During Thursday’s Morning trade, Shares of Facebook Inc (NASDAQ:FB), gained 0.96% to $98.03. The firm opened its current trade at $97.75, and as of now, it is trading at $98.10. The total volume traded for the day is 78,937.00 shares, as compared to its average daily volume of 27.78M shares. The stock is floating in a range of $ 97.55 - $ 98.17. The stocks hold the market capitalization of $ 276.41B.
Vietnam sets up its own Facebook page to reach its young people
Communist Vietnam is turning to Facebook to reach its young people, according to AP
The government opened a page early this month and said it will give people timely information about the government and the prime minister.
Tuoi Tre newspaper quoted Vi Quang Dao, head of the government’s official portal, as saying the page is a pilot project and the government will consider making it an official page based on an assessment of how it works. AP Added
Vietnam’s ruling communist party tightly controls political activities and the media in the country. Facebook users have complained in the past about having difficulties accessing the site, but the government denied blocking it, though it has tried to block other sites. AP Report
Vietnam has a fairly young population with about two-thirds of its 90 million people born after the Vietnam War. Nearly half of Vietnamese are Internet users, according to government figures.
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
On the other hand today’s Top Active and Gainer Stocks:
Shares of SmartPros Ltd (NASDAQ:SPRO), gained 38.82% to $3.54.
SmartPros stated $13.5 million in revenue for 2014.
Kaplan, Inc., the global education services company and largest partner of Graham Holdings (GHC), has agreed to acquire SmartPros, Ltd. (SPRO), a leading provider of accredited professional education and training, primarily in accountancy. Kaplan will pay about $16.9 million in cash or $3.57 per share.
SmartPros offers a broad suite of services and content in accountancy ongoing education. These comprise its well-known Financial Administration Network (FMN), CPA Report (CPAR) and SmartPros Advantage (SPA) accounting subscription products. Its Financial Campus product and Banking library delivers ongoing education to the financial services industry. SmartPros also offers accountancy training to accounting professionals and corporations through its Loscalzo Associates unit that qualifies practitioners for CPE credits in accounting, auditing and assurance topics. Its library of over 2,800 hours of primarily online education programming is delivered via a modern, proprietary learning administration system (LMS) that enables clients to tailor their training requirements.
SmartPros recently launched its Audit Administration System (AMS), which delivers a robust regulatory compliance solution for banks, broker-dealers and insurance companies to carry out branch audits and systematically assist minimize regulatory and compliance risks.
“SmartPros’ ongoing education courses in accountancy for professionals in the U.S. will provide a domestic complement to our existing global accountancy training programs,” said Dr. Andrew Temte, CFA and President of Kaplan Professional Education, who noted that Kaplan is a recognized leader in accountancy training in the U.K., Singapore and Hong Kong. “In addition, SmartPros’ ongoing education offerings in the financial services field fit well with Kaplan’s existing Firm Element and Insurance CE products, which will enable us to deliver improved value to current and future customers.”
“We believe that combining SmartPros with Kaplan will strengthen our product offerings and allow the combined entity to better meet the needs of the changing professional development marketplace. We think this transaction is good for SmartPros’ customers, employees and shareholders,” said Allen S. Greene, CEO and Chairman of the Board for SmartPros. “It is a marriage of two well-regarded leaders in ongoing education for accountants and financial service professionals.”
SmartPros Ltd. provides learning and educational solutions for accounting/finance, legal, engineering, securities, and insurance markets. It offers accounting and finance libraries; executive enterprise institute, a series of live seminars in the corporate and public accountant marketplace; SmartPros Advantage, a skills-based learning library; and Financial Administration Network, a library of programs dealing with current topics.