Labels Won’t Share Pirate Bay Loot With Artists – TorrentFreak
Earlier this year the sentences against the Pirate Bay defendants were made final. Aside from prison sentences, they will have to pay damages to the entertainment industries, including €550,000 to several major music labels. The court awarded the damages to compensate artists and rightsholders for their losses. However, it now turns out that artists won’t see a penny of the money, as the labels have allocated it to IFPI to fund new anti-piracy campaigns. Original post on torrentfreak.com Comments on digg.com
Report: Zynga Insiders Dumped Lots of Stock Before It Tanked
Zynga CEO Mark Pincus dumped $200 million worth of stock this past April, three months before his company’s stock suddenly tanked last night, according to a new report. Original post on kotaku.com Comments on reddit.com
BustVille: Zynga shares down an astounding 35% in after-hours trading – VentureBeat
The company’s stock closed the day at $5.19, but it dropped, at one point, by 40 percent on news of the terrible earnings. Original post on venturebeat.com Comments on reddit.com