Tag: OTCMKTS:RNBI

  • Gainers to watch: Umax Group Corp (OTCMKTS:UMAX), RAINBOW INTERNATIONAL CORP (OTCMKTS:RNBI), Royal Dutch Shell plc (NYSE:RDS.A), Sprint Corporation (NYSE:S), BlackBerry Ltd (NASDAQ:BBRY)

    UMAX Group Corp (OTCMKTS:UMAX) a UHD cable channel, began full commercial broadcasting and other UHD video contents are coming on stream, which will boost the demand for the UHD TVs. Samsung also expects that big sports events like the forthcoming FIFA World Cup which will be held in Brazil in June will add the demand more. Umax Group Corp (OTCMKTS:UMAX) on last trading day company shares ended up $0.0387 .

    RAINBOW INTERNATIONAL CORP (OTCMKTS:RNBI) of the Low Country is sponsoring a series of free continuing education classes for local insurance agents, property managers, real estate agents, facilities and maintenance staff, and general contractors on topics such as disaster recovery, structural drying and ethics. RAINBOW INTERNATIONAL CORP (OTCMKTS:RNBI) shares advanced 26.29% in last trading session and ended the day on $0.233 .

    Royal Dutch Shell plc (ADR) (NYSE:RDS.A), the biggest European oil company, posted first quarter results beating the analyst estimates on account of higher natural gas revenues. The first-quarter profit excluding inventory changes and onetime items fell 3% to $7.3 billion over the last one year. This beats the average analyst forecast of $5 billion, according to the Bloomberg. The company’s Chief Financial Officer, Simon Henry, told analysts that the results were inclusive of a $3.3 billion earnings from solid liquefied natural gas operations. However, the earnings were partially offset by a $2.3 billion charge in connection with the refineries in Asia and Europe. Resultantly, its net income fell 45% to $4.5 billion during the quarter. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) shares moved up 0.08% in last trading session and was closed at $78.73, while trading in range of $78.62 – $79.07.

    Sprint Corporation (NYSE:S) director Andrew Chapman has acquired an additional 1,750,000 fully paid ordinary shares at $0.027 per share as the company moves to acquire Sydney financial services company Voyager Global Choice. The shares were acquired in an on market trade. Sprint has executed a conditional, binding terms sheet to acquire 100% of Voyager Global Choice Pty Ltd. Sprint will be re-named Voyager and emerge as a freshly minted financial services corporation once all conditions of the acquisition are met. Sprint Corporation (NYSE:S) ended the last trading day at $9.53. Company weekly volatility is calculated as 2.94% and price to cash ratio as 6.06. Sprint Corporation (NYSE:S) showed a positive weekly performance of 8.67%.

    BlackBerry Ltd (NASDAQ:BBRY) has come up with a new edition of its Z series phone especially for Indonesia called the Jakarta Edition, which will be available for sale from 15 May at a price of 2,199,000 Indonesia Rupiah.This phone will be the first launch made after John Chen took over as the new CEO. BlackBerry was once a dominant player in the mobile industry, but in recent years it has lost a major market share to the rivals’ such as Samsung and Apple. As far as Indonesia in concerned, the company has enjoyed huge success here and it is a key market for the mobile maker. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 0.54%. On last trading day company shares ended up $7.38. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -10.36%.