Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Facebook    FB

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

S&P, Dow flat as healthcare losses offset by tech, media gains

share with twitter share with LinkedIn share with facebook
share via e-mail
12/14/2017 | 07:21pm CET
Traders work on the floor of the NYSE in New York

The S&P 500 and the Dow were trading flat in early afternoon on Thursday as losses in healthcare stocks such as Johnson & Johnson were offset by gains in shares of technology and consumer discretionary companies.

Walt Disney (>> Walt Disney Company (The)) struck a deal to buy Twenty-First Century Fox's (>> Twenty-First Century Fox) assets for $52.4 billion in stock.

Fox rose 4.12 percent and Disney 2.2 percent, boosting the consumer discretionary sector <.SPLRCD> by 0.5 percent. Other media stocks Netflix (>> Netflix) and Comcast (>> Comcast Corporation) were also higher.

Gains in technology stocks Alphabet (>> Alphabet) and Facebook (>> Facebook) lifted the Nasdaq up 0.15 percent to 6,886.32.

Healthcare stocks <.SPXHC> were the biggest laggards, led by a 0.7 percent fall in Johnson & Johnson (>> Johnson & Johnson) and 1.3 percent fall in AbbVie (>> AbbVie).

The Dow Jones Industrial Average <.DJI> was up 0.04 percent at 24,594.28, while the S&P 500 <.SPX> was down 0.02 percent, at 2,662.32.

Indexes were still hovering near record levels on optimism over the progress in Republican-led tax overhaul and the Federal Reserve's economic growth projection.

A final tax bill could be unveiled by Friday, with decisive votes expected next week in both chambers.

The Fed on Wednesday raised interest rate by a quarter-percentage-point for the third time in 2017 and raised its 2018 economic growth forecast to 2.5 percent from 2.1 percent.

"Talks on tax reforms and the Fed announcement brings confidence in the fact that the economy is still moving in a positive and sustained fashion," said Paul Springmeyer, investment managing director at U.S. Bank Private Wealth Management.

"You've seen some M&A activity hit the screens that is driving some interest as well - that's a three-legged soul that's moving the market."

Growth outlook was also bolstered by data that showed a better-than-expected increase in U.S. retail sales in November.

The number of Americans filing for unemployment benefits fell to near a 44-1/2-year low last week.

Telecom service providers Verizon (>> Verizon Communications), AT&T (>> AT&T) and CenturyLink (>> Centurylink Inc) were down between 0.7 percent to 1 percent and weighed on the S&P telecom index <.SPLRCL>.

Declining issues outnumbered advancers on the NYSE by 1,485 to 1,365. On the Nasdaq, 1,523 issues fell and 1,314 advanced.

(Reporting by Rama Venkat Raman and Sruthi Shankar in Bengaluru; Editing by Arun Koyyur)

By Rama Venkat Raman and Sruthi Shankar

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on FACEBOOK
07:21p S&P, Dow flat as healthcare losses offset by tech, media gains
06:17p NEWS FEED FYI : For Video, Intent and Repeat Viewership Matter
02:06p FACEBOOK : Partners With MainOne and Tizeti to Expand Internet Services in Lagos
11:54a CHEETAH MOBILE : Growth Accelerates with 900 million+ Installations of Clean Mas..
11:06a FACEBOOK : For Kids
12/13 FACEBOOK : Messenger’s 2017 Year in Review
12/13 SINGAPORE AIRLINES : Launches Chatbot for Customer Queries
12/13 Big firms call on EU to set 35 percent renewable power supplies target
12/13 FACEBOOK : to stop routing its tax through Ireland in huge overhaul
12/13 FACEBOOK : to pay taxes locally, not through Ireland
More news
News from SeekingAlpha
12:46p TWITTER : Audience Engagement Catalysts
12:06p Gold Rush To Tech Rush
08:39a Can Snap Inc. Snap Back?
07:31a Market Celebrated Rate Hike - Cramer's Mad Money (12/13/17)
07:15a Facebook And Alphabet Will No Longer Be Technology Companies
Financials ($)
Sales 2017 40 204 M
EBIT 2017 19 412 M
Net income 2017 17 466 M
Finance 2017 34 213 M
Yield 2017 -
P/E ratio 2017 30,53
P/E ratio 2018 26,98
EV / Sales 2017 12,0x
EV / Sales 2018 8,80x
Capitalization 518 B
Duration : Period :
Facebook Technical Analysis Chart | FB | US30303M1027 | 4-Traders
Technical analysis trends FACEBOOK
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 45
Average target price 207 $
Spread / Average Target 16%
EPS Revisions
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
FACEBOOK56.58%518 106
TWITTER INC28.90%16 089
LINE CORP21.70%9 647
MATCH GROUP INC71.81%7 812
SINA CORP72.94%7 125
MIXI INC27.40%3 777