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U.S. Morning Call: Facebook faces second day on Nasdaq

Sunday, May 20, 2012 - 02:39

May 21 - A look at Morgan Stanley's support for Facebook IPO, as it prepares for a second day of trading.

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Tech struggles and tech deals usually call this Monday. How long the Morgan Stanley support FaceBook a source says the lead IPO underwriters stepped in to keep the stock above the 38 dollar IPO price Friday. Once hedge fund manager calling it -- her alien accurate. It is about the level in the premarket as well but I PO experts say the support will run out at some point this week. Also short sellers come into the market sand prime broker one of the lead underwriters saying it was start lending shares probably. I midweek. But they still digging -- not great for shareholders or the NASDAQ the Wall Street Journal reporting. It's changed plans to revamp its system for handling stock offerings after the problem with a few lines. NASDAQ CEO Robert -- felt was all smiles -- next Mark Zuckerberg at the opening bell ceremony went off without a hitch from FaceBook headquarters. The shares and started trading about forty minutes later than planned I felt that there was a malfunction in the trading systems design process thing. Order cancellations. Mark Zuckerberg may have been smiling for another reason he had a big secret. He wed longtime girlfriend Priscilla -- in a surprise ceremony over the weekend. Yes believe they were attending a party to celebrate her graduation from medical school. A spokesperson declined to say if they have pre nuptial agreement. Divorce lawyers called the marriage good timing and the value of Zuckerberg assets are much clear now. An olive branch from the European Union to Google the EU's antitrust chief offering the search giant a chance to settle an investigation into allegations of anticompetitive behavior. The European Commission launched a probe into Google in November 20 and after rivals. Including Microsoft accused the company of manipulating search results wants proposals from Google in a matter of weeks. Google shares moving higher in the premarket. Tin cup meet je son shield that CEOs apple and Samsung getting together today for mediation session and San Francisco. The company is embroiled in bitter patent litigation. Apple has accused Samsung of lavishly topping iPhone and iPad through products that run on Google and -- operating system. And Samsung has countersued on claims that apple ranged -- with the -- hoping they can settle the case. And Yahoo! has finally reached a deal with -- it will -- happens 40% stake and the Chinese company for seven point one billion dollars. The deal brings Jack -- company closer. It's that he shares rising sharply in the premarket. As -- all this Monday I'm Jen Rogers this. Is writers at her.

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U.S. Morning Call: Facebook faces second day on Nasdaq

Sunday, May 20, 2012 - 02:39