Nasdaq OMX group will provide funds to the tune of USD 62 million to compensate clients who were disadvantaged by technical problems that arose during the Facebook IPO on May 18.

U.S. stocks finished the first half of the year with a bang as investors welcomed news that the eurozone is a step closer to solving its 30-month-long debt crisis. Now for the question: Is thi s rally

Facebook's weak stock market debut has a potential silver lining for the social media giant - some short sellers may have been scared off.

About 8.1 per cent of the 421 million shares in the initial

Facebook is set to file a motion to consolidate all shareholder lawsuits against the company and is also expected to place some blame on Nasdaq, a media report has said.

"One month after its botched

Nasdaq OMX is likely to take steps on Wednesday to compensate brokerages, such as Knight capital and Citadel that lost about $100 million on the first day of Facebook trading due to the exchange's sof

Silicon Valley stars on Wednesday argued that the mobile-focused Internet startups will shine despite the dim stock market debut by leading social network Facebook.

Facebook, which ended the trading

Facebook Inc shares slid below $29 to a new low on Tuesday as nervous investors fled the company's shares, concerned about the social network's long-term business prospects and an initial offering pri

Facebook Inc's bungled initial public offering has gone from one of the most highly anticipated stock offerings to a hot legal opportunity for lawyers on both sides of shareholder litigation.

Court b

Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems w

Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Sta