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Sunday 13 September 2015
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News Recap: Facebook, Inc. (NASDAQ:FB), Boston Scientific Corporation (NYSE:BSX), The Kraft Heinz Company (NASDAQ:KHC)

On Tuesday, Shares of Facebook, Inc. (NASDAQ:FB), gained 1.44% to $89.53.

Facebook has decided that Instagram can be a serious ad business, according to Bloomberg.

Instagram, which started testing advertising two years ago, has taken advantage of Facebook’s network of marketers and tools this year to quickly expand its offerings. Starting Wednesday, Instagram ads, which began with large brands, are open to small businesses, too, in 31 more countries, the company said in a blog post. Advertisers now have a variety of options, such as 30-second video spots and ads with prompts such as “Shop Now” and “Install Now.”

Instagram, a photo-sharing application, is the first of Facebook’s properties, outside its main app, that has reached this level of advertising sophistication. Its integration with Facebook’s resources to provide more options for advertisers shows how quickly the company’s other, bigger chat apps, Messenger and WhatsApp, could make more money. Facebook Chief Executive Mark Zuckerberg has said he’s not interested in ramping up money-making on those properties until they reach 1 billion users. WhatsApp is close; the global messaging service declared last week that it has 900 million monthly active users. Bloomberg 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 Boston Scientific Corporation (NYSE:BSX), inclined 4.37% to $16.95, during its last trading session.

Boston Scientific Corporation is planned to take part in the 2015 Morgan Stanley Global Healthcare Conference on September 17, in New York City.

Mike Mahoney, chief executive officer, and Dan Brennan, executive vice president and chief financial officer, will take part in a 30-minute question and answer session regarding the company with the host analyst starting at about 8:35 a.m. ET.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

Finally, The Kraft Heinz Company (NASDAQ:KHC), ended its last trade with 4.96% gain, and closed at $74.07.

The Kraft Heinz Company is expanding the voluntary recall of select code dates and manufacturing codes of individually wrapped American slices due to the possibility that a thin strip of the individual packaging film may remain adhered to the slice after the wrapper has been removed. If the film sticks to the slice and is not removed, it could potentially cause a choking hazard.

The original July 31, 2015 recall has been expanded. This product list below is inclusive of the formerly recalled 3 LB and 4 LB sizes of Kraft Singles American and White American pasteurized prepared cheese product with a “Best When Used By” date of 29 DEC 15 through 04 JAN 16, followed by the Manufacturing Code S54 or S55.

Only products with the S54 and S55 codes, which refer to the two production lines on which the influenced product was made, are comprised in this recall. The “Best When Used By” Date and Manufacturing Code are stamped on both the outer box and the individual packages.

The Kraft Heinz Company, through its auxiliaries, operates as a food and beverage company in North America and internationally. It primarily offers food and beverage products, counting cheese, meats, refreshment beverages, coffee, packaged dinners, refrigerated meals, snack nuts, dressings, ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition, and other food and grocery products.

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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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