Facebook (NASDAQ FB) acquired Instagram back in 2012. Instagram is a photo and video sharing platform which is having a huge customer base. Facebook had acquired Instagram for a staggering $1 Billion. As it turns out, this was a very wise move from Facebook. Recent valuations have suggested that Instagram is valued at around $35…
On Dec. 8, Oi SA (ADR) (NYSE:OIBR), in accordance with article 157, paragraph 4 of Law No. 6,404/76 (the “Brazilian Corporation Law”) and the Brazilian Securities and Exchange Commission (Comissao de Valores Mobiliarios – CVM) Instruction No. 358/02, continuing with the Material Facts dated November 3, 2014 and November 30, 2014, informs its shareholders and…
MetLife, Inc. (NYSE:MET) issued the following statement after the company was notified by the Financial Stability Oversight Council (FSOC) that it has been designated a non-bank systemically important financial institution (SIFI): “We are disappointed in the FSOC decision. We continue to believe that MetLife is not systemically important under the Dodd-Frank Act’s criteria, and the…
Canadian Natural Resources Limited (NYSE:CNQ) Insider Darren Fichter unloaded 2,000 shares of the stock on the open market in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $33.49, for a total value of $66,980.00. Canadian Natural Resources Limited (NYSE:CNQ) belongs to Basic Materials sector. Its net profit margin…
Regional Management Corp (NYSE:RM) CEO Michael R. Dunn purchased 75,000 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was purchased at an average price of $13.05 per share, with a total value of $978,750.00. Regional Management Corp. (NYSE:RM) belongs to Financial sector. Its net profit margin is 9.90% and…
Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) securities between May 20, 2010 and November 21, 2014. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) belongs to Basic…
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