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Wednesday 30 September 2015
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Why Investors Are Looking Towards BlackBerry Limited, (NASDAQ:BBRY), Peabody Energy Corporation, (NYSE:BTU) & NQ Mobile, (NYSE:NQ)?

During Thursday’s Morning trade, Shares of BlackBerry Limited (NASDAQ:BBRY), climbed 5.23% to $7.15.

AtHoc, Inc., the leader in networked crisis communication, declared a major product update available right away to all customers using the AtHoc Cloud and for customers using AtHoc on premise.

  • The update comprises several major enhancements:
  • Geographically based alert targeting using Esri maps
  • Improved administration tools for multi-location, multi-division enterprises
  • New file and media sharing capabilities
  • Company’s most noteworthy addition — AtHoc Connect, which enables communication and partnership across organizations in times of crisis

The new features are designed to provide AtHoc customers raised ease of use, expanded reach, greater control, and greater situational awareness in times of crisis.

AtHoc is the pioneer and recognized leader in networked crisis communication, protecting millions of people and thousands of organizations around the world. AtHoc provides a seamless and reliable exchange of critical information among organizations, their people, devices and external entities.

On July 21, 2015, BlackBerry Limited declared it had reached a definitive agreement to acquire AtHoc.

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 Peabody Energy Corporation (NYSE:BTU), skyrocketed 40.51% to $2.15, during its current trading session.

Peabody Energy Corp. has hired financial advisory firm Lazard Ltd. to advise the coal company on how to restructure its $6.3 billion in debt, sources told Bloomberg.

St. Louis-based Peabody is talking to creditors about ways to cut its debt load, counting swapping obligations for new shares or convertible notes, the news agency reports, citing people with knowledge of the matter. The company also has hired Jones Day as legal counsel, according to Bloomberg.

Peabody lost more than $1 billion in the second quarter, but that comprised impairment charges of $900 million. The company stated a net loss of $71 million in last year’s quarter, driven primarily by a $188.7 million tax provision differential. Peabody’s revenue in the recent quarter slid nearly 24 percent, to $1.3 billion, due to a 16 percent volume decline and lower realized pricing.

Peabody Energy Corporation offers mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and other segments.

Finally, NQ Mobile Inc. (NYSE:NQ), escalated 37.13%, and is now trading at $4.16.

NQ Mobile declared its unaudited financial results for the quarter ended June 30, 2015.

Highlights for Second Quarter 2015

  • Quarterly Net Revenues were $102.1 million in the second quarter of 2015, a 25.0% improvement year-over-year from $81.6 million in the same period in 2014, a new record level for the Company.
  • Gross Margin was 24.8% in the second quarter of 2015, contrast with 21.0% in the first quarter of 2015. Non-GAAP Operating Margin was 5.1% in the second quarter of 2015, up from negative 1.8% in the first quarter of 2015.
  • Net Loss attributable to NQ Mobile was $1.6 million, or a loss of $0.02 per ADS, in the second quarter of 2015, a 90.2% improvement contrast with a net loss of $16.8 million, or a loss of $0.22 per ADS, in the same period in 2014.
  • Non-GAAP Net Income attributable to NQ Mobile was $7.0 million or $0.08 per ADS in the second quarter of 2015, contrast with Non-GAAP net income of $14.8 million, or $0.20 per ADS, in the same period in 2014.
  • Total Share Based Compensation Expenses fell to $1.1 million, a 95.6% decline year-over-year from $25.4 million in the same period in 2014.

NQ Mobile Inc. provides mobile Internet services in the People’s Republic of China and internationally. The company provides products and services in the areas of mobile security, privacy, productivity, personalized cloud, and family protection. It operates through two segments, Consumer and Enterprise.

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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.

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