Alden Hosting provides professional, efficient, and reliable business-class Web hosting services to small- and medium-sized businesses.
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Regulators probe bank's role in Facebook IPORegulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.The numbers on the Facebook earnings revisionsSAN FRANCISCO (Reuters) - Four of Facebook's major underwriters -- Morgan Stanley, Goldman Sachs, JPMorgan and Bank of America -- reduced their financial estimates for the soon-to-be-public company following the release of a revised prospectus on May 9 that noted the negative impact of mobile users on Facebook's business. While Facebook did not provide any specifics in its amended S-1 filing, the four underwriters reduced their earnings and revenue estimates for both the second quarter of 2012 and the full year within the next two days, according to sources. ...SEC, FINRA to review Facebook issues, Nasdaq sued
Nasdaq admits put wrong fix for Facebook IPO glitchNEW YORK (Reuters) - Nasdaq OMX Group Inc admitted in a call with its member brokerage firms on Tuesday that it put the wrong fix for a technical glitch related to Facebook's IPO in place on Friday, which led to trading disruptions for much of the day. Nasdaq believed it had the correct solution to fix the problem that delayed trading in the stock for thirty minutes, Eric Noll, Nasdaq's head of transaction services, said in a statement to Reuters. ...Morgan Stanley defends Facebook IPO procedures(Reuters) - Morgan Stanley said its procedures for the Facebook Inc's initial public offering were "in compliance with all applicable regulations." "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs," spokesman Pen Pendleton said in a statement. "These procedures are in compliance with all applicable regulations. ...Analysis: Did banks cross the line in Facebook research calls?NEW YORK (Reuters) - As regulators scrutinize Facebook's problem-plagued stock market debut, they may have to confront areas of securities law that do not always clearly spell out what industry analysts are allowed to tell clients about companies on the verge of going public. Facebook and the Wall Street banks that underwrote its $16 billion initial public offering are facing questions about how and why stock analysts decided to cut their financial forecasts on the company ahead of the IPO. ...Facebook settles lawsuit over "Sponsored Stories"SAN FRANCISCO (Reuters) - Facebook Inc has agreed to settle a lawsuit that alleged the site's "Sponsored Stories" feature publicized users' "likes" without compensation or the ability to opt out, according to a court document filed on Tuesday. The proposed class action lawsuit, filed in a San Jose, California federal court, could have included nearly one of every three Americans, with billions of dollars in damages, court documents say. The terms of the settlement are not spelled out in court filings. ...Nasdaq shareholders mum on Facebook IPONEW YORK (Reuters) - Not a single shareholder asked a question at Nasdaq OMX's annual meeting on Tuesday, just days after the exchange operator bungled Facebook's widely anticipated market debut, which helped launch the new stock into a three-day slide. When Nasdaq Chairman H. Furlong Baldwin called for questions at the Tuesday morning meeting in New York, he got eight seconds of silence. Technical glitches marred Facebook's IPO on Nasdaq's exchange on Friday, delaying the social networking giant's market debut by 30 minutes and delaying order confirmations for hours afterward. The U.S. ...Facebook IPO shows galactic divide between investorsNEW YORK (Reuters) - It's no surprise to anyone that big investors get preferential treatment on Wall Street. Investors expressed disappointment, skepticism and even shock on Tuesday after learning that an analyst at lead underwriter Morgan Stanley cut his Facebook revenue forecasts in the days before the company's initial public offering - information that apparently did not reach small investors before the stock went public and subsequently tumbled. The divide between the research and retail arms of big Wall Street firms has always been deep. ...Exclusive: Massachusetts subpoenas Morgan Stanley for FacebookNEW YORK (Reuters) - Massachusetts Secretary of Commonwealth William Galvin has issued a subpoena to Morgan Stanley over an analyst's discussions with investors on Facebook "The Securities Division has put out a subpoena to Morgan Stanley in connection with the analyst's discussion with certain institutional investors about the revenue prospects for Facebook," a spokesman for Galvin's office said on Tuesday. "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs. ...Funds with Facebook hammered as proxy by shorts(Reuters) - Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week. Firsthand Technology Value Fund and GSV Capital Corp, two closed-end funds that bought shares of the social media company before the IPO, have taken a beating, used as proxies for betting against Facebook. "Until investors can actually short Facebook, they have to keep shorting things that can give them some sort of proxy for Facebook," said Thomas Vandeventer, manager of the Tocqueville Opportunity Fund, which owns shares in both closed-end funds. ...Underwriters blasted as Facebook shares sink again
What Went Wrong With Facebook's IPO?Facebook's initial public offering is off to a less than spectacular start, to put it generously. The stock closed at $31 on its third day Tuesday, down 18% from its initial offer price of $38, which valued the company just above $100 billion.Insight: Morgan Stanley cut Facebook estimates just before IPO
Nasdaq shareholders mum on Facebook IPO
Facebook IPO shows galactic divide between investorsNEW YORK (Reuters) - It's no surprise to anyone that big investors get preferential treatment on Wall Street. Investors expressed disappointment, skepticism and even shock on Tuesday after learning that an analyst at lead underwriter Morgan Stanley cut his Facebook revenue forecasts in the days before the company's initial public offering - information that apparently did not reach small investors before the stock went public and subsequently tumbled. The divide between the research and retail arms of big Wall Street firms has always been deep. ...Facebook settles lawsuit over "Sponsored Stories"SAN FRANCISCO (Reuters) - Facebook Inc has agreed to settle a lawsuit that alleged the site's "Sponsored Stories" feature publicized users' "likes" without compensation or the ability to opt out, according to a court document filed on Tuesday. The proposed class action lawsuit, filed in a San Jose, California federal court, could have included nearly one of every three Americans, with billions of dollars in damages, court documents say. The terms of the settlement are not spelled out in court filings. ...Mass. subpoenas Morgan Stanley in Facebook caseMassachusetts' top securities regulator has subpoenaed Morgan Stanley related to allegations that it gave some clients negative information about Facebook before last week's initial public offering.Exclusive: Massachusetts subpoenas Morgan Stanley for FacebookNEW YORK (Reuters) - Massachusetts Secretary of Commonwealth William Galvin has issued a subpoena to Morgan Stanley over an analyst's discussions with investors on Facebook "The Securities Division has put out a subpoena to Morgan Stanley in connection with the analyst's discussion with certain institutional investors about the revenue prospects for Facebook," a spokesman for Galvin's office said on Tuesday. "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs. ...Why Facebook still doesn't look cheap
Morgan Stanley defends Facebook IPO procedures(Reuters) - Morgan Stanley said its procedures for the Facebook Inc's initial public offering were "in compliance with all applicable regulations." "Morgan Stanley followed the same procedures for the Facebook offering that it follows for all IPOs," spokesman Pen Pendleton said in a statement. "These procedures are in compliance with all applicable regulations. ...Key stats of Facebook, Apple, GoogleKey financial statistics for Facebook, Apple and Google. Projections for 2012 are among analysts surveyed by FactSet. Price-to-earnings ratios are based on Tuesday's close.Facebook looks to settle 'sponsored story' suitFacebook is close to settling a lawsuit over advertisements it calls "sponsored stories."Prices of Facebook stock since long-awaited IPOFacebook Inc. began trading publicly on Friday following one of the most anticipated stock offerings in history. The initial public offering of stock priced at $38 on Thursday. It was at the top end of a projected range that Facebook had already increased just days earlier.Funds with Facebook hammered as proxy by shorts(Reuters) - Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week. Firsthand Technology Value Fund and GSV Capital Corp, two closed-end funds that bought shares of the social media company before the IPO, have taken a beating, used as proxies for betting against Facebook. "Until investors can actually short Facebook, they have to keep shorting things that can give them some sort of proxy for Facebook," said Thomas Vandeventer, manager of the Tocqueville Opportunity Fund, which owns shares in both closed-end funds. ...SEC, FINRA to review Facebook issues, Nasdaq sued
LA designer says Facebook bride wore her dress
Prolonged Facebook slide could hurt Calif budgetCalifornia's budget could take a hit if Facebook's stock price keeps sliding.Wall Street struggles to find Facebook's worthNEW YORK (Reuters) - In its three days of trading, Facebook's stock has dropped 18 percent from its $38 issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings prospects suggests it could get a lot worse - more like $10 a share. Setting aside the hype and the cultural phenomenon that is the online networking site, Facebook Inc would be fairly priced at $9.59, according to the smattering of Wall Street estimates analyzed and modeled by Thomson Reuters StarMine. ...Investor sues Nasdaq, alleges Facebook IPO bungled(Reuters) - Nasdaq OMX Group Inc has been sued by an investor who claimed the exchange operator was negligent in handling orders for Facebook Inc shares following its initial public offering, causing losses for investors. Phillip Goldberg, a Maryland resident, is seeking class-action status on behalf of all investors who lost money because Nasdaq delayed or otherwise mishandled their buy, sell or cancellation orders for Facebook stock on May 18, the day the social networking giant went public. ...SEC head says Facebook IPO issues should be reviewed
Calif. worries Facebook could lead to stock slumpCalifornia's budget could take a hit if Facebook's stock price keeps sliding.Prolonged Facebook slide could hurt CaliforniaCalifornia's budget could take a hit if Facebook Inc.'s stock price continues to slide.Olympics Venues Hit FoursquareFoursquare users can now check-in to Olympics venues around the world -- and potentially win a trip to the 2012 London Games by doing so.Facebook stock down on third trading dayFacebook’s stock opened Tuesday at $32.59 per share, down on its third trading day from its $45 high on Friday, the first day of its rocky entry into the stock market.Morgan Stanley Facing Investigation Over Pre-IPO Downgrade of Facebook
Follow the Kentucky and Arkansas Primaries on Social MediaMitt Romney still hasn't crossed the threshold to have locked up the Republican nomination for president, even though he's more than 800 delegates ahead of his nearest rival, Ron Paul. Thus, the primaries continue on. Tuesday night is election night in Kentucky and Arkansas -- and social media will be ablaze with tweets, twitpics and video from the night's voting action.Facebook IPO Fallout: Four Lessons from a Rocky Public DebutFacebook shares fell 11% Monday, after Morgan Stanley and other Wall Street banks ceased propping up the social network's stock at Friday's $38 offering price. Although the IPO was a big success for Facebook and its early investors and insiders -- who sold $9 billion worth of shares they'd acquired at lower prices -- the offering was a disappointment for many investors who clambered to get a piece of the most-hyped IPO in nearly a decade. The IPO also revealed significant problems at the Nasdaq stock exchange, turning what should have been a triumphant offering into an embarrassing debacle. ...Exclusive: Regulators may review Morgan Stanley-Facebook allegationsNEW YORK (Reuters) - The Financial Industry Regulatory Authority's chairman said on Tuesday that regulators plan to review allegations that Morgan Stanley shared negative news before Facebook's initial public offering with institutional investors. "The allegations, if true, are a matter of regulatory concern" to FINRA and SEC, Ketchum told Reuters. (Edited by Walden Siew)Who's to blame for Facebook's stock debacle?The social network's celebratory debut on Wall Street has given way to a plunging share price and bitter recriminations |
Alden Hosting offers private JVM (Java Virtual Machine), Java Server Pages (JSP), Servlets, and Servlets Manager with our Web Hosting Plans WEB 4 PLAN and WEB 5 PLAN , WEB 6 PLAN .
At Alden Hosting we eat and breathe Java! We are the industry leader in providing affordable, quality and efficient Java web hosting in the shared hosting marketplace. All our sites run on our Java hosing platform configured for optimum performance using Java 1.6, Tomcat 6, MySQL 5, Apache 2.2 and web application frameworks such as Struts, Hibernate, Cocoon, Ant, etc.
We offer only one type of Java hosting - Private Tomcat. Hosting accounts on the Private Tomcat environment get their very own Tomcat server. You can start and re-start your entire Tomcat server yourself.
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![FILE - In this May 18, 2012 file photo provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the Nasdaq opening bell from Facebook headquarters in Menlo Park, Calif. Robert Greifeld, second from right, CEO of the Nasdaq-OMX Stock Market, Inc., said Sunday, May 20, the stock exchange is "humbly embarrassed" by its bungling of Facebook's debut. Facebook's stock was expected to start trading at 11 a.m. Friday, but didn't open until 11:32 a.m., and some investors didn't learn for hours whether their orders went through. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)](http://l3.yimg.com/bt/api/res/1.2/eMDJivgMrXzWERVqCgsYGA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/954419c44b03440e100f6a706700ad09.jpg "FILE - In this May 18, 2012 file photo provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the Nasdaq opening bell from Facebook headquarters in Menlo Park, Calif. Robert Greifeld, second from right, CEO of the Nasdaq-OMX Stock Market, Inc., said Sunday, May 20, the stock exchange is "humbly embarrassed" by its bungling of Facebook's debut. Facebook's stock was expected to start trading at 11 a.m. Friday, but didn't open until 11:32 a.m., and some investors didn't learn for hours whether their orders went through. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)")
![This photo provided by Facebook and released on Tuesday, May 22, 2012, shows Facebook founder and CEO Mark Zuckerberg and Priscilla Chan at their wedding ceremony in Palo Alto, Calif., Saturday, May 19, 2012. Zuckerberg updated his status to "married" on Saturday. The ceremony took place in Zuckerberg's backyard before fewer than 100 guests, who all thought they were there to celebrate Chan's graduation. (AP Photo/Facebook, Noah Kalina Photography)](http://l3.yimg.com/bt/api/res/1.2/0yHk_wBUMB15Wjzq6RSekw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/581f199e6621620e100f6a706700c79b.jpg "This photo provided by Facebook and released on Tuesday, May 22, 2012, shows Facebook founder and CEO Mark Zuckerberg and Priscilla Chan at their wedding ceremony in Palo Alto, Calif., Saturday, May 19, 2012. Zuckerberg updated his status to "married" on Saturday. The ceremony took place in Zuckerberg's backyard before fewer than 100 guests, who all thought they were there to celebrate Chan's graduation. (AP Photo/Facebook, Noah Kalina Photography)")
