BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB)’s pricing strategy seems to be failing in India, which is perceived as one of the most important markets for the company, believe analysts. The strategy of the Canadian firm to give a premium price tag to its devices appears to have backfired as users have flocked to low cost Android devices. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $8.30 moved to $8.35 on last trade day and at the end of the day closed at $8.08. Company price to sales ratio in past twelve months was calculated as 0.34 and price to cash ratio as 1.55. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -13.86%.
Targa Resources Partners LP(NYSE:NGLS) announced plans to build a smaller $115 million, 35,000 bpd condensate splitter project at its Channelview Terminal on the Houston Ship Channel. Targa Resources Partners LP (NYSE:NGLS) shares advanced 1.26% in last trading session and ended the day on $56.26. NGLS return on equity ratio is recorded as 7.70% and its return on assets is 2.60%. Targa Resources Partners LP (NYSE:NGLS) yearly performance is 29.45%.
Sunoco Logistics Partners L.P. (NYSE:SXL) had its price target upped by Citigroup Inc. from $73.00 to $90.00 in a research note issued to investors on Friday, American Banking News.com reports. Sunoco Logistics Partners L.P. (NYSE:SXL) shares moved up 1.20% in last trading session and was closed at $90.88, while trading in range of $88.46 – $91.52. Sunoco Logistics Partners L.P. (NYSE:SXL) year to date (YTD) performance is 21.45%.
Community Health Systems, Inc. (NYSE:CYH) Announces Amendments to Accounts Receivable Securitization Program to Increase Availability to $700 Million. Community Health Systems (NYSE:CYH) weekly performance is 11.22%. On last trading day company shares ended up $39.17. Community Health Systems (NYSE:CYH) distance from 50-day simple moving average (SMA50) is -1.18%. Analysts mean target price for the company is $49.88.