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Los Angelas, CA -- (SBWIRE) -- 10/12/2012 -- Facebook Inc. (NASDAQ:FB) is allegedly catching heat in the United Kingdom as it did not pay its fair share in taxes. The Guardian reported that Facebook Inc. paid £275,000 ($440,063) in 2011 to its British workers while an amount of only £195,890 ($313,469) was paid to the Treasury.The newspaper further added that Facebook Inc. (NASDAQ:FB) revealed 2011 U.K. earnings of £20.4 million ($32.64 million) to Companies House, an amount far below the expectations of analysts. Analysts anticipated minimum earnings of £175 million ($280.04 million).FB's price increased in the last trading session with a previous 52-week high of $45.00. The stock was trading on below-average volume. The stock traded at a volume of 21.80 million shares at a price gain of 0.56%. The share price is now down -35.71% for the past three months. The latest closing price was -3.53% below its 50-day moving average and -21.38% below its 200-day moving average.
How Should Investors React To FB Now? Find Out Here
Alcoa Inc. Common (NYSE:AA) is very active today and traded between $8.76 - 8.84 with total traded volume of 672618 shares. At a current price of 8.82, AA is +0.05 - +0.57% from the previous close of $8.77. Moreover, At Current Market Price, AA is in distance of -1.62% from its 50-day Moving Average price of $8.9649 and -1.40% from its 200-day Moving Average price of $8.9449.AA reported third quarter income from continuing operations of $0.03 per share after the bell Tuesday, which topped the consensus estimate of break-even earnings. Alcoa also cuts its 2012 global aluminum demand growth forecast to 6% from its prior forecast of 7% growth, citing a slowdown in China. Alcoa fell in early trade Wednesday, but settled into a range for the majority of the session. The stock closed down by 0.42 at $8.71 on the highest volume in 3 months. Alcoa finished at the lower end of a 2 1/2 week range.
Can AA Find The Top further? Click Here
Chesapeake Energy Corporation(NYSE:CHK) shares climbed 4.07% and closed at $20.14 in the previous trading session after Dow Jones reported that Chesapeake Energy is selling a swath of land in an oil-and-gas play. CHK is selling more than 28,000 net acres in the Granite Wash and Hogshooter Wash areas in western Oklahoma. The sale would leave Chesapeake about 2,000 net acres in the area. Chesapeake Energy Corporation (NYSE: CHK) is selling more than 28,000 net acres in an oil-and-gas play in western Oklahoma to help plug a gap between cash flow and expenses. It reported EPS in 3.006. For the Current Fiscal year, the company is expected to report EPS of 0.45. For the Next Quarter and Next Year, the company is expected to report EPS of 0.12 and 1.35 respectively. At Current Market Price, CHK is in the distance of +2.89% from its 50-day Moving Average price of $19.516 and +7.47% from its 200-day Moving Average price of $18.685.
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Research In Motion Limited (NASDAQ:RIMM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services, RIM provides platforms and solutions for seamless access to information, including e-mail, voice, instant messaging, short message service (SMS), Internet and intranet-based applications and browsing. RIM technology also enables an array of third party developers and manufacturers to enhance their products and services through software development kits, wireless connectivity to data and third-party support programs.Research In Motio (NasdaqNM:RIMM) is very active today and traded between $7.86 - 7.99 with total traded volume of 745977 shares. At a current price of 7.92, RIMM is +0.01 - +0.13% from the previous close of $7.91. Moreover, At Current Market Price, RIMM is in the distance of +8.85% from its 50-day Moving Average price of $7.276 and -16.38% from its 200-day Moving Average price of $9.4719.
Can RIMM Recover? Find Out Here
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