News Breaks |
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| February 7, 2013 |
| 10:08 EDT |  | BBRY | BlackBerry 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. |
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News For BBRY From The Last 14 Days Check below for free stories on BBRY the last two weeks. |
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| May 22, 2013 |
| 10:00 EDT |  | BBRY | On The Fly: Analyst Downgrade Summary
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| 09:35 EDT |  | BBRY | BlackBerry Q10 rollout below Z10, says ITG Research
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| 08:38 EDT |  | BBRY | BlackBerry downgraded to Underperform from Neutral at Exane BNP Paribas
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| May 17, 2013 |
| 10:13 EDT |  | BBRY | BlackBerry Z10 helps company regain Canadian market share, AllThingsD says
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| May 15, 2013 |
| 10:13 EDT |  | BBRY | On The Fly: Analyst Downgrade Summary
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| 08:24 EDT |  | BBRY | BlackBerry announces Los Angees Sheriff's Department deploys BB10, Enterprise
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| 07:48 EDT |  | BBRY | BlackBerry downgraded at Bernstein As previously reported, Bernstein downgraded BlackBerry to Market Perform from Outperform. The firm downgraded shares based on valuation, lack of near-term catalysts, and risk the company does not meet high expectations. Price target lowered to $15 from $22. |
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| 06:19 EDT |  | BBRY | BlackBerry downgraded to Market Perform from Outperform at Bernstein Price target lowered to $15. |
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| May 14, 2013 |
| 15:03 EDT |  | BBRY | BlackBerry falls after company update, levels to watch
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| 14:36 EDT |  | BBRY | Tone at BlackBerry user conference more upbeat this year, says RBC Capital
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| 12:32 EDT |  | BBRY | On The Fly: Midday Wrap
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| 11:56 EDT |  | BBRY | BlackBerry mobile device management opportunity underappreciated, says Jefferies Jefferies said Blackberry's mobile device management, or MDM, opportunity is underappreciated. The firm expects MDM software to gain traction throughout the year and significantly ramp revenues next year, enabling the company to transition to an attractive business model. Shares are Buy rated with a $22 price target. |
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| 11:12 EDT |  | BBRY | BlackBerry plans to bring BBM to iOS, Android this summer
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| 11:01 EDT |  | BBRY | BlackBerry says bringing BBM platform to iOS, Android Says BBM on Google's (GOOG) Android and Apple's (AAPL) iOS to start with messaging, other BBM features to follow. Comment from CEO Thorsten Heins speaking at BlackBerry Live event. |
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| 09:44 EDT |  | BBRY | Sprint says will launch BlackBerry Q10 in U.S. in late Summer
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| 09:41 EDT |  | BBRY | BlackBerry introduces Q5 smartphone with keyboard for select markets BlackBerry introduced the BlackBerry Q5, a BlackBerry 10 smartphone for selected markets that features a QWERTY keyboard with discrete keys. The new BlackBerry Q5 smartphone will be available in selected markets in Europe, the Middle East, Africa, Asia including the Asia Pacific region, and Latin America, with expected availability beginning in July. |
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| 09:35 EDT |  | BBRY | BlackBerry says Q5 mid-tier phone with keyboard to launch this Summer
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| 09:34 EDT |  | BBRY | BlackBerry says U.S. carriers to roll-out update of BB10 OS later this month
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| 09:34 EDT |  | BBRY | BlackBerry announces Q5 phone, a QWERTY device for emerging markets
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| 09:32 EDT |  | BBRY | BlackBerry CEO says U.S. carriers to start selling Q10 in early June
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