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Stock and commodities markets

Harvard Management Co Buys Facebook Stock


 

 

Harvard Management Co, a US company managing the assets of Harvard University, is reported to have purchased 20 000 shares of Facebook’s stock. The deal is estimated at $436.140 (20 000 * $21.81 per share).

 

 

 

 

 

 
What do experts think about the deal? Masterforex-V Academy will help to answer the question.
 
With all due respect to Harvard University, buying US stocks when the major trend is bearish is inefficient and rather risky. The experts in stock markets from Masterforex-V Academy assume this deal is a loser because Facebook’s stock is likely to continue its downtrend.
 
Numerous investors, who previously laid big hopes on the stock, later suffered major losses after Facebook reported about losses itself.
 
The latest financial report for Q2 2012 published by Facebook indicated a $157 million loss. According to David Ebersman, CFO of Facebook, the mentioned sum is just the expenses paid to the company’s employees in the form of shares and call options. The statement looks reassuring in terms of Facebook’s prospects.
 
The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of Facebook’s stock:
 

 

 

 

 

During the 2nd quarter, Facebook tripled its expenses as compared to Q2 2011 up to $413 million.

 

 

 

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Apple Reports About Forthcoming Upgrades Of MacBook Air

 

Apple, the famous American tech giant, has recently reported about its plans to upgrade the MacBook Air series. Internet sources report that the company is currently working on hardware upgrades.
 
Publication date: 23 May 03:53 PM

Japanese Stock Market Goes Red Amid Stronger Yen

 

 

The current strengthening of the Japanese Yen seems to be the major reason for today’s decline seen in the Japanese stock market. This is the biggest daily decline in 2 years.
 
Publication date: 23 May 06:18 AM

Gazprom Sees Income Decline. Possible Threats For Russia?

 

Negative forecasts for Gazprom’s future have become a routine for analysts and strategists from around the world, including Russia, China, Great Britain and the USA. While some of them can be treated as a means of info wars, most doomsday predictions are so old that they shouldn’t be considered seriously by market participants.
 
Still, there are some objective negative tendencies and factors. In particular, Gazprom has recently seen an income decline. What are the reasons behind it and what are the threats to the Russian energy-dependent economy?
 
Publication date: 22 May 08:06 AM

European Stock Indices Go Red

 

 

European stock indices are trading in the red zone in advance of the forthcoming EU summit and US economic reports. European leaders are planning to discuss the ways and means to fight tax laundering.
 
Publication date: 22 May 07:24 AM

Apple Is Planning To Patent Social Camera Flash

 

 

A couple of days ago Apple, the famous tech giant, applied for another patient. This time the tech corporation is planning to patient the so-called “social camera flash”.
 
Publication date: 21 May 03:19 PM

US Stock Indices Show Weak and Multidirectional Dynamics

US stock indices are trading without any major moves as they cannot find common dynamics. Yesterday, Standard & Poor's 500 dropped down to the local low, which can affect other stock indices. However, most indices are currently trading in the green zone.

 

 
Publication date: 21 May 03:04 PM

Asian-Pacific Indices Go Red

 

 

Asian-Pacific stock indices closed today’s Asian trading session in the red zone. Yesterday, indices reached their 5-year highs. Therefore, today’s retracement looks neutral.
 
Publication date: 21 May 09:01 AM

European Stock Indices Go Red On Poor Reports

European stock indices are trading in the red zone today amid weak quarterly reports published by several European companies.
 
Publication date: 21 May 07:57 AM

Brent Comes Close To $105/b.

 

On Monday, Brent oil was trading around $105/b, taking into account positive economic stats and stock market growth along with moderate forecasts for oil demand and stocks.
 
Publication date: 20 May 05:54 PM

Investors Should Get Ready For Further Monetary Stimuli

 

 

Lower inflation in the UK amid brighter prospects of the British economy may well give the Bank of England a few extra weapons in its arsenal of economic stimuli. This is what Martin Weale, an MPC member, thinks on the issue.
 
Publication date: 20 May 05:22 PM