Why Facebook is modifying its 401k plans

If you thought saving for retirement was difficult, it got even more strenuous at Facebook Inc. (NASDAQ:FB). However, Facebook isn't the only company engaging in such practices. Other companies have decided to alter their 401(k) plans, as well. Some of the strategies include … [Read more...]

Facebook shares given a “Hold” recommendation and “C” rating: How long will it last?

On February 07, 2014, The Street Ratings team issued a "Hold" recommendation for Facebook (FB) while giving it a "C" rating. As of 2:38 p.m on Friday, the stock rose 2.94%, reaching a share price of $63.99. The Street Ratings team defended their position by stating, "The company's … [Read more...]

Facebook (FB) and Apple (AAPL) Remain Friends, Not Speaking to Google (GOOG)

While Facebook Inc (NASDAQ:FB) and Apple Inc. (NASDAQ:AAPL) remain friends, the social network is no longer on speaking terms with Google Inc (NASDAQ:GOOG). During a conference call that followed his company’s Jan. 30 earnings report, Facebook CEO Mark Zuckerberg explained Facebook … [Read more...]