Stocks In News; Facebook Inc (NASDAQ:FB), Weibo (NASDAQ:WB), Linn Energy LLC (NASDAQ:LINE), International Business Machines Corp. (NYSE:IBM), Trina Solar (NYSE:TSL)

Technology Stocks News 11

Facebook Inc. (NASDAQ:FB) announced that it will purchase smartphone-messaging app company WhatsApp Inc. for $19 billion in cash and stock. Facebook Inc (NASDAQ:FB) stock performance was -1.09% in last session and finished the day at $62.50. Traded volume was 42.44million shares in the last session and the average volume of the stock remained 66.19million shares. Facebook Inc (NASDAQ:FB) insider ownership is 0.50%.

U.S. Generally Accepted Accounting Principles are followed by about 40% of the world’s global public markets. Even foreign companies, such as Chinese Internet firms Weibo Corp. (ADR) (NASDAQ:WB) and Alibaba Group Holding Ltd., are still electing to use GAAP in their initial public offerings, rather than international accounting rules, Mr. Kroeker said. Weibo Corp (ADR) (NASDAQ:WB) dropped -2.22 percent to $18.54 Friday on volume of 547,694.00million shares. The intra-day range of the stock was $18.51 to $19.35. Weibo Corp (ADR) (NASDAQ:WB) has a market capitalization of $5.90billion.

Linn Energy LLC (NASDAQ:LINE) announced a monthly dividend on Friday, May 30th, StockRatingsNetwork.com reports. Shareholders of record on Monday, June 9th will be paid a dividend of 0.2416 per share on Thursday, June 12th. This represents a $2.90 annualized dividend and a dividend yield of 9.70%. The ex-dividend date is Thursday, June 5th. Linn Energy LLC (NASDAQ:LINE)’s stock on June 06, 2014 reported a increase of 0.97% to the closing price of $30.06. Its fifty two weeks range is $20.35 -$34.85. The total market capitalization recorded $9.96billion. The overall volume in the last trading session was 1.22million shares. In its share capital, LINE has 331.41million outstanding shares.

International Business Machines Corp. (NYSE:IBM) previous year surpassed on purchasing Rackspace Hosting and decided instead to purchase cloud-services provider SoftLayer, a deal experts say operating working so well that IBM again is likely to take a pass on purchasing Rackspace. On Friday, shares of International Business Machines Corp. (NYSE:IBM) advanced 0.21% to close the day at $186.37. Company return on investment (ROI) is 26.40% and its monthly performance is recorded as -1.55%. International Business Machines Corp. (NYSE:IBM) quarterly revenue growth is -0.12%.

Shares of Trina Solar Limited (ADR) (NYSE:TSL) have received an average rating of “Buy” from the thirteen analysts that are covering the stock, American Banking & Market News reports. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Trina Solar Limited (ADR) (NYSE:TSL) stock performance was -4.31% in last session and finished the day at $11.10. Traded volume was 13.50million shares in the last session and the average volume of the stock remained 5.34million shares. The beta of the stock remained 2.63.

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