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August 07, 2012 1:18 am
Nasdaq-listed IT firm Cognizant on Monday recorded revenues of $1.795 billion in the April-June quarter,up 20.9 per cent year-on-year,edging past Infosys to become Indias second-largest software firm
August 04, 2012 1:36 am
Knight suffered $440 million loss in just 45 minutes
June 10, 2012 1:10 am
Swiss bank UBS faced losses to the tune of $350 million because of the software glitch during the Facebook IPO at Nasdaq,and is now a preparing legal action against the exchange,a media report has said
June 09, 2012 5:43 pm
The report noted that the loss incurred by UBS is ten times more than the USD 30 million.
June 09, 2012 10:30 am
Swiss bank UBS may have lost as much as $350 million due to Facebook Inc's flawed initial public offering.
June 07, 2012 1:00 am
Nasdaq OMX Group Inc said it will offer cash and rebates totaling $40 million to compensate clients affected by the problems with Facebook Incs initial public offering.
May 26, 2012 5:04 pm
A lack of communication and,some say,misinformation from Nasdaq may have been central to failed debut of Facebook's shares.
May 25, 2012 5:28 pm
The exchange operator is facing lawsuits from investors and threats of legal action from brokers.
May 21, 2012 8:59 pm
Facebook's stock is tumbling below its $38 IPO price in social network's 2nd day of trading.
May 20, 2012 12:38 am
Friday should have been Facebooks day to shine and Nasdaqs as well.