Facebook racked up $2.379 billion in profit, up an impressive 16% versus the $2.05 billion it raked in last quarter, and up a stellar 160% year over year. Expenditures were up slightly to $1.1 billion. Facebook is sitting on $26.14 billion in cash, equivalents, and securities now, just in case it wants to buy another WhatsApp.
Industry
On Trump’s Victory: Drugmakers Jump After Price Concerns Are Relieved
Among the notable gainers in Wednesday’s early exchange are pharmaceutical stocks as Donald Trump’s victory alleviated the worries that a Clinton presidency would be in command on drug prices in the largest market for prescription drugs in the world.
Transwestern Investment Group Closes Funds For Real Estate
Transwestern Investment Group is an investment advisor serving a broad range of investors through a diversified array of discretionary and non-discretionary investment vehicles. Recently, it just had closed its TSP Value and Income Fund I.
Facebook Stock Continues To Rise; Must Maintain Sustainable Growth And Profit
Although Facebook is having a high stock value and profit, it must have ways on how to maintain at retain it.
British Airways Maximizes Seat Space To Accomodate More Passenger
Bristish airways makes their seat spacing lesser for more passenger. Travellers who are accustomed to reasonable elbow room in the cheap seats will find they have less space.
Latest News
Recently, the Food and Drug Administration of China has released a draft to guide the post-marketing supervision of medical devices. Said guidance displays the role of regional and national regulators, manufacturers of medical devices and adverse event monitoring technology institutions in tracking the safety of the medical products after they are approved.
As economic analysts studies the US economy after 2 years, claims have been made that it has already reached its peak.
Google is on the quest of soaring greater heights with Alphabet. Alphabet is again expanding on wider pastures as it is stepping up its investment in Google Cloud.
To uphold its lifetime commitment of rendering quality delivery services to its clients, UPS buys Boeing 747-8 jumbo jets.
As competition rises, Ford Motor Corporation falls short as it loses 50% profit. However, it still beats some expectations as that of the Wall Street's.
Just as doubts grow over Prime Minister Shinzo Abe’s economic policies dubbed Abenomics, many say that regulatory reforms will be the only way to revive Japan’s economy.
In 15 years of dominance, Apple Inc. posted its first ever annual revenue decline. However, they expect a large return growth in the current quarter with the help of the strong sales of its new iPhone 7.
Per Franzen head of Nordics EQT during an interview in Stockholm said that bigger checks can be written to one counter-party is also an important strategy for EQT . He said investors should be more involved as they take over their assets and with an environment with low growth the best thing to do backing with incumbent management teams.
DeAndre Levy expressed his thanks for the support that he received for their funding. He explained that there were comments worthy to share of. On the other hand with regards to the comment of a Republican presidential nominee, he simply said that the person has the right to express his thoughts but should be responsible for his words and actions.
