Oi SA (ADR) (NYSE:OIBR)’s shares gained 1.47% to $1.38. OIBR in accordance with the Material Fact dated December 3, 2013, hereby discloses to its shareholders and the market in general that on March 31, 2014, it concluded, through its subsidiaries Telemar Norte Leste S.A. (“Telemar”) and BRT Servicos de Internet S.A. (“BRTSI”, and together with Telemar, the “Sellers”), the transfer to SBA Torres Brasil Ltda. Oi SA (ADR) (NYSE:OIBR) shares after opening at $1.35 moved to $1.36 on last trade day and at the end of the day closed at $1.35. Company price to sales ratio in past twelve months was calculated as 0.16. Oi SA (ADR) (NYSE:OIBR) showed a positive weekly performance of 1.50%.
Gogo Inc. (NASDAQ:GOGO) said that its business aviation group, Aircell, has launched Gogo Biz in-flight Internet and voice service to business aircraft in Canada. Business aviation customers can now use the service anywhere it´s available in the continental US, Alaska and Canada. Gogo Inc (NASDAQ:GOGO) shares fell -7.99% in last trading session and ended the day on $18.65. Gogo Inc (NASDAQ:GOGO) return on equity ratio is recorded as -183.40% and its return on assets is -28.50%.
Trade-Ideas LLC identified Sky-mobi Ltd (ADR) (NASDAQ:MOBI) as a “perilous reversal” candidate. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) shares moved down -8.50% in last trading session and was closed at $7.64 while trading in range of $7.52 – $8.40 – Sky-mobi Ltd (ADR) (NASDAQ:MOBI) year to date (YTD) performance is 105.38%.
BlackBerry Ltd (NASDAQ:BBRY) just got another nice win in their legal battles. They have successfully defended themselves against a patent infringement case from NXP BV in Florida. BlackBerry Ltd (NASDAQ:BBRY) weekly performance is -2.72%. On last trading day company shares ended up $7.86. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -16.87%. Analysts mean target price for the company is $10.90.
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