Trade Commissionand: Teflon Company and Bottom Line

trade commissionand: Even as the impact from all its privacy controversies and government inquiries is now starting to show up in both the top and bottom line, Facebook FB, -0.48% continues to be a Teflon company for investors, according to Market Watch. Earlier Wednesday, before it announced its second-quarter results, Facebook announced a 5 billion settlement with the Federal Trade Commissionand a separate 100 million fine to the Securities and Exchange Commission. But investors have barely flinched. And later, during the company's conference call with investors, Facebook Chief Financial Officer David Wehner said that he expects revenue growth rates will decelerate on a sequential basis. When asked for more details, Wehner cited lower price points for ad impressions and tough comparisons with the previous fourth quarter. We also expect more pronounced deceleration in the fourth quarter and into 2020, partially driven by ad targeting-related headwinds and uncertainties, Wehner told analysts. (news.financializer.com). As reported in the news.