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Stock Market & Financial Investment News

News Breaks
March 7, 2014
06:27 EDTBBRYBlackBerry CEO met at White House to encourage device's use, Bloomberg reports
BlackBerry CEO John Chen held talks with the White House to encourage President Obama and other staff members to continue using their BlackBerry devices, reports Bloomberg. Chen told Bloomberg TV that ďAs part of my meeting customers I have briefed the White House from an IT perspective...Itís just customer outreach..." Reference Link
News For BBRY From The Last 14 Days
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July 28, 2015
10:00 EDTBBRYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aegerion (AEGR) upgraded to Buy from Hold at Jefferies... Ameren (AEE) upgraded to Neutral from Sell at Goldman... AutoNation (AN) upgraded to Buy from Neutral at Sterne Agee CRT... Beacon Roofing (BECN) upgraded to Outperform at Baird... BlackBerry (BBRY) upgraded to Equal Weight from Underweight at Morgan Stanley... Bojangles (BOJA) upgraded to Buy from Neutral at SunTrust... Boyd Gaming (BYD) upgraded to Neutral from Underperform at BofA/Merrill... Columbus McKinnon (CMCO) upgraded to Buy from Neutral at Sidoti... Danaher (DHR) upgraded to Overweight from Equal Weight at Morgan Stanley... Emerald Oil (EOX) upgraded to Hold from Sell at Wunderlich... Haemonetics (HAE) upgraded Outperform from Market Perform at Barrington... Jefferies sees entry point for Aegerion (AEGR), upgrades to Buy... Philips (PHG) upgraded to Buy from Hold at Societe Generale... Plum Creek Timber (PCL) upgraded to Buy from Neutral at DA Davidson... Raytheon (RTN) upgraded to Buy from Neutral at BofA/Merrill... SandRidge Energy (SD) upgraded to Hold from Sell at Wunderlich... Telecom Argentina (TEO) upgraded to Outperform from Market Perform at Raymond James... Teva (TEVA) upgraded to Outperform from Market Perform at BMO Capital... Triumph Bancorp (TBK) upgraded to Buy from Hold at Evercore ISI... Waste Management (WM) upgraded on valuation, rebounding businesses at Argus... Wisconsin Energy (WEC) upgraded to Buy from Neutral at Goldman.
08:29 EDTBBRYBlackBerry upgraded to Equal Weight at Morgan Stanley
As previously reported, Morgan Stanley upgraded BlackBerry to Equal Weight from Underweight and maintained its $7 price target. The firm said the upgrade is not due to improving fundamentals but flexibility with cash and opex opportunities. Morgan Stanely said BlackBerry's cash balance is worth $3.50-$3.75 per share and has a significant opportunity to add that cash through headcount reductions or other reallocation of resources.
06:11 EDTBBRYBlackBerry upgraded to Equal Weight from Underweight at Morgan Stanley
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July 26, 2015
18:37 EDTBBRYPakistan orders halt to BlackBerry Enterprise Services within country, WSJ says
Pakistan has ordered mobile service providers within the country to shut down BlackBerry Enterprise Services due to security concerns, the Wall Street Journal reported Saturday. A senior government official told the Journal that remaining BlackBerry services such as messenger will be unaffected. Reference Link
July 24, 2015
11:02 EDTBBRYBlackBerry CEO says prepared to move past smartphones, Bloomberg says
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July 22, 2015
08:01 EDTBBRYBlackBerry agrees to acquire AtHoc, terms not disclosed
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July 21, 2015
17:50 EDTBBRYBlackBerry reports additional job cuts, CBC says
BlackBerry has disclosed an additional round of job cuts, the Canadian Broadcasting Corporation reported earlier, citing company statements. The company did not reveal how many employees were laid off, but noted that some were shifted to other positions within BlackBerry. Reference Link

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