Facebook shares gain after it adds new retail partners

Facebook Inc. closed at the highest price in more than three months after expanding the roster of retailers that let users buy and send items to friends on its website, helping the owner of the world’s biggest social network push into e-commerce.

Partners added include Brookstone Inc., Dean & Deluca Inc. and Fab.com Inc., Facebook said at a press conference yesterday in New York. “Tens of millions” of users in the U.S. can now access products via the gifting service, which was introduced in September with retailers such as Starbucks Corp. and             1-800- Flowers      .com Inc. Shares of Facebook rose 6.3 percent to $23.56 in New York, for the biggest close since July 27…..

Read all about it at http://www.washingtonpost.com/business/facebook-gains-on-gifts-push-in-e-commerce-san-francisco-mover/2012/11/16/fa036c50-3036-11e2-af17-67abba0676e2_story.html?tid=pm_business_pop