The "Fast Money" traders share their final trades of the day.» Read More
NEW YORK, Oct 5- Facebook Inc:.
U.S. stock index futures pointed to a mixed open on Wall Street, with futures for the S&P 500 slipping by 0.1 percent, while the Dow Jones and Nasdaq 100 futures contracts rose around 0.1 percent. **ZYNGA INC, Thursday close $2.81, down 19.2 pct premarket.
NEW YORK, Oct 5- U.S. stock index futures were slightly higher in thin trading Friday, after four days of gains on the S&P 500, and ahead of a government payrolls report expected to show a tick up in hiring last month and a slight increase in the unemployment rate.
*JP Morgan cuts Facebook Inc price target to $28 from $30; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
SAN FRANCISCO, Oct 5- Joe Lockhart, Facebook Inc's head of global communications and a former press secretary for President Bill Clinton, is leaving the social networking company, Facebook said.
*Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. Labor Department data showed the jobless rate dropped by 0.3 percentage point in September to 7.8 percent, its lowest since January 2009.
Oct 4- Dozens of lawsuits against Facebook Inc, the NASDAQ exchange and various underwriters will be centralized before a federal judge in New York, who must sort through the legal aftermath of Facebook's botched initial public offering. Facebook had requested the transfer, while some investors sought to keep their cases in California.
Financial Times Headlines JOHNSON SLAMS GOVERNMENT OVER AIRPORTS- MORGAN STANLEY CHIEF WARNS ON WALL ST PAY- GOOGLE EBOOK WIN LITTLE THREAT TO AMAZON- RUSSIA MOOTS ARCTIC OIL LICENCES FOR WEST- BAE TIE-UP BAD FOR UK, WARNS DARLING- BARCLAYS ALTERS INVESTMENT BANKING SHAPE- REDROW'S CHAIRMAN RAISES BID FOR GROUP- ECB KEEPS INTEREST RATES UNCHANGED- FACEBOOK EXPANDS TO 1 BLN USERS- Overview JOHNSON SLAMS GOVERNMENT OVER AIRPORTS.
Oct 4- Dozens of lawsuits against Facebook Inc, the NASDAQ exchange and various underwriters will be consolidated before a federal judge in New York, who must sort through the legal aftermath of Facebook's botched initial public offering. Facebook had requested the consolidation, while some investors sought to keep their cases in California.
I asked Larry about all kinds of topics, from the presidential debates to the U.S. economy to his own personal investments.
Facebook's announcement that it has hit 1 billion users has generated a media storm. The number — though massive and round, a beacon of Facebook's immense scale — isn't really news.
*Facebook confirms billion user mark, growth slows. NEW YORK/ SAN FRANCISCO, Oct 4- Facebook Inc.
Check out which companies are making headlines after the bell Thursday.
ONE BILLION: More than a billion people now log into Facebook each month, up from 500 million in July 2010. ODD VIDEO: Facebook also released a video that, somewhat abstractedly, seeks to illustrate its ubiquity and utility in connecting people. It starts off with an empty red chair suspended over a forest and later proclaims that "chairs are like Facebook."
Facebook, which announced on Thursday it has reached 1 billion users, has increasingly been in the public eye lately and increased its focus on revenue. But one analyst cautioned investors against thinking that this would result in immediate gains for the company.
Stocks ended in positive territory Thursday, with the S&P 500 finishing higher for a fourth-straight session, after some encouraging comments by ECB President Mario Draghi and as investors looked ahead to the monthly government jobs report.
*Facebook confirms billion-user mark, growth slows. NEW YORK/ SAN FRANCISCO, Oct 4- Facebook Inc.
Facebook hit one billion users today, and a member of KitchenAid's Twitter team mistakenly posted an offensive tweet about President Obama on the company's Twitter page. CNBC's Robert Frank & Julia Boorstin discuss.
Google acquired Motorola in May for $12.5 billion to bolster its patent portfolio as its Android mobile operating system competes with rivals such as Apple Inc and Samsung Electronics Co Ltd. But many investors and analysts have questioned Google's need to be in the hardware business, where profit margins are lower and Google has little experience.
If you could take a look inside any building that's off limits, where would you look?