Market Movers: Facebook Inc (NASDAQ:FB), Immunomedics Inc. (NASDAQ:IMMU), Alpha Pro Tech Ltd. (NYSEMKT:APT), PBF Energy Inc. (NYSE:PBF), Time Inc. (NYSE:TIME)

Stern Agee CRT analyst, Arvind Bhatia, thinks that Facebook (NASDAQ: FB) will introduce ads on its FB Messenger platform in the next few months, which is not in most sell-side/buyside estimates yet. This also may bode well for near-term monetization of WhatsApp, a 25% larger platform than Messenger.

Facebook Inc (NASDAQ:FB) belongs to Technology sector. Its net profit margin is 20.50% and weekly performance is 1.60%. On last trading day company shares ended up at $106.88.

Zacks Investment Research upgraded shares of Immunomedics, Inc. (NASDAQ:IMMU) from a sell rating to a hold rating in a report issued on Wednesday, Marketbeat reports.

Immunomedics Inc. (NASDAQ:IMMU) shares advanced 3.43% in last trading session and ended the day at $2.11. IMMU Gross Margin is 96.00% and its return on assets is -63.50%. Immunomedics Inc. (NASDAQ:IMMU) quarterly performance is -30.36%.

On 24 February, Alpha Pro Tech Ltd. (NYSEMKT:APT) shares decreased -1.18% and was closed at $1.68. APT EPS growth in last 5 year was -17.40%. Alpha Pro Tech Ltd. (NYSEMKT:APT) year to date (YTD) performance is -4.00%.

PBF Energy Inc. (NYSE:PBF) announced that the company’s management will be presenting and participating in meetings with investors at the Credit Suisse Energy Summit taking place in Vail, Colorado, from February 23 through February 25, 2016.

PBF Energy Inc. (NYSE:PBF) ended the last trading day at $29.58. Company weekly volatility is calculated as 6.98% and price to cash ratio as 6.43. PBF Energy Inc. (NYSE:PBF) showed a weekly performance of 6.90%.

Time Inc. (NYSE:TIME) announced a wide-ranging partnership with ASN Ltd. to develop a Sports Illustrated sports broadcasting and digital network across Asia. The new alliance will rebrand the Hong Kong-based, Pan-Asian ASN and ASN2 pay TV sports channels, companion websites and mobile apps to “Sports Illustrated/Sports Illustrated 2.” The partners will also collaborate on daily programming development, coverage of global sporting events and expansion of worldwide distribution across linear networks, SVOD, OTT, digital, mobile and emerging platforms and technologies.

Time Inc. (NYSE:TIME) shares moved down -0.50% in last trading session and ended the day at $13.84. TIME Gross Margin is 61.00% and its return on assets is -16.60%. Time Inc. (NYSE:TIME) quarterly performance is -13.28%.

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