In the run-up to Facebook’s $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients:
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Archive for May, 2012
Morgan Stanley cut Facebook estimates just before IPO
Wednesday, May 23rd, 2012US dollar’s value at NASDAQ OMX Armenia trading hits 401.95 drams.
Tuesday, May 22nd, 2012The US Dollar’s value at trading today at Nasdaq OMX Armenia stock exchange has risen by 2.45 drams to record high 401.95 drams. An analyst for FOREX CLUB
Some $17.5 million traded at t NASDAQ OMX Armenia May 14-18
Tuesday, May 22nd, 2012The total amount of transactions with USD at NASDAQ OMX Armenia stock exchange on May 14-18 amounted to $17.5 million, a 52.8% increase over the previous week, the Central Bank of Armenia told ARKA
Armenian commercial banks buy $75.2 million last week
Tuesday, May 22nd, 2012Armenian commercial banks bought more than $75.2 million at the local forex market over a period between May 14 and 19 at the average exchange rate of 395.39 drams per one USD
Gazprombank’s total lending to Areximbank – Gasprombank Group reaches $100 million
Tuesday, May 22nd, 2012Gazprombank LLC has lent more than $100 million to Areximbank – Gasprombank Group up to date, the bank’s press office reported on Tuesday.
U.S. stocks jumped on Monday amid reports of Chinese authorities’ plans to support
Tuesday, May 22nd, 2012U.S. stocks jumped on Monday after last week appeared to be the worst since the beginning of the year, amid reports of Chinese authorities’ plans to support the economy
Parallel currency could emerge in Greece- Deutsche Bank says
Tuesday, May 22nd, 2012If Greece’s next set of elections produces a government opposed to its bailout, this could lead to a parallel currency to the euro emerging in the country, rather than a formal
Winners of student’s stock exchange game announced at NASDAQ OMX Armenia
Tuesday, May 22nd, 2012NASDAQ OMX Armenia stock exchange said it supported an initiative of students of Economic Faculty of Yerevan State University which
Areximbank-Gazprombank Group’s total assets climbed by 33.1 percent in quarter one to 107.5 billion drams
Monday, May 21st, 2012Russian-owned Areximbank-Gazprombank Group said its total assets climbed by
