News To Watch: Facebook Inc (FB) Slam, DaVita HealthCare Partners Inc (DVA) Results, Tripadvisor Inc (TRIP) & Whole Foods Market, Inc. (WFM)

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Editor’s Note: Related tickers: Facebook Inc (NASDAQ:FB), DaVita HealthCare Partners Inc (NYSE:DVA), Tripadvisor Inc (NASDAQ:TRIP), Whole Foods Market, Inc. (NASDAQ:WFM), The Walt Disney Company (NYSE:DIS), Electronic Arts Inc. (NASDAQ:EA), McKesson Corporation (NYSE:MCK), Mondelez International Inc (NASDAQ:MDLZ), Symantec Corporation (NASDAQ:SYMC)

Liberal groups slam political ads tied to Facebook CEO (USAToday)
A coalition of liberal and environmental groups announced Tuesday that members would stop advertising on Facebook Inc (NASDAQ:FB) for two weeks to object to the “cynical advertising strategy” of a pro-immigration group linked to Facebook Inc (NASDAQ:FB) founder Mark Zuckerberg. “Leaders in the technology community have every right to talk about how immigration reform will benefit their businesses,” said former senator Russ Feingold, founder of Progressives United. But he accused Zuckerberg’s group of “choosing a strategy that’s condescending to voters and counterproductive to reform.” Nine organizations, including MoveOn.org, the Sierra Club and the League of Conservation Voters, joined the protest.

Facebook Inc (NASDAQ:FB)

Thanks to Strong Revenue, Facebook Inc (NASDAQ:FB) a Fortune 500 company (CrazyJoys)
Today the world’s biggest online social network Facebook Inc (NASDAQ:FB) was announced a position holder at the Fortune 500 list after it went public last year. The company went public in March of 2012 although the initial public offering was massively inflated among unsubstantiated hype. The company could not be able to make its place on Fortune 500 fleet since it took its start in 2004. The reason behind this success is said to be the strong revenue growth that bought Facebook Inc (NASDAQ:FB) its 482nd place on the list. The Facebook success also make its founder and chief executive officer Mark Zuckerberg the youngest executive on the fleet.

DaVita HealthCare Partners Inc. 1st Quarter 2013 Results (WSJ)
DaVita HealthCare Partners Inc (NYSE:DVA) today announced results for the quarter ended March 31, 2013. Adjusted income from continuing operations attributable to DaVita HealthCare Partners Inc (NYSE:DVA) for the three months ended March 31, 2013 was $196.9 million, or $1.84 per share, excluding a loss contingency reserve as further discussed below. Income from continuing operations including this item was $16.9 million, or $0.16 per share. Adjusted income from continuing operations attributable to DaVita HealthCare Partners Inc. for the quarter ended March 31, 2012 was $143.8 million, or $1.50 per share, excluding after-tax transaction expenses associated with the acquisition of HCP of $3.6 million, or $0.04 per share. Income from continuing operations attributable to DaVita HealthCare Partners Inc (NYSE:DVA) for the quarter ended March 31, 2012 including this item was $140.2 million, or $1.46 per share.

US District Court dismisses False Claims Act suit against DaVita (NephrologyNews)
DaVita HealthCare Partners Inc (NYSE:DVA) announced that a False Claims Act suit by a former patient that claimed the dialysis provider violated Medicare regulations by failing to follow the nurse-to-patient ratio of 1:12 has been dismissed. In the suit, former DaVita dialysis patient Laura Turner-Hooks had alleged that the nurses at the DaVita HealthCare Partners Inc (NYSE:DVA) Tel-Huron Dialysis facility in Waterford , Mich., where she received dialysis treatments in 2010, were frequently absent from the floor, according to Law 360. The complaint, which was filed in July 2012 and unsealed in November of that year after the government declined to intervene, also alleged that nurses were also often taking care of 18 patients at a time each.


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