When BlackBerry reported fourth-quarter 2021 and full fiscal year results Tuesday, the company missed quarterly and full-year revenue estimates. According to Canaccord Genuity analyst T. Michael Walkley, the miss was “primarily driven by licensing headwinds due to ongoing negotiations for the sale of part of its mobile device patent portfolio.”
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BlackBerry has been downgraded by stock analysts at Canaccord Genuity from a "hold" rating to a "sell" rating. , Michael Walkley from Canaccord downgraded BlackBerry with a price target of $10.00.
BlackBerry shares rallied by the most in almost three months on Wednesday after the company posted better-than-expected third quarter results and said it expects full-year revenue at the high end of its range.
As we reported early this morning, John Chen, Executive Chairman and CEO of BlackBerry was joined by Canadian Prime Minister Justin Trudeau today to unveil the BlackBerry QNX Autonomous Vehicle Innovation Centre (AVIC).
BlackBerry will open an autonomous driving research center on Monday. Canadian Prime Minister Justin Trudeau will attend the launch, the prime minister’s office said on Sunday.
The Bluetooth Special Interest Group (SIG) announced that its next release, coming late 2016 to early 2017, will be called Bluetooth 5 and will include significantly increased range, speed, and broadcast messaging capacity.
BlackBerry‘s stock had its “market perform†rating reiterated by Wells Fargo in a research report issued on Monday. They presently have a $7.62 target price on the company’s stock.
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of LinkedIn breached their fiduciary duties in connection with the proposed sale of the Company to Microsoft.
Synaptics has announced a new ultra-small form factor USB module that enables Natural IDâ„¢ secure fingerprint authentication on any notebook PC.
A veteran Wall Street analyst who covered BlackBerry for more than a decade has come back from a two-year hiatus to warn investors the company's handset unit is dragging down the business and should be shut down.
BCE Inc., parent company to Canada's third-largest wireless carrier Bell Mobility, has announced a deal to purchase Manitoba Telecom Services (MTS) for $3.9 billion CAD.
Cleveland Research Analysts have updated their position on BlackBerry, rating the stock a Neutral with a 12-month price target of $7.73.
SAP today announced that its planned SAP Fiori 2.0 user experience (UX) design concept won a Red Dot in the Interaction Category at the Red Dot Award: Design Concept 2015.
BlackBerry today announced that it has completed the acquisition of AtHoc, a leading provider of secure, networked crisis communications. AtHoc will operate as a division of BlackBerry.
Canaccord Genuity analyst Michael Walkley maintained a Hold rating on BlackBerry Monday and set a price target of $8, after it conducted a wireless survey for the company.
BES12 helps you manage mobile devices for your organization, including BlackBerry 10, BlackBerry OS (version 5.0 to 7.1), iOS, Android and Windows Phone.
In the U.S., a former wireless retail executive has been sentenced to five months in prison for selling confidential industry information to an analyst whose subsequent 2013 report on sales of BlackBerry's Z10 sent the company's stock price downward.
Wall Street analysts are expecting BlackBerry to report a loss for its fiscal second quarter of approximately $39.2 million dollars, or 7 cents a share.
The UK's data watchdog is "making enquiries" after Carphone Warehouse admitted being victim of a cyber-attack. The attack was discovered on Wednesday, and details were released on Saturday.
Morgan Stanley analyst James Faucette has upgraded his rating on BlackBerry stock on the strength of the company’s cash reserves and ability to further cut costs.
In a report published Wednesday, Credit Suisse analyst Kulbinder Garcha maintained an Underperform rating on BlackBerry with a price target of $6, after the company reported disappointing results.
Securities firm RBC Capital Markets has cut in half its estimate of the number of BlackBerry Passport and BlackBerry Classic handsets which the company had managed to sell in the previous quarter.
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