All Posts Tagged Tag: ‘sec’

Nick Saban Responds to Texas Longhorn Rumors

Anyone who’s ever heard of Nick Saban can sum up his career in one word – victorious. It’s no secret that the Alabama Rolltide head coach is not immune to defeat. He likes to win, and prides himself on it. The ‘no-days-off, no-nonsense’ drill sergeant believes in the constitution of hard work and busting your butt on the gridiron to …

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NASDAQ Fined $10 Million For Botched Facebook IPO

To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s value tanked. Those same investors brought lawsuits against the NASDAQ and the SEC launched an investigation into the IPO. That …

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Nick Saban Called “The Devil Himself” By Florida Assistant

In the south, they take their college football incredibly seriously. In fact, it probably wouldn’t be a stretch to say that, in the geographic area that comprises the NCAA’s Southeastern Conference, the fans there enjoy college football more than the NFL, which could be seen as blasphemy in northern parts of the United States. Whatever your feelings are about the …

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Here’s Netflix CEO Reed Hastings Already Making Use of the New Social Media Disclosure Rules

Just a day after Netflix told investors that they would regularly use their various social media accounts to disclose material information, even mentioning CEO Reed Hasting’s Facebook account specifically, Hastings has done just that. In a Facebook post, Hastings announced that Netflix users have streamed 4 billion hour in the past 3 months. Of course, he would probably argue that …

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Netflix Says They Will Disclose Investor Info on Social Media Following SEC Ruling

A week after the Securities and Exchange Commission clarified its rules to allow for public companies to use social media outlets to announce key company information, Netflix has already decided to take advantage of it and make it official. On Wednesday, Netflix told investors via a regulatory filing that it plans to disclose material investor information via social media channels. …

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Companies Can Announce Important Info on Social Media, Rules SEC After Reed Hastings Investigation

The Securities and Exchange Commission has clarified its rules on Regulation Fair Disclosure, saying that public companies can use social media outlets like Facebook or Twitter to announce key company information – just so long as the investors are made aware which social media accounts may be posting such information beforehand. “The SEC’s report of investigation confirms that Regulation FD …

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Reed Hastings Challenges SEC on Netflix-Related Facebook Posts

Netflix CEO Reed Hastings absolutely thinks that social media is a “public” enough forum to house statements from companies to investors. He says that he’s “not going to back down” and that he would continue to post information about his company on Facebook. Hastings and Netflix ran afoul of the SEC back in December over a post made last summer …

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Netflix in Trouble with SEC Over Reed Hastings’ Facebook Posts

Netflix and CEO Reed Hastings are in hot water with the Securities and Exchange Commission due to a series of Facebook posts that the SEC says may have violated Regulation Fair Disclosure. Earlier this summer, Hastings publicly posted some stats about the company – mainly that Netflix was currently providing users with almost one billion hours of entertainment a month. …

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SEC Investigates Nasdaq and NYSE After Facebook IPO Breakdown

The Securities and Exchange Commission (SEC) isn’t buying that Nasdaq’s much publicized computer glitch on the opening day of Facebook’s IPO was the root cause for all the confusion. In fact, they have seen a couple other cases of so called, trading communication breakdowns coming from the NYSE, and now they want answers. According to Nasdaq, they rewrote some computer …

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Facebook Stocks Finds New Low at $25.75

It seems like everyday marks a new low for the folks over at Facebook. Today, stock prices slipped below the $26 mark to $25.75. Considering shares started out at $38, I would say the IPO has lost almost all of its momentum. But, perhaps it speaks to the climate on Wall Street overall. Groupon also experienced record low stock prices …

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Facebook IPO Pushes Investors off the Stock Market

Sometimes something is just a bad investment, and as time goes on, the shares you purchased in the company just lose more and more value. At other times, as with the Facebook IPO, it is clear that you were swindled. When a big bank like Morgan Stanley suppresses a valuable forecast which they know would certainly stall trading if introduced …

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Starboard Claims AOL Loses $500 Million a Year on Display Ads

In comScore’s latest report regarding the top 50 internet properties in the U.S., AOL came in at #5, with over 110 million unique visitors during the month of April. It’s clear that AOL has maintained a steady audience regarding its collection of sites, regardless of problems with its ad content. The company did report a 5% increase in ad revenue …

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