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Facebook Inc (NASDAQ:FB) stock fell 1.45% to $26.46. Instagram, Facebook Inc.'s popular photo-sharing service, now has 100 million users.
Additionally, the company is finally set to announce it’s much awaited and often rumored acquisition of Microsoft Corporation’s Atlas Solutions today, according to the two sources familiar with the matter said recently.Ad Age, earlier this month, reported that the deal was almost done. There are possibilities of delay, like other announcements, but both parties are reportedly looking forward to announce the deal today.
Can FB Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
Kohl's Corporation (NYSE:KSS) stock dropped 0.41% to $46.42 after the company today reported a foruth quarter profit of $378 million, or $1.66 a share, down from $455 million, or $1.81 a share, a year earlier. Kohl's had forecast earnings of $1.60 to $1.62. Gross margin fell to 33.3% from 36.2%. Meanwhile, overhead costs grew 2.9%. Kohl's recently reported that total sales rose 5.45% to $6.34 billion.
How Should Investors Trade KSS After The Recent Volatile Moves? Find Out Here
Medical Properties Trust, Inc. (NYSE:MPW) shares declined 0.41% to $14.60 in the early hour after the company today announced that it has priced its underwritten public offering of 11,000,000 shares of common stock at $14.25 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its common stock. The offering is up from the original proposal of 9 million shares.
Is MPW Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
AT&T Inc. (NYSE:T) stock jumped 0.92% to $36.17. The company invested more than $150 million in its West Virginia wireless and wireline networks from 2010 through 2012, with a focus on expanding 4G mobile Internet coverage and enhancing the overall performance of its networks.
Additionally, AT&T yesterday announced an agreement with OnStar, LLC, a subsidiary of General Motors Corporation (GM), to wirelessly deliver an enhanced suite of safety, security, diagnostic and infotainment services to most Chevrolet, Buick, GMC and Cadillac vehicles, beginning in 2014 in the United States and Canada.
Can T Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
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