Facebook Inc. (NASDAQ:FB) rolled out a new service that it envisions will distribute ads across a network of mobile applications, opening the door to a new source of revenue for the Internet social network. The service, which the world’s No. 1 social network has been working on for some time, allows mobile-app makers to insert various types of ads within their software, with Facebook sharing advertising dollars with the developers. Facebook Inc. (NASDAQ:FB) shares after opening at $57.58 moved to $59.85 on last trade day and at the end of the day closed at $59.78. Company price to sales ratio in past twelve months was calculated as 17.19 and price to cash ratio as 12.14. Facebook Inc. (NASDAQ:FB) showed a negative weekly performance of -2.57%.
Pepco Holdings Inc. (NYSE:POM) the century-old Washington-based utility scorned in recent years for its service lapses, has agreed to be acquired by nuclear energy giant Exelon in an all-cash deal that would cement Chicago-based Exelon’s hold on the Mid-Atlantic power market. Pepco Holdings, Inc. (NYSE:POM) shares advanced 17.42% in last trading session and ended the day on $26.76. POM return on equity ratio is recorded as -15.00% and its return on assets is -4.30%. Pepco Holdings, Inc. (NYSE:POM) yearly performance is 25.16%.
Energizer Holdings Inc. (NYSE:ENR) said it plans to split into two publicly traded companies by separating its ailing battery business from its better performing Schick razors and other personal-care brands. Disposable batteries, which for decades powered a wide range of consumer electronics and children’s toys, have become an industry in permanent decline as consumers shift to smartphones and tablets that have rechargeable batteries built in. Sales of batteries in the U.S. fell 5.1% to $2.9 billion in the year that ended in March, according to market research firm IRI. Unit sales of alkaline batteries were down 9%, the data showed. Energizer Holdings, Inc. (NYSE:ENR) shares moved up 14.31% in last trading session and was closed at $111.69, while trading in range of $110.50 – $115.79. Energizer Holdings, Inc. (NYSE:ENR) year to date (YTD) performance is 3.72%.
General Motors Company (NYSE:GM) has teamed up with a sustainable agriculture group to build what it calls “the first shipping container homestead” in Detroit, complete with a working farm. General Motors Company (NYSE:GM) weekly performance is 0.26%. On last trading day company shares ended up $34.48. General Motors Company (NYSE:GM) distance from 50-day simple moving average (SMA50) is -1.20%. Analysts mean target price for the company is $43.27.