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David Benoit, Reporter, The Wall Street Journal in News on May 23 at 9:57 am PT
Three Facebook Inc. investors filed a civil lawsuit Wednesday in Manhattan federal court, alleging the company and its underwriters failed to properly disclose changes to analysts’ forecasts made at the underwriting banks.
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Shayndi Raice, Anupreeta Das and Gina Chon, Reporters, The Wall Street Journal in News on May 22 at 5:46 pm PT
Less than three days before Facebook Inc.’s initial public offering, Chief Financial Officer David Ebersman decided to boost the number of shares the company would offer investors by 25 percent, said people familiar with the planning. His main adviser at lead underwriter Morgan Stanley assured him there was plenty of demand, they said.
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David Weidner, Columnist, The Wall Street Journal in News on May 17 at 3:35 pm PT
By now, you’ve probably made your mind up about Facebook Inc.’s initial public offering. You’re buying it — at any price and by any means necessary. No one is going to convince you otherwise.
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Ben Levisohn, Reporter, The Wall Street Journal in News on May 11 at 12:23 pm PT
As social-networking giant Facebook prepares to sell stock to the public for the first time, money managers are mobbing investor roadshows and deluging the deal’s underwriters with requests for as many shares as they can get their hands on. Ordinary investors, however, would be better off waiting until some of the buzz dies down, experts say.
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Suzanne Vranica and Shayndi Raice, Reporters, The Wall Street Journal in Media on May 2 at 5:00 am PT
Facebook Inc. has built a $3 billion-a-year advertising business by convincing marketers to buy new forms of advertising designed to create buzz around their brands. But some advertisers with big spending accounts are wondering whether they’re getting their money’s worth.
