Just five years ago, BlackBerry Ltd. (NASDAQ:BBRY) accounted for roughly half of the smartphone market in North America. Yesterday its share is a mere 0.6%, according to research firm IDC. As consumers have flocked to Apple AAPL and Android-powered phones world-wide, the Waterloo, Ontario-based firm has faltered. For its fiscal fourth quarter ended March 1, the company reported a net loss of $423 million. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is -2.69%. On last trading day company shares ended up $7.24. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -10.87%.
US multinational conglomerate General Electric (NYSE:GE) is exploring possibilities to establish a regional business hub in Indonesia due to the promising perspectives of both Indonesia and other countries in Southeast Asia. Currently, Indonesia is the largest market for GE in Southeast Asia, accounting for roughly 30 percent of the company’s revenue in this region (but Indonesia’s regional peers are developing rapidly as well). However, GE Indonesia CEO Handry Satriago said that human resources form a problem. General Electric Company (NYSE:GE) shares fell -0.22% in last trading session and ended the day on $26.61. GE gross Margin is 33.70% and its return on assets is 1.90%.General Electric Company (NYSE:GE) quarterly performance is 4.64%.
Twitter Inc. (NYSE:TWTR) is in early-stage discussions to acquire or partner with music-related start-ups, according to people with knowledge of the talks, as the company works on ways to rev up user growth. Twitter Inc. (NYSE:TWTR) shares moved down -0.59% in last trading session and was closed at $32.07, while trading in range of $31.64 – $32.44. Twitter Inc. (NYSE:TWTR) year to date (YTD) performance is -49.62%.
Cott Corporation (NYSE:COT) on 16 may announced the Toronto Stock Exchange (the “TSX”) has approved its notice of intention to renew its normal course issuer bid for a portion of its common shares (“Common Shares”) as appropriate opportunities arise from time to time. Cott’s normal course issuer bid will be made in accordance with the requirements of the TSX and Rule 10b-18 of the Securities Exchange Act of 1934. Cott Corporation (USA) (NYSE:COT) ended the last trading day at $7.09. Company weekly volatility is calculated as 1.44% and price to cash ratio as 14.10.Cott Corporation (USA) (NYSE:COT) showed a negative weekly performance of -1.25%.
The Shareholders Foundation announces that a lawsuit was filed on behalf of investors in CannaVEST Corp (OTCMKTS:CANV) shares over alleged securities laws violations. On last trading day company shares ended up $17.51.