Facebook REPORTS 83M Fake Profiles and 4 Stocks Dropping to 52-Week Lows

Credit Suisse Group (NYSE:CS): Goldman Sachs (NYSE:GS) led foreign banks in quickening  job cuts at their Japanese brokerages last fiscal year, as filings showed Goldman Sachs Japan lowered headcount by 14 percent to 847, according to Bloomberg. The shares closed at $16.20, down $0.73 or 4.31% on the day. They have traded in a 52-week range of $16.13 to $32.91.

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Dell Inc. (NASDAQ:DELL) and Hewlett-Packard (NYSE:HPQ) are prepared to launch Windows RT-based tablet PCs by the end of October, reports DigiTimes, citing sources from the upstream supply chain. The shares closed at $11.47, down $0.32 or 2.71% on the day. They have traded in a 52-week range of $11.43 to $18.36.

Earthlink (NASDAQ:ELNK): EarthLink reports a Q2 EPS of 1c, consensus 3c. The shares closed at $6.09, down $0.71 or 10.44% on the day. They have traded in a 52-week range of $5.97 to $8.59.

Ford Motor Credit (NYSE:F):Peugeot (PEUGY) and Fiat’s (FIATY) cost cutting efforts could cost over 500,000 people their jobs as the region’s auto industry, including component makers like Autoliv (NYSE:ALV), are prepared to further pare payrolls, according to Bloomberg. The shares closed at $8.92, down $0.12 or 1.33% on the day. They have traded in a 52-week range of $8.83 to $13.05.

Facebook Inc (NASDAQ:FB): Up to 83 million of the 955 million members reported by Facebook are questionable, reports Agence France-Presse, citing an SEC filing by Facebook. As many as 83 million members could actually be duplicates, pages for pets, or designed for spam, the news service quoted the filing as saying. The shares closed at $20.04, down $0.84 or 4.02% on the day. They have traded in a 52-week range of $20.84 to $45.00.

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