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Alan Mulally To Remain At Ford Through 2014
Wednesday, January 8, 2014 - 12:54pm | 553After months of speculating, Alan Mulally, CEO of Ford Motors (NYSE: F) finally announced that he plans to stay with the company throughout 2014. Mulally was once considered to be the front runner to replace Microsoft's (NASDAQ: MSFT) outgoing CEO, Steve Ballmer. His candidacy had faded in recent...
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Market Wrap For November 22: Markets Finish The Week On a Positive Note
Friday, November 22, 2013 - 5:57pm | 1641While not offering any specifics, investors seemed comfortable enough with Dennis Lockhart's comments to end the week on a positive note. While speaking to CNBC the Atlanta Fed chief commented that tapering will begin “when the economy is ready and when the market is ready.” Lockhart also noted...
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Is a Decline in Teen Users Really a Big Deal for Facebook?
Thursday, October 31, 2013 - 10:04am | 579Let’s call it what it is before we examine the market noise that followed Facebook's (NASDAQ: FB) earnings release. It was good—not great but really good. Facebook looks healthy by all meaningful metrics and that’s why the stock was up huge following the release. The numbers look like this:...
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Facebook COO Sheryl Sandberg Sells $91.1 Million In Stock On August 7 (FB)
Wednesday, August 14, 2013 - 8:10am | 508Facebook (NASDAQ: FB) COO Sheryl Sandberg announced that she sold $91.1 million in stock last Wednesday, August 7. The move comes as Facebook shares returned to the IPO price of $38 for the first time since just after the company's infamous offering. Insider Sale In a Form 4 filed with the...
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Facebook to Face Disgruntled Investors at its First Ever Shareholder Meeting (FB)
Tuesday, June 11, 2013 - 7:35am | 560Facebook (NASDAQ: FB) was the beneficiary of really good timing on Monday ahead of it’s first-ever shareholder meeting on Tuesday. On Monday, rumors circulated that Facebook would be added to the S&P 500 sooner rather than later. Paul Larson, chief equities strategist at Morningstar, said...
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The One Bright Spot in Facebook's Report
Friday, July 27, 2012 - 9:47am | 555Facebook (NYSE: FB) is getting clobbered on growth concerns, but CEO Mark Zuckerberg did soothe some fears Thursday about how the company plans to monetize its nearly one billion strong global user base. The question appears to now be "when" will Facebook derive more profit per-user, where as up...
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Facebook Saves $80 Million by Settling Lawsuit
Friday, June 22, 2012 - 8:30am | 418After enduring a lawsuit that could have ultimately cost Facebook (NASDAQ: FB) more than $100 million, the social networking giant has agreed to pay $20 million to settle a case involving Sponsored Stories and millions of Facebook users. The company was sued last December after Facebook began to...
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New York Times: Driving Force Behind Facebook Is Sheryl Sandberg
Monday, October 4, 2010 - 1:01pm | 227According to a recent article in the New York Times, the real driving force at Facebook is former Google (NASDAQ: GOOG) exec, Sheryl Sandberg. In the piece, titled "Mark Zuckerberg's Most Valuable Friend," readers get an up close look at Facebook's chief operating officer and her relationship with...