BlackBerry Ltd (NASDAQ:BBRY) would consider exiting its handset business if it remains unprofitable, its chief executive officer said on Wednesday, as the technology company looks to expand its corporate reach with investments, acquisitions and partnerships. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $8.00 moved to $8.02 on last trade day and at the end of the day closed at $7.67. Company price to sales ratio in past twelve months was calculated as 0.32 and price to cash ratio as 1.47. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -6.69%.
The agreement between Gogo Inc. (NASDAQ:GOGO) an in-flight connectivity and wireless in-flight digital entertainment solutions company, and Boeing, will initiate the evaluation process for potential installation on new Boeing aircraft orders. Gogo Inc. (NASDAQ:GOGO) shares advanced 1.03% in last trading session and ended the day on $19.56. GOGO return on equity ratio is recorded as -183.40% and its return on assets is -28.50%.
Sky-mobi Ltd (ADR) (NASDAQ:MOBI) net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Software industry. The net income increased by 38.1% when compared to the same quarter one year prior, rising from $0.58 million to $0.80 million. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) shares moved down -8.44% in last trading session and was closed at $7.49, while trading in range of $7.35 – $8.19. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) year to date (YTD) performance is 101.34%.
On March 18, 2014, GTT Communications, Inc. (NYSEMKT:GTT) issued a press release relating to the fourth quarter and year ended December 31, 2013 financial results. GTT Communications Inc. (NYSEMKT:GTT) weekly performance is 10.67%. On last trading day company shares ended up $10.79. GTT Communications Inc. (NYSEMKT:GTT) distance from 50-day simple moving average (SMA50) is -0.16%. Analysts mean target price for the company is $16.00.