BlackBerry Ltd (NASDAQ:BBRY) is set to report its fiscal fourth quarter and full year results on Monday at 8:00 AM EDT. Analysts are not quite optimistic about the company. Wall Street expects the ailing Canadian company to post a loss of $0.57 a share on a revenue of $1.11 billion in the fourth quarter. JPMorgan analyst Rod Hall expects a revenue of $905.6 million, far below the Wall Street consensus. BlackBerry earned a profit of $0.22 a share on revenue of $2.68 billion in the same quarter last year. BlackBerry Ltd (NASDAQ:BBRY) stock opened today at $9.20 and is currently trading at $9.55. The stock showed a negative weekly performance of -3.93%.
Commscope Holding Company (NASDAQ:COMM)‘s stock had its “buy” rating reaffirmed by equities research analysts at Longbow Research in a research note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a $30.00 target price on the stock. Longbow Research’s price objective suggests a potential upside of 25.79% from the stock’s previous close. Commscope Holding Company Inc (NASDAQ:COMM) stock opened at $22.37, in current trading session and currently is at $22.33, by loosing -3.33%. The 52 week range of $14.72-$25.89. Company’s market capitalization is $4.16 billion.
Sprouts Farmers Market Inc (NASDAQ:SFM) announced the pricing of an underwritten public offering of 15,000,000 shares of its common stock by affiliates of Apollo Global Management, LLC (“Apollo”), and certain other stockholders of the Company (collectively, the “Selling Stockholders”) at a public offering price of $33.75 per share. The underwriters of the offering have the option, exercisable until April 26, 2014, to purchase up to an additional 2,250,000 shares of common stock from the Selling Stockholders. Apollo is selling approximately 8.2 million of the total shares (9.4 million if the underwriters’ option is exercised in full). The offering is scheduled to close on April 2, 2014, subject to customary closing conditions. The Selling Stockholders will receive all of the proceeds from the offering. Sprouts Farmers Market Inc (NASDAQ:SFM) stock is currently trading at $35.34 .The EPS of the stock is 0.38. Company’s market capitalization is $5.22 billion.
Facebook Inc (NASDAQ:FB) will shell out $400 million in cash and 23 million of its own shares to Oculus shareholders. The shares are worth around $1.6 billion. The total value of the deal could go as high as $2.3 billion if Oculus meets certain performance targets, on which condition its employees will receive a further $300 million.Facebook Inc (NASDAQ:FB) stock opened the session at $61.34, and now is at $61.22. The 52 week range of the FB stock remained $22.67-$72.59 and the day range was $60.81-$61.85.
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