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Facebook shares stand to gain as Apple and Google stocks appear to stall, Stifel Nicolaus Managing Director Jordan Rohan said Wednesday on CNBC.
A cloud of uncertainty in the market ahead of the U.S. presidential election doesn’t bode well for stocks, Joe Terranova of Virtus Investment Partners said Wednesday on CNBC.
Facebook got a slew of upgrades on the company's Q3 report, with Jordan Rohan, Stifel Nicolaus.
Facebook dispelled fears Tuesday that its mobile advertising business was failing.
Michael Pachter, Wedbush Securities analyst, discusses Facebook's earnings beat, and explains why he put a "buy" rating on the stock, even before it went public.
Arvind Bhatia, Sterne Agee & Leach analyst, weighs in on Facebook's revenue boost from mobile advertising.
NEW YORK-- The steep losses stopped Wednesday as the stock market turned calm, a day after one of its biggest sell-offs of the year. "Today we're assessing the damage," said Mark Luschini, chief investment strategist at Janney Montgomery Scott. " DuPont, 3 M, UPS and Xerox all reported lower sales than a year ago.
NEW YORK-- Shares of Facebook surged in premarket trading Wednesday, as analysts praised the social media company's third-quarter results, including its first quarter of advertising to mobile device users.
It’s official. Facebook is serious about making money, and its turning its mobile problem—mobile growth was eating into margins—into an opportunity.
Zynga plans to reduce its workforce by 5% and retire 13 games, the social-gaming company said in a memo to staff. This comes ahead of the company's earnings report, due out after the bell Wednesday.
Victor Anthony, Senior Analyst, Topeka Capital Markets says that Facebook's advertising revenue growth rate showed a meaningful improvement. The stock rose as a result.
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The social-networking giant reported its revenue jumped 32%, topping expectations, helped by gains in mobile. “We’re still seeing stable and good growth," one analyst said.
Facebook is surging after reporting Q3 earnings today. CNBC's Julia Boorstin has the details from Facebook's conference call; and Bob Peck, CoRise Co. president, weighs in.
NEW YORK-- Nobody was expecting this round of corporate financial reports to be great. But underwhelming results _ particularly revenue, which offers a read on the economy _ are still rattling investors.
Check out which companies are making headlines after the bell Tuesday.
NEW YORK-- A reality check is coming to Rent the Runway, the online company that allows consumers to borrow _ for a fee _ designer clothes and accessories. It has unveiled a social-shopping platform with 12,000 customer photos to see how styles hang on different shapes. "You haven't seen this diversity of models anywhere else," says Jennifer Hyman, CEO and co-founder.
Rick Summer, Morningstar senior analyst, offers instant analysis of Facebook's quarter.
Investors are getting ready for another earnings report from Facebook after the bell today, with CNBC's Julia Boorstin.
App Store Official Charts for the week ending Oct. 22, 2012:. 4. Minecraft _ Pocket Edition. 2. Minecraft _ Pocket Edition.