BlackBerry Ltd (NASDAQ:BBRY) formerly known as Research In Motion Ltd. BBRY provides solutions to the worldwide communication market via its designs, manufacturing and marketing of wireless solutions. In the recent past, the company has struggled to control its falling market share. Hence, it has suffered huge losses and is on the brink of bankruptcy. However, the CEO of the company Mr. John Chen stated the chance of turning around, the company has risen to 80-20. Mr. Chen joined BBRY in November last year; on joining the company, he had placed the recovery chances at 50-50. BlackBerry Ltd (NASDAQ:BBRY) stock opened today at $7.55 and is currently trading at $7.66. The stock showed a positive weekly performance of 0.69%.
Shares of Biogen Idec (NASDAQ:BIIB) gained 3% after J.P. Morgan upgraded the biotech giant from neutral to overweight. Biogen Idec Inc. (NASDAQ:BIIB) stock opened at $314.86, in current trading session and currently is at $317.06, by gaining 2.67%. The 52 week range of $194.66 – $358.89. Company’s market capitalization is 75.21 billion.
Tilly’s, Inc. (NYSE:TLYS) announced financial results for the first quarter of fiscal 2014 ended May 3, 2014. Total net sales were $111.1 million, an increase of 1.8% compared to $109.1 million in the first quarter of 2013. Tilly’s Inc. (NYSE:TLYS) stock is currently trading at $8.74. The EPS of the stock is 0.64. Company’s market capitalization is 244.75 million.
MetLife Inc. (NYSE:MET) and Transamerica Corp. reached separate settlement agreements Tuesday with the Minnesota Department of Commerce that require the companies to pay state beneficiaries their rightful proceeds from life insurance policies and a total of $4 million to the state. Metlife Inc. (NYSE:MET) stock opened the session at $51.36, and now is at $50.86. The 52 week range of the Metlife Inc. (NYSE:MET) stock remained $42.46 – $54.80 and the day range was $50.81 – $51.45.
Sungy Mobile Limited (NASDAQ:GOMO) down 16.4 percent after the company reported Q1 EPS of $0.11, $0.04 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $15.6 million versus the consensus estimate of $15.27 million. Sungy Mobile Ltd (NASDAQ:GOMO) stock opened today at $12.55 and is currently trading at $13.01. The stock showed a negative weekly performance of -17.21%.