Orlando, FL -- (SBWIRE) -- 09/13/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Facebook Inc(NASDAQ:FB), Microsoft Corporation (NASDAQ:MSFT).
Facebook Inc(NASDAQ:FB) shares decreased 0.64% to $44.75. Analysts at Macquarie increased their price target on FB’s shares from $40.00 to $49.00 in a research note to investors on Sept. 9. Now, they have an “outperform” rating on the stock. Separately, analysts at Sterne Agee increased their price objective on company’s shares to $50.00 in a research note to investors on Monday.
Additionally, the company on August 29 said it is considering incorporating most of its 1 billion-plus members' profile photos into its growing facial recognition database, expanding the scope of the social network's controversial technology.
The possible move is intended to improve the performance of its "Tag Suggest" feature. The feature uses facial recognition technology to speed up the process of labeling or "tagging" friends and acquaintances who appear in photos posted on the network.
Are investors worried about the recent updates with FB? Find out with a free trend analysis HERE
Microsoft Corporation (NASDAQ:MSFT) shares declined 0.15% to $32.69. At the International Broadcasters Conference (IBC) on Sept. 13, Microsoft Corp. announced a host of new features to be included in the next version of its digital rights management system, PlayReady, when it is released later this year. This new version of PlayReady will support industry standards including HTML5, Encrypted Media Extensions (EME) and the MPEG-DASH streaming format as well as provide software development kits (SDKs) for iOS and Android.
Additionally, the company on Sept. 3 announced its agreement to acquire Nokia Corporation (ADR) (NYSE:NOK)’s Devices and Services section, including the right to license the patent and to use the mapping services, for €5.44 billion. Under the terms of the agreement, the software giant will also acquire the mobile phone and smartphone business units including the Lumia & Asha brands and related production facilities of the Finnish smartphone manufacturer.
Is MSFT going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)