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By Brian Womack, Bloomberg |
June 10, 2013
Facebook Inc. gained as much as 5.6 percent amid speculation that the world’s largest social network may be added to the Standard & Poor’s 500 Index.
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By Lu Wang and Inyoung Hwang, Bloomberg |
May 2, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index toward a record high, as the European Central Bank cut its key interest rate and American jobless claims unexpectedly fell.
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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 Andy Fixmer and Adam Satariano, Bloomberg |
October 25, 2012
Apple Inc. and major music labels have intensified negotiations to start an advertising-supported Internet radio service by early next year, according to people with knowledge of the talks.
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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 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.
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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.
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By Brian Womack, Bloomberg |
July 27, 2012
Facebook Inc. plunged to a record after its first earnings report as a public company showed a slower sales gain and narrower profit margins, failing to allay concerns over growth that have dragged down the shares.
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By Lee Spears and Sarah Frier, Bloomberg |
May 18, 2012
Facebook Inc. is set to start trading today after a record initial public offering that made the social network more costly than almost every company in the Standard & Poor’s 500 Index.