Facebook Inc (NASDAQ:FB) gets big money out of all those games like FarmVille and CitiVille. Zynga Inc (NASDAQ:ZNGA) was the “king” of the hill of Facebook gaming with those hit games. But now, users have moved on to Candy Crush and King Digital Entertainment (NASDAQ:KING) is the new hot IPO in town. Facebook Inc (NASDAQ:FB) shares after opening at $64.74 moved to $64.95 on last trade day and at the end of the day closed at $60.38. Company price to sales ratio in past twelve months was calculated as 18.86 and price to cash ratio as 12.97. Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -11.50%.
The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, announced it has reached a settlement in cases involving Bank of America (NYSE: BAC), Countrywide Financial, Merrill Lynch, and certain named individuals totaling approximately $5.83 billion. Bank of America Corporation owns Countrywide and Merrill Lynch. The cases alleged violations of federal and state securities laws in connection with private-label, residential mortgage-backed securities (PLS) purchased by Fannie Mae and Freddie Mac between 2005 and 2007. Allegations of common law fraud were made in the Countrywide and Merrill Lynch cases.Bank of America Corp (NYSE:BAC) shares fell -0.17% in last trading session and ended the day on $17.18. BAC return on equity ratio is recorded as 4.60% and its return on assets is 0.50%. Bank of America Corp (NYSE:BAC) yearly performance is 37.11%.
The National Bank of Greece (ADR) (NYSE:NBG), that owns Finansbank located in Turkey, has now bought 1 of the tallest skyscrapers in Istanbul. It is a 40-story -”Crystal Tower” and the bank has purchased this for $303M. This 170-meter Crystal Tower has been sold to the National Bank of Greece (ADR) (NYSE:NBG) by the Koru Property Investments, which is a subsidiary of the Soyak Group based in Turkey.National Bank of Greece (ADR) (NYSE:NBG) shares moved down -1.68% in last trading session and was closed at $5.27, while trading in range of $5.25-$5.46. National Bank of Greece (ADR) (NYSE:NBG) year to date performance is -5.89%.
Netflix, Inc. (NASDAQ:NFLX) managed to just barely sneak back into the positive side, but this morning, it was a different story. As CNBC’s Giovanny Moreano noted on his Twitter feed, shares of the video streaming company’s stock declined 15 of the last 16 trading sessions. Over that period of time, the stock has fallen 19% from its all-time high of $458, which it hit on March 6.Netflix, Inc. (NASDAQ:NFLX) weekly performance is -11.38%. On last trading day company shares ended up $372.28. Netflix, Inc. (NASDAQ:NFLX) distance from 50-day simple moving average is -9.50%. Analysts mean target price for the company is $380.30.