Oakland-based Internet radio company Pandora Media Inc.'s $16 IPO share price has left the market wondering whether the shares are overvalued or not.
It was supposed to be much smoother sailing by now.
The companies whose shares are moving in pre-market trade on Tuesday are: Nabors Industries, Micron Technology, Sprint Nextel, Barclays, Wells Fargo, Ford Motor, Caterpillar, Apple, Nokia, Morgan Stanley and Kinder Morgan Energy.
The top after-market NASDAQ Stock Market gainers are: Yongye International, Global Sources, Sky-mobi, School Specialty, and Pantry. The top after-market NASDAQ Stock Market losers are: Gladstone Commercial, Diodes, Wi-LAN, SeaChange International, and Pharmasset.
Ally Financial, an auto and mortgage lender majority owned by the U.S. government, is delaying a $6 billion IPO due to bad market conditions, two sources familiar with the situation told Reuters.
Morgan Stanley and its China partner Huaxin Securities launched their joint venture on Friday, joining several other rivals looking to cash in on the country's booming investment banking business.
The Organization of Petroleum Exporting Countries (OPEC) meeting would likely end with a decision to increase crude production levels to reduce international concerns about the high price of oil.
Private equity-backed Avaya Inc plans to file for a $1 billion initial public offering as early as this week, marking the latest in a rash of technology sector IPOs, according to a Wall Street Journal story.
Goldman Sachs Group Inc disclosed estimates of potential losses from legal issues after pressure from U.S. Securities and Exchange Commission staff, according to documents released on Friday.
Online coupon company Groupon Inc filed for an initial public offering on Thursday, the latest in a series of social networking companies to tap the U.S. capital markets.
Groupon has become the next big social company to file for an IPO, following in LinkedIn's footsteps.
In a shocking announcement, Google said Chinese hackers have hacked into hundreds of Gmail accounts of senior US and South Korean government officials, military personnel, and Chinese political activists and journalists through a carefully targeted and sustained phishing scam.
The dollar hovered near a two-week low against a basket of currencies on Monday and Asian stocks were pinned in tight trading ranges as weak U.S. economic data and fears of a Greek debt default kept many investors on the sidelines.
A New York judge rejected Morgan Stanley's bid to throw out a lawsuit accusing the bank of fraudulently inducing bond insurer MBIA Inc to insure $223.2 million of risky mortgage debt.
Crude oil prices declined in Europe trade as strengthening U.S. dollar and weaker-than-expected decline in U.S. crude stockpiles weighed.
On May 22, the Federal Reserve Bank of New York added 32 new money market funds in addition to the existing set one of Primary Dealer counterparties.
The companies whose shares are moving in pre-market trade on Monday are: Sequans Communications, Krispy Kreme Doughnuts , AK Steel Holding, Valero Energy Corp, Sony Corp, Carnival Corp, Hess Corp, Freeport-McMoRan, Deere & Co and Halliburton Co.
Shares of LinkedIn soared as high as $122 on its first day of trading on New York Stock Exchange, bringing back memories of tech bubble in late 1990s when investors lapped up internet firms.
Morgan Stanley Chief Executive James Gorman is concerned that regulators may force large banks to hold too much capital, a move that banks worry would crimp profits.
Morgan Stanley aims to raise 1.5 billion yuan ($230 million) in its first yuan-denominated private equity fund in China, joining rivals such as the Carlyle Group and Blackstone for a piece of the booming market.
The companies whose shares are moving in pre-market trade on Monday are: Ford Motor, Caterpillar, Sandisk, NYSE Euronext, Lowes Companies, Advanced Micro Devices, Peabody Energy and Carnival Corp.
Commodities trader Glencore is being pursued for as much as $900 million in damages through lawsuits including a long-running U.S. case linking it to pollution in the U.S. Virgin Islands.