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Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:57 EDTBBRYBlackBerry checks show UK carriers not promoting Z10, says Deutsche Bank
After surveying 30 phone stores in the UK, Deutsche Bank said BlackBerry's new Z10 device is not being promoted by carriers and that sales rep were not entirely verses on the merits of the phone. Deutsche added that every store except one had the Z10 in stock. The firm calls the survey results "not great," but feels BlackBerry's staggered launch gives it time to fix the issues. Deutsche remains on the sidelines with regards to BlackBerry shares and keeps a Hold rating on the name.
News For BBRY From The Last 14 Days
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February 5, 2016
13:47 EDTBBRYBlackBerry confirms job cuts in Waterloo, Sunrise, TechCrunch reports
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February 2, 2016
08:47 EDTBBRYBlackBerry initiated with a Buy at TD Securities
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January 29, 2016
09:02 EDTBBRYBlackBerry raises common share purchase program to 27M shares form 12M shares
BlackBerry announced that it received approval from the Toronto Stock Exchange to amend its current normal course issuer bid, or NCIB, in order to increase the maximum number of common shares that may be repurchased from 12M common shares, or 2.5% of the public float as at June 22, 2015, to 27M common shares, or 5.8% of the public float. The total public float on June 22, 2015 was 464.72M common shares. No other terms of the NCIB have been amended. BlackBerry also announced that it has entered into an automatic purchase plan with its designated broker to allow for purchases of up to 2.69M common shares in connection with the NCIB.

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