MKM Partners Cuts Price Target on BlackBerry (BBRY) Following Announced Plans to Acquire Good Technology

Good Technology Will Help BlackBerry (BBRY) Gain Market Share, but L-T Handset, Software Issues Remain - Oppenheimer

Oppenheimer affirms its Perform rating on BlackBerry (Nasdaq: BBRY) following news that the tech giant was moving to acquire Good Technology in a $425 million cash deal.

Analyst Andrew Uerkwitz offered the following key points on BlackBerry following this morning's announcement:

MobileIron (MOBL) More Likely to Seek Sale Following BlackBerry (BBRY)/Good Deal - Deutsche Bank

Deutsche Bank maintained a Hold rating on MobileIron (NASDAQ: MOBL) and reduced its price target to $5.00 (from $6.00). Comments follows news earlier that BlackBerry (NASDAQ: BBRY) will acquire Good Technology, MobileIron's rival. In the view of analyst Karl Keirstead this could put the company at a disadvantage... More

Notable Mergers and Acquisitions 9/4: (BBRY) (AMZN) (AVOL) (AGN) (Z)

* BlackBerry Limited (Nasdaq: BBRY) announced that it has entered into a definitive agreement to acquire Good Technology for $425 million in cash.

The acquisition of Good is aligned with BlackBerry's strategy to offer customers the most complete, end-to-end solution that secures the entire mobile enterprise, across all platforms. Enhanced by Good, BlackBerry will expand its ability to offer a unified, secure mobility platform with applications for any mobile device on any operating system supported with security that has been certified by governments around the world embedded in every component of the mobility... More

Pre-Open Stock Movers 09/04: (KBIO) (AVOL) (BBRY) Higher; (VNCE) (UTIW) (STXS) Lower (more..)

Vince Holding (NYSE: VNCE) 30% LOWER; reported Q2 EPS of $0.14, $0.09 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $80 million versus the consensus estimate of $86.32 million. Vince Holding sees FY2015 EPS of $0.31-$0.37, versus the consensus of $0.84. Vince Holding sees FY2015 revenue of $285-295 million, versus the consensus of $342.33 million.

KaloBios Pharmaceuticals, Inc. (NASDAQ: KBIO) 27.4% HIGHER; higher for second day on heavy volume... More

BlackBerry (BBRY) to Acquire Good Technology in $425M Deal

BlackBerry (Nasdaq: BBRY) announced that it has entered into a definitive agreement to acquire Good Technology for $425 million in cash.

The acquisition of Good is aligned with BlackBerry's strategy to offer customers the most complete, end-to-end solution that secures the entire mobile enterprise, across all platforms. Enhanced by Good, BlackBerry will expand its ability to offer a unified, secure mobility platform with applications for any mobile device on any operating system - supported with security that has been certified by governments around the world embedded in every component of the mobility infrastructure.

Good... More

Streetinsider.com's Hot Lunchtime Reads 9/3: (MSFT) (MOH) (GERN) (MDT)

The following is a list of notable articles to help get you through the lunch hour:Microsoft (MSFT) to Acquire Organizational Analytics Firm, VoloMetrix ->... More

Apple (AAPL) Accelerates vs. Peers in U.S. Smartphone Market Share of July - comScore (GOOG) (MSFT)

comScore, Inc. (Nasdaq: SCOR) released data from comScore MobiLens and Mobile Metrix, reporting key trends in the U.S. smartphone industry for July 2015. Apple ranked as the top smartphone manufacturer with 44.2 percent OEM market share, while Google Android led as the #1 smartphone platform with 51.4 percent platform market share. Facebook ranked as the top individual smartphone app.

Smartphone OEM Market Share191.4 million people in the U.S. owned smartphones (77.1... More