Sponsored by Oregon Business

Facebook stock climbs 8%

| Print |  Email
Monday, November 26, 2012

Forbes: Facebook investors got a happy surprise as the stock soared 8%. The rise was due in part to an upgrade from analyst Carlos Kirjner from Market Perform to Outperform.

With now two full quarters under its belt as a public issue, Facebook and its leaders understand what the company must do to regain investor trust and truly answer the question that has most investors puzzled – “what is the value of social media?” In the meantime, investors as well as analysts continue to believe in Facebook’s new direction, which many call “tuning the page.”

The company’s mission is now clear – It wants to make money and return value to shareholders. This was evident in its most recent quarter as ad revenue soared year-over-year by 43% and equally impressive was that it represented a 33% increase from the previous quarter. That Facebook was able to accomplish this in one of the most difficult periods for most tech companies speaks to the level of execution of which the company is capable. Investors should find this particularly encouraging – at least it’s been enough to warrant the bullish calls as noted above.

Read more.

 

More Articles

Umbrella Revolution

March 2015
Monday, February 23, 2015

Yeah, we know: Oregonians are way too cool for umbrellas. But today’s stylish, high-tech models will soften the resistance of the most rain hardened.


Read more...

Get on the bus!

April 2015
Thursday, March 19, 2015
BY APRIL STREETER

How the private sector can ride the next transit revolution.


Read more...

Beyond Bodegas

April 2015
Friday, March 27, 2015
BY JACOB PALMER

Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development. 


Read more...

Green Rush: Cashing in on legal marijuana

March 2015
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR

Marijuana is big business in Oregon, and it’s about to get bigger.


Read more...

Are wolves good for business?

Contributed Blogs
Friday, March 06, 2015
030615-wolf-thumbBY JEFF DELKIN | OP-ED CONTRIBUTOR

As a local business owner, I believe it’s important to build our economy on a platform of conservation values.  


Read more...

Epitaph for a Boondoggle

April 2015
Friday, March 27, 2015
BY JOE CORTRIGHT

The CRC is a cautionary tale about how we plan for, finance and invest in transportation infrastructure.


Read more...

6 chiefs of staff dish on their bosses

The Latest
Thursday, February 05, 2015
legilistiblog-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask chiefs of staff for the scoop on Oregon legislators.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS