On Tuesday, Shares of Black Berry Ltd (NASDAQ:BBRY), gained 1.66% to $7.95.
BlackBerry Limited, released the thirteenth Good Mobility Index Report showing that organizations are increasingly building custom secure apps. Among Good Powered by BlackBerry (formerly Good Technology) customers who are building custom apps, the average organization has developed 3.74 custom apps to assist mobilize key business processes. More broadly, the calendar Q3 report showed a 30 percent quarter-over-quarter improvement in app activations and an improvement in the number of organizations using multiple apps beyond email.
“The Q3 Good Mobility Index Report validates that enterprises are moving forward to the next stage of their mobility journeys,” said Billy Ho, Executive Vice President, Enterprise Product and Value Added Solutions, BlackBerry. “The ability for organizations to develop compelling, secure cross-platform mobile applications using the Good Dynamics platform is one of the key benefits that made the acquisition of Good so important to our strategy.”
For the fourth quarter in a row, secure browser led all app categories, growing 57 percent quarter-over-quarter to account for 37 percent of all apps deployed by organizations. This trend is likely to continue as Good Access™, the leading secure browser, adds support for Windows. Custom apps, secure IM, document access and document editing followed as the next most popular app categories.
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 Best Buy Co Inc (NYSE:BBY), inclined 2.44% to $31.53, during its last trading session.
Best Buy Co., declared results for the third quarter ended October 31, 2015 as contrast to the third quarter (“Q3 FY15”) ended November 1, 2014.
Hubert Joly, Best Buy chairman and CEO, commented, “We have delivered another quarter of Domestic comparable sales growth and operating income expansion. At the Enterprise level, on revenue of $8.8 billion, we raised our non-GAAP operating income rate by 40 basis points to 2.8% and our non-GAAP diluted EPS by $0.07 to $0.41, an improvement of 21%.”
Joly continued, “In the Domestic business, our comparable sales, not taking into account the impact of installment billing, raised 0.5%. Online comparable sales raised 18% as our new mobile site and overall improved dotcom capabilities continued to drive higher conversion rates and raised traffic. These results were achieved in a context where industry sales in the NPD-tracked categories were down 4.3%.8”
Joly continued, “We are excited by what we are offering and delivering to our customers during this Holiday shopping season. First, we have created an expansive assortment of amazing technology products, especially in 4K TVs, health & wear ables, connected or smart devices, drones, and many other gift able items. These products will be offered at very attractive prices to our customers throughout the Holiday shopping season.
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States and internationally. Its stores offer consumer electronics comprising primarily of television and home theaters; digital cameras and camcorders; DVD and Blu-ray players; portable electronics, such as MP3 devices, headphones and speakers, car stereo, navigation and satellite radio; and related accessories.
Finally, Shares of Lending Club Corp (NYSE:LC), ended its last trade with -1.29% loss, and closed at $12.20.
Lending Club, declared that its marketplace is now available to retail investors in Alabama, Kentucky, Michigan, and Washington, D.C., bringing the total number of states open to retail investors to 42 plus the District of Columbia. Lending Club’s platform was formerly available to accredited investors only in Kentucky.
“Individual investors continue to be key to the long term growth and efficiency of the Lending Club marketplace, and are fueling many of the network effects that have assisted the platform to double again over the last 12 months,” said Lending Club founder and CEO Renaud Laplanche. “There are now well over 100,000 active retail investors participating in the Lending Club marketplace, and we’re excited that investors in 42 states and our nation’s capital can now enjoy the benefits of investing in consumer credit, an asset class that was formerly only available to banks and large institutions.”
Lending Club is a two-sided marketplace that brings together borrowers looking for lower rates and a great experience, and investors looking for attractive returns. Individual retail investors use the platform to access consumer credit as an asset class not formerly available to them. Investors on the Lending Club platform can invest in loans in increments as low as $25, diversifying across hundreds or thousands of borrowers, to quickly and easily build a portfolio that fits their investment objectives. Each fraction of a loan is invested in through a Note. Lending Club Notes have Net Historical Returns by Grade A-C of 5.23% to 8.82%.* Among investors who own 100 or more Notes of similar size representing loans to different borrowers, 99.9 percent have seen positive returns.
Lending Club Corporation operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, counting unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans.