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Stock Market & Financial Investment News

News Breaks
March 25, 2014
07:40 EDTLNVGY, BBRYBlackBerry was blocked by Canada from selling itself to Lenovo, CBC says
BlackBerry (BBRY) tried to sell itself to Lenovo (LNVGY) last year, but was told by Canada's government that either Chinese or Russian investment would be met with stiff opposition so the company abandoned the sale, according to CBC News. However, BlackBerry received a crucial remission order from the government that allowed for a $696M early payment of part of its tax refund, the report noted. Reference Link
News For BBRY;LNVGY From The Last 14 Days
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November 13, 2014
15:51 EDTBBRYBlackBerry CEO says 'new' value added services are 'available'
15:40 EDTBBRYBlackBerry CEO says mission is to soften the SAF trajectory
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15:25 EDTBBRYBlackBerry CEO says company is hiring
15:23 EDTBBRYBlackBerry CEO says may do acquisitions and more partnerships
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15:19 EDTBBRYBlackBerry CEO says company is now financially stable, cash position strong
15:17 EDTBBRYBlackBerry CEO says has complimentary strengths with Samsung
BlackBerry CEO speaking on CNBC.
13:28 EDTBBRYBlackBerry hits 52-week high after unveiling partnerships
Shares of BlackBerry (BBRY) hit a new 52-week high after the company announced three new partnership deals. The company is slated to hold its analyst day today, starting at 3:30 PM ET. WHAT'S NEW: BlackBerry announced that it would partner with Samsung to provide a security solution for the South Korean company's mobile devices that utilize Google's (GOOG) Android operating system. Under the deal, BlackBerry’s BES12, an Enterprise Mobility Management system, or EMM that was launched today, will be integrated with some of Samgung's Galaxy smartphones and tablets. BES 12 "securely manages devices from all of the major enterprise mobile platforms" and "will help organizations securely connect employees with each other and with the corporate information and machines” they need, BlackBerry stated. Also today, Blackberry announced that it would connect its EMM solutions to Salesforce's (CRM) top customer relationship management platform. "This agreement will allow Salesforce and BlackBerry joint customers to run their businesses from their phone while complying with specific industry regulations," said Vivek Kundra, a Salesforce Executive Vice President in a statement. "BlackBerry has an excellent reputation in security and networks, and when matched with the Salesforce Customer Success Platform, public sector organizations can use their mobile devices to connect with customers in a whole new way," added Kundra. Finally, BlackBerry announced that Brightstar would distribute BES 12. BlackBerry described Brightstar as "the world's largest wireless distribution company and leader in services for the wireless industry." WHAT'S NOTABLE: BES12 is expected to compete with Apple (AAPL) in the enterprise space. Apple earlier this year announced that it was partnering with IBM (IBM) in an effort to sell more products to corporate customers. PRICE ACTION: In mid-afternoon trading, BlackBerry jumped 6% to $11.95. Earlier today the shares set a new 52-week high of $12.05.
12:29 EDTBBRYCitron Research says confident in $15 target for BlackBerry
Citron Research stated on Twitter: "All systems a go for Mr. Chen. New deal with Samsung makes Citron feel confident about our near term $15 target [on BlackBerry.] New 52 week high" Reference Link
12:04 EDTBBRYBlackBerry announces strategic partnership with Samsung
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12:03 EDTBBRYBlackBerry announces agreement with Salesforce.com
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12:01 EDTBBRYBlackBerry announces partnership with Brightstar
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11:51 EDTLNVGYLenovo selected by Fixnetix as x86 server technology partner
Lenovo announced that Fixnetix, a managed service provider, chose Lenovo as its x86 server technology partner for its managed services contract at one of the world’s largest global banks. The estimated $3.5M deal, includes 700 System x3650 M4 servers, upgraded maintenance and flexible financing.
11:00 EDTBBRYStocks with call strike movement; ARCP BBRY
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06:22 EDTLNVGYLenovo, Asustek to launch $149 Chromebook, DigiTimes reports
Lenovo and Asustek plan to release Chromebooks using Google (GOOG) certified solutions from Rockchip in 1H15, reports DigiTimes. According to DigiTimes Resarch's latest finding from the Greater China supply chain, the devices are expected to be priced at $149. Reference Link
November 12, 2014
12:00 EDTBBRYBlackBerry to host investor day
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06:36 EDTLNVGYOrder visibility highest for Apple, Lenovo shipments in 2015, DigiTimes says
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November 11, 2014
06:03 EDTLNVGYQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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November 10, 2014
08:26 EDTLNVGY, BBRYBlackBerry CEO meets with Lenovo, seeks partnerships in China, Bloomberg reports
BlackBerry (BBRY) CEO John Chen acknowledged meeting with the heads of Xiaomi and Lenovo (LNVGY) and said his company's strengths in security, encryption and privacy may present opportunities for agreements on technology licensing, distribution or manufacturing in China, reported Bloomberg, citing an interview with Chen at the Asia-Pacific Economic Cooperation CEO Summit. Reference Link
November 9, 2014
17:49 EDTBBRYBlackBerry plans few devices as it focuses on profitability, Reuters says
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November 7, 2014
06:39 EDTLNVGYLenovo to launch low-cost Chromebook in early 2015, DigiTimes reports
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