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MYB: February jobs report forecast and Facebook's facelift
Christine Romans is minding your business with the latest in U.S. stocks and world markets. With stocks consistently making gains, economists are watching to see if the momentum will continue. So far, it's still strong. Data out of Japan shows the country could be coming out of a recession, Romans says.
But all eyes are on the monthly jobs report coming out later this morning. "Economists surveyed by CNNMoney are predicting predicting 170,000 jobs added to the payrolls in February," Romans reports. "The unemployment rate expected to tick down to 7.8%." Romans says she'll be reading into how both the snowstorm in the Northeast in February and the sequester's might have affected this.
Attention is also on Facebook's upcoming facelift. The company is rolling out new features and an update on Facebook's newsfeed that is supposed to reduce clutter, Romans says. "We're told there's a backlog for the upgrade," she reports.
Could Facebook shares tank today? Poppy Harlow on why the end of a 'lockup' period could sink the stock price
Poppy Harlow explains why 270 million Facebook shares can be sold after a lockup period, which could sink its stock price.
MYB: Facebook fiasco continues to grow
The New York Stock Exchange is courting Facebook, hoping to convince the social network to leave NASDAQ after a rocky public start.
According to the Wall Street Journal, the NYSE has been emailing with Facebook saying that they are better for trading because they use people, not computers.
The social network is also dealing with investor outrage, with at least three people are suing Facebook and its underwriters and accusing them of withholding information before the IPO launch.
In today's Minding Your Business, Mary Snow explains why the technical issues with NASDAQ are only the start of Facebook’s problems.
MYB: Rough start for Facebook stock
In today's "Minding Your Business," Christine Romans explains that it's been a disappointing start for Facebook's IPO investors.
The company's stock has gone down 19% since the IPO launched last week, and yesterday alone, the stock dropped 11% despite the fact that most other stocks were up.
Romans explains that for every dollar lost in the stock price, Facebook CEO Mark Zuckerberg loses about $534 million dollars.
MYB: What can investors expect from Facebook stock this week?
Christine Romans breaks down Facebook’s first day as a public company and explains what investors can expect from the stock this week in today's Minding Your Business.
If you were up early enough to catch the show, you were probably happy to hear Christine’s one thing you need to know today: coffee prices are lower!
It’s been a year of high prices but today, the companies that own brands like Maxwell House, Folgers and Dunkin Donuts are announcing that their coffee will be selling for 4-6 percent lower at retail stores.
Ali Velshi explains how to buy Facebook stock
Ali Velshi details how anyone can buy shares of Facebook by Friday's IPO.
Facebook 'roadshow' begins today
Christine Romans previews how Facebook will be courting potential stock buyers before it's IPO.
