Investors Are Watching: BlackBerry Ltd (NASDAQ:BBRY), New Mountain Finance (NYSE:NMFC), Lockheed Martin Corporation (NYSE:LMT), Life Time Fitness (NYSE:LTM), Bed Bath & Beyond (NASDAQ:BBBY)

Posted by on Jun 13, 2014

BlackBerry Ltd (NASDAQ:BBRY) said on Thursday it has signed a agreement with EnStream LP, a mobile payments joint venture owned by Canada’s three large wireless carriers, to provide a secure platform for transactions between banks and consumers. Under the deal, EnStream would use BlackBerry infrastructure so financial institutions and mobile operators can securely store sensitive payment card details on any smartphone capable of using a near field communication (NFC) tag. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 5.59%. On last trading day company shares ended up $8.12. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 7.59%.

On June 4, 2014, New Mountain Finance Corporation Corp. (NYSE:NMFC) entered into a $50 million senior secured revolving credit facility maturing on June 4, 2019 provided by Goldman Sachs Bank USA (the “Goldman Facility”) and a related guarantee and security agreement. The Goldman Facility is guaranteed by certain domestic subsidiaries of the Company and proceeds of the Goldman Facility may be used for general corporate purposes, including the funding of portfolio investments. Amounts drawn under the Goldman Facility will generally bear interest at either LIBOR plus 2.50% or the prime rate plus 1.50%. The Goldman Facility includes customary covenants, including certain financial covenants related to asset coverage and liquidity and other maintenance covenants, as well as customary events of default. New Mountain Finance Corp. (NYSE:NMFC) shares advanced 1.70% in last trading session and ended the day on $14.36. Its return on assets is 11.40%. New Mountain Finance Corp. (NYSE:NMFC) quarterly performance is -1.85%.

Lockheed Martin Corporation (NYSE:LMT) received a contract from the U.S. Air Force with an initial value of $109 million for sustainment of the reentry subsystem for the Minuteman III intercontinental ballistic missile (ICBM). Lockheed Martin Corporation (NYSE:LMT) shares moved down -1.15% in last trading session and was closed at $ 162.64, while trading in range of $162.18 – $164.76. Lockheed Martin Corporation (NYSE:LMT) year to date (TD) performance is 11.23 %.

On June 11, Life Time Fitness, Inc. (NYSE:LTM) announced the planned summer opening of its new indoor and outdoor tennis destination, Life Time Athletic and Tennis Plano. Life Time Fitness, Inc. (NYSE:LTM) ended the last trading day at $46.29. Company weekly volatility is calculated as 2.46 % and price to cash ratio as 151.35. Life Time Fitness, Inc. (NYSE:LTM) showed a positive weekly performance of 0.83%.

Bed Bath & Beyond Inc (NASDAQ:BBBY) was downgraded by investment analysts at Wolfe Research to an “underperform” rating in a note issued to investors on Tuesday. Bed Bath & Beyond Inc. (NASDAQ:BBBY) net profit margin is 8.90% and weekly performance is -1.40%. On last trading day company shares ended up $60.47. Analysts mean target price for the company is $71.00. Bed Bath & Beyond Inc. (NASDAQ:BBBY) distance from 50-day simple moving average (SMA50) is -4.10%.

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