BlackBerry Ltd (NASDAQ:BBRY) is like the Rodney Dangerfield of mobile, it just doesn’t get any respect. Looking closely, though, the company continues to make small steps forward in its attempt to turn its fortunes around. Shares of BlackBerry increased 9%, spurred by comments from John Chen at the Re/code Code Conference, before quickly giving up those gains. The cost-cutting process has been started, which is the ante for BlackBerry to get into the turnaround game and begin to compete against current industry giants Apple and Samsung. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is 1.70%. On last trading day company shares ended up $7.78. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 3.01%.
Sky-mobi Ltd. (NASDAQ:MOBI) said on 2 June that its board of directors has approved a fiscal year-end change from March 31 to December 31, beginning in the calendar year ending December 31, 2014. Additionally, the company also announced that its board of directors has approved a program to repurchase up to USD20m of the company´s American depositary shares (ADSs) over the next 12-month period, ending on May 30, 2015. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) shares advanced 1.41% in last trading session and ended the day on $6.49. MOBI gross Margin is 31.40% and its return on assets is 3.90%.Sky-mobi Ltd (ADR) (NASDAQ:MOBI) quarterly performance is -30.12%.
Mandalay Digital Group, Inc. (NASDAQ:MNDL) a leading provider of mobile technology solutions, announced on 2 June that it has expanded its relationship with SingTel to include direct billing connectivity with its DT Pay product. Mandalay Digital Group Inc. (NASDAQ:MNDL) shares moved down -5.32% in last trading session and was closed at $3.56, while trading in range of $3.42 – $3.74. Mandalay Digital Group Inc. (NASDAQ:MNDL) year to date (YTD) performance is 34.35%.
Straight Path Communications Inc., (NYSEMKT:STRP) will release results for its third quarter fiscal 2014, the quarter ending on April 30, 2014, on Monday, June 16, 2014. Straight Path Communications Inc. (NYSEMKT:STRP) ended the last trading day at $9.84. Company weekly volatility is calculated as 10.94% and price to cash ratio as 8.12.Straight Path Communications Inc. (NYSEMKT:STRP) showed a positive weekly performance of 7.31%.
Oi SA (ADR) (NYSE:OIBR), the largest phone company of Brazil, on May 16, 2014 announced that it was witnessing a second back-to-back quarter of diminishing revenue, which in turn led to underscoring its plan for cutting costs through merger with SGPS SA, a Portugal Telecom company. The sales of Oi SA (ADR) (NYSE:OIBR) decreased 2.3%, i.e., $3.1 billion. Oi SA (ADR) (NYSE:OIBR) weekly performance is 10.47%. On last trading day company shares ended up $0.945. Analysts mean target price for the company is $1.63. Oi SA (ADR) (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -9.40%.