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The so-so network
Facebook week is upon us, with the social network slated to go public on Friday. While the typical IPO "pop" is to be expected, many observers aren't so bullish on the long-term outlook for the house of Zuckerberg. As it's coming out with an extremely rich valuation of around 60 times forward earnings, there won't be much room for error in ensuing quarters. And with a number of near-term headwinds facing the company, such as growing concern over monetizing mobile users, there will be a heavy emphasis on emerging efforts to drive revenue growth going forward.
Shake-ups in the executive ranks dominated the headlines yesterday and will likely continue to throughout the week. Yesterday, Yahoo!
On deck for earnings
The sole S&P 500 company announcing earnings today is Agilent Technologies
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Brenton Flynn owns shares of Chesapeake Energy. The Motley Fool owns shares of Yahoo!, JPMorgan Chase, and Apple. Motley Fool newsletter services have recommended buying shares of Yahoo!, Apple, and Chesapeake Energy. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.