Facebook Inc. (NASDAQ:FB) made an official statement, revealing that it hired the President of EBay’s PayPal unit – Mr. David Marcus to head its mobile messaging division. This move of the social network is due to the company’s attempt to become more competitive and expand its reach in what is said to be a fast-growing business. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is -0.32%. On last trading day company shares ended up $62.88. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 4.46%.
Yahoo! Inc (NASDAQ:YHOO) will be removing Google (NASDAQ: GOOG) and Facebook (NASDAQ: FB) logins from its popular Flickr photo sharing app. The company had previously announced that only Yahoo logins would be active on both Fantasy Sports and Flickr. While the changes have already been made to Fantasy Sports, they will become effective on Flickr by Jun 30. The change will not affect paid services like Flickr Pro. Yahoo! Inc. (NASDAQ:YHOO) shares advanced 0.33% in last trading session and ended the day on $36.04. Gross Margin is 71.50% and its return on assets is 8.00%. Yahoo! Inc. (NASDAQ:YHOO) quarterly performance is -5.28%.
Metlife Inc (NYSE:MET) the largest U.S. life insurer, announced its first stock buybacks since 2008 as Chief Executive Officer Steven Kandarian seeks to reward investors. The insurer will repurchase as much as $1 billion of common stock utilizing existing authorizations from the board of directors, New York-based MetLife said in a statement. Metlife Inc (NYSE:MET) shares moved down -0.26% in last trading session and were closed at $54.66, while trading in range of $54.32 – $55.21. Metlife Inc (NYSE:MET) year to date (YTD) performance is 2.69%.
Taser International Inc (NASDAQ:TASR) made the following announcement: On June 9, 2014, Dr. Matthew McBrady notified the Company he is resigning from the Board of Directors of TASER International, Inc. effective immediately. On June 9, 2014, Bret Taylor, age 33, was appointed to the Board of Directors of TASER International, Inc. effective immediately. There are no arrangements or understandings between Mr. Taylor and any other persons pursuant to which Mr. Taylor was selected as a director. Compensation for Mr. Taylor consists of an initial restricted stock award with the grant date fair value of $100,000 vesting annually over 4 years, annual restricted stock-incentive award with a grant date fair value of $80,000 with vesting over 3 years and annual cash compensation of $35,000. TASER International, Inc. (NASDAQ:TASR) ended the last trading day at $13.53. Company weekly volatility is calculated as 2.80% and price to cash ratio as 11.61. TASER International, Inc. (NASDAQ:TASR) showed a positive weekly performance of 1.58%.
B/E Aerospace, Inc. (NASDAQ:BEAV) the world’s leading manufacturer of aircraft cabin interior products and the world’s leading provider of aerospace fasteners, consumables and logistics services, announced that the Company’s Board of Directors has commenced a process to separate its industry-leading businesses into two independent, publicly traded companies — one focused on aircraft cabin interior equipment – design, development, manufacturing, certification and direct sales on a global basis (“Manufacturing Co.”), and the other focused on distribution, logistics and technical services for the aerospace and energy services markets (“Services Co.”). B/E Aerospace Inc (NASDAQ:BEAV) net profit margin is 10.50% and weekly performance is 2.35%. On last trading day company shares ended up $98.88. Analysts mean target price for the company is $102.30. B/E Aerospace Inc (NASDAQ:BEAV) distance from 50-day simple moving average (SMA50) is 8.70%.