Facebook Upgrades Mobile Apps and 3 Heavily Traded Shares Changing Hands Today
Facebook Inc (NASDAQ:FB): Apple iPhone users got an early, long-awaited Christmas present late last night and now Android’s Facebook Inc. addicts are getting something they may have had on their gift lists, a quicker Android app. “Facebook for Android 2.0 is twice as fast when looking at photos and opening your Timeline and noticeably quicker to launch,” according to Facebook’s Phillip Fung.
Nokia Corporation (NYSE:NOK) announced on May 4 that they were aware of the filing of a securities class action complaint that named Nokia and two of their executives as defendants. The case, entitled Chmielinski v.s Nokia Corporation, was filed in the United States District Court for the Southern District of New York on May 3. After further investigation, the plaintiffs have agreed to dismiss the case against all defendants without any money being paid to any plaintiff. The complaint has been withdrawn and dismissed with prejudice by the court.
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Sirius XM Radio Inc (NASDAQ:SIRI) and Hyundai Motor America announced an agreement that extends SiriusXM’s relationship with Hyundai for three years, including a provision for further extension through August of 2017. All Hyundai customers will receive a 3-month SiriusXM subscription with the purchase of any new Hyundai vehicle that has a factory-equipped satellite radio.
Williams Companies, Inc. (NYSE:WMB): Fitch Ratings assigned a ‘BBB-‘ rating to The Williams Companies, Inc.’s proposed offering of $850 million of senior notes. Proceeds from the note will be used to partially fund WMB’s purchase of general partner’s (GP) and limited partner’s (LP) interests in Access Midstream Partners (ACMP). WMB has a Stable Rating Outlook. If the ACMP transaction is not closed by Jan. 31, 2013, WMB will be required to redeem the notes.
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