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Going public: Key developments in Facebook's IPO

Submitted by Fox First at Ten on October 23rd

By The Associated Press Facebook Inc. has had a rocky initial public offering of stock. There were trading glitches on its first day of trading and concerns since then about Facebook's revenue potential. Facebook also is facing dozens of lawsuits from disgruntled shareholders. Here's a

Obama, Romney in final sprint to Election Day

Submitted by Fox First at Ten on October 23rd

By DAVID ESPO and KEN THOMASAssociated Press DAYTON, Ohio (AP) - The endgame at hand, President Barack Obama and Republican Mitt Romney plunged into the final two weeks of an excruciatingly close race for the White House Tuesday with TV advertising nearing an astronomical $1 billion and

Obama, Romney in final sprint to Election Day

Submitted by Fox First at Ten on October 23rd

Economic upturn, auto bailout lift Dems in Midwest

Submitted by Fox First at Ten on October 23rd

By DONNA CASSATAAssociated Press SHEBOYGAN, Wis. (AP) - Republicans and Gov. Scott Walker spent months and millions of dollars on ads in the divisive recall election telling Wisconsin voters that the state is on the economic upswing - a strong dose of good news that even Mitt Romney backers

Facebook 3Q results show mobile ad growth

Submitted by Fox First at Ten on October 23rd

By BARBARA ORTUTAYAP Technology Writer NEW YORK (AP) - Facebook finally has proof that it can make money from mobile advertising. As part of Tuesday's third-quarter results, the world's biggest social media company disclosed for the first time that some 14 percent of its ad revenue came

Stocks sink as DuPont, Xerox, 3M scare investors

Submitted by Fox First at Ten on October 23rd

By CHRISTINA REXRODEAP Business Writer NEW YORK (AP) - Nobody was expecting this round of corporate financial reports to be great. But underwhelming results - particularly revenue, which offers a read on the economy - are still rattling investors. The Dow Jones industrial average plunged

Ahead of the Bell: Facebook to report 3Q results

Submitted by Fox First at Ten on October 23rd

NEW YORK (AP) - In Facebook's second quarter as a publicly traded company, the world's largest social media site is juggling the challenge of growing its advertising revenue while maintaining the loyalty of more than 1 billion users. Facebook is expected to report earnings of 11 cents per

On The Call: Yahoo CEO Marissa Mayer

Submitted by Fox First at Ten on October 23rd

By The Associated Press Yahoo Inc. is sitting on $9.4 billion in cash after selling its stake in Chinese Internet company Alibaba Group. About $5.5 billion has been earmarked for paying the tax bill on the Alibaba deal and buying back Yahoo stock to bolster its stock price and earnings per

Key events involving Yahoo and its performance

Submitted by Fox First at Ten on October 22nd

By The Associated Press Yahoo issued third-quarter results on Monday, the first period under CEO Marissa Mayer. Here are key events involving Yahoo Inc. and its performance. Nov. 17, 2008: Yahoo Inc. says co-founder Jerry Yang will step down as CEO as soon as a replacement is found. It ends a

Business Highlights

Submitted by Fox First at Ten on October 22nd

By The Associated Press ___ Russia's Rosneft buys out TNK-BP MOSCOW (AP) - Russian state-owned oil giant Rosneft strengthened its hold on the country's lucrative oil industry when it sealed a deal Monday to buy TNK-BP, the 50-50 joint venture between BP, the British energy country, and