Sinking crude price mean lower future profits for oil and gas companies, and investors responded accordingly. The energy sector of the S&P 500 fell nearly 4 percent, far more than the rest of the market. Exxon Mobil Corporation (NYSE:XOM) and Chevron, the nation's two largest oil and gas companies, each fell roughly 3 percent. Exxon Mobil Corporation (NYSE:XOM) in last trading activity moved down -0.24% to close at $91.60. Company weekly performance is -2.47% while its quarterly performance stands at -10.79%. Exxon Mobil Corporation (NYSE:XOM) is -12.56% away from its 52 week high.Globalstar Inc. (NYSEMKT:GSAT), a Covington-based satellite phone company, is defending itself against criticisms from a short seller—a company that sells financial investments before it has actually purchased those investments in an attempt to benefit from a drop in price. Globalstar CEO Jay Monroe told Bloomberg that a report from Kerrisdale Capital Management LLC, a short seller that would benefit from a drop, are "flawed and wrong." On last trading day Globalstar Inc. (NYSEMKT:GSAT) moved down -14.29% to close at $1.80. Its volatility for the week is 26.42% while volatility for the month is 12.60%. GSAT's sales growth for past 5 years was -0.80% and its EPS growth for past 5 years was -28.90%. Globalstar Inc. (NYSEMKT:GSAT) monthly performance is -53.00%.The latest offering from smartphone maker BlackBerry Ltd (NASDAQ:BBRY), the Passport, will be available in the retail market from Friday at a cost of Rs.49,990. The company has been taking pre-orders on Amazon, and on its own website, for the last ten days or so. BlackBerry Ltd (NASDAQ:BBRY) in last trading activity moved up 0.22% to close at $9.12. Company weekly performance is -3.90% while its quarterly performance stands at -18.72%. BlackBerry Ltd (NASDAQ:BBRY) is -21.72% away from its 52 week high.Feld Motor Sports® announced today that GoPro, Inc. (NASDAQ:GPRO) has signed on as the official camera and technical supplier of the 2014 Monster Energy Cup. GoPro will offer all competitors the option to use cameras to capture their laps for review at the Monster Energy Cup at Sam Boyd Stadium on October 18. GoPro, Inc. (NASDAQ:GPRO) has 0.63% insider ownership while its institutional ownership stands at 17.10%. In last trading activity company's stock closed at $85.05.
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