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U.S. Morning Call: NYSE looking to list Facebook-source

Thursday, May 24, 2012 - 02:05

May 24 - A source tells Reuters the New York Stock Exchange opened discussions with Facebook about a potential stock listing.

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FaceBook probes and profit could find new home class. Blackberry windows here's your morning call this Thursday. Us source telling Reuters the New York Stock Exchange opened discussions with FaceBook about a potential. Stock listing there the largest US exchange later denied it was discussing a full listing transfer -- company. The report comes shareholders congress the state of Massachusetts. And more are suing are looking into social network -- underwriters. And the NASDAQ. Electronic trading services firm -- capital saying it is considering its legal options. It foresees a thirty to 35 million dollar loss related. The IPO. We'll FaceBook shares look like they could rise for the second straight day they are up about 2% premarket that's still well below the offer price. While many have lost money on the on the Wall Street Journal reports Morgan Stanley and other underwriters have made a profit. About a hundred million dollars stabilizing FaceBook shares since their Friday debut. Hewlett-Packard. Is no doubt at least not the technology analysts. Some of them are raising their price targets on the Dow component following its earnings report Wednesday. Nellie did that for Dell after its results earlier this week HP posting at 31% decline in profit but confirming reports. A significant layoffs 27000. As a way to save millions. The earnings topped expectations. Shares are soaring in the premarket after nearly 10%. Talk about bad timing of Research in Motion says its head of global sales has resigned to take job. In another industry that departure comes ahead of make or break product launches later this year. Blackberry maker struggling to stay relevant as iphones and android phones have taken over. -- mobile market. They share as well it has not been a pretty picture. Over the past year. Other facts and watch today it Tiffany the luxury retailer of lowering its fiscal year sales and profit forecast this morning citing slowing economic growth. And Tosca which posted higher profit on the rise in sales shares rising in the premarket. That's -- the Thursday John Rogers this is Reuters Insider.

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U.S. Morning Call: NYSE looking to list Facebook-source

Thursday, May 24, 2012 - 02:05