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Stock Market & Financial Investment News

News Breaks
January 30, 2013
11:17 EDTBBRY, T, RIMMAT&T confirms plans to offer BlackBerry Z10 and Q10 phones
AT&T (T) announced plans to offer the new BlackBerry Z10 and BlackBerry Q10 smartphones powered by BlackBerry 10.
News For T;BBRY;RIMM From The Last 14 Days
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December 15, 2014
12:43 EDTBBRYBlackBerry short squeeze possible after launch, earnings, Goldman says
Shares of BlackBerrry (BBRY) could undergo a short squeeze this week, driven by the launch of the company's new BlackBerry Classic smartphone and the company's earnings conference call, Goldman Sachs wrote in a note to investors today. WHAT'S NEW: The launch of the Classic on Wednesday, along with BlackBerry's earnings conference call on Friday, could generate a short squeeze in BlackBerry's stock, Goldman analyst Simona Jankowski wrote. BlackBerry's Q3 earnings per share should be "largely in-line" with the consensus outlook, as higher hardware revenues should be more than offset by a decline in legacy service revenues, the analyst stated. However, the company's EPS for its quarter ended in February should beat expectations, driven by the launch of the Classic, Jankowski forecast. Still, she kept a Neutral rating on the stock. WHAT'S NOTABLE: According to Jankowski, the short interest in BlackBerry shares has risen to 21%. PRICE ACTION: In early afternoon trading, BlackBerry fell 1.7% to $9.67. The stock is off its low for the day of $9.40. BlackBerry shares have dropped about 12% over the last three months.
10:37 EDTBBRYBlackBerry could undergo short squeeze this week, says Goldman
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07:36 EDTBBRYBlackBerry December volatility elevated into Q3 and outlook
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December 12, 2014
16:33 EDTTStocks finish week lower amid steep decline in oil prices
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December 11, 2014
13:19 EDTBBRYMicrosoft dropped by Ford for in-car sync system, Re/code reports
Ford's (F) Sync 3 in-car entertainment and mapping system will use a version of BlackBerry's (BBRY) QNX operating system, replacing Microsoft (MSFT) technology that had been used in the prior two versions, Re/code reports. The QNX-powered system adds more features, including a capacitive touch screen and the ability to get software updates over Wi-Fi. Ford said in a statement that its "hardware and software decisions were based on identifying the technology that would best meet the expectations for performance by our customers." Reference Link
09:59 EDTBBRYBlackBerry December volatility increases into Q3 and outlook
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December 10, 2014
10:24 EDTTSprint retreats after Oppenheimer cuts rating to Underperform amid price war
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09:12 EDTTRadioShack threatens bankruptcy if cell phone deals not reworked, NY Post says
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08:16 EDTTBarclays to hold a conference
Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 10 at 10:40 am; not all company presentations may be webcasted.Webcast Link
07:30 EDTTAT&T price target lowered to $36-$38 from $42-$44 at Wells Fargo
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06:32 EDTTAT&T shares have near-term downside risk to $30, says Citigroup
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05:51 EDTTStocks with implied volatility movement; CBST T
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05:15 EDTTAT&T rebrands Alltel in Georgia
AT&T has upgraded the former Alltel retail locations in Georgia and opened them under the AT&T brand. AT&T has also upgraded the former Alltel network in Georgia to combine the strength of Alltel's local coverage with AT&T's 4G LTE network. In early 2015, more than 100,000 former Alltel wireless customers in Georgia will begin using new devices that work on AT&T's network.
December 9, 2014
10:28 EDTTVerizon drops after warning about promotional impact on profits
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08:50 EDTBBRYBlackBerry CEO says China entry won't be rushed, won't include takeover
BlackBerry (BBRY) Executive Chairman and CEO John Chen, in a post to his LinkedIn account entitled "Don't Believe The Hype," stated that he has recently I’ve been advised to capitalize on Kim Kardashian’s pronouncements that BlackBerry phones are her “heart and soul,” or talk up plans to enter the China market, "however preliminary they are today." Chen said BlackBerry's focus right now is on extending its security foundation with new solutions for the enterprise and that it "cannot and will not" chase sensationalism. "As for China, rest assured that we are developing a well-thought out plan that will take into account many factors, including timing and our long-term strategy. It won’t be rushed because it’s exciting or turned away from because of security concerns. And it won’t include a takeover," Chen wrote in his post. Reference Link
07:32 EDTTUBS to hold a conference
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December 8, 2014
18:24 EDTTOn The Fly: After Hours Movers
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December 5, 2014
10:18 EDTBBRYBlackBerry calls active on renewed takeover chatter
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09:44 EDTBBRYRumor: BlackBerry moves up on renewed takeover chatter
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06:01 EDTTTechNet: Combined AT&T/DirecTV will increase broadband development
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