Tech Review: Facebook Inc (NASDAQ:FB), Intel Corporation (NASDAQ:INTC), Baidu.com, Inc. (ADR)(NASDAQ:BIDU)
Facebook Inc(NASDAQ:FB) shares increased 0.61% to $50.54. Deutsche Bank analysts on Sept. 30 have detailed that Facebook Newsfeeds are undersold. Analysts have used eCPM for mobile to derive key drivers in all revenue areas.
Can Traders Buy FB After The Sharp Rise? Get Free Trend Analysis Here
Additionally, the company is laying down a new gauntlet in its battle with Twitter to dominate online conversation around television: more data for broadcasters.
This week, Facebook says it will begin sending weekly reports to America’s four largest television networks, offering a glimpse of how much chatter their shows are generating on the social network. The reports will reveal how many “actions” — likes, comments, or shares — a television episode has inspired on Facebook and how many members participated in an action.
Intel Corporation (NASDAQ:INTC) shares declined 0.05% to $22.91. The company on Sept. 30 confirmed that it would hire some 800 full-time employees and 200 contract workers from the Israeli branch of chip giant Micron, after the Boise-based company announced last year that it would shut down operations at its Kiryat Gat plant. Under the deal, Intel will also take over the plant — which Intel itself built 15 years ago, before constructing its more up-to-date Fab 28 plant right next door in 2006.
Is INTC A Strong At The CMP? Get Advantage Of Our Free Trend Analysis Here
Additionally, the company’s ‘s board of directors has declared a quarterly dividend of 22.5 cents per share (90 cents per share on an annual basis) on the company’s common stock. The dividend will be payable on Dec. 1, 2013, to stockholders of record on Nov. 7, 2013.
Baidu.com, Inc. (ADR)(NASDAQ:BIDU) shares declined 0.12% to $154.91. Qunar Cayman Islands Ltd., an online travel service provider controlled by Baidu Inc. (BIDU), seeks to raise as much as $125 million in the biggest U.S. initial public offering by a Chinese company in two years.
Is BIDU A Good Buy After The Recent Price Movement? Find Out Here
Qunar, which runs China’s most popular mobile travel app, plans to sell American depositary shares and to list on the New York Stock Exchange, according to its filing to the U.S. Securities and Exchange Commission on Oct. 1. Goldman Sachs Group Inc. and Deutsche Bank AG are lead underwriters of the deal.