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Friday 2 October 2015
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Hot Stocks News Analysis: Facebook Inc (NASDAQ:FB), Exxon Mobil Corporation (NYSE:XOM), Dow Chemical Co (NYSE:DOW), National-Oilwell Varco, Inc. (NYSE:NOV)

On Thursday, Shares of Facebook Inc (NASDAQ:FB), gained 1.17% to $90.95.

Facebook declared recently that the company’s third quarter 2015 financial results will be released after market close on Wednesday, November 4, 2015.

Facebook will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the call can be accessed at the Facebook Investor Relations website at investor.fb.com, together with the company’s earnings press release, financial tables and slide presentation.

Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products comprise Facebook, Instagram, Messenger and WhatsApp.

Shares of Exxon Mobil Corporation (NYSE:XOM), declined -0.40% to $74.05, during its last trading session.

Exxon Mobil Corporation has reached a contract with PBF Energy, Inc. for the sale and purchase of its refinery in Torrance, California, a lubricants distribution center at Vernon, products terminals at Vernon and Atwood, and associated California pipelines and other logistics assets, counting facilities at the Southwest terminal.

“The sale results from a planned assessment of the site and how it fits with our refining portfolio,” said Jerry Wascom, president of ExxonMobil Refining & Supply Company.

“ExxonMobil regularly adjusts its portfolio through investment, restructuring or divestment consistent with overall global and regional business strategies. We remain committed to a large, global refining portfolio as part of our integrated business strategy. We will continue to make noteworthy investments across the globe to strengthen our facilities which are often advantaged by scale and integration with chemicals and lubricant manufacturing.”

About 700 employees and 700 contractors work at the refinery and associated facilities. Employees are predictable to be offered positions with PBF and existing third-party supply agreements, obligations, terms and conditions remain unchanged.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products.

Shares of Dow Chemical Co (NYSE:DOW), inclined 1.37% to $42.98, during its last trading session.

Synthace and Dow AgroSciences LLC, a wholly owned partner of The Dow Chemical Company (DOW), recently declare they have reached a research partnership to optimize technology by accelerating development of fermentation-based production of crop protection products.

The partnership comprises a multi-seat enterprise license giving Dow AgroSciences access to Synthace’s Antha software tools. As part of the agreement, Synthace’s advanced tools and software will be used to support development of superior microbial production strains at Dow AgroSciences. This partnership brings together expertise in natural products from both companies to enable new approaches for accelerated product development.

This partnership supports the ability of Dow AgroSciences to use the power of nature in conjunction with fermentation technology, to produce and develop solutions for farmers. These types of products prevent pest infestation and control disease to improvement crop yields. Applying automated strain engineering enables quicker development of new microbial production hosts in the lab which can expedite development of fermentation processes for new products. Farmers win as new solutions can be brought to market more quickly. Dr. Tim Fell, Chief Executive Officer of Synthace, commented, “Antha is a platform that links research, development and biomanufacturing. We look forward to employing it with Dow AgroSciences to optimize tools and processes that enable them to continue to boost bottom-line performance.”

The Dow Chemical Company (Dow) is as an integrated science and technology company. The Company is a diversified, manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world.

Finally, National-Oilwell Varco, Inc. (NYSE:NOV), ended its last trade with -4.25% loss, and closed at $36.05.

Vetr downgraded shares of National-Oilwell Varco (NOV) from a strong-buy rating to a buy rating in a research report released on Monday, Market Beat.com reports. The brokerage presently has $41.90 price target on the oil and gas exploration company’s stock.

The company also declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date was Wednesday, September 9th.

National Oilwell Varco, Inc. (NOV) is engaged in providing design, manufacture and sale of equipment and components used in oil and gas drilling, completion and production operations. The Company also provides oilfield services to the upstream oil and gas industry.

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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.

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