Morning Top Stories: Sodastream International Ltd (NASDAQ:SODA), Vipshop Holdings Ltd – ADR (NYSE:VIPS), Sprint Corporation (NYSE:S), BlackBerry Ltd (NASDAQ:BBRY), Canadian Solar Inc. (NASDAQ:CSIQ)

Posted by on May 16, 2014

On May 14, 2014, Sodastream International Ltd (NASDAQ:SODA), announced financial results for its first quarter of fiscal 2014 (1QFY14) just before markets opened. The Israel-based manufacturer of soda-making machines said its profit declined sharply from the same quarter last year due to a drop in sales in the US and higher marketing expenses. For the quarter ended March 31,SodaStream posted net income of just $1.78 million, down 85% from $12.1 million in 1QFY13. Earnings per share (EPS) fell to 8 cents from 57 cents in the same quarter last year, but managed to stay above analysts’ estimates of 3 cents a share. Total revenues were flat from last year at $118 million, in line with Street estimates. Sodastream International Ltd (NASDAQ:SODA), net profit margin is 7.50% and weekly performance is -1.03%. On last trading day company shares ended up $40.46. Analysts mean target price for the company is $44.29. Sodastream International Ltd (NASDAQ:SODA), distance from 50-day simple moving average (SMA50) is -2.55%.

Vipshop Holdings Ltd – ADR (NYSE:VIPS), reported first quarter adjusted EPS of $0.63 after the close Wednesday, up from $0.17 last year. The consensus estimate was for EPS of $0.48. Vipshop Holdings Ltd – ADR (NYSE:VIPS), advanced 9.64% in last trading session and ended the day on $164.46. VIPS, Gross Margin is 24.00% and its return on assets is 7.10%. Vipshop Holdings Ltd – ADR (NYSE:VIPS), quarterly performance is 43.56%.

Sprint Corporation (NYSE:S), was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained almost 14% since Apr 28. Sprint Corporation (NYSE:S), shares moved up 6.01% in last trading session and was closed at $9.53, while trading in range of $9.00 – 9.66. Sprint Corporation (NYSE:S), year to date (YTD) performance is -11.35%.

Canada-based cell phone maker BlackBerry Ltd (NASDAQ:BBRY), launched a budget touchscreen device, the Z3, on Tuesday in Jakarta, in an effort to regain its foothold in the world’s fourth most populous nation. BlackBerry Ltd (NASDAQ:BBRY), ended the last trading day at $7.38. Company weekly volatility is calculated as 2.64% and price to cash ratio as 1.42. BlackBerry Ltd (NASDAQ:BBRY), showed a positive weekly performance of 0.54%.

Canadian Solar Inc. (NASDAQ:CSIQ), one of the world’s largest solar power companies, has announced a partnership with IKEA Australia, a globally celebrated leader of the retail industry. Canadian Solar Inc. (NASDAQ:CSIQ), net profit margin is 1.90% and weekly performance is -2.50%. On last trading day company shares ended up $25.32. Analysts mean target price for the company is $48.29. Canadian Solar Inc. (NASDAQ:CSIQ), distance from 50-day simple moving average (SMA50) is -16.96%.

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