BlackBerry Ltd (NASDAQ:BBRY) announced BlackBerry Messenger for Enterprise back at the Mobile World Congress in February. BlackBerry also said it planned to launch the services so that enterprise clients in regulated industries such as the financial sector to use its messaging application BlackBerry Messenger, or BBM, for corporate messaging purposes. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is -0.41%. On last trading day company shares ended up $7.23. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -8.97%.
Oi S.A (ADR) (NYSE:OIBR) pursuant to article 157, paragraph 4 of Law No. 6,404/76 (the “Brazilian Corporations Law”) and Instruction No. 358/02 of the Brazilian Securities and Exchange Commission (Comissao de Valores Mobiliarios) (“CVM”) notifies its shareholders and the market in general that, in connection with its primary public offering of common and preferred shares, including shares in the form of American Depositary Shares, represented by American Depositary Receipts, conducted simultaneously in Brazil (the “Brazilian Offering”) and outside Brazil (the “International Offering” and, together with the Brazilian Offering, the “Public Offering”): Oi SA (ADR) (NYSE:OIBR) shares advanced 2.70% in last trading session and ended the day on $0.870. Oi SA (ADR) (NYSE:OIBR) quarterly performance is -46.30%.
Voltari Corp (NASDAQ:VLTC) shares moved down -9.13% in last trading session and was closed at $2.19, while trading in range of $2.09 – $2.40. Voltari Corp (NASDAQ:VLTC) year to date (YTD) performance is -36.15%.
On April 25, Sky-mobi Ltd (ADR) (NASDAQ:MOBI) tripped -6.27% after the company declared unaudited financial results for third quarter. Total revenues were RMB115.2 million (US$19.0 million), a decrease of 1.2% from RMB116.6 million in the fiscal second quarter finished September 30, 2013 and a decrease of 21.6% from RMB146.9 million in the fiscal third quarter ended December 31, 2012. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) ended the last trading day at $7.28. Company weekly volatility is calculated as 7.42% and price to cash ratio as 2.28. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) showed a positive weekly performance of 16.67%.
GTT Communications, Inc. (NYSEMKT:GTT) announced the pricing of a public offering of 3,000,000 shares of common stock at a purchase price of $7.75 per share. The net proceeds to GTT from this offering are expected to be approximately $21.5 million, after deducting underwriting discounts and other estimated offering expenses payable by GTT. GTT has also granted the underwriters an option to purchase up to 450,000 additional shares of common stock to cover over-allotments, if any. The offering is expected to close on May 28, 2014, subject to customary closing conditions. GTT will use the net proceeds from this offering of common stock for general corporate purposes. GTT Communications Inc (NYSEMKT:GTT) net profit margin is -13.20% and weekly performance is 14.86%. On last trading day company shares ended up $9.35. Analysts mean target price for the company is $16.00. GTT Communications Inc (NYSEMKT:GTT) distance from 50-day simple moving average (SMA50) is -9.81%.