Posts Tagged ‘United States’
Financial Market Fears Overwhelm Facebook IPO Optimism
The volatility surrounding initial public offerings (IPO) is notorious; but when large companies come into the market, there is often a draw of fresh capital to get a piece of the action.
How Did the Original J.P. Morgan Do It?
The United States emerged as the world’s leading industrial nation between the Civil War and the First World War. The towering heights of American capital were dominated by a handful of investment banks, with the most prestigious firm being J.P. Morgan & Co.
UPDATE 1-Dynavax sinks on discounted offering, CEO exit
Wed May 9, 2012 11:13am EDT May 9 (Reuters) – Shares of Dynavax Technologies Corp , which priced its public offering at a steep discount, fell as much as 22 percent a day after the biopharmaceutical company said its chief executive intends to step down. Dynavax priced its public offering of 17.5 million shares at $4.25 each, a 17 percent discount to Tuesday’s close, and said it plans to use the net proceeds for the anticipated launch of its experimental hepatitis B vaccine.
Economix Blog: Nancy Folbre: Incentive Perversity
Nancy Folbre is an economics professor at the University of Massachusetts , Amherst.
Job Numbers Become Instant Campaign Fodder
WASHINGTON — Mitt Romney responded to Friday’s weaker-than-expected job numbers with a sweeping denunciation, declaring it a “terrible and very disappointing report” — evidence of an economy that is “slowing down, not speeding up.” President Obama, in Virginia, and Mitt Romney, in Pittsburgh, offered opinions about the jobless report and the economy. President Obama responded by telling high school seniors in Virginia that he would push Congress to take action on some “common sense ideas,” like not raising the borrowing rates for student loans . The disparity in those reactions speaks not only to the natural differences between incumbent and challenger, but also to the very different ways in which Mr.
