BlackBerry (BBRY) Posts Surprise Q3 Profit; Reports 100% Sequential Growth in BES10 Licenses

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Imperial Capital Remains on the Sidelines with BlackBerry (BBRY) Following Q3 Results

December 22, 2014 9:47 AM EST

Imperial Capital analyst Michael Kim reiterated an In-Line rating and $10 price target on BlackBerry (NASDAQ: BBRY) following mixed Q3 results.

Kim commented, "Despite substantially lower than expected hardware revenue, management achieved further turnaround progress in F3Q15 through aggressive cost reductions and more favorable mix. We anticipate improved hardware stabilization... More

BlackBerry (BBRY) Neutral Rating Maintained at MKM Partners

December 19, 2014 3:46 PM EST

MKM Partners maintained a Neutral rating on BlackBerry (NASDAQ: BBRY) with a price target of $10.00. Analyst Michael Genovese called Q3 results mixed.

"BlackBerrys 3QFY15 results (November) were a mixed bag with a large revenue miss driven by handset ASP... More

Deutsche Bank Comments on BlackBerry's (BBRY) Q3

December 19, 2014 2:27 PM EST

Deutsche Bank maintained a Hold rating on BlackBerry (NASDAQ: BBRY) with a price target of $9. Comments follow Q3 results. Analyst Brian Modoff noted disappointing handset sales, but he thinks operating structure moved in the right direction.

"We maintain our Hold and $9 price target until we get a better understanding of the likelihood of enterprise customers converting to paying subscribers. At this point we are slightly negative on the outlook given our... More

Ocean Capital Will Begin Utilizing BlackBerry's (BBRY) EMM Solution: BES12

December 19, 2014 7:23 AM EST

BlackBerry (NASDAQ: BBRY) announced that Ocean Capital Investments, and its subsidiaries, members of the Irving family of companies, are migrating to BES12: a cross-platform EMM solution by BlackBerry. Ocean Capital Investments will be deploying BES12 as a BlackBerry hosted cloud solution to manage BlackBerry and iOS devices, displacing their former mobile device management provider, MobileIron.

BES12 provides expanded cross-platform EMM capabilities that can manage any mobile deployment model such as BYOD, COPE and COBO, and leverages BlackBerry's trusted global infrastructure. The BES12 platform seamlessly supports iOS, Android", Windows Phone, BlackBerry 10 and BlackBerry OS... More

BlackBerry (BBRY) to Resume Trading at 7:30 AM

December 19, 2014 7:19 AM EST

BlackBerry (NASDAQ: BBRY) to Resume Trading at 7:30 AM

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BlackBerry (BBRY) Completes Secusmart GmbH Acquisition

December 19, 2014 7:14 AM EST

BlackBerry (Nasdaq: BBRY) announced that following regulatory approval it completed its acquisition of Secusmart GmbH, a leader in high-security voice and data encryption and anti-eavesdropping solutions for government organizations, enterprises and telecommunications service providers in Germany and around the world. Terms of this transaction were not disclosed.

With this acquisition, BlackBerry strengthened its leadership in secure enterprise mobility with Secusmart's encryption and anti-eavesdropping capabilities. Secusmart's technology will bolster BlackBerry's end-to-end offerings that provide... More

BlackBerry (BBRY) Announces Availability of Cross-Platform EMM Solution, BES12

December 19, 2014 7:03 AM EST

BlackBerry (NASDAQ: BBRY) announced that BES12: a cross-platform EMM solution includes support for Android 5.0 Lollipop. BES12 support for Android Lollipop was made available to customers in early November. The capability underscores BlackBerry's commitment to unparalleled security in managing devices from multiple platforms in the enterprise, and further demonstrates the breadth of BES12 functionality.

Android is an... More