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A collection of news and information related to Morgan Stanley Dean Witter & Company published by this site and its partners.

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    May 25, 2012 |Story| Los Angeles Times
  1. Facebook's stock debut shows not all investors are equal

    Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works — and that could spell trouble for the financial industry.
    Chicago Tribune reporter
    Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works — and that could spell trouble for the financial industry. Millions of...

    Tags: Economy, Business and Finance, Media Industry, Stock Market, Financing and Stock Offerings, Banking

  2. May 25, 2012 |Story| WPMT-LTV
  3. Friday, May 25, 2012

    The Finances Behind Facebook Going Public Financial expert Matthew Stout (president of Stout, Joyce, and Bowman Associates) talks about Facebook publicly sharing its stock. He also discusses the company’s drop in share prices and the lawsuit...

    Tags: Music, Golf, D.A. Points, Skype, Stock Car Racing

  4. May 24, 2012 |Story| Coastline Pilot
  5. Crescent Bay Advisors moves on in AAA playoffs

    Crescent Bay Advisors forced a winner-takes-all showdown for the AAA Division tournament championship by defeating UPS Store, 10-5, in Laguna Beach Little League postseason play at Riddle Field on Wednesday. CBA, which won the division's regular...

    Tags: Sports, American Legion, Minor League Baseball, Automotive Equipment, Baseball

  6. May 24, 2012 |Story| KIAH-LTV
  7. Facebook investors file lawsuits over IPO

    KIAH
    The excitement over Facebook's debut on the stock exchange has been replaced with anger. After its debut, there was a decline in its share. Not good, especially for those investors. Now three of them have filed a civil lawsuit alleging that Facebook, and...

    Tags: Media Industry, Justice System, Financing and Stock Offerings, Crime, Law and Justice, Facebook

  8. May 24, 2012 |Story| Los Angeles Times
  9. Stocks mixed in early trading on Wall Street

    NEW YORK — Stocks were mixed in early trading on Wall Street but turned positive following government data showing strong bank profits. An hour after the opening bell on Wall Street, the Dow Jones industrial average was up 31 points, or 0.3%, to...

    Tags: Financing and Stock Offerings, Initial Public Offerings, Facebook

  10. May 23, 2012 |Story| Los Angeles Times
  11. Facebook, Wall Street banks under fire from lawmakers and lawyers

    WASHINGTON — Already grappling with regulatory reviews of its troubled initial public offering, Facebook Inc. and the Wall Street banks that shepherded the deal are now under fire from lawmakers and lawyers. Two congressional committees said...

    Tags: Stock Market, Initial Public Offerings, Shareholders, Manhattan (New York City), Mark Zuckerberg

  12. May 24, 2012 |Story| Los Angeles Times
  13. Facebook's lucky friends?

    Facebook has made a habit of advancing its interests at the expense of its customers, whether by weakening its privacy policy, tracking users' movements around the Web or radically reconfiguring the way information is displayed on the site's pages. So it probably shouldn't surprise anyone that while the company's initial stock offering was a boon to the company and insiders, it's been a costly disappointment for the general public. Now, some investors are <a href=&quot;http://lat.ms/JVJwSM">accusing</a> the company and its bankers of playing the public for suckers, sharing pessimistic revenue projections with a few insiders but not average investors. It's an accusation that has drawn the attention of Congress and federal regulators, and it's serious enough to merit a thorough investigation.
    Facebook has made a habit of advancing its interests at the expense of its customers, whether by weakening its privacy policy, tracking users' movements around the Web or radically reconfiguring the way information is displayed on the site's pages. So...

    Tags: Economy, Business and Finance, Media Industry, Financing and Stock Offerings, Banking, Finance

  14. May 23, 2012 |Story| Los Angeles Times
  15. Chipotle federal immigration probe: 'We didn't do anything wrong'

    Chipotle Mexican Grill Inc. continues to get heat for its hiring practices, with the Securities and Exchange Commission and now federal prosecutors looking into the company.
    Chipotle Mexican Grill Inc. continues to get heat for its hiring practices, with the Securities and Exchange Commission and now federal prosecutors looking into the company. Earlier this week, the U.S. attorney for the District of Columbia told the...

    Tags: Economy, Business and Finance, Justice System, U.S. Department of Homeland Security, Lawyers, Immigration

  16. May 23, 2012 |Story| Los Angeles Times
  17. Congressional committees looking into Facebook IPO problems

    WASHINGTON -- Two congressional committees are looking into the troubled initial public offering of&nbsp;Facebook Inc., aides said Wednesday.
    This post has been corrected, as indicated below.
    WASHINGTON -- Two congressional committees are looking into the troubled initial public offering of Facebook Inc., aides said Wednesday. The Senate Banking Committee and House Financial Services Committee are both conducting preliminary inquiries, though...

    Tags: Media Industry, Economy, Business and Finance, Justice System, Barack Obama, Lawyers

  18. May 23, 2012 |Story| Los Angeles Times
  19. Facebook, Morgan Stanley face class-action suit over IPO

    WASHINGTON -- A class-action lawsuit was filed Wednesday against Facebook Inc., Morgan Stanley & Co., and the other Wall Street banks that underwrote the Facebook's initial public offering, alleging they misled most shareholders about revenue...

    Tags: Media Industry, Economy, Business and Finance, Financing and Stock Offerings, Initial Public Offerings, Goldman Sachs

  20. May 23, 2012 |Story| Petoskey News
  21. News briefs for Wednesday, May 23

    <span style=&quot;font-size: medium;"><strong>Egyptians vote in presidential election to rid nation of decades of dictatorship</strong></span>
    Egyptians vote in presidential election to rid nation of decades of dictatorship CAIRO (AP) — Determined to end decades of authoritarian rule, millions of Egyptians waited patiently in long lines outside polling stations across the nation on...

    Tags: Prostitution, Barack Obama, Iran's Nuclear Program, Initial Public Offerings, ABC (tv network)

  22. May 23, 2012 |Story| Los Angeles Times
  23. U.S. stocks slide in early trading on Wall Street

    U.S. stocks slid in early trading following renewed concerns about Greece being forced out of the euro common currency.
    U.S. stocks slid in early trading following renewed concerns about Greece being forced out of the euro common currency. The Dow Jones industrial average was down 87 points, or 0.7%, to 12,416, shortly after the opening bell. The broader Standard & Poor'...

    Tags: Media Industry, Stock Market, Facebook, Europe

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