Safeway Inc, (NYSE:SWY) the second-largest US mainstream grocery store operator, said Thursday that private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion. Safeway shares fell 2.2 percent to $38.60. Skullcandy Inc shares shot up 24.2 percent to $9.23 after the headphone maker posted fourth-quarter earnings and provided an outlook for the first quarter and full year. Safeway Inc. (NYSE:SWY) stock opened at $38.19 in last session, and closed at $38.60, while the day range of stock is $38.15 – $38.99. The stock showed a positive weekly performance of 3.07%.
Zynga Inc. (NASDAQ:ZNGA) dominated social video games for PCs with “FarmVille” and “Zynga Poker.” New versions for smartphones and tablets, being introduced this week in some markets, may determine whether the company stays relevant. Zynga Inc (NASDAQ:ZNGA) stock opened at $5.57, in last session and closed at $5.58, by gaining 1.27%. The 52 week range of the stock is $2.50 – $5.85. Company’s market capitalization is $4.55 billion.
Oi SA (NASDAQ:OIBR) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Friday, Analyst Ratings Net reports. Oi SA (ADR) (NYSE:OIBR) stock decreased -1.92% and finished the last session at $1.53. The EPS of the stock remained -0.30. Company’s market capitalization is $2.51 billion.
BlackBerry Ltd (NASDAQ:BBRY)’s CEO John Chen has been on a media spree recently. He sat down with the New York Times for a interview they published on Friday including loads of juicy bits on Chen’s larger vision for BlackBerry. BlackBerry Ltd (NASDAQ:BBRY) stock opened the session at $10.15, and closed the session at $9.91. The 52 week range of the stock remained $5.44 – $16.82 and the day range was $9.90 – $10.18.