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U.S. Morning Call: Will the Facebook app get a 'like'?

Thursday, April 04, 2013 - 03:22

Apr 4 - Investors keying in on Facebook today as it prepares to launch what may be an exclusive smartphone app with HTC.

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Morning call for Thursday -- LC may be doing today at 1 PM eastern make sure you're watching Facebook's stock. The social media giant is holding a press conference at Menlo Park headquarters. Reports suggest -- unveil homepage app for android phones called FaceBook home. And that you obliterate -- competition. This is how could work. You -- turn your phone it directly -- FaceBook bypassing any and all other apps there's some speculation that FaceBook and HTC showcase a Smartphone that comes with the app pre installed. Facebook's current act is the number one download on Google play that ranks sixtieth for the iPhone. Google itself as the most popular publisher apps I've found with its YouTube Gmail and Google Maps apps. But despite its dominance the new FaceBook app is a big threat to the Google+ network. The search engine has been trying to make Google+ the main service that users sign onto their android devices. Shares of face the trading slightly higher in the premarket about two and Xbox. A lot of catching up to do to get to 38 dollar IPO price. Best -- trying at a few new things perhaps taking a page from JC Penney. It's turning over some of -- east basement it's huge stores to say -- in the Wall Street Journal reports. Samsung will recruit and train eighteen of retail workers who will staff about 14100. Boutiques. Like apple and Microsoft Samsung has no stores of its own in the US and is one of the best buys top five suppliers. Best -- also making some changes to apple products it's offering 30% discount on its current stock of iPad three. Analysts note retailers typically slashed prices in the lead up to me on as a way of clearing all inventory. Shares of apple up three dollars in the premarket to 435. US stock futures point to gains at the open for Wall Street following a winning streak in European stocks. Global markets rallying after the Bank of Japan promised to inject about one point or true really in bucks into the economy and less than two years. That's the most monetary stimulus by any Central Bank around the world. Things to watch for a possible currency war with other Asian exporters or swelling government bond bubble. On the macro front we're waiting on initial jobless claims data a day before the Friday jobs report. Last week unemployment claims likely drop to 350000. Also look for challenges report on layoffs later today. Stocks to watch keep an eye on shares of McDonald's Wendy's and young brands today. Hundreds of employees -- these chains and others are expected to walk off their jobs in New York City. In what maybe the largest rally yet for better pay the workers are seeking to roughly double their hourly paid fifteen dollars. The papers could be -- big hit to the nearly 200 billion dollars US fast food industry. That's -- Thursday morning call remembered follow us on Twitter at Reuters Insider and get -- great videos Flickr dot com slash latest TV. And Lisa Bernhard.

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U.S. Morning Call: Will the Facebook app get a 'like'?

Thursday, April 04, 2013 - 03:22