BlackBerry Limited (NASDAQ:BBRY) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 5.71% to 8.33 with about 23.35 Million shares have changed hands in this session. BlackBerry Limited (NASDAQ:BBRY) reported that contract with newly formed joint venture PT BB Merah Putih to license BlackBerry software and services for the production of handsets for the Indonesian market. This alliance accelerates BlackBerry’s overall focus on driving software growth, specifically developing and licensing device software offerings, comprising security solutions and applications, through its Mobility Solutions business unit.
Executive Chairman and CEO, BlackBerry, John Chen stated that “BlackBerry is no longer just about the smartphone, but the smart in the phone. Working with trusted partners to extend the reach and availability of our secure mobility software remains a key focus for the Mobility Solutions unit and this joint venture is just one of our next steps in making our software licensing strategy successful. The stock is going forward its fifty-two week low with 39.77% and lagging behind from its 52-week high price with -11.95%.
Same, the positive performance for the quarter recorded as 25.45% and for the year was 38.37%, while the YTD performance remained at -10.24%. BBRY has Average True Range for 14 days of 0.21.
Shares of Armstrong World Industries, Inc. (NYSE:AWI) [Trend Analysis] swings enthusiastically in regular trading session, it a decrease of -0.51% to close at $40.79. Armstrong World Industries, Inc. (NYSE: AWI) and Worthington Industries, Inc. (NYSE: WOR), joint venture partners in Worthington Armstrong Venture (WAVE), recently reported Surged Mary Clyburn as WAVE’s president & CEO. Clyburn succeeds Charlie Chiappone who was recently designatedsenior vice president at Armstrong World Industries (AWI).
“Surged Mary is a proven leader having successfully led H.B. Fuller Construction Products through the recession to important growth,” stated Worthington Industries Chairman & CEO John P. McConnell. “She brings over 30 years of diverse experience and we believe she will continue WAVE’s growth trajectory.” AWI President & CEO Vic Grizzle stated, “We are equally happy to have Surged Mary join WAVE. She is an excellent addition to what is a very dynamic, diverse and innovative team committed to driving top-line growth.” Moving forward to saw long-term intention, the experts calculate Return on Investment of 6.60%. The stock is going forward its fifty-two week low with 13.56% and lagging behind from its 52-week high price with -22.05%. AWI last month stock price volatility remained 2.12%.