On Thursday, HP Inc (NYSE:HPQ)’s shares declined -2.98% to $11.90. HPQ opened its trading session at $12.28. During the trading session the minimum price at which share price traded, recorded at USD 11.89 and share price hit to max level of USD 12.35. Its fifty two week range was $11.02 -$14.82. The total market capitalization remained $22.05 billion. The beta of the stock stands at 1.50.
HP Inc. provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments.
BlackBerry Ltd (NASDAQ:BBRY)’s shares dropped -4.65% to $7.80. The company’s total market capitalization is $4.31 billion along with 525.70 million shares outstanding. 52 week range of the stock remained $5.96 - $12.63, while its day lowest price was $7.77 and its hit its day highest price at $8.33.
BlackBerry stated financial results for the three months ended November 28, 2015 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
Q3 Highlights
- Non-GAAP total revenue of $557 million, up 14 percent over Q2 FY16
- Non-GAAP software and services revenue of $162 million, up 183 percent year over year and up 119 percent quarter over quarter
- Adjusted EBITDA of $114 million
- Cash and investments balance of $2.71 billion at the end of the fiscal quarter, counting the impact of the recent acquisitions of AtHoc and Good Technology
- Non-GAAP loss of ($0.03) per share
- Accomplished the acquisitions of AtHoc and Good Technology
- Launched the PRIV in November, the only smartphone that combines BlackBerry-level security with the Google Play App Store’s 1.6 million apps
- Confirmed plans to release OS version 10.3.3 on BlackBerry 10 to support NIAP certification
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.
At the end of Thursday’s trade, MagneGas Corporation (NASDAQ:MNGA)‘s shares surged 9.88% to $1.89.
MagneGas Corporation (MNGA) an award winning technology company that counts among its inventions a patented process that converts liquid waste into MagneGas2® fuel, declared that a lead sub-contractor for a major Kennedy Space Center build-out project has placed their first order for MagneGas2® fuel. The fuel will be used for the metal cutting portion of the project which is anticipated to be significant.
S&R Enterprises LLC, a lead sub-contractor for the $100 + million Kennedy Space Center project that will last about 2 years, was first introduced to MagneGas® about 3 weeks ago during a demonstration arranged by a MagneGas partner, Suwannee Ironworks. Suwannee is MagneGas’s partner in a MagneGas partner, ESSI of North Florida. ESSI is an industrial supply, gases and safety supplies & products provider.
Right Away after the demonstration, S&R chose to switch to MagneGas2® and requested pricing and training for its personnel (and eventually its sub-contractors). In addition, S&R also chose to purchase their other welding supplies from the Company showing once again that MagneGas2® is a unique differentiator and catalyst for growth in the Industrial Gas Sector.
Josh Collins, Sr. Project Manager of S&R stated: “The demonstration clearly showed us that MagneGas should be our fuel of choice on this, and other, projects. The faster cutting speed and smaller heat affected zone, demonstrated safety attributes and its eco-friendly aspects won us over. We also realized that MagneGas could add dollars to our bottom line, due to the faster speed of the cut, raised productivity, less fuel required… all of which could result in a quicker, less costly completion date!”
MagneGas Corporation, an alternative energy company, creates and produces hydrogen based alternative fuel through the gasification of carbon-rich liquids in the United States and internationally.
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