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Yahoo! Japan And Line Confirm Merger
Monday, November 18, 2019 - 4:56am | 382Z Holdings Corporation (OTC: YAHOY), better known by its former name Yahoo! Japan, and Line Corporation (NYSE: LN) announced on Monday they reached an agreement on their merger. What Happened The internet services provider Yahoo! Japan and messaging and mobile payments company Line will merge...
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Feinseth: Facebook Delivered A Blow To Skeptics And Critics
Thursday, January 31, 2019 - 12:49pm | 357Social media giant Facebook, Inc. (NASDAQ: FB) delivered a major blow to the skeptics and critics in its fourth-quarter results, according to Tigress Financial Partners' Ivan Feinseth. What Happened Facebook ended 2018 with full-year revenue growth of more than 30 percent despite many reports...
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Facebook Surges After Big Q4 Earnings Beat
Wednesday, January 30, 2019 - 5:15pm | 222Facebook, Inc. (NASDAQ: FB) shares are surging after reporting a big fourth-quarter earnings beat. Earnings came in at $2.38 per share, beating estimates by 19 cents. Sales came in at $16.64 billion, beating estimates by $230 million. The company estimates that around 2.7 billion people now...
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Facebook Misses Q3 Sales Estimates, But Users Continue To Grow
Tuesday, October 30, 2018 - 4:32pm | 323Facebook, Inc. (NASDAQ: FB) shares are down about 34 percent since its July earnings release, but investors perked up heading into Tuesday's third-quarter release. Facebook reported earnings of $1.76 per share, beating the $1.47 estimate by 19.7 percent. Sales came in at $13.73 billion against...
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Instagram's Leadership Shuffle At Facebook Is Simply A 'Sign Of Change', BofA Says
Wednesday, September 26, 2018 - 2:29pm | 398The departure of Instagram's co-founders Kevin Systrom and Mike Krieger from its parent company Facebook, Inc. (NASDAQ: FB) is just "bad press" and unlikely to have any near-term financial impact, according to Bank of America. The Analyst Bank of America's Justin Post maintains a...
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Facebook's Head Of Messaging Talks Monetization
Thursday, October 19, 2017 - 1:45pm | 552David Marcus, Facebook Inc (NASDAQ: FB)'s head of messaging, joined the company after serving as president of Paypal Holdings Inc (NASDAQ: PYPL). In an interview with Bloomberg's Emily Chang, he reiterated Facebook's policy of not disclosing revenue by specific products but he could confirm that...
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Facebook Continues To Dominate Global App Downloads, Still Has Growth Potential
Monday, September 11, 2017 - 4:15pm | 387While global app downloads are to starting to slow down, Facebook Inc (NASDAQ: FB) continues to dominate worldwide app downloads. According to the latest report from Statista, of the most downloaded Android Apps worldwide in August, Facebook controlled the top five and seven overall. WhatsApp was...
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Facebook Continues To Prove It Can Monetize Its Users
Friday, August 11, 2017 - 8:59am | 603Tigress Financial Partners said in a note Thursday Facebook Inc (NASDAQ: FB) continues to prove it can monetize its users. The firm said the company's business performance continues to increase, driven by greater monthly and daily active users, which is fueling strong gains in advertising revenue...
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Smartphone App Downloads: Facebook Reigns, Snap Lags, Twitter Doesn't Crack Top 10
Monday, August 7, 2017 - 2:29pm | 671Facebook Inc (NASDAQ: FB) has arrived as a social media behemoth, with data all around confirming its supremacy. Data compiled by Priori Data showed that Facebook was the unparalleled leader in terms of Android app downloads in the month of July and had respectable numbers even among the Apps...
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Facebook's Earnings Continues To Impress Analysts, Stifel Sees Upside To $200 Per Share
Thursday, July 27, 2017 - 9:50am | 439Yet again, Facebook Inc (NASDAQ: FB) impressed investors with its earnings report, which was highlighted by "impressive" momentum in its advertising business, Stifel's Scott Devitt commented in a research report. The analyst maintains a Buy rating on Facebook's stock with a price...
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Facebook's Decision To Hire Thousands Of Employees Doesn't Concern Analysts At BMO
Thursday, May 4, 2017 - 1:56pm | 396Facebook Inc (NASDAQ: FB) addressed an ongoing concern among many of its users and investors: the very real dangers the platform poses to society. Facebook said it will hire 3,000 people across the world who will be tasked with monitoring videos for violent and criminal acts. The company faced...
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Facebook Q1 Paints A Picture Of Strength; Video To Come To The Fore This Year
Thursday, May 4, 2017 - 9:30am | 365UBS raised its price target for Facebook Inc (NASDAQ: FB) Thursday after the social media platform reported first-quarter results that analyst Eric J. Sheridan called "solid." Facebook reported a Q1 EPS of $1.04 after the close Wednesday, missing estimates by $0.08; sales of $8.032...
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Facebook Focusing On Other Realities As Company Unveils Plans For Next Phase
Thursday, April 20, 2017 - 9:05am | 574Commenting on Facebook Inc (NASDAQ: FB)'s F8 Annual Developer Conference, Pacific Crest Securities, a unit of KeyBanc Capital Markets, said the company is focusing on other realities. Realities Sinking In Analysts Andy Hargreaves, Evan Wingren and Tyler Parker noted that the keynote focused on...
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Jim Cramer: Forget Bank Earnings, Focus On Facebook
Friday, April 14, 2017 - 5:13pm | 396Thursday's trading session was dominated by some of the biggest banks reporting their quarterly results. But according to
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Snap's Millennial Audience, Ad Potential Drive This Bullish Outlook
Monday, March 27, 2017 - 1:16pm | 434More than half of Snap Inc (NYSE: SNAP)’s daily users are between 13 and 24, and that makes the social platform a mandatory ad buy for many brands, according to William Blair. The firm initiated the parent company of the Snapchat app with an Outperform on Monday, joining other firms who...