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Stock Market & Financial Investment News

News Breaks
January 9, 2014
07:33 EDTBBRYBlackBerry price target raised to $8-$9 from $6.50-$7 at Wells Fargo
After meeting with BlackBerry's management, Wells Fargo believes that worries about the company's liquidity are less of an issue. The firm thinks the company is making the right moves, but recommends waiting for more business model clarity and P&L transitions before getting more constructive on the name. The firm keeps a Market Perform rating on the stock.
News For BBRY From The Last 14 Days
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August 20, 2014
11:50 EDTBBRYStocks with call strike movement; PBR BBRY
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August 18, 2014
10:52 EDTBBRYBlackBerry announces new technology unit
BlackBerry announced that it has named Sandeep Chennakeshu to lead a new business unit to be called BlackBerry Technology Solutions, or BTS. The BTS business unit comprises BlackBerry's technology assets, including QNX, Project Ion, Certicom and Paratek as well as BlackBerry's patent portfolio. Blackberry CEO John Chen said, "Combining all these assets into a single business unit led by Sandeep will create operational synergies and new revenue streams, furthering our turnaround strategy."
August 7, 2014
06:02 EDTBBRYFacebook hires former BBM head Bocking to run Internet.org app, Re/code says
Facebook (FB) has hired Andrew Bocking to run its new Internet.org mobile app, reports Re/code. Bocking was previously head of BlackBerry Messenger (BBRY). Reference Link

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