Facebook Inc. flooded the market with too many shares amid its initial public offering, according to Wedbush Securities Inc. analyst Michael Pachter.
Nintendo Co. is under pressure to consider ending production of video-game machines after reporting disappointing sales of its Wii U console and forecasting a surprise loss, prompting its stock to tumble.
"There's no way to keep all the creditors happy unless Standard General steps in and takes all the debt."
- Michael Pachter on Dec 02, 2014
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