BlackBerry Ltd (NASDAQ:BBRY) approaches towards its fourth quarter results, its estimates continue to be revised lower as the experts believe that the company is still in a struggling zone under its new leadership, John Chen, who is working his way hard to turn around the company. Currently, the company is continuing its measure of cost reduction and is focused to strengthen the balance sheet. Moreover, as a result of company’s certain decisions like the Foxconn deal and reduction in expenses might reflect on its profitability in the coming times. As per the current estimates, BlackBerry Ltd (NASDAQ:BBRY)’s profitability is perceived to be improving before its revenues. On top of this, analyst upgradations with CLSA, being the latest to revise its rating from sell to ‘under perform’ while increasing its price target to $9.50 points out at the long term growth prospects of the company. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $9.15 moved to $9.40 on last trade day and at the end of the day closed at $9.38. Company price to sales ratio in past twelve months was calculated as 0.39 and price to cash ratio as 1.80. BlackBerry Ltd (NASDAQ:BBRY) showed a positive weekly performance of 2.24%.
Intel Corporation (NASDAQ:INTC) is trying to get into niche business areas such as smartphones smartwatches. Intel is aiming to be a major CPU supplier of the embedded chips in the wearable device market. There are two smartwatch categories: one that is focused on health and wellness and another that acts as a secondary display and controller for your smartphone. With Intel’s processor, both these functions could be offered from a single smartwatch. Corporation (NASDAQ:INTC) shares fell -0.20% in last trading session and ended the day on $25.12. INTC return on equity ratio is recorded as 17.60% and its return on assets is 10.90%. Intel Corporation (NASDAQ:INTC) yearly performance is 22.30%.
Oracle Corporation (NYSE:ORCL) is helping the other companies to maintain growth, profit and efficiency. This is utmost requirement for any company to survive in this world. Now all the company wants to perform well keeping their wasteful expenditure up to the minimum. If this is not followed then it becomes tough to survive in this competitive environment. Kamal Osman Jamjoom (KOJ) is well known retail groups with operations in six gulf countries. It deals in fashion, beauty and child learning and in some other products. Oracle Corporation (NYSE:ORCL) shares moved up 1.81% in last trading session and was closed at $38.18, while trading in range of $37.38-$38.33. Oracle Corporation (NYSE:ORCL) year to date performance is 0.10%.
Since gapping lower on Feb. 21 on lackluster fourth-quarter earnings, Groupon Inc (NASDAQ:GRPN) has been churning in the $8.25-to-$8.75 range. A group of option traders yesterday bet on this trend to continue by selling to open the stock’s April 7 puts.Specifically, nearly 2,150 contracts — including a sweep of 1,796 — traded at this out-of-the-money strike. The majority of the volume crossed at or below the bid price, and nearly all of it translated to open interest overnight, suggesting the puts were written to open. In so doing, the traders expect GRPN shares to remain perched above $7 — a level not breached since last June — through options expiration on Thursday, April 17.Groupon Inc (NASDAQ:GRPN) weekly performance is -2.88%. On last trading day company shares ended up $8.10. Groupon Inc (NASDAQ:GRPN) distance from 50-day simple moving average is -16.49%. Analysts mean target price for the company is $11.19.
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