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Some Facebook Underwriters Helped Short Sellers

As traders at Morgan Stanley were frantically trying to shore up Facebook Inc.’s share price following the company’s initial public offering, other managers on the deal were helping short sellers bet that the newly minted stock would fall.

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SpaceX Capsule Reaches Milestone With Space Maneuvers

A private unmanned spacecraft appeared to complete a series of maneuvers around the international space station flawlessly on Thursday, clearing the last major hurdle before a historic docking attempt planned for Friday.

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Some Big Firms Got Facebook Warning

It is one of Wall Street’s best-kept secrets: Securities firms are allowed to selectively confer with favored large investing clients about crucial information as they prepare IPOs.

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Pandora’s Loss Widens, but Sales Jump

Pandora Media Inc. on Wednesday reported a wider loss for its fiscal first quarter on higher costs, but its revenue jumped 58 percent and the Internet radio company raised its outlook.

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Lenovo’s Quarterly Net Climbs 59 Percent

Lenovo Group Ltd. bucked the tough times in the personal-computer business with a 59 percent rise in fiscal fourth-quarter net profit, and the company said it expects profitability to improve as it increases its efforts in consumer gadgets such as smartphones.

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Investors File Suit Against Facebook, Underwriters

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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For AOL, a Costly Gamble on Local News Draws Trouble

Patch.com, a network of small-town news sites owned by AOL Inc., has emerged at the center of a tug of war over the Internet company’s future.

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Inside Fumbled Facebook Offering

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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Plan for U.S. “Entrepreneur’s Visa” Moves Forward

A bipartisan group of senators will introduce legislation Tuesday that would seek to make it easier for foreign students who hold post-graduate degrees in math, science or engineering from American colleges to remain in the U.S. after they finish their studies.

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Alibaba Regains Control

Alibaba Group Holding Ltd.’s deal to buy back shares from Yahoo Inc. gives the Chinese e-commerce company the control it craves to grapple with mounting domestic competition and logistical challenges.