BlackBerry Ltd (NASDAQ:BBRY) chief executive officer John Chen has held talks with the White House to ensure President Barack Obama and other staff members continue to use their BlackBerry devices. BlackBerry Ltd (NASDAQ:BBRY) stock opened today at $10.15 and is currently trading at $9.99. The stock showed a negative weekly performance of -4.29%.
Stock analysts at MLV Capital cut their price objective on shares of ARMOUR Residential REIT (NYSE:ARR) from $5.25 to $5.00 in a report issued on Monday,AnalystRatings.Net reports. MLV Capital’s price target indicates a potential upside of 15.21% from the company’s current price. ARMOUR Residential REIT, Inc. (NYSE:ARR) stock opened at $4.30, in current trading session and currently is at $4.26, by losing -0.70%. The 52 week range is $3.64 – $6.75. Company’s market capitalization is $1.58 billion.
XG Technology (NASDAQ:XGTI) reported Q4 EPS of ($0.23), versus ($0.78) last year. Revenue for the quarter came in at $373 thousand versus $0 last year. On a pro forma basis, assuming the recognition of $480,000 of deferred revenue in the quarter, total fourth quarter 2013 revenues were $853,000 compared to $0.0 revenue in the fourth quarter of 2012. XG Technology Inc (NASDAQ:XGTI) stock is currently trading at $3.71. Company’s market capitalization is $68.62 million.
Varonis went public on Friday and saw its shares double in value by day’s end (NASDAQ:VRNS). Varonis Systems Inc (NASDAQ:VRNS) stock opened the session at $56.50, and now is at $54.37. The 52 week range of the stock remained $38.00 – $56.80 and the day range was $53.61 – $56.80.