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Stock Market & Financial Investment News

News Breaks
February 7, 2013
10:08 EDTBBRYBlackBerry advances after Wells Fargo ups to Outperform
Smartphone maker BlackBerry (BBRY) is climbing after Wells Fargo analyst Maynard Um upgraded the stock to Outperform from Market Perform in a note to investors earlier today. BlackBerry's gross margins should increase as it sells more devices that utilize its new BB10 operating system, the analyst believes. The stock's risk/reward ratio is positive at this time, as the shares already anticipate that BB10 will meet "some level of failure," Um wrote. Also upbeat on BlackBerry was Jefferies analyst Peter Misek. Most companies that have tested BlackBerry's new operating system for enterprises, BES 10, "seem truly impressed" by the product, wrote Misek after speaking with several of these companies. Moreover, he estimates that 20% of Fortune 500 companies are testing BES 10. Misek reported that half of the stores he contacted in Canada had sold out of BlackBerry's new Z10 smartphone. Larger stores received 30-100 of the devices, he added. Misek maintained a $19.50 price target and Buy rating on the shares. Meanwhile, BlackBerry announced that Richard Lynch, a former Verizon (VZ) Executive Vice President and Bert Nordberg, a former CEO of Sony Ericsson Mobile Communications, would join its board of directors. In mid-morning trading, BlackBerry climbed 50c, or 3%, to $16.55.
News For BBRY From The Last 14 Days
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April 27, 2015
12:37 EDTBBRYBlackBerry CEO says expanding apps availability on phone
BlackBerry CEO is speaking on a CNBC interview.
06:05 EDTBBRYBlackBerry implied volatility of 37 at lower end of index mean range
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April 24, 2015
16:14 EDTBBRYBlackBerry considers shutting down Sweden operations, WSJ reports
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April 23, 2015
14:25 EDTBBRYBlackBerry shares jump after MobileIron cuts Q1 revenue outlook
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April 21, 2015
09:09 EDTBBRYBlackBerry to acquire WatchDox, term not disclosed
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06:16 EDTBBRYBlackBerry could acquire WatchDox for $150M-$200M, Globes reports
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April 17, 2015
07:11 EDTBBRYBlackBerry management to meet with UBS
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April 15, 2015
06:11 EDTBBRYBlackBerry implied volatility of 43 at lower end of index mean range
April 14, 2015
06:28 EDTBBRYBlackBerry implied volatility of 43 at lower end of index mean range
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April 13, 2015
06:02 EDTBBRYBlackBerry implied volatility of 42 at lower end of index mean range
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