Facebook Proposes Data Combination and 3 Hot Stocks Change Hands Today

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Walter Energy, Inc. (NYSE:WLT): According to the Independent, Rumors are going around that Glencore (GLNCY) may be interested in acquiring Walter Energy, Inc. The Daily Mail noted speculation that BHP Billiton (NYSE:BHP) is considering a $55 per share offer for Walter.

Harte-Hanks Inc. (NYSE:HHS) reported that their board has declared a cash dividend of 8.5c per share payable on December 28 to shareholders of the company’s common stock. This dividend is a one-time acceleration of the regular quarterly dividend the company would have ordinarily declared and paid in the first quarter. They do not expect to pay a dividend in the first quarter.

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Bank of America (NYSE:BAC) shares rose more than 5% and hit $10 for the first time since July of 2011. The stock is very active and has already traded more than 300 million shares during the session. That’s more than twice the stock’s average volume over the last 30 days. The gain comes on the same day that rival Citigroup Inc. (US:C) shares are rising more than 7% after that the firm introduced a plan to cut 11,000 jobs and trim costs.

Facebook, Inc. (NASDAQ:FB) has proposed combining user data with that of recently purchased photo-sharing service Instagram, and will ease restrictions on emails between members of the social network. Facebook said they may share information between their own service and other businesses or affiliates that the Menlo Park company owns to “help provide, understand, and improve our services and their own services.” One of Facebook’s most significant affiliate businesses is the San Francisco-based Instagram, a photo-sharing service for smartphone users that Facebook bought in October for roughly $715 million.

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