Investment veteran Jim Rogers has spoken out against the US dollar, describing the perceived safe haven as "terribly flawed".
Shares in Facebook tumbled to a new low overnight in the latest low point in one of the worst ever IPOs.
Wall Street opened lower today, joining a global equity slump triggered by mounting concerns over Greece's future in the eurozone.
Massachusetts Secretary of Commonwealth William Galvin has reportedly issued Morgan Stanley with a subpoena as part of an investigation into Facebook's IPO, while two investors are taking legal action against Facebook, Nasdaq and Morgan Stanley following...
US regulators may review Facebook's disclosure process prior to last week's float, after claims some investors got favourable access to new information.
Facebook shares fell another 8% on its third day of trading on the Nasdaq after the stock closed 11% lower on Monday.
Ahead of Facebook's $16bn IPO, Morgan Stanley, the lead underwriter on the deal, reduced its revenue forecasts for the social network, Reuters reports.
Shares in newly-floated social media giant Facebook dived over 13% today as investors sold off stock following what had been one of the most anticipated IPOs in recent years.
Facebook became one of the 25 largest companies in the US overnight after pricing its initial public offering (IPO) at $38.
The long-awaited Facebook IPO will finally be priced tonight, ending months of speculation, but should investors be moving to back the technology giant?