Communication Services Stocks: BlackBerry (NASDAQ:BBRY), Oi SA (ADR) (NYSE:OIBR), TIM Participacoes SA (NYSE:TSU), Vonage Holdings (NYSE:VG)

Posted by on Mar 06, 2014

BlackBerry Ltd (NASDAQ:BBRY) had launched Z10 about a year ago for Rs 43,990. The price of the handset was dropped by company under a special offer to Rs 29,990 in September 2013. On February 25 this year, the company further announced a limited period offer to sell Z10 for Rs 17,990. BlackBerry Ltd (NASDAQ:BBRY) stock opened at $10.20 in last session, and closed at $10.10, while the day range of BBRY stock is $5.44-$16.82.The stock showed a neagtive weekly performance of -2.23%.

Zacks cut shares of Oi SA (NASDAQ:OIBR) from an outperform rating to a neutral rating in a research report sent to investors on Friday morning, Analyst Ratings Network reports. Oi SA (ADR) (NYSE:OIBR) stock opened at $1.52, in last session and closed at $1.52, by loosed -1.30%.The 52 week range was $1.42-$3.72.Company’s market capitalization is $2.49 billion.

TheStreet Ratings rates TIM Participacoes SA (ADR) (NYSE:TSU) As a buy. The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. TIM Participacoes SA (ADR) (NYSE:TSU) stock gained 2.22% and finished the last session at $24.83.The EPS of the stock remained 1.34. Company’s market capitalization is $12.01 billion.

Vonage Holdings Corp. (NYSE:VG) Director Jeffrey A. Citron sold 500,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $4.57, for a total transaction of $2,285,000.00.  Vonage Holdings Corp. (NYSE:VG) stock opened the session at $4.60, and closed the session at $4.59.The 52 week range of the VG stock remained $2.60-$4.95 and the day range was $4.54-$4.63.

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