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Stock Market & Financial Investment News

News Breaks
January 31, 2013
07:13 EDTFBFacebook investments likely to produce higher long-term growth, says Cantor
After Facebook reported stronger than expected Q4 results, Cantor thinks the company's investments this year are likely to lower profitability in the short-term but produce higher long-term growth. The firm raised its price target on the shares to $35 from $33 and maintains a Buy rating.
News For FB From The Last 14 Days
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May 24, 2013
07:49 EDTFBRumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link
07:44 EDTFBFacebook delays release of HTC First phone in Europe, FT reports
Facebook delayed release of its customized Android phone in Europe, following negative customer feedback in the U.S., reports the Financial Times. The new HTC First was released in the U.S. last month.Reference Link
07:20 EDTFBFacebook may face bidding war with Google for Waze, Bloomberg says
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May 23, 2013
09:02 EDTFBFacebook slips lower, breaks $25 threshold
The stock is down 1.5% in the pre-market to $24.77, breaking the psychologically important $25 support level. This move puts the shares at 3-month lows. At current price, next support is at $23.88, the 6-month low. Resistance is at $25.65.
May 22, 2013
14:27 EDTFBcomScore says Google Sites lead April U.S. online video rankings
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10:37 EDTFBPandora extends Facebook partnership with timeline App
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08:58 EDTFBFacebook management to meet with Deutsche Bank
Meeting to be held in New York on May 22 hosted by Deutsche Bank.
May 20, 2013
10:52 EDTFBFacebook near session lows, levels to watch
The stock is drifting lower today, nearing session lows at $25.73. At that price, next support is at $25.33, the 1-month low. Resistance is at $26.25.
07:00 EDTFBNew Facebook projects probably won't bear fruit soon, AllThingsD says
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May 19, 2013
17:10 EDTFBFacebook's Waze deal being held up by move from Israel, NY Post says
Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link
May 17, 2013
06:51 EDTFBFacebook volatility at low end of historic range
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06:36 EDTFBGoogle to add new apps to Google Glass, NY Times says
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May 16, 2013
05:59 EDTFBHigh tech firms involved in immigration battle, WSJ reports
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05:57 EDTFBFacebook implied volatility at lower end of index mean range
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May 15, 2013
17:46 EDTFBSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
05:59 EDTFBCorporate boards recruit newcomers with digital knowledge, WSJ reports
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May 14, 2013
17:48 EDTFBLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
06:07 EDTFBAT&T may drop HTC Facebook phone, Bloomberg reports
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05:53 EDTFBWeb browsers are being reinvented, WSJ reports
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May 13, 2013
12:17 EDTFBFacebook's Waze deal hits snag, BGR reports
Facebook's acquisition of social navigation company Waze has hit some complications, said BGR, citing a report from the Israeli newspaper Calcalist. The main area of contention is Facebook's desire to close Waze’s Israel-based R&D center and transfer several employees to the U.S., the report said. Reference Link
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