Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Eastern District of Virginia on behalf of investors who purchased NII Holdings Inc (NASDAQ:NIHD) common stock between February 25, 2010 and February 27, 2014, inclusive, or who otherwise acquired NII securities, including debt securities due in 2021 and paying interest at a rate of 7.625 percent per year issued by NII’s subsidiary, NII Capital Corp. (“NII Capital”) pursuant to offerings on or around March 25, 2011 and December 5, 2011. NII Holdings Inc (NASDAQ:NIHD) shares after opening at $1.03 moved to $1.16 on last trade day and at the end of the day closed at $1.16. Company price to sales ratio in past twelve months was calculated as 0.04 and price to cash ratio as 0.11. NII Holdings Inc (NASDAQ:NIHD) showed a negative weekly performance of -10.77%.
According to the findings of the international markets researcher Research and Market,Globalstar, Inc. (OTCMKTS:GSAT) is among the players in the global satellite market with potential to benefit from moderate growth in the space. The sector of global satellite is poised to benefit from emerging trends such as the increase in the demand for high power, especially due to the need for high bandwidth. This growth is expected to take place between 2013 and 2018. In the most recent quarter, GSAT ended up with revenue of $21 million, exceeding the $19.1 million realized in the corresponding quarter a year ago. Nonetheless, net loss was wider in the quarter, coming in at $234.8 million in the fourth quarter of 2013 against $19 million in the comparable quarter of 2012.Globalstar, Inc. (OTCMKTS:GSAT) shares advanced 5.65% in last trading session and ended the day on $2.62. GSAT return on equity ratio is recorded as -24.53% and its return on assets is -9.03%. Globalstar, Inc. (OTCMKTS:GSAT) yearly performance is 718.75%.
USA Mobility, Inc. (Nasdaq:USMO), a leading provider of wireless messaging, mobile voice and data and unified communications software solutions, announced that its Board of Directors has declared a regular quarterly dividend of $0.125 per share on the Company’s common stock. The dividend is payable on March 28, 2014 to stockholders of record on March 18, 2014.USA Mobility Inc (NASDAQ:USMO) shares moved up 2.36% in last trading session and was closed at $17.80, while trading in range of $17.32-$17.97. USA Mobility Inc (NASDAQ:USMO) year to date performance is 25.71%.
TELUS Corporation (USA) (NYSE:TU) is acquiring Enode, a Quebec City-based security IT firm specializing in providing businesses and government agencies with cutting-edge technologies and services for security and risk management. Enode’s skilled professionals and technologies will be integrated into TELUS Security Solutions activities beginning April 1. This acquisition will enhance TELUS Security Solution’s end-to-end provision of IT security for businesses in Quebec and across Canada while also protecting its customers’ digital data from security threats.TELUS Corporation (USA) (NYSE:TU) weekly performance is 5.11%. On last trading day company shares ended up $36.58. TELUS Corporation (USA) (NYSE:TU) distance from 50-day simple moving average is 6.68%. Analysts mean target price for the company is $40.89.