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This is the monster that I remember AAPL to be. It took awhile but it was definitely worth the wait. Go APPL!
Looks like profit takers are done and we are heading back to another green day. You can do it BAC!
This could go back to the 30's right before earnings next week. Even Yahoo is admitting that people would rather advertise on FB than Yahoo.
Yahoo, once one of the Web's most successful companies, has seen its revenue stall in recent years as consumers and advertisers favor rivals such as Google Inc and Facebook Inc.
http://finance.yahoo.com/news/yahoo-chairman-fred-amoroso-resigns-221456258.html
Earnings announcement for FB: May 01, 2013
Facebook, Inc. is expected* to report earnings on 05/01/2013. The report will be for the fiscal Quarter ending Mar 2013. According to Zacks Investment Research, based on 11 analysts' forecasts, the consensus EPS forecast for the quarter is $0.08.
Read more: http://www.nasdaq.com/earnings/report/fb#ixzz2RIoCUTtc
What is the new symbol?
With the GM deal and the Q1 coming in 7 days. I think this will go up higher until the Q1 release. Holding my shares for a few more days.
There we go! Past 28 and going.
8 more days till 2013 Quarterly Earnings.
Q1 Earnings Conference Call April 18, 2013
1:30 PM PT / 4:30 PM ET
Facebook Launches Partner Categories, 500+ Generic Profiles To Target Ads Better, With Data From Datalogix, Epsilon, Axciom
http://m.techcrunch.com/2013/04/10/facebook-launches-partner-categories-500-profiles-to-target-ads-better-on-mobile-and-desktop-using-data-from-datalogix-epsilon-and-axciom/
Acxiom and Facebook Improve Online Advertising Experience with Partner Categories
http://ca.finance.yahoo.com/news/acxiom-facebook-improve-online-advertising-151000872.html
With the confident in Facebook ads GM decided to come back. Going up and up!
http://www.webpronews.com/facebook-gm-revive-advertising-relationship-after-last-years-pre-ipo-breakup-2013-04
http://money.cnn.com/2013/04/10/technology/gm-facebook/index.html?section=money_mostpopular
Close closer to 28 would be nice.
AH back up to almost HOD
After hour is reflecting the 5B buyback. Loving the result so far.
The Time Is Here: Will Bank of America Raise Its Dividend?
http://www.fool.com/investing/general/2013/03/13/the-time-is-here-will-bank-of-america-raise-its-di.aspx
Nice green day before the big news tomorrow. It will be very interesting to watch BAC today.
The little pullback today is kind of predictable. We had a couple of green days already. At least we closed above 12. More green days next week.
Moving back up. Thanks for those cheap shares. I think we will be back in the 12's next week. Dividend is next Wednesday.
Power hour is almost here. Lets close green.
Bye 11's and hello 12's. 13's will be sooner than expected. BAC is one of my best stock I have.
We are moving to HOD
Dividend is in two in a half more weeks.
http://www.dividend.com/dividend-stocks/financial/money-center-banks/bac-bank-of-america/
I just saw a large trade @ 14:23:23 for 16,145,036 shares of $11.9065. Someone has a huge pocket.
$12 is around the corner. We might close above $12 in power hour.
Nice bounce!
Power hour is coming. Lets go past $11.70.
Are we going back to 12s in one day? Go BAC
What a come back! Go FB
Fourth Quarter 2012 Financial Highlights
Revenue – Revenue for the fourth quarter totaled $1.585 billion, an increase of 40%, compared with $1.13 billion in the fourth quarter of 2011.
Revenue from advertising was $1.33 billion, representing 84% of total revenue and a 41% increase from the same quarter last year. Excluding the impact of year-over-year changes in foreign exchange rates, advertising revenue would have increased by 43%.
Payments and other fees revenue for the fourth quarter was $256 million. As planned, in the fourth quarter of 2012 the company recognized revenue from four months of Payments transactions for accounting reasons detailed in our Form 10-Q filed on October 24, 2012. Adjusting for the $66 million of revenue in the extra month of December, Payments and other fees revenue would have been essentially flat year-over-year.
Facebook Expected to Show Mobile Growth
--Facebook expected to post surge in fourth-quarter revenue Wednesday
--Company is expected to show more traction in mobile-ad business
--Analysts see company reporting a profit of 15 cents a share on revenue of $1.51 billion
By Benjamin Pimentel
Facebook Inc. (FB) is expected to post a surge in fourth-quarter revenue Wednesday afternoon, as analysts believe the social media giant is gaining from a new wave of products and services.
Facebook is expected to point to more traction in its mobile ad business. Investors are banking on this, with the company's stock up more than 15% since the year began and up about 40% over the last three months.
But the stock is still down about 19% from its IPO price of $38. Facebook shares slipped more than 5% on Tuesday to close at $30.79, following a sector-wide selloff.
Analysts polled by FactSet on average expect the Menlo Park, Calif.-based company to report a profit of 15 cents a share, on revenue of $1.51 billion. For the year-earlier period, Facebook reported revenue of $1.13 billion, according to regulatory filings with the Securities and Exchange Commission before the company's initial public offering last May.
Mark Mahaney of RBC Capital noted the run-up on the shares and cited several driving factors, including "signs of reduced reliance on Zynga, mobile monetization traction, the passing of lock-up expirations, and a more reasonable valuation floor." He rates the stock as outperform.
"We continue to like Facebook shares and view the company as arguably the most under-levered name in the Internet sector--i.e., it's the company that has pulled the least number of growth levers to date," he wrote in a note Friday.
Facebook offered investors a pleasant surprise in its last earnings report in October, when it said 14% of its total ad revenue now comes from its mobile business. And some analysts expect the company to report even stronger momentum this time around.
That was partly the basis of an upgrade from Raymond James earlier this week. In raising Facebook to outperform, analyst Aaron Kessler cited "expectation for increasing monetization driven by mobile, new ad formats and international."
Mr. Kessler speculated that mobile ads could now make up about 26% of Facebook's total ad revenue.
Wedbush analyst Michael Pachter said he expects "strong mobile usage and monetization growth" to continue in the fourth quarter.
"Results should reflect management's commitment to sustained revenue and profit growth, while improving the user and marketer experience," he wrote in a note. Mr. Pachter also believed that the share of mobile in Facebook's total ad revenues "should meaningfully increase in the fourth quarter."
Morgan Stanley's Scott Devitt said Facebook's disclosures about its mobile momentum could be key for the stock. "In our view, positive stock catalysts include Facebook reporting total advertising revenue growth of more than 45% year-over-year and mobile revenue comprising more than 25% of total," he wrote.
Write to Benjamin Pimentel at bpimentel@marketwatch.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
I guess I have to buy some more here before the earnings tomorrow. If the earnings is as good as I think it would be than I will make a pretty good short term gain tomorrow.
2 days left till the release of the earning. $$$$$$$$
Earnings is coming out on 1/30/13. Go FB!
https://eresearch.fidelity.com/eresearch/evaluate/fundamentals/earnings.jhtml?stockspage=earnings&symbols=FB
Nice movement on the last few minutes left before the weekend.
Buying some more today as well.
I got it from the news tab within ihub. It is titled Global Payments to Buy Back $125 Million in Stock From Bank of America.
For the full year, the company reported net income of $4.2 billion, or $0.25 per diluted share, compared to $1.4 billion, or $0.01 per diluted share in 2011.
“We enter 2013 strong and well positioned for further growth,” said Chief Executive Officer Brian Moynihan. “Double-digit growth since last year in mortgage production, commercial lending, and Global Markets revenue demonstrates the power of deeper customer and client relationships as we intensify the focus on connecting all our capabilities.”