BlackBerry Ltd (NASDAQ:BBRY) launched a low-cost touchscreen device in Jakarta, the Z3, as the embattled smartphone maker looks to revive sales in emerging markets like Indonesia where its once-fervent following has shrivelled. BlackBerry Ltd (NASDAQ:BBRY) net profit margin is -6.73% and weekly performance is -6.18%. On last trading day company shares ended up $7.44. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -11.46%.
Swiss telecommunication services firm Swisscom AG (OTCMKTS:SCMWY) posted lower net income attributable to equity holders of 369 million Swiss francs in the first quarter 2014, versus 388 million francs, a year ago. Accordingly, earnings per share declined 4.9% year-over-year to 7.12 francs from 7.49 francs. Swisscom AG (ADR) (OTCMKTS:SCMWY) shares advanced 1.12% in last trading session and ended the day on $60.61.
International Business Machines Corp. (NYSE:IBM) was upgraded by equities research analysts at Ned Davis Research from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, American Banking and Market News reports. International Business Machines Corp. (NYSE:IBM) shares moved up 1.31% in last trading session and was closed at $192.57, while trading in range of $190.94 – $193.02. International Business Machines Corp. (NYSE:IBM) year to date (YTD) performance is 3.83%.
Elizabeth Arden Inc. (NASDAQ:RDEN), the maker of Elizabeth Taylor and Britney Spears brand perfumes, fell 17 percent in late trading after posting a surprise loss and hiring Goldman Sachs Group Inc. to help explore its options. Elizabeth Arden, Inc. (NASDAQ:RDEN) ended the last trading day at $35.63. Company weekly volatility is calculated as 3.70% and price to cash ratio as 24.10.Elizabeth Arden, Inc. (NASDAQ:RDEN) showed a negative weekly performance of -0.31%.
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