Orlando, FL -- (SBWIRE) -- 10/25/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On BlackBerry Ltd (NASDAQ:BBRY), EMC Corporation(NYSE:EMC).
BlackBerry Ltd (NASDAQ:BBRY) shares increased 1.21% to $8.25. Law Offices of Howard G. Smith on Oct. 18 announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of a class (the "Class") comprising all purchasers of the common stock of BlackBerry Limited ("BlackBerry" or the "Company") (NASDAQ:BBRY) between September 27, 2012 and September 20, 2013, inclusive (the "Class Period").
Additionally, Canadian BlackBerry Ltd. Shareholders on Oct. 16 have launched a class-action lawsuit against the troubled smartphone maker in Quebec, alleging that it “knowingly or negligently misrepresented” consumer demand for its latest line of smartphones and the company’s financial position.
Are investors worried about the recent updates with BBRY? Find out with a free trend analysis HERE
EMC Corporation(NYSE:EMC) shares increased 0.17% to $23.71. The company on Oct. 22 said it cut its full-year forecast because of the two-week U.S. government shutdown.
EMC, which reported lower-than-expected quarterly results, said the shutdown caused it to miss its revenue estimate by about $120 million, which it did not expect to recover.
Net income attributable to EMC slid to $586 million, or 27 cents per share, in the third quarter ended September 30. Excluding items, the company earned 40 cents per share, below the average analyst estimate of 45 cents. Consolidated revenue rose 5 percent to $5.54 billion, missing the average estimate of $5.8 billion.
Is EMC going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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