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February 22, 2013
08:23 EDTFBFacebook blocks NBC website as computer virus suspected, Reuters reports
Facebook (FB) blocked users from accessing the website following reports that the site is infected with a computer virus, reports Reuters. Reference Link
News For FB From The Last 14 Days
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April 23, 2015
14:29 EDTFBFacebook launches video ad partnership featuring Vice, The Onion, Funny or Die
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10:55 EDTFBPac Crest an outlier with bearish note on Facebook following Q1 report
After Facebook last night reported higher than expected first quarter profits but lower than expected revenue. several analysts reacted positively to the company's results, raising their price targets on the social network operator's stock. However, Pacific Crest went against the mostly bullish trend by recommending that investors avoid the stock. WHAT'S NEW: Facebook last night reported first quarter earnings per share of 42c, versus the consensus outlook of 40c. The social network operator's revenue came in below expectations, and the company said that foreign exchange trends negatively impacted its first quarter results. Facebook forecast that foreign exchange headwinds would increase this quarter. Facebook reported that it had 936M daily active users on average last month, an increase of 17% versus the same period a year earlier. Its monthly active users climbed 13% year-over-year to 1.44B in Q1. BULLISH TAKE: Adjusting for currency, Facebook's Q1 revenue would have been 3% higher than the Street's consensus outlook, Piper Jaffray analyst Gene Munster stated. The online network's "story is firmly intact" as its results are likely to be boosted by the ramping of Instagram in 2016, WhatsApp in 2017 and Oculus in 2018, the analyst stated. He kept a $92 price target and Buy rating on the shares. Also upbeat was Deutsche Bank analyst Ross Sandler, who raised his price target on the stock to $100 from $90, saying that its currency headwinds "masked" strong Q1 results. The stock will "grind higher" on new revenue streams and product announcements, predicted Sandler, who kept a Buy rating on the shares. JPMorgan analyst Doug Anmuth raised his price target on the stock to $100 from $85, saying that the company reported strong Q1 results and that it is the best positioned Internet company over the next five years. Moreover, its video ads appear to be hitting a positive turning point, added Anmuth, who kept an Overweight rating on the name. BEARISH TAKE: Facebook's price per ad appears to have declined sequentially last quarter for the first time since early 2013, wrote Pacific Crest analyst Evan Wilson. If that trend continues, its price per ad growth will decelerate significantly this year, according to the analyst. Additionally, the company's margins are contracting and its new products are unlikely to make much of an impact this year, according to Wilson, who recommended that investors choose other stocks over Facebook. PRICE ACTION: In mid-morning trading, Facebook slid 0.7% to $84 per share.
09:35 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FB PBR TWTR AA COST TSLA AMZN TXN BAC
08:27 EDTFBFacebook growth slowing, margins contracting, says Pacific Crest
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08:23 EDTFBFacebook reported solid results, says Brean Capital
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08:11 EDTFBFacebook price target raised to $94 from $84 at FBR Capital
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07:45 EDTFBFacebook price target raised to $100 from $85 at JPMorgan
JPMorgan raised its price target for Facebook shares to $100 saying the company posted strong Q1 results despite a challenging currency environment. The firm highlights Facebook's growth in organic and promoted video views as well as its better ad targeting and measurement tools. JPMorgan continues to view Facebook as the best positioned company in the internet space over the next five years. It keeps an Overweight rating on the stock.
07:28 EDTFBFacebook price target raised to $105 from $88 at RBC Capital
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07:22 EDTFBFacebook thesis strengthened, says Credit Suisse
Credit Suisse said Facebook remains a top pick for 2015 and that its in-line quarter strengthened the firm's Outperform thesis. The firm said the quarter reaffirmed its conviction that Facebook will be able to drive revenue growth without a material increase in ad loads, consensus estimates underestimate long-term monetization potential of new products, and upward bias to estimates from Offers/Local, Instagram, WhatsApp, Oculus, and others. Credit Suisse's price target on Facebook remains $106.
07:17 EDTFBFacebook price target raised to $100 from $90 at Deutsche Bank
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06:48 EDTFBFacebook reported strong Q1 results, says Cantor
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05:49 EDTFBFacebook Q1 sales a 3% beat ex-currency, says Piper Jaffray
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April 22, 2015
19:14 EDTFBOn The Fly: After Hours Movers
UP AFTER EARNINGS: Select Comfort (SCSS), up 3.3%... Alliance Fiber Optic (AFOP), up 6.9%... eBay (EBAY), up 6.2%... Cheesecake Factory (CAKE), up 5.6%... O'Reilly Automotive (ORLY), up 3.8%... Corelogic (CLGX), up 3.2%... Skechers (SKX), up 2.5%... AT&T (T), up 1.3%. ALSO HIGHER: ARRIS Group (ARRS), up 24.9% after acquiring Pace plc. for $2.1B in cash and stock... Esperion Therapeutics (ESPR), up 2.5% after being initiated with an Outperform at RBC Capital... Uniqure (QURE), up 3.7% after being initiated with an Outperform at BMO Capital. DOWN AFTER EARNINGS: Texas Instruments (TXN), down 6.7%... Las Vegas Sands (LVS), down 4.2%... Oceaneering International (OII), down 3.7%... F5 Networks (FFIV), down 2.8%... Xilinx (XLNX), down 3.3%... Qualcomm (QCOM), down 3%... Facebook (FB), down 2.2%... Tractor Supply (TSCO), down 3.1%. ALSO LOWER: Noble Corp (NE), down 1.2% after being downgraded to Underweight from Equal Weight at Morgan Stanley.
17:32 EDTFBFacebook sees total payments and other fees revenue to decline
Facebook sees total payments and other fees revenue to decline on a year-over year basis for the remainder of the year. Sees FY15 CapEx $2.7B-$$3.2B.
17:23 EDTFBNokia approaches Apple, Amazon, Facebook in sale of maps unit, Bloomberg says
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17:22 EDTFBFacebook says FX headwinds in Q2 will be greater than Q1
17:20 EDTFBFacebook says Q1 Non-Gaap expense increased 57%
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17:18 EDTFBFacebook says FX headwinds impacted Q1 revenue
17:14 EDTFBFacebook sees videos attracting marketers to mobile
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17:11 EDTFBFacebook says Instagram has more than 200M daily users
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