Real Estate
  • Home resales rise, boding well for economy

    Home resales rise, boding well for economy

    By Jason Lange, Reuters

    WASHINGTON (Reuters) - The pace of sales for existing homes in April rose to its fastest in nearly two years and a falloff in foreclosures helped cause an unexpected jump in prices, hopeful signs for...

  • Regulators, investors turn up heat over Facebook IPO

    Regulators, investors turn up heat over Facebook IPO

    By Suzanne Barlyn and Ryan Vlastelica, Reuters

    (Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter...

  • Some investors still await confirmation on Facebook orders

    By Jessica Toonkel, Reuters

    NEW YORK (Reuters) - Some customers of Fidelity Investments, Morgan Stanley and Charles Schwab are still waiting to see if their trades for Facebook shares were completed on Friday. Massive demand...

  • Morgan Stanley works on Facebook IPO orders: source

    By Jessica Toonkel, Reuters

    NEW YORK (Reuters) - Morgan Stanley's brokerage affiliate, Morgan Stanley Smith Barney, has a "large number" of market orders that were entered Friday for the trading debut of Facebook Inc stock that...

  • Facebook shares sink 11 percent as reality overtakes hype

    Facebook shares sink 11 percent as reality overtakes hype

    By Chuck Mikolajczak and John McCrank, Reuters

    (Reuters) - Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were...