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Equities in Focus - Facebook Inc (NASDAQ:FB), SolarCity Corp (NASDAQ:SCTY), Honda Motor Co Ltd (ADR) (NYSE:HMC)

Equities in Focus - Facebook Inc (NASDAQ:FB), SolarCity Corp (NASDAQ:SCTY), Honda Motor Co Ltd (ADR) (NYSE:HMC)
Written by
Joel Najarian
Published on
October 9, 2014
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Facebook Inc (NASDAQ:FB) said it will start targeting its users with ads based on their most recent location. In a blog post, the social networking giant said the ads would reach users within a mile of a particular advertiser, and would be visible for users who have allowed Facebook's mobile application to access their whereabouts. For those who do not share their locations, Facebook Inc (NASDAQ:FB) said it would continue to use the current city listed on their profile pages to target them with ads.In a related development, Facebook's Instagram unit in Australia is reportedly going to add ads to its users' scrolling feed. Mashable said the plan is to have the sponsored ads in the feed appear like the photos users' friends are posting. The ads will be tailored according to users' location, gender and age, Mashable said. The New York Times reported Facebook is also working on a stand-alone mobile app that will allow users to remain anonymous. The app would let Facebook users use multiple pseudonyms to openly discuss topics on the Internet, some of which they may not be comfortable connecting to their real names, according to the Times.Clean energy provider SolarCity Corp (NASDAQ:SCTY) and automobile company Honda Motor Co Ltd (ADR) (NYSE:HMC) have made a follow-on commitment to fund an additional $50 million in solar projects, which comes after a $65 million fund the companies set up in 2013 to finance a range of solar projects that total more than 12.5 MW of solar generation capacity. The partnership provides financing for homeowners, dealerships and corporate facilities to cover the cost of solar equipment and installation, which makes it possible for energy users to pay less for solar electricity than they pay for electricity from utilities.The funding will be available to Honda and Acura customers and dealerships in the U.S. A Bloomberg report also said SolarCity Corp (NASDAQ:SCTY) will start offering loans for rooftop solar power systems to customers who prefer to have their own panels instead of leasing, marking a shift from its successful no-money-down lease program. The report also said customers can finance their solar systems through the loan program at a rate of 4.5%, and that homeowners will also qualify for a 30% federal tax credit that will further reduce the purchase cost. Honda Motor Co Ltd (ADR) (NYSE:HMC) is trading within a 52-week range of $31.26-42.96.

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