Financial Advisers TAKE TO LinkedIn and 1 More Social Media Stock Action
Facebook, Inc. (NASDAQ:FB): Several sources close to Research in Motion (NASDAQ:RIMM) are cited in the Sunday Times of London as saying that RIM wishes to separate the hardware and business sides from the services side. The Globe and Mail also report that the company may sell as stake in the company, and the newpaper describes this idea as “a silly fantasy, and a ridiculous idea.” Facebook and Amazon (NASDAQ:AMZN) were named as possible buyers.
Don’t Miss: Is Facebook Now PROTECTING Your Privacy?
LinkedIn Corporation (NYSE:LNKD): The Financial Times reports, Morgan Stanley (NYSE:MS) Smith Barney intend to allow almost 18,000 financial advisers to utilize Twitter and LinkedIn (NYSE:LNKD) as a means to boost business. Only a few advisers were granted the ability to write their own tweets; all others must tweet from a library of pre-written messages. The shares traded down $3.74 (3.5%) recently at $103.11.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.