Losers On MAjor News: Apple Inc. (NASDAQ:AAPL), BlackBerry Ltd (NASDAQ:BBRY), Facebook Inc (NASDAQ:FB), Amazon.com (NASDAQ:AMZN)

Apple Inc. (NASDAQ:AAPL) is working on a so-called “iWatch” that has been uncovered by the Financial Times. According to multiple horology industry workers and executives from various luxury watch brands in Europe contacted by the Financial Times, Apple has been attempting to poach Swiss watchmakers from various watch brands owned by multinational luxury goods conglomerate LVMH. Apple Inc. (NASDAQ:AAPL) shares after opening at $538.32 moved to $538.94 on last trade day and at the end of the day closed at $536.86 . Company price to sales ratio in past twelve months was calculated as 2.76 and price to cash ratio as 11.82. Apple Inc. (NASDAQ:AAPL) showed a negative weekly performance of 0.75%

The shares of BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) plummeted more than 7% to $8.41 per share after reporting that its revenue for its fiscal 2014 fourth quarter declined 64% to $976 million compared with its $2.7 billion revenue in the same period in 2013. BlackBerry Ltd (NASDAQ:BBRY) shares fell -7.07% in last trading session and ended the day on $8.41. BBRY return on equity ratio is recorded as -8.67% and its return on assets is -6.35%. BlackBerry Ltd(NASDAQ:BBRY) yearly performance is -41.80%.

The Facebook (NASDAQ:FB) CEO wants everyone to sign up for his site, whether they live in rural Africa or somewhere in the Australian outback. To that end, Facebook’s Connectivity Lab wants to connect the entire world to the Internet, whether it takes existing technology, or the invention of something entirely new, to get it done. Facebook Inc (NASDAQ:FB) shares moved down -1.57% in last trading session and was closed at $60.01, while trading in range of $59.33 – 61.95 . Facebook Inc(NASDAQ:FB) year to date (YTD) performance is 9.81%.

Amazon.com Inc. has invested heavily on making TV shows and movies available to customers who pay $99 a year for Amazon Prime. Members benefit from two-day shipping on certain items and access to videos including original series like “Betas” and “Alpha House.”Amazon.com, Inc. (NASDAQ:AMZN) weekly performance is -6.19%. On last trading day company shares ended up $338.29. Amazon.com, Inc. (NASDAQ:AMZN) distance from 50-day simple moving average (SMA50) is -8.02%. Analysts mean target price for the company is $433.45.

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