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 merge between Blackberry Ltd 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. Meanwhile early last year other business affiliates of the wireless guru quickly signed contracts with EnStream LP with little or no delay. 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 June 12, Nordstrom, Inc. (NYSE:JWN) intends to hire 400 area employees for its new fashion specialty retailer store at St. Johns Town Center and teach them to work within the chain’s legendary culture of making the customer feel at home. Jobs for the sales and support positions should be posted by June 30 and work should start in September to prepare for the Oct. 10 opening. Nordstrom, Inc. (NYSE:JWN) shares advanced 0.92% in last trading session and ended the day on $67.89. Gross Margin is 38.00% and its return on assets is 8.50%. Nordstrom, Inc. (NYSE:JWN) quarterly performance is 11.24%.
bebe stores, inc. (NASDAQ:BEBE) recently announced the resignation of its Chief Executive Officer (CEO) Steve Birkhold with immediate effect. Simultaneously, the company’s board of directors appointed the current CEO of Jackson Hole Group, Jim Wiggett, as its interim CEO, until the search for a permanent CEO is materialized. bebe stores, inc. (NASDAQ:BEBE) shares moved up 1.52% in last trading session and was closed at $3.35, while trading in range of $3.22 – $3.39. bebe stores, inc. (NASDAQ:BEBE) year to date (YTD) performance is -36.43%.
On June 13, Ann Inc (NYSE:ANN) Director Dale W. Hilpert sold 16,875 shares of Ann stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $39.86, for a total value of $672,637.50. Following the transaction, the director now directly owns 41,374 shares in the company, valued at approximately $1,649,168. Ann Inc (NYSE:ANN) ended the last trading day at $40.38. Company weekly volatility is calculated as 1.72% and price to cash ratio as 14.81. Ann Inc (NYSE:ANN) showed a positive weekly performance of 2.49%.
On June 9, Shares of L Brands Inc (NYSE:LB) advanced 1.7% following comparable-store sales results for May, the four weeks ended May 31, 2014, that bettered analysts’ expectations. Comps of this specialty retailer of women’s intimate and other apparel moved up 3%. However, it is to be noted that the rate of growth decelerated from 8% attained in April that benefited from the Easter holiday. Net sales for the month of May climbed 4% to $763.6 million from $737 million in the prior-year period, according to Zack. L Brands Inc (NYSE:LB) net profit margin is 8.40% and weekly performance is -3.61%. On last trading day company shares ended up $57.35. Analysts mean target price for the company is $61.33. L Brands Inc (NYSE:LB) distance from 50-day simple moving average (SMA50) is 2.35%.