BlackBerry Limited (NASDAQ:BBRY) a world leader in mobile communications, unveiled a series of initiatives, codenamed Project Ion, to help businesses easily connect people, devices and machines, and derive value from these connections. Project Ion is a cornerstone of BlackBerry’s vision to offer end-to-end solutions for the Internet of Things. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is -0.27%. On last trading day company shares ended up $7.31. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -8.86%.
On May 13, Kandi Technologies Group Inc. (NASDAQ:KNDI) continues to experience massive growth in its electronic vehicle segment seen by first quarter results that beat estimates. Impressive sales for the quarter came at the back of a slow quarter with further growth expected in the subsequent quarters. Kandi Technologies Group Inc. (NASDAQ:KNDI) partnership with Geely is expected to drive further growth on the Electronic vehicle segment complimented by advanced production capabilities. Revenue for the first quarter grew by 174% to $40.2 million from $14.7 million, demonstrating the impressive strides that the company is making in the industry. Kandi Technologies Group Inc (NASDAQ:KNDI) shares fell -1.07 % in last trading session and ended the day on $11.06. Gross Margin is 23.00% and its return on assets is -8.80%. Kandi Technologies Group Inc (NASDAQ:KNDI) quarterly performance is -19.09%.
Barclays downgraded shares of Anadarko Petroleum Corporation (NYSE:APC) from an overweight rating to an equal weight rating in a research note released on Tuesday morning. They currently have $111.00 target price on the stock. Anadarko Petroleum Corporation (NYSE:APC) shares moved up 1.66 % in last trading session and was closed at $100.67, while trading in range of $99.40 – $101.08. Anadarko Petroleum Corporation (NYSE:APC) year to date (YTD) performance is 27.19%.
Navios Maritime Holdings Inc. (NYSE:NM) a global, vertically integrated seaborne shipping and logistics company, reported financial results for the quarter ended March 31, 2014. In March 2014, Navios Holdings entered into an agreement to terminate its credit default insurance with its third party insurer. As a result of the agreement, Navios Holdings received in the second quarter: $11.3 million in cash as follows: $4.1 million lump sum compensation from its third party insurer; and $7.2 million from the sale of a defaulted counterparty claim. In addition, Navios Holdings expects: $0.6 million net present value benefit from the upfront lump sum payment. Navios Maritime Holdings Inc. (NYSE:NM) ended the last trading day at $8.61. Company weekly volatility is calculated as 4.42% and price to cash ratio as 4.20. Navios Maritime Holdings Inc. (NYSE:NM) showed a positive weekly performance of 1.06%.
SINA Corporation (NASDAQ:SINA), a leading Internet media company serving China and the global Chinese communities, announced its unaudited financial results for the first quarter ended March 31, 2014. Net revenues increased 36% year over year to $171.5 million. Non-GAAP net revenues increased 38% year over year to $167.3 million, exceeding the Company’s guidance between $162.0 million and $167.0 million. SINA Corp (NASDAQ:SINA) net profit margin is 6.80% and weekly performance is 0.19%. On last trading day company shares ended up $47.86. Analysts mean target price for the company is $88.06. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -13.70%.