On Wednesday, Shares of Facebook, Inc. (NASDAQ:FB), gained 1.27% to $78.44.
Facebook raised wages for its contract workers, such as cafeteria staff and janitors, to a minimum of $15 per hour amid rising tension over the wage gap between the technology sector’s elite and the lower-paid workers, according to Reuters.
Contractors will also receive a minimum of 15 days of paid vacation days and a $4,000 new child benefit for parents who do not receive parental leave, Chief Operating Officer Sheryl Sandberg said in a Wednesday post on Facebook.
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 Parsley Energy, Inc. (NYSE:PE), inclined 4.19% to $16.67, during its last trading session.
Parsley Energy, declared financial and operating results for the quarter ended March 31, 2015.
First Quarter 2015 Highlights
- Parsley delivered record quarterly net production of 18.9 MBoe/d, an enhance of 4% over Q4 2014 and up 106% year-over-year.
- Parsley is raising full-year 2015 production guidance from 18-19 MBoe/d to 20-21.5 MBoe/d.
- Wolfcamp B well productivity—already among the best in the Midland Basin—improved for the fourth successive quarter.
- The three Wolfcamp B wells Parsley accomplished in its Core area in Q1 2015 with 30 days of production had peak 30-day initial production (IP) rates per 1,000-foot lateral of 231 Boe/d on average, up 30% as compared to average peak 30-day IP rates for Wolfcamp B wells accomplished in its Core area in Q1 2014.
Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico.
At the end of Wednesday’s trade, Shares of salesforce.com, inc. (NYSE:CRM), gained 0.03% to $71.79.
salesforce.com, declared that Chairman and CEO Marc Benioff will deliver the 2015 commencement address at University of California, Berkeley, on Saturday, May 16, 2015.
Benioff will address the Spring 2015 graduating class startning at about 11:00 a.m. PDT.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices.
Finally, VimpelCom Ltd. (NASDAQ:VIP), ended its last trade with 4.51% gain, and closed at $5.79.
VimpelCom, declared financial and operating results for the quarter ended March 31, 2015.
PRESENTATION OF FINANCIAL RESULTS
VimpelCom results presented in this earnings release are based on IFRS and have not been audited. Certain amounts and percentages that appear in this earnings release have been subject to rounding adjustments. As a result, certain numerical figures shown as totals, counting in tables may not be an exact arithmetic aggregation of the figures that precede or follow them.
PLANNED UPDATE AND MAIN EVENTS
- New Group CEO designated, planned update to be offered with 2Q15 results
- Successfully closed transaction in Algeria; USD 3.8 billion in net proceeds
- Repaid USD 3.4 billion of debt
- Italian tower sale accomplished; USD 0.7 billion in net proceeds
- Concluded third and final stage of Italian refinancing
- Attained 3G license in Ukraine
- 4G/LTE services launched in Georgia
- Annual 2015 targets confirmed.
VimpelCom Ltd. provides telecommunications services in Italy, Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, and Pakistan. It offers voice and data services through a range of traditional and broadband mobile and fixed line technologies.
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