Samsung Electronics saw its market share in tablet PCs reach a record-high level in the first quarter of the year, data showed Tuesday, narrowing its gap with U.S. rival Apple Inc. (NASDAQ:AAPL). The world’s biggest smartphone maker took up 22.6 percent of the global tablet PC market by shipping 12.8 million units of such devices in the January-March period, the data by market researcher Strategy Analytics showed. Apple Inc. (NASDAQ:AAPL) stock performance was 1.24% in last session and finished the day at $592.83. Traded volume was 7,580,534 shares in the last session and the average volume of the stock remained 9.91 million shares. The beta of the stock remained 0.93 Apple Inc. (NASDAQ:AAPL) insider ownership is 0.04%.
General Motors Company (NYSE:GM) has been giving all of its stores makeovers in the U.S. in an effort to bring consistency to its car shopping experience. Bryce Bender, co-owner of the Bender family of dealerships in Clovis, said the Chevrolet dealership has updated the building to become one of the “state of the art buildings in Clovis.” Bender said the renovations, which look to improve the customer experience and efficiency, took eight months to complete. Bender declined to comment on how much the renovations cost, but said the money spent on renovations by Bender would be matched by GM. General Motors Company (NYSE:GM) rose 1.72% percent to $34.82 yesterday on volume of 9,440,407 shares. The intra-day range of the stock was $34.38 – 34.94. General Motors Company (NYSE:GM) has a market capitalization of $ 55.84 billion.
Weibo, China’s answer to microblogging service like Twitter Inc (NYSE: TWTR) which includes Alibaba as major shareholder, raised a smaller sum in April than what was envisaged. The microblogging company, however, has seen its share price rise since it debut. Twitter Inc (NYSE:TWTR)’s stock on May 12, 2014 reported a increase 5.90% to the closing price of $33.94. Its fifty two weeks range is $29.51 – 74.73. The total market capitalization recorded $ 19.34 billion. The overall volume in the last trading session was 34,574,712 shares. In its share capital, Twitter Inc(NYSE:TWTR) has 589.94 million outstanding shares.
Facebook Inc (NASDAQ:FB)said it may consider opening a sales office in China to provide more support to local advertisers who use the website to reach customers overseas. While Vaughan Smith, Facebook’s vice-president of corporate development, told Reuters it was exploring ways to provide even more support locally, he did not comment on how soon it plans to be in China. On Friday, shares of Facebook Inc (NASDAQ:FB)advanced 4.52% to close the day at $59.83. Company return on investment (ROI) is 9.70% and its monthly performance is recorded as 1.13%. Facebook Inc (NASDAQ:FB)quarterly revenue growth is -5.85%.