Facebook, Inc. (NASDAQ:FB) moving in diverse range of trends as shares traded at $128.99 with slightly up of 0.19%. Facebook (FB) reported that it has been in talks for months with US government officials and wireless carriers with an eye toward unveiling an American version of an app that has caused controversy abroad, according to multiple people familiar with the matter.
The social media giant is trying to determine how to roll out its program, known as Free Basics, in the U.s.without triggering the regulatory scrutiny that effectively killed a version of the app in India earlier this year. IfFacebook succeeds with its US agenda for Free Basics – which has not been before reported – it would mark a major victory for the firm as it seeks to connect millions more to the Web, and to its own platform.
To knowledge the question of growth, it has yearly sales growth for the past five year of 55.50%. While past twelve months price to sales ratio recorded as 16.68 and price to cash ratio remained 15.87.
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TOTAL S.A. (NYSE:TOT) walks on mix trends in market as shares inched down -0.66% to at $47.88 having average volume of 1621.46. Total SA (TOT) released on Friday that sale of specialty chemicals’ associate Atotech to the Carlyle Group for $3.2 billion. Atotech is a manufacturer of hightechnology plating solutions. Patrick Pouyanné, chairman & CEO of Total stated this transaction is part of Total’s portfolio management strategy, which aims to align the Group’s asset base with its business ambition.
It also forms part of the $10 billion divestment program over 2015-2017 reported by the Group. Carlyle is a global alternative asset manager with presence in Asia, Europe and the United States. Equity for the transaction will come from Carlyle Europe Partners IV, a 3.75 billion euros buyout fund, and Carlyle Partners VI, a $13 billion buyout fund. The stock held beta value of 0.91, while return on equity ratio was 3.30%.
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