Wall Street

Former US Treasury Secretary Timothy Geithner joins Warburg Pincus

Former US Treasury Secretary Timothy Geithner will be joining global private equity firm Warburg Pincus LLC in March. Geithner became notable for his role during the US financial crisis.

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Twitter's IPO is an indicator for future startups

Both Wall Street and Silicon Valley await how the market responds to Twitter's IPO.

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Mobile advertising key to Facebook's continued favor with Wall Street- report

Mobile advertising revenues would play a huge role in Facebook's continued favor with investors, a Reuters report said.

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Wall Street firms may disappoint bankers on bonuses

Bankers might be disappointed with Wall Street as firms would be setting aside more money for investors.

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Tweeter trading symbol changed to avoid Twitter mix-up

Tweeter Home Entertainment Group was assigned a new trading symbol to avoid investor confusion when Twitter Inc. would start its public offering debut.

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Wall Street falls after no move to resolve US shutdown

US stocks fell that marked an extended two weeks of losses following the partial shutdown of the US government over budget issues, said a Reuters report.

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Wall Street declines as US government shutdown looms

Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.

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Manufactured US goods barely increased, fiscal uncertainty reflected

Orders for US manufactured goods declined in August which showed a possible sign of companies holding back their investments due to uncertainties in US government spending.

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Shadow banking precursor to another 'Lehman Weekend'

The 'Lehman Weekend' was the height of the financial crisis five years ago and may be repeated if 'shadow banking' would be allowed to continue without regulatory action.

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Banks face day of weighing up commodities after Goldman’s oil burned

181,000 gallons of asphalt that belonged to Goldman Sachs was burned after an explosion occurred at Elk Grove refinery.

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Facebook shares hit USD45 for first time since last year's debut

Facebook Inc. stock had reached another milestone following a rocky debut on Wall Street last year.

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One Apple stock is a better buy than a USD500 iPad - analysts

Analysts suggested a share in Apple worth nearly USD500 is a better buy than the company's USD500 iPad.

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Valuing BlackBerry is impossible right now - analysts

According to analysts, valuing BlackBerry right now is impossible considering the company's struggles.

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Facebook's US$38 per share is overpriced - investors

Investors examined Facebook's price to earnings ratio and found that US$38 each share was overvalued.

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ServiceNow CEO says they don't have many rivals

ServiceNow's CEO said the company continued to grow because they don't have many rivals.

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