During Friday’s Afternoon trade, Shares of BlackBerry Ltd (NASDAQ:BBRY), lost -1.97% to $8.95.
BlackBerry will hold its Annual and Special Meeting of Shareholders on Tuesday, June 23rd, 2015 at 10am ET in Waterloo, Ontario.
The stock volatility for the week is 2.25%, while for the month remained 2.58%. The company holds consensus target price of $9.18.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed -0.58 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 94.80% and Annual EPS growth for the past 5 years is considered as -16.40%.
The mean recommendation of analysts for this stock is 3.30. (where 1=Buy, 5=Sale).
BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which comprise the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data.
Shares of Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA), declined -0.33% to $60.14, during its afternoon trading session.
Teva Pharmaceutical Industries Ltd. (TEVA) declared that it has accomplished the purchase of 4.61 percent of all outstanding shares of Mylan N.V. (MYL), which will enable Teva to commence proceedings before the Dutch Enterprise Chamber, should it become necessary.
Teva has advised Stichting Preferred Shares Mylan that if the Mylan Extraordinary General Meeting (“EGM”) on the Perrigo transaction is held no later than August 31, 2015, Teva will limit its aggregate shareholding in Mylan preceding to the EGM to less than 5 percent of the outstanding shares of Mylan.
Barclays and Greenhill & Co. are serving as financial advisors to Teva. Sullivan & Cromwell LLP is serving as legal counsel to Teva, with De Brauw Blackstone Westbroek N.V. acting as legal advisor in the Netherlands.
Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes generic, specialty, and other pharmaceutical products worldwide. The company operates in two segments, Generic Medicines and Specialty Medicines. The Generic Medicines segment offers generic or branded generic medicines; specialized products, such as sterile products, hormones, narcotics, high-potency drugs, and cytotoxic substances; and active pharmaceutical ingredients.
Finally, News Corp (NASDAQ:NWSA), gained 2.79%, and is now trading at $14.94.
News Corp declared plans to pay a cash dividend to stockholders. Subject to declaration by the Board of Directors, the Company anticipates to initiate a semi-annual cash dividend of about $0.10 per share in the first quarter of fiscal 2016, which starts on June 29, 2015, for payment in the second quarter.
The anticipated dividend would mark the first time the Company has paid a dividend since the “new” News Corp was established as a separate, publicly traded company in mid-2013.
“This decision by the Board is a sign of confidence in the state of our business and faith in our prospects for the future,” said Robert Thomson, Chief Executive of News Corp. “The planned dividend, combined with our ongoing buyback and strategy of balancing capital returns with prudent reinvestment, puts News Corp firmly on track for long-term growth and value creation.”
“In particular, I would like to note the noteworthy early progress of realtor.com®, which has now become the fastest-growing digital real estate site in America. In addition, the integration of Harlequin with HarperCollins Publishers has created a powerful global and digital publishing platform,” said Mr. Thomson. “These investments are already starting to pay off and we expect will bring long-term benefits to all stockholders.”
News Corporation, a media and information services company, focuses on creating and distributing authoritative and engaging content to consumers and businesses worldwide. The company operates through News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Digital Education segments.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
