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Wednesday 16 September 2015
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Trader’s Buzzers - Facebook, Inc. (NASDAQ:FB), U.S. Bancorp (NYSE:USB), General Growth Properties, Inc (NYSE:GGP)

On Friday, Shares of Facebook, Inc. (NASDAQ:FB), gained 0.08% to $92.05.

Facebook Inc. is vying to bring virtual reality to your phone, according to WSJ.

The social network is working on a stand-alone video app that would support 360-degree or “spherical” videos, people familiar with the matter said. The format, typically compiled from multiple cameras, allows users to change their viewing perspective by tilting their phones.

As conceived, the app would work on many platforms counting Apple Inc.’s devices and those using Google Inc.’s Android operating system. Development of the app is in early stages and it is unclear when or if the app will launch, said the people, who declined to be named discussing the confidential project. WSJ Reports

Facebook declined to comment.

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.

Shares of U.S. Bancorp (NYSE:USB), declined -0.10% to $41.06, during its last trading session.

U.S. Bancorp, declared that Richard K. Davis, chairman, president and chief executive officer, and Kathy Rogers, vice chair and chief financial officer, are planned to present at the Barclays 2015 Global Financial Services Conference. The presentation will start at 8:15 a.m. EDT on Thursday, September 17, 2015, in New York City and comprise information about U.S. Bancorp’s financial performance and corporate strategies.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which comprise checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, in addition to credit card services, leasing, financing and import/export trade, asset-backed lending, agricultural finance, and other products.

Finally, General Growth Properties, Inc (NYSE:GGP), ended its last trade with 2.38% gain, and closed at $24.95.

General Growth Properties, declared that Sandeep Mathrani, Chief Executive Officer, and Michael Berman, Chief Financial Officer, will present at the Bank of America Merrill Lynch 2015 Global Real Estate Conference in New York on Wednesday, September 16, 2015, at 1:15 p.m. Eastern Time.

General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls.

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All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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