The activist hedge fund manager Dan Loeb has taken a stake in BlackBerry Ltd (NASDAQ:BBRY), the ailing smartphone maker, in a move that pitches him back into the orbit of Prem Watsa, the Canadian investment guru who sued him eight years ago. Mr Watsa’s Fairfax Financial is BlackBerry’s largest shareholder, and led a refinancing of the company last year, after failing to find backers for an outright takeover bid. BlackBerry Ltd (NASDAQ:BBRY) stock opened at $9.27 in last trading session, and closed at $8.98, trading in the range of $8.95 – $9.33. The stock showed a negative weekly performance of -8.65%.
Vodafone Group Plc (ADR) (NASDAQ:VOD) ‘s stock had its “outperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Wednesday, StockRatingsNetwork.com reports. They currently have a GBX 245 ($4.02) target price on the stock. Credit Suisse’s price target points to a potential upside of 10.63% from the company’s current price. Vodafone Group Plc (ADR) (NASDAQ:VOD) shares closed at $36.81 on last trade day. Stock 52 week range is $24.42 – $39.44. Company’s market capitalization is $178.39 billion.
Verizon Communications Inc. (NYSE:VZ), operator of the nation’s largest 4G LTE network and largest, most reliable 3G network. WHAT: With ski and snowboard season in full swing, Verizon Wireless enhanced fourth generation (4G) Long Term Evolution (LTE) network coverage at Okemo Mountain Resort in Ludlow, Vermont. 4G LTE empowers Verizon Wireless customers with compatible devices to surf the Web, post status updates and photos, and download files wirelessly at speeds up to 10 times faster than customers on 3G networks. Verizon Communications Inc. (NYSE:VZ) stock decreased -1.69% and finished the last session at $46.51. The EPS of the stock remained 4.00. Company’s market capitalization is $133.11 billion.
Intelligent Living Inc. (otcqb:ILIV) announced the appointment of Zynga Inc (NASDAQ:ZNGA) founding team member, Tom Bollich, to the Advisory Board with an emphasis on helping to boost the MIND360 suite of products. “This is a great day for us at Intelligent Living Inc. Tom is an outstanding gaming and business advisor and we are very pleased that he has agreed to join our Company. We look forward to enhancing our gaming presence and depth within MIND360 Studios,” Victoria Rudman, CEO of Intelligent Living said. Zynga Inc (NASDAQ:ZNGA) stock opened at $4.80 in last trading session and closed at $4.87. The 52 week range of the stock is $2.50 – $5.06 and the day range was $4.74 – $5.06.
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