mardi 22 mai 2012

Shares of Facebook Inc. (NYSE: FB) traded down nearly -7.5% in pre-market action this morning and opened down at $32.59 after closing at $34.03 last night. The stock is down about -26% below its IPO price of $38. Investors are searching for someone to blame and there are plenty of suspects.The Nasdaq OMX Group Inc. gets the nod from some for the exchange’s inability to handle the volume of trades when the stock first began trading. Lead underwriter Morgan Stanley  gets its share of harsh words too. Even General Motors Co. gets in line for some blame after cancelling its Facebook advertising deal. And non-stop coverage of the IPO surely could have given one the impression that this was the deal of the century.


But if you bought the stock, the real bad guy is looking back at you from your mirror. We tried to warn you.

payment processing

 A data breach at Global Payments Inc. might have exposed more credit- and debit-card accounts to fraud than previously estimated, according to people familiar with the matter.
At least seven million card accounts are now considered potentially vulnerable, these people said. The increase largely reflects new information that shows thieves could have had access to customer data since last spring.
Si Global payments a des problèmes de confiance...les cie alternatives vont en profiter...'genre" 
NPC, a Vantiv (VNTV) subsidiary, is pleased to announce that it has recently signed a new long term preferred provider Independent Sales Organization contract with Strategic Payment Systems for the provision of debit and credit card processing services to merchants. NPC additionally arranged long term financing for SPS. 

theflyonthewall.com