Even in Break-Up Scenario, BlackBerry (BBRY) is Just About Fully Valued
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BlackBerry (BBRY) Flying Solo in Effort to Explore Options
August 22, 2013 8:27 AM EDTIf BlackBerry (Nasdaq: BBRY) is looking for external help, it won't get any from the Canadian government.
During an interview late Wednesday, Canadian Industry Minister James Moore commented that Canada has no plans to intervene as BlackBerry evaluates strategic options. Moore... More
BlackBerry (BBRY) Surges Into Tuesday Close; Traders Await More M&A Rumors
August 20, 2013 4:53 PM EDTBlackBerry Limited (Nasdaq: BBRY) stock ran higher heading into the close of trading on Tuesday. Shares finished the day higher by over 2%, with most of the gain coming in the final minutes of trading. On August 12th, BlackBerry said it was exploring strategic... More
BlackBerry (BBRY) Numbers Cut Again at Jefferies; Potential LBO Keeps 'Buy' Intact
August 19, 2013 7:03 AM EDTJefferies analyst Peter Misek cut estimates and his price target on BlackBerry (NASDAQ: BBRY) Monday from $18 to $15 after build plans were cut again.
Build plans cut a month ago from 2M+/month to 1M have been cut by at least another 10%, according to the firm's checks.
Misek sees significant risk to consensus the next couple quarters and cut estimates further below the Street. That said, the 'Buy' rating is being maintained as the market will largely look through it due to the potential for an LBO/acquisition.
The... More
