Last Friday, BlackBerry Ltd (NASDAQ:BBRY) won the preliminary injunction to prevent Typo Products LLC, Ryan Seacrest’s company, from selling a $99 iPhone case after the overriding judge said that Typo Products LLC had infringed on BlackBerry’s patents, Reuters reports. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $9.20 moved to $9.64 on last trade day and at the end of the day closed at $8.41. Company price to sales ratio in past twelve months was calculated as 0.35 and price to cash ratio as 1.61. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -8.39%.
Equities research analysts at Raymond James upped their price objective on shares of Red Hat (NYSE:RHT) from $59.00 to $63.00 in a research note issued to investors on Friday, Analyst Ratings.Net reports. Raymond James’ price objective indicates a potential upside of 12.24% from the stock’s previous close. Red Hat Inc. (NYSE:RHT) shares fell -6.95% in last trading session and ended the day on $52.23. RHT return on equity ratio is recorded as 12.10% and its return on assets is 6.40%. Red Hat Inc. (NYSE:RHT) yearly performance is 3.30%.
Caesars Entertainment Corp. (NASDAQ:CZR) fell 7.4 percent to its lowest price since December after the casino operator said it will offer 7 million common shares, worth about $147.6 million at yesterday’s prices. Caesars Entertainment Corp (NASDAQ:CZR) shares moved down -7.40% in last trading session and was closed at $19.52, while trading in range of $19.09 – $19.96. Caesars Entertainment Corp (NASDAQ:CZR) year to date (YTD) performance is -9.38%.
Isis Pharmaceuticals, Inc. (NASDAQ:ISIS) announces Antisense Targeting Of HBV Produces Dose-Dependent Reductions In Hepatitis B Virus In An Animal Model Of HBV. ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) weekly performance is -9.65%. On last trading day company shares ended up $39.70. ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) distance from 50-day simple moving average (SMA50) is -20.14%. Analysts mean target price for the company is $54.44.