|Bid||137.82 x 200|
|Ask||138.10 x 900|
|Day's range||136.66 - 140.87|
|52-week range||126.85 - 218.62|
|Beta (3Y monthly)||0.62|
|PE ratio (TTM)||20.71|
|Earnings date||29 Jan 2019 - 4 Feb 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||194.05|
The goal should be to help kids learn to manage their own time as they get older and to stay physically active and socially connected.
Analysts who expect Snap's revenues to grow much faster than Facebook's are underestimating the vast chasm between their competitive positions.
Facebook shares have fallen almost 40 percent since the social-media giant said in July that it expects growth to slow and profit margins to narrow in coming years. Its main social network is reaching a saturation point, so it needs to explore new types of business models. Facebook said in a regulatory filing that its board had previously authorized share repurchases of up to $15 billion as part of a program started in 2017.
(Bloomberg) -- Facebook’s board approved an $9 billion increase to the social media company’s share repurchase program. The repurchase program does not have an expiration date and shares may be repurchased through open market purchases or privately negotiated transactionsShares rose about 1.1% in after market trading and the stock has declined 24% in the past 52 weeks NOTE: April 25, Facebook previously increased the amount authorized under its share repurchase program by an added $9 billion to $15 billion.
On December 7, the US November jobs report was released. The report showed 155,000 jobs additions—compared to the consensus expectations of 198,000. The October non-farm payroll data were also revised downwards.
Yelp (YELP) stock was up 2% yesterday and is up another 5% in pre-market trading today. Yelp will become a part of the S&P MidCap 400 Index, replacing Gulfport Energy (GPOR). Last month, Yelp’s stock had one of the worst falls of over 30% when the company disappointed investors with below-par third-quarter earnings and a weaker outlook for the fourth quarter.
In the previous article, we discussed how Oracle’s (ORCL) revenue growth slowed in the fourth quarter of fiscal 2018 and improved just ~0.5% in the first quarter of fiscal 2019. According to the outlook provided by Oracle, it expects its revenue to grow between 0% and 2% in constant currency terms in the quarter, but the strengthening US dollar could hurt its revenue growth expectations. In August, the Turkish lira went through a bad phase that spread to other emerging markets.
FT subscribers can click here to receive #techFT every day by email. The irony has been a bit lost on me as a victim, but on the day a software glitch caused by Ericsson knocked out data on mobile ...
Devotional poetry is not a staple of 21st century publishing. Then again, Ann Wroe has never fed her readers a diet of mere staples, whether as journalist or author. Now she has given St Francis of Assisi a similar treatment, with more overt religiosity than might be tolerated on the pages of a weekly newspaper.
Much of China’s literary heritage had been obliterated by Mao’s death in 1976: books — or “poisonous weeds” — that failed to feature his quotes were systematically burnt. In “As The North Wind Howled”, Hua imagines himself turfed out of bed to attend a dying man, apparently a close associate.
Apple (AAPL) is deepening its relationship with Amazon through a music streaming alliance, its app store monopoly case has reached the Supreme Court and analysts are weighing in on iPhone demand.
Stock futures fell on news that Huawei CFO Wanzhou Meng was arrested and faces U.S. extradition, raising U.S.-China tensions. Several other signs are negative for the stock market rally.
Stocks opened sharply lower Thursday as a Chinese executive is arrested, Facebook earns a downgrade and OPEC sends oil prices lower.
The special iPhone battery replacement program that Apple (AAPL) introduced last year has entered its final month. To appease customers angered by its action that resulted in iPhones with older batteries slowing down, Apple decided to introduce a program that allowed customers to buy a replacement battery for their iPhones at a steep discount of just $29 instead of the usual $79. Apple announced the discount program on December 28, 2017, and said it would run through December 2018, meaning the program is now just a few weeks away from ending.
“Investors do not get nearly enough usable information about how their money is being voted, and because of that, they cannot adequately hold those fund managers accountable for how they vote in those elections,” Securities and Exchange Commissioner Robert Jackson Jr. said Thursday in a speech in New York. Jackson said the SEC should “more closely examine whether funds should have to disclose information about proxy voting in a different manner” to allow informed decisions by retail investors. The commissioner was speaking at a Federal Trade Commission conference on competition and consumer protection at New York University.
Stifel says morale about the company among both employees and consumers is deteriorating, and could hurt the business in the long term.
For me, the documents have illuminated the nature of Mark Zuckerberg, Facebook’s co-founder and CEO, as a ruthless businessman and savvy corporate strategist. This shouldn’t be news to anyone who has followed Facebook’s history or watched the “Social Network,” but the documents add color to the less-discussed aspect of Zuckerberg character as a deeply involved tactician seeking to maximize Facebook’s revenue and as a cutthroat executive willing to (metaphorically) kneecap competitors.
Stocks look set to tumble at the open after the arrest of Huawei’s CFO, which is seen as a major escalation in the trade war between the U.S. and China.
More than 90 U.S. mutual funds have completely sold their positions in the social media company so far this year, according to Lipper data. Fred Katayama reports.