1. DealBook: Long Odds on a Big Facebook Payday 4 hours ago   permalink

NATHANIEL POPPER / NYT

If history offers any lesson, average investors may find they face steep odds if they hope to make big money in a much-hyped stock like Facebook.

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Barry Ritholtz / The Big Picture :   Media Appearance: BTV Inside Track; Bloomberg Surveillance Radio

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By ERIC OWLES / NYT DealBook: Trading Begins on Facebook Shares: Live Updates   —  Shares of Facebook began trading above $42 on Friday, a rise of more than 10 percent from their initial offering price of $38 a share, then fell back to nearly where they started. Rob Bear / Curbed National :    On the Market: As Facebook Shares Begin Trading, Homes for New Billionaires Michelle Leder / Footnoted.com :    Facebook in the filings…

SOMINI SENGUPTA / NYT At Facebook, Peer Pressure to Spend Those Millions Quietly   —  At Facebook, ground zero for the nouveau tech riche in Silicon Valley, peer pressure dictates that consumption be kept on the down low. Mathew Ingram / GigaOM :    Facebook IPO: Here is the best of the web Msnbc.com :    NYT: Silicon Valley riches kept on the down low

Www.bloomberg.com Facebook Underwriters Said to Split About $176 Million in Fees   —  May 18 (Bloomberg) -- Barry Ritholtz, chief executive officer of FusionIQ, an equities research firm, talks about the initial public offering of Facebook Inc. and the social network company's growth outlook. Ritholtz speaks with Erik Schatzker, Sara Eisen and Scarlet Fu on Bloomberg Television's "InsideTrack." (Source: Bloomberg) WILLIAM ALDEN / DealBook :    Morning Take-Out Tiernan Ray / Tech Trader Daily :    This Morning: FB Bankers Stiffed, Jobs’s Last iPhone? Latest financial news Facebook's IPO price: $38 per share   —  After four months of paperwork, hype and speculation, the last piece of the Facebook IPO is in place: Facebook said it has priced its IPO at $38 a share. WSJ.com Facebook Prices Its IPO at $38   —  Facebook priced its initial public offering at $38 a share, a move that values the Internet company at more than $100 billion. It tried floating higher numbers to investors but was rebuffed. RSS Facebook set to make market splash with $100bn flotation   —  Facebook shares are being offered to the public for $38 (£24) in one of the biggest ever US stock flotations. Business News Headlines Facebook set to begin trading after $16B offering   —  Facebook is about to find out just how much status updates, puppy photos and billions of "likes" are worth on Wall Street, with CEO Mark Zuckerberg ringing the Nasdaq Stock Market opening bell Friday morning from company headquarters a continent away. Business News Headlines Wall Street holds steady after Facebook opens   —  NEW YORK (Reuters) - U.S. stocks were little changed on Friday, with equities unchanged by the delayed market debut of Facebook . Facebook rose 11 percent to $42 in early trading. The Dow Jones industrial average was down 7.34 points, or 0.06 percent, at 12,435.15. The Standard & Poor's 500 Index was up 0.64 points, or 0.05 percent, at 1,305.50. ... Bits.blogs.nytimes.com Playing the Facebook Closing Day Price Game   —  Ladies and gentlemen. Boys and girls. Step right up and play the Facebook initial public offering game! While its purpose may mystify some people, the Facebook I.P.O. Day Closing Price game is surprisingly fun. It allows you to guess Friday’s closing price of Facebook’s stock, after the first day of public trading. WILLIAM ALDEN / DealBook :    Morning Take-Out Edit Staff / GigaOM Facebook IPO: Tracking the price   —  The time for talking has passed, and the time for buying has begun. We're tracking what could be one of the biggest IPOs in American history--and what will almost certainly be the biggest tech IPO ever--in this post. Sam Gustin / Business Facebook IPO Pops 13% in Early Trading Before Falling Flat   —  Facebook shares jumped 13% to hit $43 just minutes after the company went public in the largest Internet IPO in history. After the so-called first-day “pop,” Facebook shares retreated to the initial offering price of $38 per share. The company has raised $16 billion at a valuation north of $100 billion. Earlier Friday, twenty-eight ... L.A. Times Facebook is tough to quit, and investors like that   —  Among Facebook's advantages as the only big social network is that even users who can't stand it still can't stay away. Slowing growth. A weak platform for mobile advertising. Privacy legislation that could hamstring profits. Finance News Facebook: will stock markets 'unfriend' investors buying now?   —  The excitement and hype that surrounded Facebook's flotation have reignited interest in technology. BRIAN / NYT Bits Blog: Facebook vs. the Wireless Industry   —  Facebook hasn’t yet figured out how to make meaningful revenue from mobile, but it has done plenty to create opportunities and headaches for the wireless carriers. Business Facebook begins trading this morning   —  Facebook is about to find out just how much status updates, puppy photos and billions of "likes" are worth on Wall Street. National Post Social sites see selloff as Facebook IPO looms   —  Shares in social media companies saw a big selloff Thursday, one day ahead of the long awaited initial public offering from Facebook Inc. Finance News Facebook hit with $15bn privacy lawsuit ahead of stock market debut   —  Facebook has been hit with a class-action lawsuit over privacy, just hours before the social network is due to make its $104bn Wall Street debut. Latest CBS MoneyWatch Headlines Video: Facebook's Zuckerberg rings NASDAQ bell on day of IPO   —  Facebook co-founder and CEO Mark Zuckerberg rang the New York-based NASDAQ's opening bell from Facebook's Silicon Valley campus Friday -- the day of Facebook's long-awaited initial public offering. L.A. Times Nasdaq welcomes Facebook, invites comments   —  Facebook Friday is finally here. The bell has rung and the stock goes public in about an hour. Nasdaq has a very friendly welcome to the company on top of its homepage, "to a more open and connected world." CLAIRE ATKINSON / NY Post Facebook tide is lifting many boats   —  Facebook founder Mark Zuckerberg may be famous for his hoodies, but his company’s hotly anticipated IPO is proving to have long coattails. Companies that work within Facebook’s ecosystem are seeing a sharp rise in their value — and their ability to raise cash. One of those companies is Vitrue... Paul Caron / TaxProf Blog The Facebook IPO: Taxing Mark Zuckerberg's Stock   —  In honor of today's Facebook IPO: Victor Fleischer (Colorado), Taxing Founders' Stock, 59 UCLA L. Rev. 60 (2011) Gregg Polsky (North Carolina) & Brant Hellwig (South Carolina), Examining the Tax Advantage of Founders’ Stock, 97 Iowa L. Rev. 1085 (2012) For more, see: Tax Aspects of Facebook's IPO (Feb. 6,... SmartMoney.com Facebook IPO? These Deals Are 5 Times Better   —  Real-Time Advice: Investors considering a purchase of Facebook stock should do some comparison shopping, writes Jack Hough. Dan Primack / Fortune Finance The biggest Facebook winners   —  All Facebook VCs hit a home-run. But who hit grand slams? FORTUNE -- After Facebook priced its IPO last night, I did a post on how much the deal was worth to various insiders (both individuals and institutions). But here's an addendum: VC firms that are likely to return entire funds from Facebook. What follows does not include the greenshoe ... The Seattle Times FACEBOOK FACE-OFF: Press the 'like' button, soon   —  EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy. The Seattle Times CEO Zuckerberg outlines Facebook's 5 core values   —  Facebook CEO Mark Zuckerberg outlined five core values for Facebook in a letter to potential investors. The letter appeared in regulatory filings that Facebook Inc. first submitted in February for its initial public offering of stock. Msnbc.com Here's who is getting rich off Facebook's IPO   —  When Facebook priced its initial public offering Thursday, the event created hundreds of instant millionaires and a few billionaires. Topping the list, of course, is founder and CEO Mark Zuckerberg, who sold $1.1 billion worth of shares and saw his remaining stake valued at $19. Dan Primack / Fortune Finance Facebook's pre-IPO pricing history   —  Facebook is now public. How did the private traders do? FORTUNE -- Facebook ( FB ) is largely credited with the widespread popularity of trading in private company shares, and arguably has seen more of its stock trade via secondary markets than all other private companies combined. The question, therefore, is whether those pre-IPO buyers got a ... National Post Facebook valued at stellar US$104.2B   —  Facebook Inc. raised US$16billion in the biggest initial public offering by a technology company in history, pricing the shares at the top end of an increased range. Www.nuwireinvestor.com Lessons Small Business Owners Can Learn From Facebook's Mark Zuckerberg   —  As Facebook fast approaches the release of its $100 billion IPO, more and more business leaders and market observers are questioning CEO Mark Zuckerberg’s ability to lead a public corporation of such size. Some question his age while others question his presentation (Zuckerberg’s business attire often consists of a hoodie and sneakers). Angela Shupe / Business Opportunities :    What You Can Learn From Mark Zuckerberg Hayley Tsukayama / Business News Facebook IPO: The pressure of being Mark Zuckerberg   —  With Facebook now on the market with a $104 billion valuation, how will the brainchild of co-founder Mark Zuckerberg move ahead as a public company? At 28, Zuckerberg has seen the project he began building with other students in a college dorm room become the subject of an Oscar-nominated film, the focus of frenzied investors and a central part ... Info / Tax Foundation Outraged By Facebook Expatriate, Sens. Schumer and Casey Propose Steep "Exit Tax"   —  Facebook.com co-founder Eduardo Saverin—the good guy from The Social Network —was allegedly muscled out of the company but sued to get a 4 percent stake. Since 2009, the Brazilian-born Saverin has lived in Singapore, and he's in the news this week because he's giving up his U.S. citizenship right before his stake in Facebook turns ... Msnbc.com Mom speaks out over school's Facebook snooping   —  A mother who says her middle-school daughter was forced to let school officials browse the 13-year-old girl’s private Facebook page is speaking out against the practice because, she says, "other parents are scared to talk about it." Bargaineering / Pfblogs.org Your Take: Are You Buying the Facebook IPO?   —  One of the most anticipated IPOs in a long time is about to drop today – Facebook. This post will be published around 7am and when the markets open at 9:30am, chances are the initial public offering for the largest social network kick off with a price between $28 and $35 (they raised it to [...]Your Take: Are You Buying the Facebook IPO? ... Charlie O'Donnell / Thisisgoingtobebig.com What the Facebook IPO means: 10 things   —  1) Expect the angel and seed stage market to continue to stay hot. Newly wealthy Facebookers will likely contribute massively to early stage companies, which means building relationships with companies early and actually rolling up sleeves to add value will be a must for investors. If you're just money, you are toast. 2) Facebook will be hungry ... Don't Mess With Taxes / Pfblogs.org Facebook co-founder's expatriation tax savings prompt Ex-PATRIOT Act   —  Home is where the heart, and tax savings, are for Facebook co-founder Eduardo Saverin. That home now is in Singapore. Today's Facebook initial public offering could make Saverin around $4 billion richer. By renouncing his naturalized U.S. citizenship last September and relocating to the Asian city-state, Saverin will escape an estimated $67 ...

2. Will Greece exit the euro? 6 hours ago   permalink

Edition.cnn.com

A man reads a newspaper in central Athens on May 17, 2012. Debt-laden Greece is headed for new elections next month following an indecisive vote on May 6, amid growing fears over the country's eurozone future.

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World business news :   GREEK BANKS FEEL STRAIN

Economic news :   Greek banks strain for cash

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Business News Headlines Greece to dissolve Parliament for new election   —  Greece's day-old Parliament held its last session Friday to allow for new elections next month that are being cast as a decision on whether to keep the country in the 17-nation eurozone — even if that means accepting a deeply unpopular austerity program.

Finance News Greek euro exit: what the economists say   —  Most forecasters brave enough to predict the likelihood of a eurozone break-up say the chance of a "Grexit" is now between 50pc and 75pc. Here's what some economists have been saying over the past week.

Www.housepricecrash.co.uk Wall street journal: Barclays Global Research Head: Greek Euro Exit Likely   —  Greece is likely to leave the euro zone by the new year after Europe crafts a plan for an orderly exit, Barclays PLC's (BCS) global head of research predicted Thursday. Speaking at a Bretton Woods Committee conference, Larry Kantor said Barclays couldn't develop a scenario on paper for Greece to return to fiscal sustainability and so it is " ... BBC News EU 'plans for Greek exit option'   —  The EU Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says. The Seattle Times Greece to dissolve Parliament for new election   —  Greece's Parliament is to be dissolved so new elections can be held June 17.

3. U.S. Slaps Tariffs on Chinese Solar Panels 1 hour ago   permalink

KEITH BRADSHER / NYT

The United States Commerce Department concluded that Chinese producers had “dumped” their products on the American market.

discussions

Environmental and Urban Economics / Economics Roundtable :   The Environmental Costs of Anti-Dumping Policy

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Associated Press / Business China Rejects US Ruling in Solar Dumping Case   —  BEIJING  — China‘s government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy. The conflict has worsened U.S.-Chinese trade tensions. The two governments have pledged to cooperate in developing ...

Business Solar fight heats up   —  WASHINGTON - The Obama administration moved Thursday to impose stiff new tariffs on solar panels made in China, finding that Chinese companies are improperly flooding the U.S. market with government-subsidized products.

4. Orbitz Worldwide, Inc. 4 hours ago   permalink

Www.google.com

Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

discussions

Inquirer Business :   Atlas Resources buys more shale-gas leases in Texas

Michelle Leder / Footnoted.com :   Facebook in the filings…

5. U2's Bono to become the world's richest musician tomorrow 2 hours ago   permalink

Www.nme.com

U2 frontman Bono will become the richest musician in the world tomorrow (May 18), overtaking Paul McCartney. Facebook is set to float on the stock exchange tomorrow and all its early investors are set to earn huge amounts of money from the flotation, with the Irish singer among them.

discussions

Mathew Ingram / GigaOM :   Facebook IPO: Here is the best of the web

Msnbc.com :   Facebook to make Bono richest musician

6. Facebook shares rise in first moments of trading on Nasdaq 9 minutes ago   permalink

Www.seattlepi.com

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USATODAY.com Feed Facebook friends the Nasdaq   —  Mark Zuckerberg rings the Nasdaq opening bell, marking the arrival of the social network to Wall Street.

7. Unemployment rates fall in two-thirds of US states 6 minutes ago   permalink

Business News Headlines

Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.

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Www.calculatedriskblog.com State Unemployment Rates decline in 37 states in April   —  Regional and state unemployment rates were little changed in April. Thirty-seven states and the District of Columbia recorded unemployment rate decreases, five states posted rate increases, and eight states had no change, the U.S. Bureau of Labor Statistics reported today. Forty-eight states and the District of Columbia registered unemployment ...

The Dallas Morning News Texas unemployment rate lowers to 6.9 percent   —  Driven by gains in construction and manufacturing, Texas employers added 13,200 workers in April and the state's unemployment rate sank to 6.9 percent, according to figures from the Texas Workforce Commission.

The Seattle Times Unemployment rates fall in two-thirds of US states   —  Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country. Comments / Azcentral.com Unemployment rates fall in 37 states   —  WASHINGTON - -- Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.

8. Ben Watson of Hootsuite: Managing Twitter Chatter 10 minutes ago   permalink

Smallbiztrends.com

Tweet, Tweet. Who’s there? Millions of people. The power of social media is helping small businesses make great strides getting the word out about their business, products and services. But one area where it’s specifically making it’s mark is in better customer relations and service. The amount of information flowing in and out ...

9. United, Continental pilots cleared to call a strike vote 17 minutes ago   permalink

Www.chicagotribune.com

United and Continental pilots march at the airline's headquarters on Wacker Drive this month to protest the lack of progress on contract talks. (Jose M. Osorio/Tribune / May 17, 2012)

discussions

Chris Morran / The Consumerist :   United/Continental Pilots Get Authority To Call Strike Vote

10. Euro Watch: Markets on Edge After Downgrades in Europe 32 minutes ago   permalink

PAUL GEITNER / NYT

HONG KONG — Asian stock markets fell sharply on Friday, continuing a marked sell-off that had swept across Europe and the United States the previous day, as concerns over the festering euro zone debt woes once again reasserted themselves.

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RSS Europe fears keep markets on edge   —  Concerns that Europe's debt crisis could drag down parts of the continent's banking system hit most global markets today though social network Facebook's imminent flotation buoyed sentiment on Wall Street.

Reuters Police detain 400 "Blockupy" activists in Frankfurt   —  FRANKFURT (Reuters) - German police said they detained 400 anti-capitalist protesters in Frankfurt on Friday for defying a ban on demonstrations against austerity policies implemented to tackle the intensifying euro zone debt crisis.

Morningstar Articles Asian Markets Hit by Europe Risks, U.S. Data   —  Asian markets posted sharp declines Friday as signs of Europe’s deepening debt crisis along with a batch of downbeat data in the U.S. spooked investors. The Seattle Times World stock markets sink on US, Europe worries   —  World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union.

11. Check Facebook stock 1 minute ago   permalink

Business and financial news

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Www.seattlepi.com Facebook stock jumps in public debut   —  BARBARA ORTUTAY, Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

L.A. Times Facebook stock jumps about 10% as public trading begins   —  NEW YORK -- Facebook Inc.’s stock shot up more than $4, or about 10%, to about $42 a share in the first few minutes after its public Wall Street debut Friday.

USATODAY.com Feed Other stocks rise weakly, waiting for Facebook to trade   —  The Dow has fallen 11 of the past 12 trading days, including a loss of 156 points Thursday. It's down 6% this month. Europe was hurting investor enthusiasm. Representatives of the G-8 group of nations are headed to Camp David this weekend, looking for assurances that leaders in Europe can contain damage from a potential collapse in Greece.

12. The Creepy Dudes of Wall Street: Are Finance Guys Losing Their Mojo on the Dating Scene, Too? 3 minutes ago   permalink

Amy Tennery / Business

It’s tough to tell when an internet phenomenon reaches actual meme status. But, in the case of the “creepy finance guy,” I think we can finally call it. This week saw yet another jaw-dropping tale of Wall Street prattishness, this time in the form of a post-date survey. Yep, a finance dude went on a [...]

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Paul Caron / TaxProf Blog TPC Hosts Making Wall Street Pay: The Pros and Cons of Financial Taxes   —  The Tax Policy Center hosts a program today on Making Wall Street Pay: The Pros and Cons of Financial Taxes (webcast here): The global financial crisis drained government coffers and rocked public confidence around the world. Many leaders now believe taxes on financial transactions and/or financial activities could relieve these...

Business Facebook scores big on Wall Street   —  The social media giant sold $16 billion in stock in one of the largest public offerings ever. Shares start trading today.

Tim / Adverblog Video of the Day: Church Street Boxing   —  Eric Kelly of Church Street Boxing has a unique approach to training his clients–or as he calls them, “miscreants” or “Wall Street nerds”. To help them perfect their boxing technique, Eric subjects them to a funny barrage of verbal abuse, insults, and public degradation. Throughout the video Eric drops some classic lines. As ...

13. Top-Ranked Andersons Getting Very Oversold 3 minutes ago   permalink

DividendChannel.com / Forbes

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Andersons, Inc. (NASD: ANDE) presently has an above average rank, in ...

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DividendChannel.com / Forbes Dividend Channel Identifies Oversold Conditions For Top Quartile Ranked Dividend Stock ADP   —  The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Automatic Data Processing Inc. (NASD: ADP) presently has an ...

DividendChannel.com / Forbes Top 10th Percentile Ranked Dividend Stock MAIN Enters Oversold Territory   —  The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Main Street Capital Corporation (NYSE: MAIN) presently has a stellar ...

14. Florida Capital Bank board member issues notice to buy stock 8 minutes ago   permalink

Christian Conte / Banking

One of the board of director members at Florida Capital Bank recently gave notice to the Federal Reserve Bank of Atlanta to possibly buy additional shares of the bank’s common stock that could amount to as much as 85.58 percent of its total common stock outstanding. James Heavener, who is on the board of directors at the bank, and general ...

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Denver Business Journal / Banking Carlile Bancshares buying Colorado Community Bank   —  The parent company of Colorado Community Bank announced Thursday it’s being acquired by Fort Worth-based Carlile Bancshares Inc. Colorado Community Bank, which has 18 locations across the state, is owned by Washington Investment Co. of Yuma. Carlile has a definitive agreement to buy Washington Investment and the banking subsidiary. Terms weren�

Business and financial news Day trader: Apple stock is a 'buy'   —  FORTUNE -- With Apple (AAPL) in an extraordinarily oversold position, trading just over $530 a share -- under 13 times last year's earnings and 10.56 times his estimated October earnings -- Bullish Cross' Andy Zaky on Thursday told his readers to buy:

Brad Feld / Feld Thoughts Monthly Financials, Quarterly Board Meetings, Continuous Communications   —  I’ve been writing about boards of directors some lately – both changing my behavior as well as thinking out loud as I explore reinventing how boards work for the book “Startup Boards” that I’m working on with Mahendra Ramsinghani. All fit in the context of continuous communications as I believe three things about ...

15. Facebook must change after IPO 24 minutes ago   permalink

USATODAY.com Feed

Among the company's priorities: diversify its sources of revenue and boost its presence in mobile ads, social commerce and social gaming.

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Www.ritholtz.com A Facebook IPO By the Numbers   —  In stark contrast to a near tripling in the NY mfr'g survey, the May Philly mfr'g report went from +8.5 to -5.8, well below expectations of +10 and the weakest since Sept '11. The components confirm the headline weakness (headline not a sum of its parts) as New Orders fell to -1.2 from +2.7, Backlogs fell to -9.4 from +3.2 and importantly, ...

Morningstar Articles Morningstar's Take on the Facebook IPO   —  Facebook's debut has unsurprisingly been one of the most talked about tech IPOs in years. The sheer size of the offering, the ubiquity of its service, and the lack of growth elsewhere in the market has led to a very high level of interest from investors of all stripes. But is this excitement warranted?

Comments / Azcentral.com FACEBOOK IPO LIVE:   —  The site, which was born in a dorm room eight years ago and has grown into a worldwide network of almost a billion people, is making the most talked-about stock market debut in years.

16. Social Marketing is Not Science or Art 1 hour ago   permalink

Www.theengagingbrand.com

The human life can be taken down to its DNA.......and so can our conversations on the web, our shopping on the web etc etc The irony is that the deeper the internet goes, the blurry the picture becomes.....I may argue that we are in danger of knowing so much, we know nothing at all.

17. Spain hit by rise in bad bank loans 26 minutes ago   permalink

FT.com

Value of bad loans held by banking sector increased a third during the past year to €148bn and accounted for 8.4% of their entire loan portfolios

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Webmaster / Entrepreneur Update 4 Mistakes to Avoid When Applying for a Bank Loan   —  Two leading banks, honored for National Small Business Week, offer their best advice to business owners seeking credit.

Business Blogs Bad Credit Mortgage Loan   —  A bad credit mortgage loan can help those who have a damaged credit report qualify for a mortgage and purchase a home for their family.

The Seattle Times Spanish stocks focus of investor concern   —  The level of bad loans on the books of Spain's banks has risen to an 18-year high, the country's central banker reported Friday, increasing concern for the stability of Spain's financial sector and the country's place in the fragile eurozone economy.

18. European markets fall as US markets open higher 50 minutes ago   permalink

RTÉ News

Concerns that Europe's debt crisis could drag down parts of the continent's banking system rattled most global markets today, though social network Facebook's IPO buoyed sentiment on Wall Street.

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Business News Headlines Japan government ups economic outlook on consumption, exports   —  TOKYO (Reuters) - Japan's government took a brighter view of the economy in a report on Friday, thanks to improvements in private consumption and exports, but it warned that Europe's debt crisis and financial market swings could worsen the outlook. The upgrade, the first since August last year, comes one day after data showed Japan's economy ...

The Seattle Times Global leaders seek to corral Europe crisis   —  The leaders of eight of the world's biggest economies meet this weekend outside Washington, seeking to keep Europe's debt crisis from spiraling out of control and jeopardizing fledgling recoveries in the U.S. and elsewhere.

BBC News Market jitters over eurozone woes   —  European markets suffer a nervous session with investors unsettled by a downgrade for Spanish banks and the political crisis in Greece.

19. The Best Way to Invest in the Global Gambling Surge 1 minute ago   permalink

RealMoney

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
 By Ryan Fuhrmann Back in January, I highlighted how state and local governments were starting to turn to legalizing gambling to shore up their tax bases. Since ...

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RealMoney Who Shot U.S. Bonds?: A Lesson on 21st Century Risk   —  The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (Bullion Bulls Canada) -- In my opinion, the mainstream (corporate) media is nothing less than the unofficial accomplice of the banking crime syndicate that ...

National Post CPPIB investment strategy weathers global gyrations   —  TORONTO - Diversification and private investments helped the CPP Fund post a 6.6% return for fiscal 2012 despite "dramatic" fluctuations in global capital markets.

20. JPMorgan May Lose $5 Billion on Derivatives, WSJ Reports 47 minutes ago   permalink

Www.bloomberg.com

JPMorgan last week announced a $2 billion trading loss on synthetic credit products, or derivatives tied to credit performance. JPMorgan last week announced a $2 billion trading loss on synthetic credit products, or derivatives tied to credit performance. Photographer: Peter Foley/Bloomberg

discussions

James Aldridge / Banking :   Report: J.P. Morgan Chase trading loss may mushroom to $5 billion

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L.A. Times JPMorgan chief to testify at hearing   —  Jamie Dimon agrees to appear before a Senate panel, which is looking at the bank's $2-billion trading loss. WASHINGTON — JPMorgan Chase & Co. Chief Executive Jamie Dimon has agreed to testify at a hearing about the bank's $2-billion trading loss.

Business JPMorgan's Troubles And The Price Of Eggs   —  JPMorgan Chase says it lost billions of dollars trading "synthetic derivatives." Do these complex Wall Street transactions ever do anything to help average people? To answer that question, we consider the case of an imaginary company, Chickens LLC, that is looking to grow.