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Monday 20 July 2015
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Pre-Market News Report on: Citigroup, (NYSE:C), BlackBerry Limited, (NASDAQ:BBRY), Citrix Systems, (NASDAQ:CTXS)

On Friday, Shares of Citigroup Inc. (NYSE:C), lost -0.17% to $57.11.

On June 13, Citigroup, celebrated its 10th annual Global Community Day, as more than 77,000 Citi volunteers in 487 cities spanning 93 countries and territories engage in service activities to benefit their local communities. In the days leading up to and counting Global Community Day, Citi colleagues, alumni, clients, family and friends worked side-by-side on more than 1,200 service projects ranging from urban revitalization to literacy and education, career readiness, environmental conservation and disaster relief.

Global Community Day offers a wide range of service opportunities that harness the enthusiasm and passion of our diverse employees, family and friends, and meet the pressing needs of our communities. Over the past ten years, volunteers have take partd in more than 11,000 Global Community Day activities and contributed more than two million hours of service.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

Shares of BlackBerry Limited (NASDAQ:BBRY), inclined 0.22% to $9.23, during its last trading session.

BlackBerry is said to be considering outfitting its forthcoming smartphone device with Google’s Android software for the first time, sources told Reuters.

The consideration is said to be an acknowledgement that the company’s updated line of devices was unsuccessful in coming off as appealing to the masses, the sources added. They noted that using Android is a part of BlackBerry’s plan to shift focus onto software and device administration.

The company’s 2013 device, the BlackBerry 10, hasn’t competed well against Android and Apple (AAPL) mostly because of a lack of big name apps.

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.

Finally, Citrix Systems, Inc. (NASDAQ:CTXS), ended its last trade with 2.16% gain, and closed at $71.91.

Citrix Systems, declared that Gartner, Inc. has positioned Citrix in the Leaders quadrant of the 2015 Magic Quadrant for Enterprise Mobility Administration (EMM) Suites report for the fourth successive year. The report evaluated XenMobile® enterprise mobility administration (EMM) solution, the most comprehensive and flexible solution for managing apps, data and devices with a broad set of business optimized mobile apps.

According to Gartner, “leaders have the highest product revenue in the EMM market, several years of proven customer implementations, customer mind share, and extensive partnerships with channel and other technology providers. They have the most complete products in the EMM market. Leaders also demonstrate commitment to the EMM market. Their companies are aligned with the trends of the EMM market. They possess product road maps, which (if executed upon) would establish continued differentiation in the market. Leaders also demonstrate commitment to the EMM market. Overall, they have a strategy that creates a high likelihood of success in this market.”

Organizations are transforming their business recently by adopting XenMobile as a core component of their secure workspace delivery strategy. XenMobile delivers mobile device administration (MDM), mobile application administration (MAM) and business-class mobile apps all in one comprehensive solution. Unique to Citrix, Citrix ShareFile®, a full featured enterprise file synchronization and sharing (EFSS) product, is also comprised of with XenMobile enterprise edition, and noted by industry analysts as among the best in the market.

Citrix Systems, Inc. provides virtualization, mobility administration, networking, and Software as a Service solutions worldwide. The company’s Enterprise and Service Provider division offers XenMobile Enterprise, a solution to manage mobile devices, apps, and data.

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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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