Facebook Inc (NASDAQ:FB) draws legal complaints on a regular basis for violating user privacy. The social networking giant’s controversial Beacon advertising program would post users’ activities to third-party websites, and has received widespread criticism from thousands of users. There are sponsored stories that post your photos and names alongside ads. And then there is the unsolicited use of facial recognition. The list continues as Facebook finds more ways to use the user data it has collected. Facebook Inc (NASDAQ:FB) shares after opening at $67.19 moved to $67.36 on last trade day and at the end of the day closed at $64.10. Company price to sales ratio in past twelve months was calculated as 20.01 and price to cash ratio as 13.76. Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -6.75%.
That reported noted that companies like International Business Machines (NYSE:IBM), Caterpillar (NYSE:CAT), and United Technologies (NYSE:UTX) “expressed a lack of support for a new repatriation effort.” The current system of repatriation was put into place by the 2004 America Jobs Creation Act as a means to spur companies to return cash assets to the United States, which proponents of the provision argued would increase domestic investment and job creation. Now, Bloomberg learned through sources familiar with the inquiry, Senate lawmakers are inquiring whether Caterpillar improperly avoided paying taxes to the United States government by moving profits outside the country. A hearing will be held sometime in April. Caterpillar Inc. (NYSE:CAT) shares fell -0.55% in last trading session and ended the day on $96.85. CAT return on equity ratio is recorded as 20.30% and its return on assets is 4.40%. Caterpillar Inc. (NYSE:CAT) yearly performance is 13.73%.
Cytori Therapeutics (NASDAQ:CYTX) announces the first investigator-initiated study evaluating Cytori Cell Therapy as a potential concomitant treatment for Anterior-cruciate ligament (ACL) injury. The study is led by Ramon Cugat, M.D. PhD. Dr. Cugat is President of the Medical Council for the Catalan Soccer Delegation’s Health Insurance Company under the Spanish Soccer Federation, President of the Board of Directors of the Council of the Garcia Cugat Foundation for Regenerative Medicine Research, Professor of the Chair of the Garcia Cugat Foundation at CEU Cardenal Herrera University, Director of the Orthopaedic Surgical Department in Hospital Quiron, Barcelona, Spain and Head of Trauma and Orthopaedic Surgery in Mutua Patronal Montañesa. Cytori Therapeutics Inc. (USA) (NASDAQ:CYTX) shares moved down -4.68% in last trading session and was closed at $2.85, while trading in range of $2.75-$3.05.Cytori Therapeutics Inc. (USA) (NASDAQ:CYTX) year to date performance is 10.89%.
The Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) on Feb. 12 announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2013. For the fourth quarter of 2013, Ctrip reported total revenues of RMB1.5 billion (US$252 million), representing a 31% increase from the same period of 2012.Total revenues for the fourth quarter of 2013 decreased by 7% from the previous quarter. Net income attributable to Ctrip’s shareholders for the fourth quarter of 2013 was RMB261 million (US$43 million), representing an increase of 36% from the same period in 2012 and a decrease of 30% from the previous quarter. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) weekly performance is -3.98%. On last trading day company shares ended up $47.79. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) distance from 50-day simple moving average is 4.87%. Analysts mean target price for the company is $51.95.