BlackBerry Ltd (NASDAQ:BBRY) retained a 3-year contract with the Ontario-based mobile payments software specialist group, EnStream LP in order to safeguard millions of their clients’ mobile payments. The merger between BlackBerry Ltd (NASDAQ:BBRY) and Enstream LP comes in place after quite some time in the making. It appears that both companies were negotiating an agreement for years before finally completing all of their fine tuning and details last week. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 3.00%. On last trading day company shares ended up $7.89. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 4.54%.
On 22 MAY GTT Communications Inc (NYSEMKT: GTT) announced the pricing of a public offering of 3,000,000 shares of common stock at a purchase price of $7.75 per share. The net proceeds to GTT from this offering are expected to be approximately $21.5 million, after deducting underwriting discounts and other estimated offering expenses payable by GTT. GTT Communications Inc (NYSEMKT: GTT) shares fell -2.09% in last trading session and ended the day on $11.22. GTT Gross Margin is 35.50% and its return on assets is -16.00%. GTT Communications Inc (NYSEMKT: GTT) quarterly performance is -6.97%.
On 9 JUNE Comverse Inc (NASDAQ:CNSI) announced that it holds a dominant market share in North America for VoLTE-based (Voice over LTE) services. Several leading communication service providers (CSPs) have made Comverse their sole provider for IP messaging and voicemail services — paving a clear path for richer customer experiences throughout the region. Comverse helps CSPs leverage IP and VoLTE to exploit the capabilities of their 4G networks to deliver rich new voice, video and messaging services while realizing significant cost efficiencies.
Comverse Inc (NASDAQ:CNSI) shares moved up 7.67% in last trading session and was closed at $25.41, while trading in range of $23.92 – $25.49. Comverse Inc (NASDAQ:CNSI) year to date (YTD) performance is -34.51%.
On 12 JUNE Mandalay Digital Group Inc (NASDAQ:MNDL) announced that it has expanded its relationship with Smart to include direct billing connectivity with its DT Pay product. Mandalay Digital Group Inc (NASDAQ:MNDL) ended the last trading day at $3.58. Company weekly volatility is calculated as 9.32% and price to cash ratio as 28.19. Mandalay Digital Group Inc (NASDAQ:MNDL) showed a positive weekly performance of 6.23%.
On 27 MAY Voltari Corp (NASDAQ:VLTC) announced that its 2014 annual meeting of stockholders (the “2014 Annual Meeting”) has been scheduled for July 28, 2014 in New York, NY. The record date for the 2014 Annual Meeting has been set as the close of business on June 16, 2014. Voltari Corp (NASDAQ:VLTC) weekly performance is 1.98%. On last trading day company shares ended up $2.58. Analysts mean target price for the company is $1.79. Voltari Corp (NASDAQ:VLTC) distance from 50-day simple moving average (SMA50) is -15.87%.