Tag: Citigroup

  • Morning Buzz: BlackBerry (NASDAQ:BBRY), First Solar, (NASDAQ:FSLR), Pier 1 Imports (NYSE:PIR), NVIDIA (NASDAQ:NVDA), Citigroup (NYSE:C)

    Blackberry Ltd (NASDAQ:BBRY) on 18 June announced the closing on a new deal with Amazon. Blackberry Ltd is set to begin pre installing the Amazon app store downloads on their new Black berry z10. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 24.33%. On last trading day company shares ended up $9.81. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 29.64%.

    First Solar, Inc. (NASDAQ:FSLR) on June 16, 2014 announced that the company was chosen by Tenaska Solar Ventures, an independent energy company; for the designing and construction of 150 megawatt (MW)AC Tenaska Imperial Solar Energy Center West project in California. The project will come up near El Centro. First Solar, Inc. (NASDAQ:FSLR) shares advanced 0.92% in last trading session and ended the day on $68.90. FSLR gross Margin is 26.50% and its return on assets is 6.00%.First Solar, Inc. (NASDAQ:FSLR) quarterly performance is -6.09%.

    Equities researchers at Raymond James lowered their price target on shares of Pier 1 Imports (NYSE:PIR) from $24.00 to $22.00 in a research report issued on Friday. The firm currently has a “strong-buy” rating on the stock. Raymond James’ target price suggests a potential upside of 44.93% from the company’s current price. Pier 1 Imports Inc. (NYSE:PIR) shares moved down -4.29% in last trading session and was closed at $15.18, while trading in range of $15.00 – $15.73. Pier 1 Imports Inc. (NYSE:PIR) year to date (YTD) performance is -33.83%.

    According to recently published reports NVIDIA Corporation (NASDAQ:NVDA) has decided to extend its gaming alliance with UBISOFT ENT. ADR (OTCMKTS:UBSFY). The main reason behind this extension is NVDA’s intentions to support UBSFY’s latest games such as Far Cry 4, Assassin’s Creed Unity, Tom Clancy’s The Division and The Crew. UBSFY is trying to make its games more supportive for PC users and NVDA is a well-established player in PC gaming market, hence the extended alliance between these two market leaders is focused at delivering an enhanced experience to all the PC games lovers. NVIDIA Corporation (NASDAQ:NVDA) ended the last trading day at $18.93. Company weekly volatility is calculated as 1.77% and price to cash ratio as 2.43.NVIDIA Corporation (NASDAQ:NVDA) showed a negative weekly performance of -3.12%.

    Citigroup Inc. (NYSE:C) said on Friday that Ned Kelly, a former chief financial officer who went on to advise as chairman of the company’s investment bank, is retiring. Kelly, 61, will be replaced by Stephen Volk, who joined the bank in 2004 and will continue to be a vice chairman of Citigroup, a spokeswoman said. A small group of senior client advisors, including Peter Orszag and Leon Kalvaria, who have been reporting to Kelly will report to Volk, she said. Citigroup Inc. (NYSE:C) net profit margin is 26.80% and weekly performance is -0.53%. On last trading day company shares ended up $47.34. Analysts mean target price for the company is $58.21. Citigroup Inc. (NYSE:C) distance from 50-day simple moving average (SMA50) is -0.54%.