Facebook Changes Developer Badge System and 4 Hot Stocks Seeing Action Now
Amazon.com Inc. (NASDAQ:AMZN): Current Price: $264.76
CBS and Amazon.com announced an expanded content licensing agreement to bring classic series and hit TV shows from CBS Television Distribution and Showtime Networks to Amazon’s Prime Instant Video service, which will expand the catalog of CBS content available for Prime members to instantly stream and watch for no additional cost.
Deere & Company (NYSE:DE): Current Price: $91.96
FY13 net income attributable to Deere will likely total $3.3 billion, and the company stated that the near-term outlook is being tempered by uncertainties concerning fiscal, economic, and trade issues that are both undermining business confidence and restraining growth. Global agriculture and turf equipment sales are forecast to be raised by about 6 percent for FY13. High commodity prices and strong farm incomes will likely keep supporting a favorable level of demand for farm machinery during the year. Deere’s worldwide sales of construction and forestry equipment are forecast to see a rise of about 3 percent for 2013. This boost reflects a cautious outlook for U.S. economic growth, higher international sales of construction equipment, and flat sales in world forestry markets.
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Comcast Corporation (NASDAQ:CMCSA): Current Price: $41.30
According to Comcast, its deal to acquire GE’s (NYSE:GE) 49 percent interest in NBCUniversal presented an attractive valuation versus media peers and compared to the future value under the 2014/17 redemption structure. The deal will include GE’s expanded commitment for future advertising, and it is to be immediately accretive to EPS and yields double-digit IRRs. These statements were taken from Comcast’s slides for its Q4 earnings conference call.
Bank of America (NYSE:BAC): Current Price: $12.24
Bank of America Merrill Lynch was recognized by Global Finance magazine for the third consecutive year as the Best Overall Bank for Cash Management in North America. Additionally, the magazine named BofA Merrill as repeat winner of Best Bank for Liquidity Management in North America along with being named best Treasury Management Systems & Service Provider of Treasury Analytics for CashPro Accelerate.
Facebook, Inc. (NASDAQ:FB): Current Price: $27.58
The company is making a policy change to its “Preferred Marketing Developers” badge system making it focus on advertisers and agencies who purchased paid ad media on the social network, according to Business Insider, which cited an email to new possible Facebook PMD clients.
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