“Iron Man 3,” the superhero movie from Walt Disney Co.’s Marvel division, looks set to jump-start the summer movie season with the biggest opening in a year that so far has proved disappointing to Hollywood.
Facebook Inc., the largest social- networking service, is making headway in its push to boost sales by giving advertisers more ways to reach people who share photos and status updates over wireless devices.
Facebook Inc., owner of a social network used by more than 1 billion people, rose more than 2 percent after a research report said the company is showing signs of success in a push to make money from mobile users.
As Facebook Inc. explores a broader range of money-making businesses, such as video ads and music streaming, it will need to shake off the growing pains that marked its first quarters as a public company.
Walt Disney Co. dropped the most in 15 months after reporting fiscal fourth-quarter sales that missed analysts’ estimates amid an ad-sales decline at the ABC network and weakening trends at cable-sports powerhouse ESPN.