The beleaguered smartphone maker Blackberry Ltd. (NASDAQ:BBRY) has decided to enter the lucrative machine-to-machine (M2M) wireless communications market. Management has undertaken “Project Ion” to help business enterprises to provide a seamless connection between people, devices and machines for greater value addition. 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%.
Gogo Inc (NASDAQ:GOGO) has appointed Shuaib Shahid as the new Manager, Service Sales for its business aviation group. Gogo Inc. (NASDAQ:GOGO) shares fell -0.30% in last trading session and ended the day on $16.38. GOGO gross Margin is 47.90% and its return on assets is -23.70%.Gogo Inc. (NASDAQ:GOGO) quarterly performance is -16.09%.
OI SA (ADR) (NYSE:OIBR) reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. Oi SA shares moved up 2.70% in last trading session and was closed at $0.870, while trading in range of $0.85 – $0.88. Oi SA (ADR) (NYSE:OIBR) year to date (YTD) performance is -45.28%.
WPCS International Inc. (NASDAQ:WPCS) announced that it has signed a non-binding letter of intent to sell its 60% majority ownership interest in Taian AGS Pipeline Construction Co. Ltd. (the “China Operations”), to AIC Investments Limited, a Hong Kong company, in an all-cash transaction valued at $2.1 Million. WPCS International Incorporated (NASDAQ:WPCS) ended the last trading day at $0.600. Company weekly volatility is calculated as 15.23% and price to cash ratio as 3.95.WPCS International Incorporated (NASDAQ:WPCS) showed a positive weekly performance of 3.45%.
Lumos Networks Corp (NASDAQ:LMOS)’s stock had its “buy” rating reaffirmed by equities research analysts at Davidson in a research note issued to investors on Friday, American Banking News reports. Lumos Networks Corp (NASDAQ:LMOS) net profit margin is 10.50% and weekly performance is 6.76%. On last trading day company shares ended up $15.16. Analysts mean target price for the company is $17.88. Lumos Networks Corp (NASDAQ:LMOS) distance from 50-day simple moving average (SMA50) is 13.38%.