social-networking service

Facebook adds a new friend

By Sarah Frier, Bloomberg | June 3, 2014

Facebook Inc. is buying Pryte, a provider of technology that allows smartphone users download applications using temporary mobile data allowances.

U.S. stocks rise as Obama weighs Syria alternatives, Apple drops

By Nikolaj Gammeltoft, Bloomberg | September 11, 2013

U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a seventh straight day, as diminishing concern over a military strike against Syria offset Apple Inc.’s biggest decline since May.

U.S. stocks fluctuate, bonds little changed amid earnings, data

By Stephen Kirkland and Katie Brennan, Bloomberg | July 25, 2013

U.S. stocks fluctuated between gains and losses and Treasuries were little changed as investors analyzed earnings and economic data for clues on the Federal Reserve’s stimulus plans. The yen strengthened.

Facebook investors brace for biggest round of unlocked stock

By Brian Womack, Bloomberg | November 14, 2012

Facebook Inc. investors, already grappling with concerns about the company’s growth prospects, are bracing for the biggest increase in the number of shares free for trading since the company went public in May.

Facebook climbs as CEO says he’s addressing mobile missteps

By Brian Womack and Douglas MacMillan, Bloomberg | September 12, 2012

Facebook Inc. rose the most in more than a month after Chief Executive Officer Mark Zuckerberg said he’s addressing the missteps that have made it hard to reap the benefits of mobile advertising.

Facebook second-worst IPO Performer after lock-up expires

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.

U.S. stocks fall as Fed statement fails to bolster confidence

By Rita Nazareth, Bloomberg | August 1, 2012

U.S. stocks fell, reversing earlier gains, as the Federal Reserve’s pledge to provide additional support for the economy disappointed investors anticipating a more definitive sign of further monetary easing.

Facebook shares under pressure amid growth-slowdown concerns

By Douglas MacMillan, Bloomberg | July 18, 2012

Facebook Inc. shares are under pressure in the run-up to an earnings report, due next week, that will probably indicate growth slowed in the second quarter.

S&P 500 poised for worst monthly drop since September on economy

By Rita Nazareth, Bloomberg | May 31, 2012

U.S. stocks fell, sending the Standard & Poor’s 500 Index toward its biggest monthly decline since September, amid disappointing economic reports.

U.S. stock futures decline amid concern Greece will leave Euro

By Rita Nazareth, Bloomberg | May 30, 2012

U.S. stock futures fell, putting the Standard & Poor’s 500 Index on pace for its worst month since September, on concern Greece will leave the euro while Spain’s default risk hit a record as it struggles to recapitalize banks.

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