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By Brian Womack, Bloomberg |
May 2, 2013
Facebook Inc.’s first-quarter sales topped estimates, a sign that Chief Executive Officer Mark Zuckerberg is making headway in a drive to make more money from mobile ads.
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By Brian Womack, Bloomberg |
January 31, 2013
Facebook Inc. reported a plunge in fourth-quarter profit on higher spending, even while it made long-awaited progress luring advertisers eager to reach mobile-device users.
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By Brian Womack, Bloomberg |
January 30, 2013
Facebook Inc. Chief Executive Officer Mark Zuckerberg is reaping benefits of a deeper push into mobile advertising at the social network he founded almost a decade ago.
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By Canaccord Genuity Morning Coffee |
January 16, 2013
Facebook held its widely anticipated press event on Tuesday to show the press what it is working on, unveiling a new search service. The markets didn't seem impressed.
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By Lisa Rapaport and Douglas MacMillan, Bloomberg |
October 31, 2012
Facebook Inc. declined the most in more than five weeks on concern that employees will start selling their shares now that prohibitions on insider sales have ended.
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By Brian Womack, Bloomberg |
October 24, 2012
Facebook Inc., the biggest social networking site, posted a record surge after reporting sales that topped analysts’ estimates, allaying concerns over its ability to make money from mobile ads.
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By Danielle Kucera, Bloomberg |
September 4, 2012
Facebook Inc. fell to a record low after Morgan Stanley, a lead underwriter of the company’s initial public offering, cut its price forecast on concern that the social network is struggling to reach mobile users with ads.
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By Canaccord Genuity Morning Coffee |
August 20, 2012
Facebook’s 6.3% drop on Thursday, after the end of restrictions on share sales by its biggest investors, was the second-largest post-lock-up decline among companies that have gone public since January 2011.
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By Brian Womack, Bloomberg |
August 17, 2012
Facebook Inc.’s 6.3 percent drop yesterday, after the end of restrictions on share sales by its biggest investors, was the second-largest post-lock-up decline among companies that have gone public since January 2011.
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By Brian Womack, Bloomberg |
August 16, 2012
Facebook Inc. is freeing up 271.1 million of its shares today, boosting by 60 percent the number that could be traded and adding to concerns that have weighed on the stock since the company’s initial public offering.
