Facebook Inc (NASDAQ:FB) is reportedly in talks to acquire Titan Aerospace, according to sources with TechCrunch. The acquisition would be tied in with Facebook’s goal to connect the 5 billion people in the world that do not have access to the Internet. Facebook oversees the Internet.org initiative, which was the driving force behind the social network’s $19 billion acquisition of WhatsApp.
Facebook Inc (NASDAQ:FB) stock opened at $66.96 in last trading session, and closed at $67.41, trading in the range of $66.51 – $68.05. The stock showed a negative weekly performance of -4.76%.
India’s Supreme Court will resume hearing on March 11 Nokia Corporation (ADR) (NYSE:NOK)’s appeal against a lower court ruling over transferring ownership of its local mobile phones plant which is the subject of a tax dispute to Microsoft, lawyers on the case said on Monday. Nokia Corporation (ADR) (NYSE:NOK) shares closed at $7.59 on last trade day, by gaining 0.13%. Stock 52 week range is $3.02 – $8.20. Company’s market capitalization is $28.18 billion.
Tesla Motors (NASDAQ:TSLA) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, AnalystRatings.NET reports. The firm currently has a $304.00 price target on the stock. Zacks‘s target price suggests a potential upside of 24.18% from the stock’s previous close. Tesla Motors Inc (NASDAQ:TSLA) stock advanced 2.35% and finished the last session at $250.56. The EPS of the stock remained -0.70. Company’s market capitalization is $30.87 billion.
BlackBerry Ltd (NASDAQ:BBRY)’s rebuilding strategy to concentrate on the enterprise market is reportedly working as the smartphone manufacturer’s shares went up 35% year-to-date. BlackBerry Ltd (NASDAQ:BBRY) stock opened at $9.73 in last trading session and closed at $10.37. The 52 week range of the stock is $5.44 – 16.82 and the day range was $9.66 – $10.44.
Leave a Reply