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U.S. Morning Call: Mobile hurting Facebook

Wednesday, May 09, 2012 - 02:00

May 10 - Facebook says mobile devices help attract new users, but not revenues from ads.

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Here's a morning called this Thursday FaceBook saying growth of the mobile web. It's hurting the company in an amended filing with the FCC this social networking giant says. Popularity of mobile devices -- cause it's the number of daily users to grow. Faster than the number of -- it's delivering. Also characterizes the ads and serves mobile users. As immaterial not exactly what Mark Zuckerberg and his fellow executives hoped -- as they continue their IPO roadshow. Print which analyzes private company data seized the announcement as a warning that these supplements second quarter projections. Cisco also showing signs of weakness in networking company reporting stronger quarterly profit than anticipated but issuing a warning for the current quarter. Cisco concerned about the impact of the European economy in enterprise IT spending on its business. Analysts also attribute it struggles to increase competition from Hewlett-Packard. Shares of Cisco down about 8% in the premarket. Hacking smacking Rupert Murdoch and news for navigating through the hacking scandal through Easter on quarter. And media firms dealing past profit expectations. It's cabled networks and movie studio business highlights revenue also rose. And are not leaving the top gain on the conference call the second in command Chase Carey who. -- his boss and said he was not considering James Murdoch should step down from the board of new sport and BID. He's -- shares up sharply this year. -- -- watch today include calls the retailer just reported at 23% on the first quarter profit as its gross margin was hit by price -- designed to lure back shoppers. And Priceline which saw earnings rise let's that it expects lower bookings growth in the second quarter. Stock is up 50% this year also keep an eye on shares of Avon Cody upping it's bid. From the initial offer of 2325. Now 2475. Here. -- stock up to about 4% in the market. That's -- call this Thursday I'm Jen -- if this writers and there.

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U.S. Morning Call: Mobile hurting Facebook

Wednesday, May 09, 2012 - 02:00