Can’t Ignore: US Energy Corp., BlackBerry Ltd (NASDAQ:BBRY), NetScout Systems (NASDAQ:NTCT), Onconova Therapeutics (NASDAQ:ONTX), Turquoise Hill Resources (NYSE:TRQ)

Posted by on Oct 12, 2015

US Energy Corp. (NASDAQ:USEG) shares moved up 3.06% in last trading session and ended the day at $0.50. USEG Gross Margin is -22.40% and its has a return on assets of -29.10%. US Energy Corp. (NASDAQ:USEG) quarterly performance is 7.45%.

U.S. Energy Corp. (NASDAQ:USEG) has announced several changes in the management structure of the Company. The Board of Directors appointed Mr. David Veltri, President & Chief Operating Officer to the additional position of Chief Executive Officer. Mr. Veltri will implement and oversee the Company’s transition to Denver. The Board accepted the resignation of Mr. Keith G. Larsen, Chief Executive Officer and Chairman of the Board, effective September 25, 2015. The Board accepted resignations from Mr. Steven Richmond, Chief Financial Officer, and Mr. Bryon Mowry, Principal Accounting Officer and Corporate Secretary, effective year end 2015 or earlier contingent upon transition timelines. An effort to hire a suitable replacement for Mr. Richmond as the Company’s Chief Financial Officer is currently underway by the transition team and they are looking to fill the position in the near term in order to begin the transition process for the Company’s accounting function to the new Denver, Colorado office.

BlackBerry Ltd (NASDAQ:BBRY) shares advanced 1.71% in last trading session and ended the day at $7.41. BBRY Gross Margin is 48.40% and its has a return on assets of 0.00%. BlackBerry Ltd (NASDAQ:BBRY) quarterly performance is -4.08%.

BlackBerry Ltd (NASDAQ:BBRY) announced that its turnaround strategy was on track, but sagging revenue and the company’s decision to launch an Android-powered phone to boost device sales told a different story.
After failing in its attempt to compete against Apple Inc. and Samsung Electronics Co. inthe consumer smartphone market, BlackBerry in recent years has instead bet on BlackBerry-powered devices loaded with security and productivity tools, and sales of higher-margin mobile security offerings, to reignite growth.

On 09 October, NetScout Systems, Inc. (NASDAQ:NTCT) shares moved up 1.65% and was closed at $38.17. NTCT EPS growth in last 5 year was 17.00%. NetScout Systems, Inc. (NASDAQ:NTCT) year to date (YTD) performance is 4.46%.

NetScout Systems, Inc. (NASDAQ:NTCT) has received a short term rating of hold from research analysts at Zacks with a rank of 3.

Onconova Therapeutics, Inc. (NASDAQ:ONTX) shares moved up 5.17% in last trading session and ended the day at $1.52. Its has a return on assets of -114.30%. Onconova Therapeutics, Inc. (NASDAQ:ONTX) quarterly performance is -40.20%.

Onconova Therapeutics, Inc. (NASDAQ: ONTX), announced that the Company has entered into a share purchase agreement and a registration rights agreement (“Agreements”) with Lincoln Park Capital Fund, LLC (“LPC”). Upon signing the Agreements, LPC made an initial purchase of 846,755 shares of the Company’s common stock for $1,500,000.

Turquoise Hill Resources Ltd. (NYSE:TRQ) caters to the Basic Materials space. It has a net profit margin of 10.00% and weekly performance is 14.34%. On the last day of trading company shares ended up at $3.03. Turquoise Hill Resources Ltd. (NYSE:TRQ) distance from 50-day simple moving average (SMA50) is 1.41%.

Turquoise Hill Resources Ltd. (NYSE:TRQ) has announced the resignation of Stewart Beckman, Senior Vice President, Operations and Technical Development, effective October 1, 2015. Mr. Beckman has accepted a new position within Rio Tinto. Jeff Tygesen, Turquoise Hill Chief Executive Officer, said, “I would like to thank Stewart for his significant contribution to Turquoise Hill, where he has been an integral part of the management team since May 2012. He has been a driving force behind the operational advancement of Oyu Tolgoi and led the preparation for underground development.”

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