Facebook is feeling the need for speed. Here's Thursday’s Bloomberg After The Bell Report.
New York Stock Exchange - 8011.42 down 62.81
American Stock Exchange - 2415.63 up 3.84
Nasdaq composite - 3053.40 down 20.27
Standard and Poors 500 - 1402.08 down 11.41
Stocks fell as the S&P headed toward its first weekly decline in almost two months. This, amid concern Europe's leaders are not doing enough to end the region's debt crisis.
Meantime, JD Power and Associates says when it comes to network quality, Verizon Wireless ranks highest among other U.S. wireless providers in 43 states across the country. The study ranked call, messaging and data quality based on customer surveys.
Facebook is feeling the need for speed. The social networking giant is updating its app for the iPhone and iPad to make it faster for users. The new software aims to double the speed for starting the app and scrolling through the news feed. Speeds should also double for opening photos.
Here's a sign of the tough economy. Three out of five teachers say they see hungry children in classrooms, according to a survey by Share Our Strength. Teachers are worried that hunger is hurting the learning process and that the problem is getting worse.