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Facebook IPO: What went wrong?

money.cnn.com — Facebook's IPO was a mess from day one, with Nasdaq delays and trading issues. Now shareholders are suing and the stock has plunged. NEW YORK (CNNMoney) -- Facebook's breathlessly hyped IPO on Friday has turned into a huge Wall Street debacle, with lots of confusion -- and now, lawsuits -- swirling around.
Sree Sreenivasan Tech Columnist, CNET @sree
.@AliVelshi says "A quick required read if you're not entirely clear on what went wrong" w/ #FacebookIPO http://t.co/szs9hHgA
Ali Velshi Anchor and Chief Business Correspondent, CNN @AliVelshi
A quick required read if you're not entirely clear on what went wrong with the Facebook IPO http://t.co/ZrZ9oqO9
Abigail Bassett Senior Writer, CNNMoney.com, CNN @AbigailBassett
Wait...how'd the #FB IPO become such a mess? .@JulPepitone breaks it down .@CNNMoney http://t.co/hS262OUB
Maureen Farrell Markets Writer, CNNMoney.com, CNN @maureenmfarrell
Facebook/Nasdaq; what the &*(&( happened. An awesome explainer from my colleague @julpepitone http://t.co/dne2rsZu
Chris Peacock Executive Editor, CNN Money, CNN @peacockc
Facebook IPO: What the %$#! happened? http://t.co/aeHiucVC
Show 10 more tweets from David Goldman, Poppy Harlow, Stacy Cowley, Stacy Cowley, Asieh Namdar, Jennifer C. Wolfe, Paul La Monica, Lex Haris, Lex Haris, Ali Velshi

No life of luxury: Tiffany plunges

buzz.money.cnn.com — What's Holly Golightly to do? Breakfast at Tiffany's is a decidedly ugly affair Thursday morning. Shares plunged more than 7% in heavy pre-market trading after the jeweler reported earnings that missed estimates and also issued guidance for the fiscal year that was below forecasts. Is the bad news from Tiffany
Paul La Monica Writer, CNN Money, CNN @LaMonicaBuzz
No life of luxury. $TIF & $SIG hit on sales warnings. So he didn't go to Jared? Buzz blog post. $SKS $COH $JWN $NILE http://t.co/xEnSnocV

Rising stars - 1. CenturyLink (1) - FORTUNE

money.cnn.com — Fortune 500 companies who had phenomenal growth in 2011
Paul La Monica Writer, CNN Money, CNN @LaMonicaBuzz
RT @FortuneMagazine: #Fortune500's rising star companies: http://t.co/NfqEviMa

National debt: Will the U.S. be like Japan?

money.cnn.com — High national debt correlates with low growth but not always high borrowing costs, as the case of Japan shows. Fiscal experts worry that the United States could follow the same path. NEW YORK (CNNMoney) -- Political gridlock. High national debt. Rock-bottom bond rates. An aging population. Warnings about more downgrades.
Paul La Monica Writer, CNN Money, CNN @LaMonicaBuzz
RT @CNNMoney: National debt: Will the U.S. be like Japan? http://t.co/FkDSSF8a

Oil prices slide to 7-month low

money.cnn.com — Click chart to track crude oil prices. NEW YORK (CNNMoney) -- Oil prices fell below $90 a barrel for the first time in seven months Wednesday as tumult in the eurozone, excess supply and positive news out of Iran weighed on prices.
Ali Velshi Anchor and Chief Business Correspondent, CNN @AliVelshi
How low will oil go? Oil prices fell below $90 a barrel for the first time in 7 months Weds http://t.co/bKA4L81g

China's manufacturers still hurting

money.cnn.com — China's manufacturing sector continued to contract in May, according to HSBC's Flash Purchasing Managers' Index. NEW YORK (CNNMoney) -- China's manufacturing sector continued to shrink in May, according to preliminary data released Thursday. HSBC's Flash Purchasing Managers' Index fell to 48.7 in May from 49.3 the previous month.
Eunice Yoon China Correspondent, CNN @eyoonCNN
China's manufacturers still suffering. @CNNMoney: http://t.co/bxd3Lwrm

HP to cut 27,000 jobs

money.cnn.com — NEW YORK (CNNMoney) -- Hewlett-Packard announced Wednesday that it is slashing 27,000 jobs in a widely expected maneuver aimed at slimming down the struggling tech giant. The company expects the layoffs, which amount to 8% of its worldwide workforce, to save $3 billion to $3.5 billion by the end of 2014.
Julianne Pepitone Tech Writer, CNN Money, CNN @julpepitone
Oof. HP to cut 27,000 jobs http://t.co/Z08sZymK via @CNNMoneyTech, by @davidgoldmancnn $HPQ
JP Mangalindan Tech Writer-Reporter, Fortune @JPManga
HP to cut 27,000 jobs http://t.co/dnClhLrC via @CNNMoney
JP Mangalindan Tech Writer-Reporter, Fortune @JPManga
HP to cut 27,000 jobs http://t.co/dnClhLrC via @CNNMoney
David Goldman Tech Writer, CNN Money, CNN @DavidGoldmanCNN
HP announces it will cut 27,000 jobs to save up to $3.5 billion. Says it will reinvest that in R&D. http://t.co/bkuRCQQw

Outraged Facebook investors speak out

buzz.money.cnn.com — What was supposed to be a day of champagne popping and joy quickly turned into an investing nightmare for many individual investors. "I invested $500,000 and put in stops at $40.25. The stops never triggered and I didn't realize until 3:30 p.m.," wrote Paul Allen (NOT Microsoft's (MSFT)
Carl Lavin Lead Homepage Editor, CNN.com, CNN @FromCarl
Roars from the crowd RT @peacockc: Retail investor outrage over bungled Facebook IPO http://t.co/HIYjlbaH
Chris Peacock Executive Editor, CNN Money, CNN @peacockc
Retail investor outrage over bungled Facebook IPO http://t.co/urkBjbCZ
Paul La Monica Writer, CNN Money, CNN @LaMonicaBuzz
Outraged $FB investors speak out. Buzz blog post by @CNNMoneyInvest editor Catherine Tymkiw. http://t.co/YTxoCLHs

Romney: I'll get unemployment down to 6%

economy.money.cnn.com — Mitt Romney told our friends at TIME on Wednesday that he will get the unemployment rate to 6% by the end of his first term. "Over a period of four years, by virtue of the policies that we put in place, we'd get the unemployment rate down to 6%, and perhaps a little lower," Romney said.
Paul La Monica Writer, CNN Money, CNN @LaMonicaBuzz
RT @CNNMoney: Speak out - what do you think of Romney's latest promise? Romney: I'll get unemployment down to 6% http://t.co/wwEgFP7g
Lex Haris Managing Editor, CNN Money, CNN @lexharis
The math on Romney's promise to hit 6% unemployment. Either monthly job gains of 155k or 250k (depends on labor force) http://t.co/Q9hgQTBy
Charles Rriley Economics Reporter, CNN Money, CNN @CRrileyCNN
Romney: I'll get unemployment down to 6% http://t.co/3O3YsssW

Google cleared of patent violations in Android case

money.cnn.com — A jury ruled that Google did not violate Oracle's patents with its Android operating system. NEW YORK (CNNMoney) -- In one of Silicon Valley's landmark court battles, Google appears to have won a big victory over Oracle. A jury on Wednesday cleared Google of violating any of Oracle's patents with its Android mobile software.
Paul La Monica Writer, CNN Money, CNN @LaMonicaBuzz
RT @CNNMoney: Google vanquishes Oracle in Android patent fight http://t.co/bDQRHUTG $GOOG $ORCL
Julianne Pepitone Tech Writer, CNN Money, CNN @julpepitone
Google vanquishes Oracle in Android patent fight - latest drama by @davidgoldmancnn http://t.co/rBmPji0c via @CNNMoneyTech $GOOG $ORCL
David Goldman Tech Writer, CNN Money, CNN @DavidGoldmanCNN
Google vanquishes Oracle in Android patent fight http://t.co/OdSGs7dn
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