Stocks In News; Facebook Inc (NASDAQ:FB), Weibo (NASDAQ:WB), Linn Energy LLC (NASDAQ:LINE), International Business Machines Corp. (NYSE:IBM), Trina Solar (NYSE:TSL)

Facebook Inc. (NASDAQ:FB) announced that it will purchase smartphone-messaging app company WhatsApp Inc. for $19 billion in cash and stock. Facebook Inc (NASDAQ:FB) stock performance was -1.09% in last session and finished the day at $62.50. Traded volume was 42.44million shares in the last session and the average volume of the stock remained 66.19million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%. U.S. Generally Accepted … Continue reading Stocks In News; Facebook Inc (NASDAQ:FB), Weibo (NASDAQ:WB), Linn Energy LLC (NASDAQ:LINE), International Business Machines Corp. (NYSE:IBM), Trina Solar (NYSE:TSL)

Hot Watch List: SINA Corp (NASDAQ:SINA), Weibo Corp (ADR) (NASDAQ:WB), Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T), Volkswagen AG (ADR) (OTCMKTS:VLKAY)

The country’s Internet censors have taken a more aggressive approach since President Xi Jinping came to power in 2012. Over the past year, the government has cracked down on online commentators, formed a high-level committee to address Internet security, and run an unprecedented antipornography campaign that led to the revocation of two online-publication and distribution licenses held by Internet portal Sina Corp (NASDAQ:SINA). SINA Corp … Continue reading Hot Watch List: SINA Corp (NASDAQ:SINA), Weibo Corp (ADR) (NASDAQ:WB), Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T), Volkswagen AG (ADR) (OTCMKTS:VLKAY)

Galectin Therapeutics Inc. (NASDAQ:GALT) will present at the Jefferies 2014 Global Healthcare Conference in New York City. Galectin Therapeutics Inc. (NASDAQ:GALT) stock performance was 3.20% in last session and finished the day at $13.22. Traded volume was 165.10K shares in the last session and the average volume of the stock remained 417.97K shares. The beta of the stock remained 1.62. Galectin Therapeutics Inc. (NASDAQ:GALT) insider … Continue reading Market Movers: Galectin Therapeutics Inc. (NASDAQ:GALT), Sagent Pharmaceuticals Inc (NASDAQ:SGNT), Weibo Corp (ADR) (NASDAQ:WB), Qihoo 360 Technology Co Ltd (NYSE:QIHU)

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)

Weibo Corp. (ADR) (NASDAQ:WB)’s net loss more than doubled in the first quarter as the Chinese microblogging service controlled by Sina Corp. (SINA:US) spent more to attract users. The first-quarter net loss was $47.4 million, compared with a loss of $19.2 million a year earlier, the Beijing-based company said in a statement yesterday. The loss matched the preliminary estimate provided in its listing prospectus. Weibo … Continue reading Stocks To Watch: Weibo Corp (NASDAQ:WB), Hanwha Solarone (NASDAQ:HSOL), RMG Networks Holding Corporation (NASDAQ:RMGN), Quality Systems (NASDAQ:QSII), Sify Technologies (NASDAQ:SIFY)

MeetMe Inc (NASDAQ:MEET) announced its earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.06, AnalystRatingsNetwork.com reports. The company had revenue of $9.50 million for the quarter, compared to the consensus estimate of $9.38 million. MeetMe Inc (NASDAQ:MEET) stock performance was -0.87% in last session and finished the day at $2.27. Traded … Continue reading HoT STocks: MeetMe Inc (NASDAQ:MEET), Baidu Inc (ADR) (NASDAQ:BIDU), Yelp Inc (NYSE:YELP), Weibo Corp (ADR) (NASDAQ:WB), SouFun Holdings Ltd (NYSE:SFUN)