On Thursday, Shares of Facebook, Inc. (NASDAQ:FB), gained 3.74% to $81.37.
News publishers have much bigger worries than Facebook (FB), according to TheStreet.
When reports emerged this week that Facebook will directly host stories from nine major news organizations, counting New York Times, and Comcast’s (CMCSA) NBC News, some loud opposition erupted in media circles.
But a dispassionate analysis of the arrangement produces a different conclusion: the critics doth protest too much. As hard as it may be to side with the Internet’s behemoth, it’s actually a good deal for news organizations, not to mention Facebook and news readers, TheStreet reports.
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 Williams Companies, Inc. (NYSE:WMB), inclined 0.04% to $53.23, during its last trading session.
The Williams Companies, declared that it would acquire Williams Partners L.P. WPZ in a $13.8 billion all stock-for-unit deal.
The merger is on the lines of last year’s Kinder Morgan KMI deal, wherein the company purchased of all the outstanding equity of its three auxiliaries – Kinder Morgan Energy Partners, L.P., Kinder Morgan Administration, LLC and El Paso Pipeline Partners, L.P.
Since the KMI deal has been a success, investors are optimistic about this merger as well. While shares of Williams Companies gained over 6%, Williams Partners units soared nearly 23% following the declaration.
The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services.
At the end of Thursday’s trade, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), gained 0.78% to $3.89.
Sirius XM, declared it will premiere “Product Hunt Radio,” an all-new tech-discovery show hosted by Ryan Hoover and Erik Torenberg of Product Hunt, the online community where enthusiasts geek out about the latest tech products. “Product Hunt Radio” will showcase what’s new in tech, provide insight into the people behind the products, and connect with the community that has made Product Hunt such a success.
Each week, Ryan and Erik will invite well-known guests from inside the tech scene, counting the creators and investors behind many of today’s most popular tech products, mobile apps, and services, to talk about the tech industry in a way that will be informative to tech insiders while still accessible to mainstream, product-loving listeners.
The 6-week series, “Product Hunt Radio,” will launch on Saturday, May 16, at 6:00 pm ET, and rebroadcast on Sunday, May 17, at 9:00 pm ET, on SiriusXM Insight channel 121, and through the SiriusXM App on smartphones and other connected devices, in addition to online at siriusxm.com. “Product Hunt Radio” will also be accessible on SiriusXM On Demand for subscribers listening via smartphones and other connected devices or online at siriusxm.com.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
Finally, Genworth Financial, Inc. (NYSE:GNW), ended its last trade with -0.62% loss, and closed at $7.98.
Genworth Financial, declared the election of all ten directors nominated at its 2015 annual meeting of stockholders recently. The board members elected were William H. Bolinder, G. Kent Conrad, Melina E. Higgins, Nancy J. Karch, Thomas J. McInerney, Christine B. Mead, David M. Moffett, Thomas E. Moloney, James A. Parke, and James S. Riepe.
At the annual meeting, stockholders also approved the advisory vote on named executive officer compensation and ratified the selection of KPMG LLP as Genworth’s independent registered public accounting firm for 2015. The stockholders did not approve the stockholder proposal regarding the preparation of an annual sustainability report.
Genworth Financial, Inc. provides insurance, retirement, and homeownership solutions in the United States and internationally. It operates through U.S. Life Insurance, International Mortgage Insurance, U.S. Mortgage Insurance, International Protection, and Runoff segments.
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