A.M. Movers: Facebook and Apple Climb Higher, Oracle Pops 1.62%
Shares of Facebook (NASDAQ:FB) jumped 3.54 percent this morning. The company’s chief operating officer, Sheryl Sandberg, sat down with CNBC to discuss the company. She says Facebook is disappointed with what happened in the initial public offering, but “We’re taking that energy and really focusing on proving to the world that we can continue to grow our business, continue to grow our users and their engagement, and build a great company, not just for a quarter, but hopefully for decades and decades.”
Apple (NASDAQ:AAPL) shares edged higher this morning, despite more competition entering the tablet market. Barnes & Noble (NYSE:BKS) recently unveiled its own lighter and thinner high-definition tablets at half the price of Apple’s iPad, and with features and pricing similar to Amazon’s (NASDAQ:AMZN) Kindle Fire. The new tablets ship this month.
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DaVita (NYSE:DVA) shares climbed higher 0n Monday morning. According to a filing with the Securities Exchange Commission, Warren Buffett’s Berkshire Hathaway (NYSE:BRKA) owns more than 10 percent of the dialysis clinic operator.
Shares of Oracle (NASDAQ:ORCL) gained more than 1 percent on Monday. Reuters reports, “Phone maker Nokia Oyj said on Monday it has signed a deal that will give Oracle Corp’s customers access to its mapping services. It said Oracle customers can now combine Nokia maps with Oracle applications.”
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