Facebook Inc (NASDAQ:FB)’s Instagram is in the process of fixing a bug that hides users’ photos on its mobile app, the Associated Press reports. The photo-sharing app has 200M users who share about 60M photos per day. Facebook Inc (NASDAQ:FB) shares after opening at $63.21 on last trade day and at the end of the day closed at $62.72. Company price to sales ratio in past twelve months was calculated as 20.32 and price to cash ratio as 13.97. Facebook Inc (NASDAQ:FB) showed a positive weekly performance of 3.86%.
Now that the Windows Phone 8.1 and Cortana announcements are out of the way, Skype’s spilling the details on its upcoming app refresh for Microsoft Corporation (NASDAQ:MSFT) ‘s new mobile platform. The upgraded Skype app for WP 8.1 will feature a new button that you can press to turn a regular phone call into a Skype video chat. It’s similar to that FaceTime option iOS users see when they make calls, though obviously, Skype’s version will only work if you have the other person’s account details. Microsoft Corporation (NASDAQ:MSFT) shares advanced -0.17% in last trading session and ended the day on $41.35. MSFT return on equity ratio is recorded as 28.30% and its return on assets is 15.90%. Microsoft Corporation (NASDAQ:MSFT) yearly performance is 49.06%.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) minority shareholders led by Aberdeen Asset Management Plc (ADN) won a second board seat in a year as they seek to steer Brazil’s state-run oil producer toward higher profits. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares moved up 3.71% in last trading session and was closed at $13.71, while trading in range of $13.20 – $13.95. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) year to date (YTD) performance is -0.51%.
Ford Motor Company (NYSE:F) says its Russian joint venture is cutting 950 jobs due to falling sales and the declining value of the ruble. The automaker says that Ford Sollers will cut 700 jobs at its plant in St. Petersburg and an estimated 250 temporary employees in Tartarstan. The reductions affect about 19 percent of its 5,000-person workforce in Russia. Ford Motor Company (NYSE:F) weekly performance is 7.93%. On last trading day company shares ended up $16.46. Ford Motor Company (NYSE:F) distance from 50-day simple moving average (SMA50) is 7.20%. Analysts mean target price for the company is $17.97.
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