Facebook, Inc. (NASDAQ:FB) eases up 0.65% to trade at $104.72 as compare to its fifty-two week range of 72.00 – 110.65. Facebook has started rolling out its Instant Articles feature to Android smartphones, and has brought in five new publisher partners from India as well. Instant Articles has been accessible to iPhone users since October, when the Android beta started, and the rollout is now happening gradually on Android. Publishers who collaborate with Facebook can host their content on the social network directly, and this means that the stories are loaded within the Facebook app. This means that you can load stories much more quickly, without having to leave the Facebook app at all. In theory, it’s a great idea because it allows readers to quickly get to the content they want, and allows publishers to display media-rich content easily, and to cache content so that articles open in moments, even on 2G networks. Facebook achieves faster loading by pre-loading articles as you scroll your News Feed. Because the article has already been loaded in the background, pictures pop up instantly when you tap the link, and embedded videos start playing the moment you scroll down to them. The total market capitalization remained 295.58 Billion. The firm is ahead its 52-week low of 72.00 and going down from its 52-week high price of -5.36%.
Alteva, Inc. (NYSEMKT:ALTV) has price volatility of 2.26% in last 5 days trading session, as firm traded at $4.58 by are increasing of remains unchanged. Alteva, Inc. (NYSE:ALTV) reported that it shareholders voted in favor of the proposed merger of the firm by MBS Holdings, Inc. About 87% of the shares voting at its Yearly Shareholder Meeting recently voted in favor, which represented about 73 percent of Alteva’s total outstanding ordinary stock as of October 7, 2015, the Firm stated. Momentum and Alteva stated in September that they had entered into a definitive contract for Momentum to attain Alteva for about $28.7 million. Upon the closing of the Merger, shareholders of Alteva will receive $4.70 per ordinary share. Alteva expects the acquisition to trade mid-December 2015, subject to regulatory authorization s in certain jurisdictions and other customary closing conditions. Shares price moving up from its 20 days moving average with 2.35% and isolated positively from 50 days moving average with 2.12%.
The news led stock of Sysorex Global Holdings Corp. (NASDAQ:SYRX) as the shares moved down -1.46% to trade at $0.66 in last trading action following opening the session at $0.66. Big data software and solutions provider Sysorex (SYRX) reported a new engagement with a California-based Fortune 500 health care services provider to deliver IT infrastructure and consulting services for the firm’s IT modernization effort. The project’s scope comprises designing, deploying and integrating advanced computer systems and software architecture that will host business critical information migrating from the firm’s legacy mainframe systems. The project has a total value of about $787,000. This is the third such engagement among the two companies this year. In May 2015, Sysorex completed a $1.9 million critical infrastructure project aimed at overhauling the reliability and security of the health care provider’s tier one business systems and data repositories. In July 2015, Sysorex implemented an advanced systems architecture to ensure the reliability and security of the firm’s proprietary health care systems. The return on equity was -33.60% with 52-week price range of 0.62 – 3.07. The firm’s Debt to equity ratio was -15.20%.