Facebook, Inc. (NASDAQ:FB) [Trend Analysis] retains strong position in active trade, as shares scoring 0.26% to $115.40 in a active trade session, while looking at the shares volume, about 25.04 Million shares have changed hands in this session.
Facebook Inc. (FB) reported that it is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, stated Joaquin Candela, the firm’s director of applied machine learning.
The social media firm has been embroiled in a number of content moderation controversies this year, from facing international outcry following removing an iconic Vietnam War photo due to nudity, to allowing the spread of fake news on its site.
Facebook has historically relied mostly on users to report offensive posts, which are then checked by Facebook employees against firm “community standards.” Decisions on especially thorny content issues that might require policy changes are made by top executives at the firm. The firm has institutional ownership of 70.50%, while insider ownership included 0.20%. FB attains analyst recommendation of 1.80 with week’s performance of -4.14%. Investors looking additional ahead will note that the Price to next year’s EPS is 27.36%.
Hoegh LNG Partners LP (NYSE:HMLP) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -8.88% to 17.45 with about 2.22 Million shares have changed hands in this session. Hoegh LNG Partners (HMLP) decided to purchase a 51% interest in the FSRU Hoegh Grace for about $91.80 million; proposes a possible quarterly dividend raise of 4-5% assuming the purchase is completed. The purchase price for the acquisition will be $188.7 million, less $96.9 million, the pro rata amount of indebtedness related to the Hegh Grace that is predictable to be outstanding under the credit facility related to the vessel as of the closing date of the Acquisition.
In addition, HMLP has the option, exercisable with the authorization of the conflicts committee of the bodof HMLP at any time on or previous to Feb 28, 2017 to purchase the remaining ownership interest in Grace Holding. To the extent the Alliance does not exercise the Option in full by Feb 28, 2017, the Alliance will retain a right of first offer with respect to the remaining interest in Grace Holding. The Purchase Price will be subject to certain post-closing adjustments for net working capital.
In addition, the purchase price will be surged, pro rata, to the extent that HMLP exercises all or any portion of the Option on or previous to the closing date of the Acquisition. HMLP intends to resolvethe Purchase Price with cash. At HMLP’s election, it may resolvethe Purchase Price and any purchase pursuant to the Option, with a combination of cash and one or more promissory notes from HMLP payable to Hegh LNG in an aggregate amount of up to $50.0 million. If issued, the Seller’s Credit will mature on Jan 1, 2021 and bear interest at an yearly rate of 8%. The transaction is predictable to be completed by the end of Jan 2017 and is subject to the acceptance of the Hegh Grace by its charterer. The stock is going forward its fifty-two week low with 67.56% and lagging behind from its 52-week high price with -10.51%.
Same, the positive performance for the quarter recorded as -4.42% and for the year was 29.76%, while the YTD performance remained at 3.49%. HMLP has Average True Range for 14 days of 0.66.