Cormark upgrades BlackBerry to Top Pick
Cormark analyst Richard Tse said the long weekend provided him a little extra time to review BlackBerry’s Q4 and fiscal 2013 results, which were released last Thursday. Tse says he came away from the...
View ArticleBlackBerry shares rise after Paradigm raises stock to Buy
BlackBerry shares gained 4.6 percent after Paradigm Capital Inc. raised its rating on the stock to “speculative buy,” saying rumors of the smartphone maker’s demise have been “greatly exaggerated.”...
View ArticleBlackBerry’s largest investor sticking with BlackBerry
BlackBerry’s largest investor, Fairfax Financial CEO Prem Watsa, says he will stick with BlackBerry despite founder Mike Lazaridis announcing that he will leave the company. Prem Watsa, a board member...
View ArticleBlackBerry Shares up 1.4% as Misek reiterates a Buy Rating
Shares of BlackBerry are up 19 cents, or 1.4%, at $13.90 as Jefferies & Co.’s Peter Misek reiterated a Buy rating on the stock, and a $22 price target, writing that a recent trip through Asia has...
View ArticleBlackBerry Drops due to Report of Cutback in Production Plans
BlackBerry dropped in New York trading today after investment research firm Wedge Partners said they have probably scaled back production plans for the BlackBerry Z10 device. The company may have cut 4...
View ArticleBlackBerry Rises as CEO expects Q10 Selling Tens of Millions
BlackBerry climbed to its highest level in more than a month after Chief Executive Officer Thorsten Heins said he sees sales of its new Q10 device to be in the “tens of millions.” “We have very, very...
View ArticleBlackBerry shares drop on Pacific Crest report
TORONTO (Reuters) – Shares of BlackBerry slid more than 5 percent on Tuesday after Pacific Crest Securities issued a downbeat report on sales momentum for smartphones running BlackBerry 10. Pacific...
View ArticleBlackBerry Shares Gain 6.3 percent – the Biggest Jump in Three Months
BlackBerry rose the most in almost three months after Societe Generale SA boosted its rating on the stock to buy from sell, saying channel checks show that new devices are selling well. The shares...
View ArticleGoldman Sachs restates BlackBerry’s Neutral Rating
BlackBerry‘s stock had its “neutral” rating restated by research analysts at Goldman Sachs in a report released on Monday. They currently have a $17.00 price objective on the stock. Goldman Sachs’...
View ArticleBlackBerry Reports First Quarter Fiscal 2014 Results
WATERLOO, ONTARIO–(Marketwired – June 28, 2013) - Research In Motion Limited (doing business as BlackBerry®) (NASDAQ:BBRY)(TSX:BB), a world leader in the mobile communications market, today reported...
View ArticleBlackBerry Q1 2014 results conference call now available to listen to or read
If you were busy and missed the live webcast, you can now listen to the audio replay. Be warned, the results are not good. Seeking Alpha have also produced a complete transcript, so if you would rather...
View ArticleBlackBerry shares plunge after $84m first-quarter loss and only 2.7 millions...
Shares in BlackBerry have dived after it reported an $84m (£55m) loss for the three months to 1 June. The figure was much worse than analysts’ forecasts. BlackBerry also said it would post an...
View ArticleBlackBerry to face tough questions about future at annual meeting on Tuesday
BlackBerry will likely face tough questions about its future at its annual meeting on Tuesday after dismal quarterly results last week triggered a 28 percent plunge in share price “The results were a...
View ArticleDesjardins upgrades BlackBerry to Long-Term Hold
Desjardins has upgraded BlackBerry from Long-Term Sell to Long-Term Hold based on their Quant work citing rising operating profitability. In its upgrade report the firm states: “(BB) is being upgraded...
View ArticleBlackBerry Shares fall 5% after analyst claims poor initial UK sales of...
Shares of BlackBerry Ltd fell 5 percent on Wednesday after an analyst said initial sales of its new mid-tier Q5 device were weak in the United Kingdom, while sales of its other BlackBerry 10 devices...
View ArticleBlackBerry Stock Up for Fifth Day in a Row
BlackBerry’s stock was up Tuesday, for the fifth day in a row, and briefly creeped above the $10 mark. It jumped nearly 7 per cent to close at $9.91, up 64 cents, in Toronto. The stock rose Tuesday on...
View ArticleBlackBerry Surges 11% while Evercore Ups to Hold
As BlackBerry explores strategic options, Evercore Partners’s Mark McKechnie raised his rating on the shares to Equal Weight from Underweight, writing that the stock has now become “a special...
View ArticleAIMCo would consider BlackBerry Investment if they went private
Alberta Investment Management Corporation (AIMCo) would consider an investment in BlackBerry if they went private. “It’s early days,” AIMCo Chief Executive Officer Leo De Bever said today in a...
View ArticleBlackBerry drops after analyst warns of phone build cuts
BlackBerry has cut its production by at least 10%, indicating that sales of its new smartphones are running below expectations, research firm Jefferies wrote in a note to investors. Research indicates...
View ArticleBlackBerry lowers as Bloomberg analysts speculate breakup on tap
BlackBerry is giving up some more of its recent gains after Bloomberg and contacted analysts suggest the company’s phone business is “essentially worthless,” and that BlackBerry’s other assets...
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