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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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November 30, 2015
06:25 EDTBBRYBlackBerry confirms it will exit Pakistan
BlackBerry COO Marty Beard confirmed that after November 30, BlackBerry will no longer operate in Pakistan. Beard explains, "While we regret leaving this important market and our valued customers there, remaining in Pakistan would have meant forfeiting our commitment to protect our users' privacy. That is a compromise we are not willing to make. In July, the Pakistan Telecommunications Authority notified the country's mobile phone operators that BlackBerry's BES servers would no longer be allowed to operate in the country starting in December 'for security reasons.' The truth is that the Pakistani government wanted the ability to monitor all BlackBerry Enterprise Service traffic in the country, including every BES e-mail and BES BBM message. But BlackBerry will not comply with that sort of directive. As we have said many times, we do not support 'back doors' granting open access to our customers' information and have never done this anywhere in the world... BlackBerry's focus will remain on protecting corporate, government and military communications throughout the world, including in South Asia and the Middle East, wherever our technology operates. Although the Pakistani government's directive was aimed only at our BES servers, we have decided to exit the market altogether, because Pakistan's demand for open access to monitor a significant swath of our customers' communications within its borders left us no choice but to exit the country entirely." Reference Link
06:17 EDTBBRYBlackBerry to delay Pakistan shutdown amid government access talks, Reuters says
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November 18, 2015
10:29 EDTBBRYOptions with increasing implied volatility
Options with increasing implied volatility: TERP CSC SGMS RH BBRY ULTA SNDK ORCL NKE VNET
November 17, 2015
13:22 EDTBBRYBlackBerry sees posting a profit next year, CNBC reports
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10:20 EDTBBRYOptions with increasing implied volatility
Options with increasing implied volatility: SGMS HZNP CSC ULTA RH BURL GME AEO BBRY TIF
05:20 EDTBBRYStocks with implied volatility movement; VIPS BBRY
Stocks with implied volatility movement; Vipshop (VIPS) 92, BlackBerry (BBRY) 63 according to iVolatility.

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