Morning Top Stories: Facebook Inc (NASDAQ:FB), Linn Energy LLC (NASDAQ:LINE), BreitBurn Energy Partners L.P. (NASDAQ:BBEP), Nokia Corporation (ADR) (NYSE:NOK), UBS AG (NYSE:UBS)

Facebook Inc (NASDAQ:FB) is taking steps to open a sales office in China to work with local advertisers, Bloomberg reported, citing people with knowledge of the matter, in a move that would put the social network’s employees in the country for the first time, even as its service remains censored there. Facebook could open an office in China within a year to serve a growing set of customers in the country, said a person familiar with the situation, who asked not to be identified because the information is private. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 2.22%. On last trading day company shares ended up $59.83. Analysts mean target price for the company is $77.76. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is -4.52%.

Linn Energy LLC (NASDAQ:LINE) has been given a consensus recommendation of “Hold” by the seventeen brokerages that are presently covering the company, AnalystRatingsNetwork reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. Linn Energy LLC (NASDAQ:LINE) shares fell -0.38% in last trading session and ended the day on $28.62. Gross Margin is 82.30% and its return on assets is -5.60%. Linn Energy LLC (NASDAQ:LINE) quarterly performance is -10.87%.

O May 8, BreitBurn Energy Partners L.P. (NASDAQ:BBEP) announced financial and operating results for the first quarter of 2014. Total production was 3,219 MBoe in the first quarter of 2014 compared to 3,086 MBoe in the fourth quarter of 2013. Average daily production was 35.8 MBoe/day in the first quarter of 2014 compared to 33.5 MBoe/day in the fourth quarter of 2013. BreitBurn Energy Partners L.P. (NASDAQ:BBEP) shares moved up 0.90% in last trading session and was closed at $20.28, while trading in range of $20.10 – $20.43. BreitBurn Energy Partners L.P. (NASDAQ:BBEP) year to date (YTD) performance is 3.84%.

Nokia Corporation (ADR) (NYSE:NOK) pulled out a slight surprise at MWC, launching a pair of Android phones. The Nokia X and X+ are aimed firmly at the emerging markets, packing the same sorta specs as an original-gen iPhone (4GB of onboard storage, 512MB of RAM), and priced accordingly.Nokia Corporation (ADR) (NYSE:NOK) ended the last trading day at $7.37. Company weekly volatility is calculated as 1.87% and price to cash ratio as 2.18. Nokia Corporation (ADR) (NYSE:NOK) showed a positive weekly performance of 1.52%.

UBS AG (NYSE:UBS) Chairman Axel Weber said compensation at Switzerland’s biggest bank has to be in line with competitors to attract professionals at all levels, defending the board’s pay decisions for executives. UBS AG (NYSE:UBS) net profit margin is 23.60% and weekly performance is -2.25%. On last trading day company shares ended up $20.44. Analysts mean target price for the company is $20.87. UBS AG (NYSE:UBS) distance from 50-day simple moving average (SMA50) is -0.87%.

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