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Facebook's stock debut shows not all investors are equal
NEW YORK —Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works — and...
Wall Street scores weekly gains, but sags for the day
NEW YORK (Reuters) - U.S. stocks ended their first positive week in four with a down day on Friday as investors were reluctant to buy going into a long weekend, with uncertainty still swirling...
U.S. banking industry posts highest quarterly profit since 2007
WASHINGTON -- The U.S. banking industry posted a $35.3-billion profit in the first quarter of the year, its best performance since 2007, the Federal Deposit Insurance Corp. said Thursday.
Facebook market makers' losses at least $100 million
(Reuters) - 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...
