Facebook Inc (NASDAQ:FB) [Detail Analytic Report] made what seemed to be a negligible declaration when it declared Indian subscribers can have Facebook notifications given to them through a mobile web browser called UCWeb. Almost 41% of Indian smartphone owners who by now utilize UCWeb, it doesn’t looks very innovative and the deal is not possibly to hurt revenues at either firm by much. Besides India, it got nearly no media coverage. But it shows a huge move for Facebook. The reason is UCWeb is a Chinese app, completely owned by the Chinese internet conglomerate Alibaba, and Jack Ma, Alibaba’s CEO, holds its board. With China doubtful to remove its ban on Facebook (in place on the mainland from 2009), CEO Mark Zuckerberg requires to find alternative methods for his firm to tap China’s 600 million-plus users.
InvenSense, Inc. (NYSE:INVN) [Detail Analytic Report] declared the firm nominate Usama M. Fayyad to its BOD. The election of Mr. Fayyad extends the size of board of the firm to nine members. Behrooz Abdi, President and CEO of the firm stated that Usama`s practice in business applications associated to data science, data mining and cloud strategy through several industries will immediately deliver valuable visions to their executive and development crews. His proficiency in data strategy, allowing enterprises to develop and understand Big Data solutions will be a significant asset to the firm and they look forward to working with him.
Plug Power Inc. (NASDAQ:PLUG) [Detail Analytic Report] reported that it will host its January Business Update symposium call on January 28, 2015. On this call Andy Marsh, CEO, and Paul Middleton, CFO of the firm will deliver a general business status update. Shares of Plug Power plunged -0.39% during Friday trading session as the firm declared that it will announce its fourth quarter 2014 earnings on March 11, 2015. Whereas, the recommendation trends from street professionals were raked as; stock rated at “Strong Buy” by 1 analyst, while 1 analyst rate as a “Buy” security and 1 out of analysts pool recommend “Hold”. The Wall Street consensus average estimates for latest quarter revenue are $26.67 Million, at the same time as 3 experts forecast $26.20 Million revenues for the next three months of 2015.
Author: Devon Leftovich