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Stock Market & Financial Investment News

News For FB From The Last 14 Days
Check below for free stories on FB the last two weeks.
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June 10, 2013
10:57 EDTFBFacebook advances following upbeat Street research
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10:28 EDTFBFacebook rises after upgrade, levels to watch
Shares are currently up over 5%, broadly outperforming the sector and peers, following an upgrade earlier today to Buy at Stifel. At the current price of $24.49, next resistance is at $25. This is an important technical level as it has been both support and resistance. Support is currently at $24.10.
09:28 EDTFBOn The Fly: Pre-market Movers
HIGHER: Monsanto (MON), up 3.5% after Monsanto following upgrade at Macquarie, comments from Morgan Stanley on implications of potential approval of product in China... Facebook (FB), up 3.1% following upgrade at Stifel, JPMorgan reiterating its Overweight rating on shares... Apricus Biosciences (APRI), up 14% after announcing European approval for ED drug Vitaros... McDonalds (MCD), up 1.8% after May global comp sales rose 2.6%. LOWER: Tesla (TSLA), down 3.2% following cautious mention over weekend in Barron's magazine... Titan International (TWI), down 5.8% following downgrades by at least three firms... Dynavax (DVAX), down 29% after reporting feedback from FDA meeting regarding Heplisav.
07:41 EDTFBJPMorgan reiterates Overweight on Facebook after weakness
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07:40 EDTFBNielsen says social media dominates smartphones, tablets, LAT reports
A report recently released from Nielsen suggests that consumers use their smartphones and tablets for a number or reasons, however, time spent on social networking exceeds that of streaming videos or accessing sports, reported The Los Angeles Times. Reference Link
06:55 EDTFBFacebook upgraded to Buy from Hold at Stifel
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June 9, 2013
12:32 EDTFBSources: Google set to acquire Waze for $1.3B, Globes reports
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June 7, 2013
09:11 EDTFBFacebook advertising engagement increasing, says Morgan Stanley
Morgan Stanley's analysis indicate Facebook advertising engagement is increasing, contrary to market concerns that levels are deteriorating due to lack of content control on where ads are displayed. The firm recommends adding to positions and reiterates its Overweight rating and $34 price target.
07:40 EDTFBFacebook recommended ahead of product launches at Morgan Stanley
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06:53 EDTFBU.S. collects data overseas from major Internet companies, NY Times reports
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06:39 EDTFBFacebook to narrow down ad format choices for marketers, NY Times says
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05:26 EDTFBMajor Internet firms deny giving U.S. 'direct access' to servers, Reuters says
A number of big tech companies, including Apple (AAPL), Google (GOOG) and Facebook, said they don't provide any government agency with "direct access" to their servers, rebutting a Washington Post report that said they have granted such access under a classified data collection program, reports Reuters.Reference Link
June 6, 2013
07:38 EDTFBCredit Suisse to take lead on Alibaba IPO, Reuters reports
Credit Suisse (CS) is expected to take a leading role in the anticipated IPO of China's Alibaba Group, sources say, reports Reuters. The IPO may come by the end of this year and is likely to rival Facebook's (FB) $16B IPO in terms of size.Reference Link
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