video transcript

Facebook expects to raise $12 billion with its initial public offering. The world's largest social network will dwarf other tech IPOs like Google's and give it a market value close to Amazon.com A lackluster first day of trading for Carlyle Group after raising an unimpressive $671 million in its IPO. Jonathan Marino, editor of PEHub, says Carlyle is likely to underperform like rivals KKR & Blackstone, so he suggests holding off on buying shares. SOUNDBITE: JONATHAN MARINO, EDITOR, PEHUB (ENGLISH) SAYING: "We don't really know whether we are going to see any kind of increase to the capital or rather the carry-interest tax rate. On top of that private equity firms also face specific risks in the lending market impacting their ability to draw revenue which will really spook investors." Sales were way off the mark for Green Mountain Coffee. The maker of Keurig coffee brewers and K-Cup singles badly missed sales estimates and slashed its full-year forecast. Shares plummeted 48 percent. Mixed signals from the US economy a day ahead of the monthly jobs report. Growth in the huge services sector pulled back in April, suggesting the economy may be cooling. And while the number of Americans filing for unemployment benefits tumbled last week - the big picture on the labor market comes Friday with the April jobs report. Last month turned weak for U-S retailers. An early Easter shifted sales to March and cooler weather put a chill on sales of spring items. Same-store sales rose 0.8 percent in April compared to 4.3 percent in March. U.S. stocks fell for a 2nd day on concerns over U.S. economic data and flare-ups in the euro zone's debt crisis. Crude oil fell 2.5 percent in New York after OPEC said it will produce more oil to weaken prices. The same economic concerns weighted on European stocks. They erased gains to end broadly flat. Carmen Roberts. Reuters