Four market markers involved in the Facebook (NASDAQ: FB) IPO lose $100 million combined. (Reuters)
EU concerns push the euro to close to a two-year low. (Reuters)
Goldman Sachs (NYSE: GS) will invest $40 billion into alternative energy in the next decade. (Reuters)
TV networks battle with Dish Network (NASDAQ: DISH) over a DVR that can skip ads. (Reuters)
Apple (NASDAQ: AAPL) CEO Tim Cook gives up $75 million in dividends on his stock holdings. (Reuters)
Warren Buffett’s Berkshire Hathaway (NYSE: BRK-B) may buy more newspapers. (Reuters)
Goldman Sachs and Morgan Stanley (NYSE: MS) loan shares to short sellers who want to hedge Facebook’s stock. (WSJ)
U.S. bank lending falls in the first quarter, a possible sign of economic slowing. (WSJ)
Toyota (NYSE: TM) will push further into emerging markets. (WSJ)
Comcast’s (NASDAQ: CMCSA) NBCUniversal division may buyout Microsoft’s (NASDAQ: MSFT) part ownership in MSNBC.com. (WSJ)
Japanese power companies invest in U.S. shale gas to help replace nuclear power. (WSJ)
Yahoo! (NASDAQ: YHOO) releases an Internet browser call Axis, which will compete with Google’s (NASDAQ: GOOG) product. (WSJ)
Spain is concerned about a run on its banks. (NYT)
Large European institutional funds begin to sell euro assets. (FT)
Italian Prime Minister Mario Monti says most leaders in the region back regionwide bonds. (Bloomberg)
Douglas A. McIntyre
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.