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Wednesday 19 August 2015
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Hot Stock’s News Report: Facebook, Inc. (NASDAQ:FB), Halliburton Company (NYSE:HAL), Axalta Coating Systems Ltd. (NYSE:AXTA)

On Monday, Shares of Facebook, Inc. (NASDAQ:FB), lost -0.52% to $93.93.

A Facebook tool called “Notes” that allows people to write and publish blog posts on the social network is getting a makeover, according to San Jose Mercury News.

“We’re testing an update to Notes to make it easier for people to create and read longer-form stories on Facebook,” a Facebook spokesperson said in a statement to SiliconBeat on Monday.

Only a small number of people are able to access the upgrade as part of the test, which comprises a more modern design and other features such as adding a cover photo, tagging people, resizing photos and adding links or hashtags. San Jose Mercury News Reports

The company declined to say when the testing period will end and when or if it will become accessible to the general public. San Jose Mercury News added

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 Halliburton Company (NYSE:HAL), declined -1.67% to $41.29, during its last trading session, as U. S. oil prices fell Monday to a fresh six-year low on concerns that the glut of crude oil is set to grow, according to WSJ.

Light, sweet crude for September delivery fell 63 cents, or 1.5%, to $41.87 a barrel on the New York Mercantile Exchange, the lowest settlement since March 3, 2009. Brent, the global benchmark, fell 45 cents, or 0.9%, to $48.74 a barrel on ICE Futures Europe. WSJ Reports

Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.

Finally, Axalta Coating Systems Ltd. (NYSE:AXTA), ended its last trade with 0.99% gain, and closed at $30.68.

Axalta Coating Systems has commenced a secondary offering of 30,000,000 common shares. The shares will be offered by certain associates of The Carlyle Group (the “selling shareholders”). The offering is being made following a registration statement on Form S-1 formerly filed with the U.S. Securities and Exchange Commission. The selling shareholders have also granted the underwriters a 30-day option to purchase up to an additional 4,500,000 common shares. Axalta will not receive any of the proceeds from the offering of shares by the selling shareholders.

Citigroup, Goldman, Sachs & Co., Deutsche Bank Securities and J.P. Morgan are lead book-running managers for the projected secondary offering. Additional book-running managers are BofA Merrill Lynch, Barclays, Credit Suisse, Jefferies and UBS Investment Bank. Co-managers are Morgan Stanley, BB&T Capital Markets, Nomura, SMBC Nikko and Academy Securities.

Axalta Coating Systems Ltd., through its auxiliaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry. It operates through two segments, Performance Coatings and Transportation Coatings.

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