Tech Movers: Facebook Inc (NASDAQ:FB), Zynga Inc (NASDAQ:ZNGA), Nokia Corporation (ADR) (NYSE:NOK), Baidu Inc (ADR) (NASDAQ:BIDU), Twitter Inc (NYSE:TWTR)

Facebook Inc (NASDAQ:FB) CTO Michael Todd Schroepfer sold 20,000 shares of the company’s stock on the open market in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $63.53, for a total value of $1,270,600.00. Following the completion of the transaction, the chief technology officer now directly owns 182,485 shares in the company, valued at approximately $11,593,272. Facebook Inc … Continue reading Tech Movers: Facebook Inc (NASDAQ:FB), Zynga Inc (NASDAQ:ZNGA), Nokia Corporation (ADR) (NYSE:NOK), Baidu Inc (ADR) (NASDAQ:BIDU), Twitter Inc (NYSE:TWTR)

Watch List: The Blackstone Group (NYSE:BX), BK, United Technologies Corporation (NYSE:UTX), LinkedIn Corp (NYSE:LNKD), Baidu Inc (ADR) (NASDAQ:BIDU)

Deutsche Bank AG (DBK) agreed to sell the Cosmopolitan of Las Vegas NV hotel & casino to Blackstone Group LP (NYSE:BX) for $1.73 billion in cash, ending a six-year money-losing venture in to casino development. “The bank is committed to reducing its non-core legacy positions in a capital-efficient manner which benefits shareholders,” The Blackstone Group L.P. (NYSE:BX) stock performance was 0.42% in last session and … Continue reading Watch List: The Blackstone Group (NYSE:BX), BK, United Technologies Corporation (NYSE:UTX), LinkedIn Corp (NYSE:LNKD), Baidu Inc (ADR) (NASDAQ:BIDU)

B/E Aerospace Inc (NASDAQ:BEAV), which makes products for commercial aircraft and business jets, is planning to separate into two independent, publicly traded companies. One of the businesses will concentrate on aircraft cabin interior equipment. This includes design, development, manufacturing, certification and direct sales worldwide. The business is currently known as Manufacturing Co. B/E Aerospace Inc (NASDAQ:BEAV) stock performance was -4.78% in last session and finished … Continue reading Investor’s Watch List: B/E Aerospace (NASDAQ:BEAV), Qiwi PLC (NASDAQ:QIWI), Deutsche Bank AG (USA) (NYSE:DB), HSBC Holdings plc (NYSE:HSBC), Baidu Inc (NASDAQ:BIDU)

SINA Corp (NASDAQ:SINA) anticipates weaker revenue in the current quarter because of the recent license revocation. The company expects 2Q revenue to come between $177 and $182 million at a time when analysts expected $197.7 million for the quarter. SINA Corp (NASDAQ:SINA) earned 15 cents per share in 1Q, meeting the consensus estimate in the process. Revenue for the quarter came in at $171.50 million, … Continue reading Watch List: SINA Corp (NASDAQ:SINA), Baidu Inc (ADR) (NASDAQ:BIDU), Qihoo 360 Technology Co Ltd (NYSE:QIHU), Twenty-First Century Fox Inc (NASDAQ:FOXA)

Sina recently led an initial public offering for Weibo Corp. (NASDAQ: WB) in which it holds a majority stake. The IPO was less than a smashing success and then the government withdrew two of its publication and distribution licenses for what the government said was “lewd and pornographic content.” Weibo Corp (ADR) (NASDAQ:WB) stock performance was 4.25% in last session and finished the day at … Continue reading Hot Movers: Weibo Corp (ADR) (NASDAQ:WB), Baidu Inc (ADR) (NASDAQ:BIDU), SINA Corp (NASDAQ:SINA), Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T)

Blackberry Ltd. (NASDAQ:BBRY) has recorded an all-time low sales with 0% market share in Spain, Japan and China. The company has recorded negative sales growth in almost all countries except America and Australia in which it has shown a meager growth of 0.3%. Blackberry has failed to impress users with its limited apps and stagnant technology. BlackBerry Ltd (NASDAQ:BBRY) stock performance was 0.14% in last … Continue reading Tech Stocks: BlackBerry Ltd (NASDAQ:BBRY), Nokia Corporation (ADR) (NYSE:NOK), Baidu Inc (ADR) (NASDAQ:BIDU), Qihoo 360 Technology (NYSE:QIHU)