Chief Executive Mark Zuckerberg said at Facebook Inc (NASDAQ:FB)’s developer conference in San Francisco on Wednesday that a new version of Facebook’s log-in tool, called “log in anonymously,” would let users control what information they allow third-party apps to see. He told developers the tool would let users feel more comfortable about logging into apps using Facebook. Facebook Inc (NASDAQ:FB) shares after opening at $60.43 moved to $62.28 on last trade day and at the end of the day closed at $61.15 . Company price to sales ratio in past twelve months was calculated as 17.58 and price to cash ratio as 12.41. Facebook Inc (NASDAQ:FB) showed a positive weekly performance of 0.46%.
LabStyle Innovations Corp. (OTCQB:DRIO), developer of the Dario™ Diabetes Management Solution, announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for core patent claims covering the company’s personalized blood glucose monitoring device. LabStyle Innovations Corp (OTCBB:DRIO) shares advanced 6.62% in last trading session and ended the day on $1.45.
Sohu.com Inc (NASDAQ:SOHU) posted its quarterly earnings results on Monday. The company reported ($1.26) earnings per share for the quarter, missing the analysts’ consensus estimate of ($1.23) by $0.03, AnalystRatingsNetwork reports. The company had revenue of $365.00 million for the quarter, compared to the consensus estimate of $365.92 million. Sohu.com Inc (NASDAQ:SOHU) shares moved up 1.70% in last trading session and was closed at $56.11 while trading in range of $55.45 – $57.25 – Sohu.com Inc (NASDAQ:SOHU) year to date (YTD) performance is -23.06%.
Canadian Solar Inc. (NASDAQ:CSIQ) one of the world’s largest solar power companies, announced that the National Bank of Canada will provide the Company with C$115.5 million, in short-term construction financing. The credit facility will be used to support the construction of three solar power projects in Ontario, Canada, totaling 30 MWac. Canadian Solar Inc. (NASDAQ:CSIQ) weekly performance is -10.39%. On last trading day company shares ended up $27.51. Canadian Solar Inc. (NASDAQ:CSIQ) distance from 50-day simple moving average (SMA50) is -17.15%. Analysts mean target price for the company is $48.77.