On June 20, 2014, The comment comes from the CEO after BlackBerry Ltd (NASDAQ:BBRY), reported its first quarter 2015 results on Thursday posting a smaller than expected loss. The company’s net income was $23 million, or 4 cents per share, on revenue of approximately $966 million. Its adjusted loss was reported to be $60 million, or 11 cents per share, which is smaller compared to its loss of $67 million during the same quarter last year. Analysts expected the phone maker to post an adjusted loss of 27 cents per share. BlackBerry’s quarterly revenue decreased to $966 million from $3.07 billion for the same quarter a year ago while its cash and investments increased from $2.7 billion in the previous quarter to $3.1 billion for the just-ended quarter. BlackBerry Ltd (NASDAQ:BBRY), net profit margin is -6.73% and weekly performance is 27.62%. On last trading day company shares ended up $10.12. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY), distance from 50-day simple moving average (SMA50) is 33.08%.
Florida-based cruiser Carnival Corporation (NYSE:CCL), is set to report second-quarter 2014 results on Jun 24, 2014, before the opening bell. In the last quarter, it posted a positive earnings surprise of 100.0%, driven by better-than-expected top line. Let’s see how things are shaping up for the upcoming announcement. Carnival Corporation (NYSE:CCL), advanced 0.77% in last trading session and ended the day on $39.41. CCL, Gross Margin is 31.30% and its return on assets is 2.60%. Carnival Corporation (NYSE:CCL), quarterly performance is 0.83%.
Cirrus Logic, Inc. (NASDAQ:CRUS), was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 10,596,730 shares, a decrease of 9.4% from the April 30th total of 11,694,824 shares, American Banking News.com reports. Based on an average daily trading volume, of 1,192,713 shares, the days-to-cover ratio is currently 8.9 days. Currently, 17.1% of the company’s shares are short sold. Cirrus Logic, Inc. (NASDAQ:CRUS), shares moved up 2.81% in last trading session and was closed at $23.78, while trading in range of $23.05 – 23.86. Cirrus Logic, Inc. (NASDAQ:CRUS), year to date (YTD) performance is 16.40%.
OHR Pharmaceutical Inc (NASDAQ:OHRP), a research and development company with a primary focus in ophthalmology, announced that it will host a conference call and webcast on Tuesday, June 24th to discuss Squalamine interim Phase II data in wet age-related macular degeneration (“wet-AMD”). OHR Pharmaceutical Inc (NASDAQ:OHRP), ended the last trading day at $11.40. Company weekly volatility is calculated as 7.89% and price to cash ratio as 76.93. OHR Pharmaceutical Inc (NASDAQ:OHRP), showed a negative weekly performance of 27.95%.