Facebook is making some of its business clients buy ads and a deodorant company has come up with a unique way to fight bullying. Here's Thursday’s Bloomberg After The Bell Report.
American Stock Exchange
2484.34 down 4.56
3175.96 down 6.66
Standard and Poors 500
1460.26 down 0.79
Facebook is looking to profit off its "offers" feature. The offers are used to bring in customers through discounts on products and services. The company will make businesses purchase ads for the offers. Up until now the service had been free.
Stocks fell amid increased worries the global economic slowdown is getting worse. Shares of Amazon fell after Walmart said it would stop selling Kindle tablets and eReaders. Analysts tell us Walmart's move is not necessarily a big surprise because when Walmart sells a Kindle, it's essentially helping its customers shop for goods over the Internet and not at Walmart.
Secret deodorant is sending the message that being mean stinks. The company embarked on its second annual Mean Stinks campaign to battle bullying in schools, this year teaming up with musicians to inspire girls to treat each other well and not take part in bullying.