BlackBerry Ltd. (NASDAQ:BBRY) CEO John Chen said the chances of turning around the struggling smartphone maker have risen to 80-20. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 4.40%. On last trading day company shares ended up $7.60. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -2.54%.
Cumberland-based Cbeyond Inc. (NASDAQ:CBEY) announced advancements of its dark fiber on-net and near-net build out strategy, in which small and mid-sized businesses can now reap the rewards of broadband high-bandwidth fiber optic networks. Cbeyond, Inc. (NASDAQ:CBEY) shares fell -0.20% in last trading session and ended the day on $9.87. CBEY Gross Margin is 63.90% and its return on assets is -6.50%. Cbeyond, Inc. (NASDAQ:CBEY) quarterly performance is 44.09%.
8×8, Inc. (NASDAQ:EGHT) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for EGHT broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. 8×8, Inc. (NASDAQ:EGHT) shares moved down -1.96% in last trading session and was closed at $7.52, while trading in range of $7.37 – $7.75. 8×8, Inc. (NASDAQ:EGHT) year to date (YTD) performance is -25.91%.
Iridium Communications Inc. (NASDAQ:IRDM) on 29 May 2014 announced it has extended its agreement to provide satellite connectivity to SkyBitz in support of their new SkyBitz as a Service (SBS) offering. As a leader in remote asset tracking and information management solutions, the new SBS offering will provide SkyBitz customers with an innovative way to employ their asset management solutions without any upfront capital investment. Iridium Communications Inc. (NASDAQ:IRDM) ended the last trading day at $7.92. Company weekly volatility is calculated as 6.31% and price to cash ratio as 2.89. Iridium Communications Inc. (NASDAQ:IRDM) showed a positive weekly performance of 6.31%.
Boingo Wireless Inc (NASDAQ:WIFI) shares are far outperforming the Nasdaq this year due to advertising strength, as well as growth in the WIFI provider’s military business, says the company’s CEO Dave Hagan. Hagan says revenue was 14% higher in its first quarter because customers re-upped their ad purchases after successful Q4 campaigns. Boingo Wireless Inc (NASDAQ:WIFI) net profit margin is -7.40% and weekly performance is 1.19%. On last trading day company shares ended up $6.82. Analysts mean target price for the company is $8.88. Boingo Wireless Inc (NASDAQ:WIFI) distance from 50-day simple moving average (SMA50) is 1.11%.
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