BlackBerry Ltd (NASDAQ:BBRY)’s partnership with Foxconn, a company perhaps best known as a builder of iPhones and iPads, comes at a critical time for BlackBerry. Although sales of the company’s devices have plummeted globally in recent years, the revenue from the phone business remains vital as John S. Chen, BlackBerry’s chairman and chief executive, tries to shift the organization’s focus to services and software. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is -0.48%. On last trading day company shares ended up $7.26. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -11.29%.
Martha Stewart Living Omnimedia (NYSE:MSO) EVP Patricia Pollack unloaded 30,000 shares of the stock on the open market in a transaction dated Monday, May 12th. The stock was sold at an average price of $4.52, for a total transaction of $135,600.00. Following the transaction, the executive vice president now directly owns 21,711 shares of the company’s stock, valued at approximately $98,134. Martha Stewart Living Omnimedia, Inc. (NYSE:MSO) shares advanced 0.47% in last trading session and ended the day on $4.32. MSO Gross Margin is 56.70% and its return on assets is -3.90%. Martha Stewart Living Omnimedia, Inc. (NYSE:MSO) quarterly performance is 5.88%.
On May 13, 2014, RR Donnelley & Sons Co (NASDAQ:RRD) announced that it has acquired Vancouver-based True Colours, a well known and respected provider of wide format print solutions in Western Canada. The acquisition expands RR Donnelley’s capabilities to support clients’ signage requirements across North America. RR Donnelley & Sons Co (NASDAQ:RRD) ended the last trading day at $15.35. Company weekly volatility is calculated as 3.49% and price to cash ratio as 9.93. RR Donnelley & Sons Co (NASDAQ:RRD) showed a negative weekly performance of -4.30%.
An activist investor wants the parent of wedding website The Knot to get some counseling. Becker Drapkin Management LP, an activist that targets smaller companies, has taken a 7.2% stake in XO Group Inc (NYSE:XOXO), according to a regulatory filing Monday. The investment fund supports XO Group’s recently named chief executive but is raising questions about the continued operational role of co-founder and Chairman David Liu. XO Group Inc (NYSE:XOXO) shares moved up 0.53% in last trading session and was closed at $11.28, while trading in range of $11.04 – $11.30. XO Group Inc (NYSE:XOXO) year to date (YTD) performance is -24.09%.
CBS Corporation (NYSE:CBS) is working to develop a 24-hour online news channel, drawing content from its existing news-gathering resources to court younger viewers. The plan is in the “early stages” of development and CBS is in talks with Internet companies to form a partnership, CBS Corp. CEO Les Moonves told Bloomberg Television Thursday, adding he currently doesn’t “have a timetable” for the launch. CBS Corporation (NYSE:CBS) ended the last trading day at $57.03. Company weekly volatility is calculated as 2.21% and price to cash ratio as 104.21. CBS Corporation (NYSE:CBS) showed a positive weekly performance of 0.51%.