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BlackBerry Just Has 'Too Many Headwinds'; Macquarie Starts Coverage At Underperform
Wednesday, May 18, 2016 - 2:48pm | 428Macquarie has initiated coverage on BlackBerry Ltd (NASDAQ: BBRY) at Underperform, with a target price of $6.90, saying the company has "too many headwinds." Macquarie is concerned over BlackBerry's high margin service business "going to zero" and the viability of handset business and messenger...
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BlackBerry Loses 1% Despite Announcement Of New BBM Features
Tuesday, April 5, 2016 - 11:28am | 232BlackBerry Ltd (NASDAQ: BBRY) announced on Tuesday it has launched a new BBM (BlackBerry Messenger) release on Android, iOS and BlackBerry devices. The company touted the platform's new security features that allow users to control messages and content they share without a subscription fee...
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BlackBerry Is Winning In Indonesia
Tuesday, March 1, 2016 - 12:47pm | 331BlackBerry Ltd (NASDAQ: BBRY)'s popularity in the North American market has certainly faded over the past few years, but the company is seeing success elsewhere— particularly in Indonesia. According to The Wall Street Journal, the Indonesian market continues to show loyalty toward BlackBerry...
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BlackBerry's BBM Reportedly Helps Expose Corruption Scandal In Brazil
Tuesday, April 7, 2015 - 11:42am | 201According to several media outlets, BlackBerry Ltd (NASDAQ: BBRY) has played a major role in helping Brazilian prosecutors expose a major corruption scandal at Petroleo Brasileiro Petrobras SA (ADR) (NYSE: PBR). Apparently, the people allegedly involved in this graft ring had exchanged...
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BlackBerry: 'There Is No Reason We Will Not Bring BBM API To Developers'
Tuesday, March 3, 2015 - 9:04am | 134Following BlackBerry Ltd (NASDAQ: BBRY) delivering its keynote presentation at the Mobile World Congress 2015, the company answered a question relating to the "BlackBerry Experience." According to N4bb.com ("News for BlackBerrys"), BlackBerry was asked a question if it ever plans on opening up an...