Imperial Capital Remains Sidelined on BlackBerry (BBRY) Following 3Q Report

Canaccord Genuity Cuts Price Target on BlackBerry (BBRY) Following Mixed 3Q

December 21, 2016 9:20 AM EST

Canaccord Genuity reiterated a Hold rating on BlackBerry (NASDAQ: BBRY), and cut the price target to $7.50 (from $8.00), following the company's 3Q earnings report. Management... More

BlackBerry (BBRY): Valuation Is Already Full - MKM

December 21, 2016 8:58 AM EST

MKM Partners analyst, Michael Genovese, reiterated his Neutral rating on shares of BlackBerry (NASDAQ: BBRY) noting that lack of revenue growth and a high valuation offsets the appeal of the company's strong, software driven, gross margins.

Mobility Solutions GM improved to 44% from... More

Pre-Open Stock Movers 12/20: (CNAT) (AKBA) (ACAD) Higher; (NPTN) (SCMP) (GIS) Lower (more...)

December 20, 2016 9:30 AM EST

Today's Pre-Open Stock Movers:

Conatus Pharmaceuticals Inc. (NASDAQ: CNAT) 155.1% HIGHER; entered into an exclusive option, collaboration and license agreement for the global development and commercialization of its first-in-class, orally active pan-caspase inhibitor emricasan with Novartis. Under the terms of the agreement with Novartis (NYSE: NVS), Conatus will receive $50 million upfront, and is eligible to receive $7 million following the exercise of the license option. Conatus can borrow up to $15 million in the form of convertible promissory notes under an investment agreement with... More

BlackBerry (NASDAQ: BBRY) December weekly 7.5 straddle priced for movement of 7.6% into shares up 1% in premarket on earnings

December 20, 2016 9:27 AM EST

BlackBerry (NASDAQ: BBRY) December weekly 7.5 straddle priced for movement of 7.6% into shares up 1% in premarket on earnings.

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BlackBerry boosts outlook on software growth; concerns remain

December 20, 2016 7:13 AM EST

By Alastair Sharp

WATERLOO, Ontario (Reuters) - BlackBerry Ltd (NYSE: BB) (NASDAQ: BBRY), helped by its higher-margin software business, reported better-than-expected adjusted earnings and raised its full-year growth forecast on Tuesday, though concerns about overall revenue growth reversed early share gains.

BlackBerry Chief Executive John Chen said at a midday event with reporters that he expected it would take another four or five quarters to halt the steady decline in the company's overall revenue.

BlackBerry shares, which gained as much as 4.4 percent on the earnings report, retreated... More

BlackBerry (BBRY) Tops Q3 EPS by 3c; Raises Outlook

December 20, 2016 7:05 AM EST

BlackBerry (NASDAQ: BBRY) reported Q3 EPS of $0.02, $0.03 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $301 million versus the consensus estimate of $331.92 million.

BlackBerry raised its outlook on profitability for FY17. They now expect to achieve non-GAAP EPS profitability for the full year, up from a prior range of breakeven to a five cent loss.

"BlackBerry is now a... More

Stocks with Implied Volatility Movement

December 20, 2016 5:10 AM EST

BlackBerry (NASDAQ: BBRY) implied volatility index movement increasing vs 30D HV

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BlackBerry (BBRY) volatility increases into Q3 and outlook

December 19, 2016 11:11 AM EST

BlackBerry (NASDAQ: BBRY) December weekly call option implied volatility is at 82, January is at 38, February is at 37; compared to its 52-week range of 30 to 67 into Q3 on December 20.

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Stocks with Implied Volatility Movement

December 19, 2016 4:54 AM EST

BlackBerry (NASDAQ: BBRY) implied volatility index movement increasing vs 30D HV

... More