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Wall Street is reacting positively this morning to comments made by Facebook CEO Mark Zuckerberg yesterday as he tried to rally investors upset over the stock's recent nosedive.

As of morning trading, the stock has risen almost 6 percent, hovering at around $20.50. That's little more than a $1 dollar gain from yesterday. But it's still a hopeful and welcome change from the recent performance, which saw the stock drop below $18 a share last month from its initial IPO price of $38. The shares also were already up more than 3 percent yesterday in after-hours … Read more

Apple's newly-minted top executives will have good reason to stick around in the form of a hefty stock bonus that finishes vesting in four years.

New filings with the U.S. Securities and Exchange Commission show that Craig Federighi, Apple's senior vice president of Mac Software Engineering, and Dan Riccio, Apple's senior vice president of Hardware Engineering, were both given 75,000 shares of company stock as part of their promotions last week.

Those grants, currently worth $50.62 million, vest at three separate points over the next four years. The first batch of 25,000 vests … Read more

In an SEC filing late today, Facebook said that founder and CEO Mark Zuckerberg "has no intention to conduct any sale transactions... for at least 12 months."

This comes as Facebook's stock today fell once again, closing down 1.8 percent to a record low of $17.73. That's more than 54 percent off its mid-May IPO price of $38.

Just after the IPO, Zuckerberg sold about $1.1 billion worth of stock, a move the company said was to cover his tax bills. Zuckerberg still holds 504 million Class B shares (those are the ones … Read more

Facebook shareholders are back at it.

The company's stock is down again this morning, dropping to a new low of $17.58. The shares have since climbed a bit to $17.70, which is still down 2 percent compared to their opening price of $18.06.

After going public in May for $38 a share, Facebook shares have plummeted. On Friday, Facebook was down 5.3 percent after BMO Capital Markets reduced its 12-month price target from $25 to $15.

"We expected investor attention to return to fundamentals after the technical challenges presented by lockup expirations over the … Read more

And the hits just keep coming for the world's most popular social network.

As the rest of the U.S. settled in for the long Labor Day weekend, Facebook investors decided it was a good time to dump some shares before Wall Street traders return to work next week to take a closer look at the stock that just can't stop declining.

Facebook shares closed at $18.08 a share, a 5.3 percent drop from the day's opening.

Throughout the day, the stock hovered ever so close to the $18 mark, a figure that would price … Read more

Add another entry to the lengthening list of reduced revenue estimates for Facebook.

eMarketer said in a report issued earlier today that it has cut its 2012 revenue estimates on Facebook from more than $6 billion to around $5 billion.

In February, eMarketer estimated that Facebook's total revenues would go beyond the $6 billion mark this year, but the company's underwhelming performance in the first and second quarters of 2012 has changed the opinion of analysts.

The new estimate has Facebook's revenue at a 35.9 percent increase from 2011, according to eMarketer's forecast, but analyst … Read more

AOL shareholders are well on their way to collecting that $1.1 billion the company promised them.

AOL announced today that it has entered into a Stock Repurchase Agreement with Barclays Bank that will see the company buy back $600 million worth of shares. According to AOL, it will receive shares through the rest of the year, including 4 million that it'll get from Barclays by the end of the month.

According to AOL, Barclays will buy up its shares on the open market with the proceeds provided in the agreement.

The share repurchase agreement is part of a plan AOL announced back in June … Read more

Shares of Samsung Electronics registered their greatest one-day price drop in nearly five years in their first day of trading after Apple's patent award against the Korean electronics giant.

Shares of Samsung were off 6.98 percent in early morning trading, down 89,000 South Korean wan ($78.38) to 1.19 million wan ($1,043.88). It was the company's largest decline since October 2008. The heavily weighted Samsung brought the South Korean Kospi down 0.6 percent.

The share loss comes three days after a jury in San Jose, Calif., delivered a lopsided victory to Apple, … Read more

A report suggests that Microsoft offloaded around 20 percent of its shares in Facebook just after the social network went public. In doing so, the software giant received $249 million back -- close to $10 million more than it first invested.

The Redmond, Wash.-based company invested $240 million in Facebook in 2007 for a 1.6 percent stake in the social network. Back then it wasn't a huge amount, but was a major boost for Facebook to have a dominant player on its roster. Soon after, Bing Search and Bing Maps were brought to the social network … Read more