On Wednesday, Shares of Facebook, Inc. (NASDAQ:FB), gained 0.15% to $95.31.
Facebook is bringing more traffic to news sites than Google Inc., new data from web traffic analytics firm Parse.ly shows, according to American City Business Journals.
Social media referrals (Facebook is the biggest social network) accounted for 43 percent of the traffic to the Parse.ly network of media sites — 400 major news and media outlets that account for 6 billion page views counting Wired, The Atlantic, Reuters, Mashable, Slate, Business Insider and others, according to the data first offered to Fortune. Facebook alone accounts for just under 40 percent of the referrals. American City Business Journals Reports
Google accounted for 38 percent of the digital traffic in the May-July 2015 data, Parse.ly chief technical officer Andrew Montalenti told Fortune. American City Business Journals 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 Xerox Corporation (NYSE:XRX), declined -0.71% to $11.24, during its last trading session.
Zacks Investment Research downgraded Xerox Corporation XRX to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold) primarily due to an unfavorable business environment.
The reason for downgrade is disappointing second-quarter 2015 results, as earnings and revenues reduced year over year and adjusted earnings missed the Zacks Consensus Estimate by a penny.
Goss margin of 31.1% was down 100 basis points year over year, driven by lower gross margin from technology products in addition to a greater mix of low-margin services products. The availability of a large number of substitutes has also largely affected the profit margins of the company.
Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services.
Finally, Broadcom Corp. (NASDAQ:BRCM), ended its last trade with 0.04% gain, and closed at $51.04.
Broadcom Foundation and Society for Science & the Public (SSP) declared the selection of 300 students as semifinalists in the fifth annual Broadcom MASTERS® — the nation’s most prestigious Science, Technology, Engineering and Math (STEM) competition for middle school students.
The Broadcom MASTERS (Math, Applied Science, Technology and Engineering for Rising Stars) rewards sixth, seventh and eighth grade students who have followed their personal passions in science or engineering and inspires them to continue their studies in math and science throughout high school. As the students focus on Project-Based Learning, the scientific method and the engineering process through hands-on challenges and competitions, they are taught the 21st century skills of critical thinking, collaboration, communication and creativity.
“Broadcom MASTERS enables middle school students to harness their potential as future scientists, engineers and innovators to solve problems and create inventions that will impact their world,” said Paula Golden, President and Executive Director, Broadcom Foundation and Director, Community Affairs, Broadcom Corporation. “We are extremely proud of the many thousands of young men and women who were nominated to compete because of their amazing science fair projects and congratulate 300 semifinalists from around the United States who have reached this exciting stage of the competition.”
Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments.
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