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Facebook Spending Gets Thumbs Up From Analysts - If Not Investors


Ron Burgundy
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People pose with mobile devices in front of projection of Facebook logo in this picture illustration taken in ZenicaBy Tenzin Pema and Supantha Mukherjee (Reuters) - Another day, another quarterly report from a technology company that disappointed investors. Facebook Inc's shares fell as much as 7.4 percent to $74.78 in early trading on Wednesday, a day after the company revealed aggressive spending plans for 2015. But analysts were taking a more upbeat view, saying the heavy spending will drive long-term growth and reinforce the social networking giant's market dominance. ...




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