Blackberry Ltd (NASDAQ:BBRY) aims to regain market share in Indonesia after two years in which the Canadian firm saw a decrease in its share in the Indonesian smartphone market, The Jakartarta Times reports, citing Blackberry CEO John Chen. The executive highlighted that Indonesia is one of the largest markets for BlackBerry Messenger (BBM). Last May, Blackberry launched its new Z3 Jakarta Edition smartphone in the country. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 6.76%. On last trading day company shares ended up $7.90. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 4.13%.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced an agreement withShenyang Huaqiang Jinlang City Square Properties Co., Ltd. to debut the W Hotels brand in Shenyang, a Northeast China province. Scheduled to open in 2019, W Shenyang will be located along Qingnian Avenue, known as the city’s Golden Corridor, which comprises the central business district, central administration district and central cultural district. Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) shares advanced 0.12% in last trading session and ended the day on $80.59. Gross Margin is 69.60% and its return on assets is 6.30%. Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) quarterly performance is 2.65%.
Extended Stay America, Inc. (NYSE:STAY) announced that its subsidiary, ESH Hospitality, Inc., priced a $375 million Senior Secured Term Loan (the “Term Loan”) at LIBOR plus 4.25%, with a minimum LIBOR of 0.75%, with a five year term, and offered at 99.5. The financing is expected to close on June 23, 2014, subject to the execution of definitive documentation and customary closing conditions. Extended Stay America Inc (NYSE:STAY) shares moved up 5.18% in last trading session and were closed at $23.54, while trading in range of $22.27 – $23.87. Extended Stay America Inc (NYSE:STAY) year to date (YTD) performance is -9.46%.
Shares of Linn Energy LLC (NASDAQ:LINE) have earned an average recommendation of “Hold” from the fifteen ratings firms that are currently covering the stock,Analyst Ratings Network reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. Linn Energy LLC (NASDAQ:LINE) ended the last trading day at $30.16. Company weekly volatility is calculated as 1.32% and price to cash ratio as 146.34. Linn Energy LLC (NASDAQ:LINE) showed a positive weekly performance of 4.14%.
On June 6, Siemens AG (ADR) (OTCMKTS:SIEGY) is to axe 11,600 jobs in an effort to cut its costs by EUR 1 billion ($1.34 billion). The German engineering giant said that the cuts will form part of its ‘Vision 2020’ plan. Siemens AG (ADR) (OTCMKTS:SIEGY) On last trading day company shares ended up $135.22 .
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