Facebook (FB) Plunges, Then Recovers after Q4 Results
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Deutsche Bank Raises PT on Facebook (FB) to $40
January 31, 2013 3:32 PM ESTDespite three downgrades following Q4 results after the close, Facebook (NASDAQ: FB) has convinced at least one firm that its prospects are in fact brighter.
Deutsche Bank reiterated its Buy rating and raised its price target on price target of $40.00 (from $37.00) following the... More
Pivotal Research Upgrades Facebook (FB) to Buy; 'Flipping The Switch'
January 31, 2013 7:56 AM ESTPivotal Research upgraded Facebook (NASDAQ: FB) from Hold to Buy with a price target of $36.00 (from $30.00) following "solid" Q4 results.
"The stock essentially matched our expectations on revenue growth, and other results were generally consistent with our forecasts. However, the market was downright dazed, incorrectly we believe, interpreting reported mobile revenue figures as a negative when, in fact, they are part of a story that we... More
Jefferies Downgrades Facebook (FB) to Hold
January 31, 2013 7:41 AM ESTJefferies downgraded Facebook (NASDAQ: FB) from Buy to Hold.
NOTE: This is one of four downgrades so far today.
For an analyst ratings summary and ratings history on Facebook click... More
Citi Downgrades Facebook (FB) to Neutral
January 31, 2013 7:38 AM ESTCiti downgraded Facebook (NASDAQ: FB) from Buy to Neutral following Q4 results.
NOTE: This is one of three downgrade so far today.
For an analyst ratings summary and ratings history on Facebook... More
BMO Capital Downgrades Facebook (FB) to Market Perform; Results 'Good' Not 'Great'
January 31, 2013 7:30 AM ESTBMO Capital downgraded Facebook (NASDAQ: FB) from Outperform to Market Perform with a price target of $32.00 (from $32.00) following Q4 results.
"We don't like moving around ratings this quickly, and we thought the quarter was perfectly fine; however, we don't yet have the thesis to raise... More
Facebook (FB) Erases After-Hours Losses, Goes Green
January 30, 2013 4:42 PM ESTFacebook (NASDAQ: FB) has reversed all its after-hours losses and is now positive. Shares last traded up 0.4% after being down as much as 9%.
The company reported Q4 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $1.59 billion versus... More
Facebook (FB) Sees Quick Drop Lower Despite Q4 'Beat'
January 30, 2013 4:15 PM ESTFacebook (NASDAQ: FB) is immediately rating down 4% to $30.02 following Q4 results, however, the stock is well off the lows.
Facebook reported Q4 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.52 billion.
... More
UPDATE: Facebook (FB) Tops Q4 EPS by 2c
January 30, 2013 4:08 PM EST(Updated - January 30, 2013 4:11 PM EST)
Facebook (NASDAQ: FB) reported Q4 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.52 billion.
"In 2012, we connected over a billion people and became a... More