Archrival Facebook Inc. (NASDAQ:FB) is working on the early stages of its own plan to help people in developing nations get Internet access from the sky. Facebook reportedly had eyed Titan Aerospace before buying a British drone-maker, Ascenta, to help with its effort. Facebook Inc. (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 4.61%. On last trading day company shares ended up $65.77. Analysts mean target price for the company is $77.91. Facebook Inc. (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 9.19%.
Shares of United Continental Holdings Inc. (NYSE:UAL) are up 2.16% after the airline said it will reward its big spending customers and not bargain hunting travelers who accumulate miles with long distance getaways, the Associated Press reports. United Continental Holdings Inc. (NYSE:UAL) shares advanced 2.98% in last trading session and ended the day on $47.76. UAL gross Margin is 22.70% and its return on assets is 1.00%.United Continental Holdings Inc. (NYSE:UAL) quarterly performance is 3.38%.
Amazon.com Inc. (NASDAQ:AMZN) later this year plans to launch a marketplace for local services, a broad term that encompasses anything from babysitters to handymen to birthday clowns, beginning with a single market, several people familiar with the matter said. Amazon aims to gauge demand and test logistics before rolling out nationwide, mirroring its approach to its grocery delivery service, Amazon Fresh. Fresh was tested in Seattle for years before expanding to San Francisco and Los Angeles last year. Amazon.com, Inc. (NASDAQ:AMZN) shares moved up 1.50% in last trading session and was closed at $332.41, while trading in range of $327.50 – $335.50. Amazon.com, Inc. (NASDAQ:AMZN) year to date (YTD) performance is -16.65%.
Apple Inc. (NASDAQ:AAPL) was the NASDAQ’s most active name, rising 0.2 percent in heavy volume in the tech titan’s first session after a seven-for-one stock split. Separately, the Nikkei on Friday reported that Apple was preparing to sell its first wearable device in October, aiming to produce 3 million to 5 million smart watches a month in its initial run. Apple Inc. (NASDAQ:AAPL) ended the last trading day at $94.25. Company weekly volatility is calculated as 1.57% and price to cash ratio as 13.74.Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 3.48%.
On May 30 announced that HEMP, INC. (OTCMKTS:HEMP) has signed a consultant agreement with View Systems, Inc. (VSYM), a leading Baltimore-based manufacturer and provider of integrated weapons detection systems. Per the agreement, IHMMCC will provide product distribution, professional sales and marketing services, and sales representation for the View-Scan product line to the Industrial Hemp and Medical Marijuana Industries, as well as other traditional channels of distribution. On last trading day company shares ended up $0.0560.
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