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BlackBerry Ltd. (BBRY)

  • Jan. 18, 2013, 4:11 PM
    Samsung (SSNLF.PK) is pushing ahead with its SAFE initiative, which seeks to make its Android devices more enterprise-friendly (and in doing so, differentiate them from those of hungry Asian rivals). Among other things, SAFE delivers encryption capabilities, VPN support, Microsoft Exchange integration, and device management tools that go beyond what's offered in Google's Android. iOS still has an edge on Android in corporate adoption, thanks in part to its security/management features. (previous)
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  • Jan. 18, 2013, 9:10 AM
    Premarket gainers: PATH +16%. LIFE +12%. NEWL +8%. RIMM +8%. MS +7%. SNE +7%. GERN +5%.
    Losers: FNSR -10%. TSRX -9%. WIT -8%. COF -7%. INTC -6%.
  • Jan. 18, 2013, 7:42 AM
    Research in Motion (RIMM) +6.7% premarket after getting another upgrade from Jefferies' Peter Misek, this time to Buy with price target of $19.50 (from $13). The new BB10 OS will enable corporate email on iOS and Android devices, he says - something the market is unaware of. In the most bullish scenario, he puts a $56 price target on the stock vs. a previous $43.
  • Jan. 16, 2013, 12:34 PM
    Research In Motion (RIMM +3.2%) is rallying again today. CrackBerry has posted a leaked BB10 training manual that provides plenty of new images of RIM's next-gen OS and its related apps. The images show off BB10's social networking capabilities, multitasking tools, and Web browser, as well as some hyped features such as BlackBerry Flow and BlackBerry Remember. (yesterday)
  • Jan. 15, 2013, 12:09 PM
    Research In Motion (RIMM -3.4%) is cooling off following a giant 2-day rally, even as Charter's Ed Snyder upgrades shares to Buy. Snyder liked what he saw in a "preliminary review" of BB10, and praises the OS' interface, 70K apps, and keyboard. He argues BB10 enthusiasm could help investors look past services pricing worries. But a lot of investors have already done that.
  • Jan. 14, 2013, 10:01 AM
    While Apple slumps thanks to iPhone component order cut reports, Research In Motion (RIMM +8.3%) is continuing its recent tear; shares are now up 23% from Thursday's close and have fully recouped the giant losses seen following RIM's FQ3 report, which raised fears the company's services revenue will soon fall sharply. Short-covering and enthusiasm about the upcoming BlackBerry Z10 seem to be the main factors.
  • Jan. 11, 2013, 1:58 PM
    Not only has Research In Motion (RIMM +11.4%) brushed off BMO's downgrade and a Vodafone service outage, the company is now among the day's biggest tech winners. In addition to short-covering, RIM is probably getting a lift from new leaked pictures of the BlackBerry Z10, RIM's first touchscreen-only BB10 device. The pictures show a sleek-looking device that supports easy switching between Personal and Work modes. Also, Sprint has joined other nationwide carriers in confirming it will sell BB10 hardware. (X10 images)
  • Jan. 11, 2013, 7:10 AM
    Research in Motion (RIMM) is downgraded to Sell at BMO, with price target cut to $9. Shares -3.5% premarket.
  • Jan. 10, 2013, 10:01 AM
    Research In Motion (RIMM +2.4%) appears to be getting a lift from Nokia's Q4 pre-announcement. Reuters is reporting Verizon, AT&T, and T-Mobile USA execs have confirmed at CES their companies will sell BlackBerry 10 devices, though this was generally expected. Also rallying: telecom equipment vendors Alcatel-Lucent (ALU +3.9%) and Ericsson, and European chip companies STMicroelectronics (STM +5.1%), NXP (NXPI +3.1%), and ARM (ARMH +4%).
  • Jan. 9, 2013, 4:31 PM
    Research In Motion (RIMM) plans to launch at least 6 BlackBerry 10 devices in 2013, says CMO Frank Boulben. The first two products - a touchscreen-only phone and one with a QWERTY keyboard - will launch at RIM's Jan. 30 BB10 event. Boulben adds RIM wants to hit a variety of price points - getting low-end devices out quickly could be crucial to maintaining RIM's emerging markets base in the face of Android competition. Thorsten Heins previously said mid-tier BB10 hardware would arrive by fall, but that low-end "concept designs" would take longer.
  • Jan. 2, 2013, 5:29 PM
    Because what the world needs most is another smartphone OS, software firm Canonical has released a mobile version of the popular Ubuntu Linux distribution. Mobile Ubuntu uses the same kernel as Android (also derived from Linux), but apps will have to be re-written. It features some innovative gestures and a few other tricks, but will also have to compete with Windows Phone, BlackBerry 10, Firefox OS, Tizen, Sailfish, and some other would-be Android/iOS rivals.
  • Jan. 2, 2013, 10:30 AM
    InterDigital (IDCC +2.9%) and RIM (RIMM +2.1%) have extended their existing patent licensing deal for a "multi-year period," and have amended it to cover InterDigital's 4G LTE patents. The deal requires RIM to make per-unit royalty payments to InterDigital on BlackBerry sales. (PR)
  • Dec. 31, 2012, 1:43 PM
    A month ahead of Research In Motion's (RIMM +0.1%) BlackBerry 10 launch event, the FCC has approved a BB10 device that supports AT&T's 3G and 4G bands, along with some international ones. The phone could be the rumored touchscreen-only BlackBerry Z10. Separately, more leaked images have appeared of the X10, a rumored BB10 phone sporting a QWERTY keyboard. (FCC filings) (previous)
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  • Dec. 27, 2012, 5:57 PM
    Synchronoss (SNCR) acquires cloud service provider NewBay from Research in Motion (RIMM) for $55.5M. CEO Stephen Waldis says the move is one of the first steps in a large expansion plan intended to boost SNCR's international presence with the takeover of a major European mobile operator.
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  • Dec. 27, 2012, 2:16 PM
    Research In Motion (RIMM) is paying Nokia (NOK) a one-time fee of €50M ($65M) as part of the companies' patent settlement, RIM disclosed in a 6-K. RIM is also making ongoing royalty payments as part of the deal, which covers the use of Nokia's Wi-Fi patents.
  • Dec. 26, 2012, 10:48 AM
    Is it mere short-covering or something more? RIM (RIMM +7.7%) is rallying strongly on a quiet day after getting crushed in the wake of its FQ3 report. 113.7M shares were shorted as of Nov. 30.
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Company Description
BlackBerry Ltd is a designer, manufacturer and marketer of wireless solutions for the mobile communications market.