BB - BlackBerry Limited

NYSE - NYSE Delayed price. Currency in USD
5.47
+0.24 (+4.59%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous close5.23
Open5.34
Bid5.49 x 28000
Ask5.50 x 4000
Day's range5.31 - 5.55
52-week range2.70 - 9.09
Volume5,788,799
Avg. volume6,801,454
Market cap3.044B
Beta (5Y monthly)1.04
PE ratio (TTM)N/A
EPS (TTM)-0.32
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est5.53
  • A new Java-based ransomware targets Windows and Linux
    TechCrunch

    A new Java-based ransomware targets Windows and Linux

    Security researchers have discovered a new kind of ransomware that uses a little-known Java file format to make it more difficult to detect before it detonates its file-encrypting payload. Consulting giant KPMG's incident response unit was called in to run the recovery effort at an unnamed European educational institute hit by a ransomware attack. BlackBerry's security research unit, which partners with KPMG, analyzed the malware and published its findings Thursday.

  • Here's Why BlackBerry Stock Is Rising Today
    Motley Fool

    Here's Why BlackBerry Stock Is Rising Today

    Shares of BlackBerry (NYSE: BB), a technology company focused on security software and services, was up 10% as of 10:55 a.m. EDT on Tuesday. StreetInsider.com reported that Fairfax Financial Holdings (OTC: FRFHF), run by famed investor Prem Watsa, has held talks with BlackBerry's management about acquiring the company outright. The report also stated that BlackBerry has created a committee and hired a team of investment bankers to advise on a potential acquisition.

  • BlackBerry (BB) Catches Eye: Stock Jumps 6%
    Zacks

    BlackBerry (BB) Catches Eye: Stock Jumps 6%

    BlackBerry (BB) saw a big move last session, as its shares jumped 6% on the day, amid huge volumes.

  • BlackBerry Enhances Cybersecurity Solutions With Spark Suites
    Zacks

    BlackBerry Enhances Cybersecurity Solutions With Spark Suites

    BlackBerry (BB) launches Spark Suites to curb cyber threats and help enterprise customers manage endpoint needs with a Zero Trust security environment.

  • Is BlackBerry Stock a Buy?
    Motley Fool

    Is BlackBerry Stock a Buy?

    BlackBerry is growing its revenue again, but its margins are contracting as it faces macro headwinds and tougher competitors.

  • Alphabet’s Dream of a Smart City in Toronto Is Over
    Bloomberg

    Alphabet’s Dream of a Smart City in Toronto Is Over

    (Bloomberg) -- Alphabet Inc.’s ambitious dream to create a city of the future on Toronto’s waterfront is over. Millions of dollars and years of lobbying weren’t enough, and the tech giant’s urban planning unit, Sidewalk Labs, officially shuttered the project on Thursday.The stated reason was the coronavirus pandemic’s effect on real estate prices. Without the ability to profitably sell office space and homes in the development, the project wasn’t viable, Sidewalk Labs Chief Executive Officer Dan Doctoroff said in a blog post.But even before the virus swept over the world, Sidewalk’s Toronto ambitions had been scaled back significantly. Years of opposition from privacy activists and urbanists, as well as pushback from prominent members of Canada’s tech industry had relegated Alphabet to a 12-acre plot of land that would essentially only have room for a handful of residential and commercial buildings.Sidewalk Labs’ failure signals how much attitudes toward big technology companies and their influence over our lives has shifted in recent years. If a company like Alphabet, with its talent and resources, can’t pull off such a project, it’s not clear anyone can.“I would like to think this is the defeat of the privately owned city,” said Greg Lindsay of NewCities, an urban policy think tank, and a visiting scholar at NYU’s transportation policy school.Privacy and control over one’s digital data is a more mainstream concern than it was just two or three years ago. Ideas that initially seemed futuristic and exciting to many are now being questioned, with politicians around the world more likely to gain support for attacking companies like Google, Facebook Inc. and Amazon.com Inc. than they would by embracing them.Sidewalk Labs’ Toronto project was announced in 2017, after Canadian officials put out a request for private companies to help develop a large swath of the city’s formerly industrial waterfront that had sat mostly dormant for years. In one of the hottest real estate markets in the world, the project was potentially lucrative.The plan was ambitious, complete with heated sidewalks, underground garbage disposal and tall timber buildings. Sensors would monitor the area, feeding data to AI-enabled computers that would manage stormwater systems and direct traffic. One proposal included a light rail line that would connect the area to the rest of the city’s transit network. Sidewalk invested more than $50 million in the project, including opening a 30-person office on site. The company said it will keep an office in Toronto will stay open and re-assign staff to other projects.Prime Minister Justin Trudeau welcomed Alphabet with open arms, hosting a high-profile interview with then-chairman Eric Schmidt at a conference meant to showcase the country’s tech sector. Trudeau, two years into his tenure, had made tax credits for big U.S. tech firms bringing jobs to Canada a tenet of his economic policy.That didn’t sit right with some local business leaders, including the former co-CEO of BlackBerry, Jim Balsillie, and John Ruffolo, one of the country’s best-known venture capitalists. They argued homegrown startups would be squashed by U.S. giants under Trudeau’s policies. Sidewalk Labs became an easy target, and the two wrote columns and lobbied politicians to stop the project.At the same time, long-standing questions about data privacy and the role of private companies in city development became more relevant as Torontonians faced the prospect of an American corporation monitoring and collecting information about part of their city. Local activists, tech researchers and urbanists joined together to demand more transparency from Sidewalk Labs.“They really didn’t have answers when people wanted them,” said Alex Ryan, senior vice president at MaRS, an organization that promotes tech and startups in Toronto. “So in the place of answers were conspiracies and concerns on privacy, the business model, and the scale of the project.”Complicating matters, the organization overseeing the project was made up of representatives from the local, provincial and federal governments. Everyone wanted a say, and the project went through an endless series of proposals, meetings and consultations.Sidewalk Labs, staffed by former New York City administrators, was accused of being tone deaf to the Canadian political context. Local indigenous leaders said their concerns had been ignored. The Canadian Civil Liberties Association sued the company, accusing it of proposing tech that would infringe on Canadians’ privacy rights.Sidewalk’s retreat from Toronto coincides with broader changes at its parent company. Sundar Pichai took over the CEO role from founder Larry Page in December. With Covid-19 devastating the global economy, Alphabet has cut back on spending, slowing down hiring and focusing its resources on fewer projects.Doctoroff hinted that Sidewalk could turn its attention to coronavirus-related projects. “The current health emergency makes us feel even more strongly about the importance of re-imagining cities for the future,” he said. Doctoroff is a former CEO of Bloomberg LP, the parent company of Bloomberg News, and a deputy mayor of New York City under Michael Bloomberg.Alphabet’s final goals for the Toronto project never seemed clear throughout its life.“Their business model continually shifted, and they never presented a final plan,” Lindsay said. “It appears that they never settled on one.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • As Shopify Passes RBC, Canada Market Curse Gets Put to Test
    Bloomberg

    As Shopify Passes RBC, Canada Market Curse Gets Put to Test

    (Bloomberg) -- Shopify Inc. surged on Wednesday to become Canada’s most valuable company -- but can the e-commerce giant survive being No. 1?Ottawa-based Shopify edged past Royal Bank of Canada to become the largest publicly listed company in Canada. The achievement comes with a dubious distinction, however: those that leapfrogged the value of Canada’s largest bank in the past have faltered.Royal Bank, incorporated in 1869, has been Canada’s most valuable company for years, but has been been eclipsed on a few occasions. Shopify closed with a market value of C$121.3 billion ($85.6 billion), surpassing Royal Bank’s C$120.5 billion.The last company to surpass Royal Bank’s market capitalization was drugmaker Valeant Pharmaceuticals International Inc. in July 2015. Months later, the value of the Quebec-based company plunged amid controversies over business practices, accounting and drug pricing. Valeant has since been renamed Bausch Health Companies Inc. and has new management and a different ticker symbol.Before that, BlackBerry Ltd. --- the inventor of the smartphone and then known as Research in Motion Ltd. -- crossed Royal Bank briefly in 2007. It held the top spot for about five months in 2008, before Apple Inc.’s iPhone and other handset makers rose up to steal its market away.Further back, Nortel Networks Corp. became the biggest Canadian company in 2000, swelling to a market value of C$366 billion and accounting for as much as 35% of Canada’s benchmark index, before crashing in the tech wreck. The telecommunications-equipment maker ultimately filed for bankruptcy in 2009 and was liquidated.The dramatic collapse of two Canadian tech giants in a country more known for being hewers of wood and drawers of water has hung over the country’s corporate psyche for years. So Shopify’s rise has been cheered on by many.“I think it’s obvious in hindsight the leadership of both those companies got disconnected from their underlying markets,” said Eric Jackson, founder of a Toronto-based tech-focused hedge fund EMJ Capital Ltd., referring to BlackBerry and Nortel.Jackson believes Shopify “should be held up as a poster child for what Canada should be trying to encourage in it’s tech sector because it’s been remarkable what they’ve done,” he said. Jackson had owned the company’s stock but doesn’t currently have a position. Its U.S.-listed shares have risen by 43 times since the initial public offering at $17 in 2015.Too Fast?This year’s rally, which has seen the stock double, has drawn its doubters.“On just about any valuation metric, this is one of the most expensive stocks in Techland,” Mark Mahaney, an analyst at RBC Capital Markets in San Francisco told clients in a note Wednesday. Shopify also holds the highest sales multiple, though has the largest sales growth outlook, RBC added. The bank rates Shopify with the equivalent of a buy.The rally has made founder and chief executive officer Tobi Lutke, Canada’s fourth-richest person, according to the Bloomberg Billionaires Index. The 39-year-old has added $2.8 billion to his wealth this year, and is now worth $6.3 billion. The billionaire has about 7% of Shopify, according to its 2019 proxy circular.Lutke, a German immigrant with vivid blue eyes and a penchant for tweed caps, began building software to launch an online snowboard store in 2004. It became obvious that the software was more valuable than the snowboards, according to his website profile, and he went on to launch the Shopify platform in 2006. RBC was incorporated in 1869.Shopify sells tools to help companies set up an online, a business model seen flourishing during the coronavirus pandemic that has shuttered bricks and mortar stores. In April, the company’s chief technology officer tweeted Shopify was handling “Black Friday-level traffic every day” to bring thousands of businesses online.Amazon ComparisonAt Bloomberg’s Sooner Than You Think conference in New York last year, Lutke said Shopify isn’t competing with Amazon.com Inc. but helping other people do so.“They’ve obviously become the anti-Amazon, they’re all about empowering everybody else except Amazon on the online e-commerce world to be successful and they’ve expanded and expanded their suite of services,” Jackson said.He believes Shopify has the opportunity to keep rising and have a market value of several hundred billion dollars in the years ahead.“They are still just getting going. People who complain they are ‘too expensive’ don’t understand how much revenue and profits they’ll drive in the years ahead,” Jackson said.(Updates with new information on value of Lutke’s stake, gain since IPO.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Does BlackBerry (TSE:BB) Have A Healthy Balance Sheet?
    Simply Wall St.

    Does BlackBerry (TSE:BB) Have A Healthy Balance Sheet?

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • Shopify Too Hot to Handle for Some Analysts After Latest Surge
    Bloomberg

    Shopify Too Hot to Handle for Some Analysts After Latest Surge

    (Bloomberg) -- Shopify Inc.’s C$38 billion ($27 billion) stock-market gain since the beginning of the year has some analysts calling a time out.The e-commerce services provider has surged 61% to a market value of C$97 billion. That briefly catapulted it ahead of Toronto-Dominion Bank on Monday to become the second-most valuable company on Canada’s benchmark S&P/TSX Composite index, though it fell back to No. 3 on Tuesday as global markets slumped.“It’s tough to make money at the valuation Shopify is trading at,” said Jefferies analyst Samad Samana, one of the most bearish analysts on the stock. Risk-reward is not attractive and it’s hard to recommend a buy, he said. He has a hold call on the stock and a price target at $400, below estimate consensus and well off $585, its current price in New York.Brian Peterson, an analyst at Raymond James, noted the stock is trading at about 39 times his 2020 estimates.Its near-record valuation is “somewhat surprising” given the uncertain consumer spending environment, especially for discretionary products, which Raymond James believes is the key driver behind the company’s withdrawal of its 2020 revenue guidance earlier this month.Peterson sees Shopify’s monster boom as good news for the future adoption of the platform though, as merchants are forced to migrate online, but its expansion may not “necessarily equate to sales volume.”Read More: Shopify Valuation Already Reflects Pandemic Boost, Wedbush SaysA likely recession, “if we’re not in one already,” will inevitably see a downturn in sales as “no one is immune” to the pandemic, Samana said. The biggest concern is the spike of unemployment in the U.S., which has been the biggest revenue gainer for Shopify.Consumer discretionary products, sold by many of Shopify’s merchants, are among the hardest hit. While sales decline, Shopify may still be able to get a piece of a smaller pie, Wedbush analyst Ygal Arounian wrote in a note Monday. However, some merchants are also expected not to renew their subscriptions amid a tougher environment, Arounian noted.The excitement surrounding Shopify has not worn out, however, as the stock has 15 buys, 14 holds and three sells, according ratings compiled by Bloomberg.Shares on loan to short sellers are still relatively low at 3.8% of Shopify’s float, according to data from financial analytics firm S3 Partners.As Shopify inches closer to the top of Canada’s stocks leader board, investors are also reminded of the so-called curse that has seen former Canadian technology behemoths like BlackBerry Ltd. and Nortel Networks Corp. plunge after reaching seemingly indestructible levels.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Trade Alert: Sai Ho At BlackBerry Limited (TSE:BB), Has Just Spent US$53k Buying 5.5% More Shares
    Simply Wall St.

    Trade Alert: Sai Ho At BlackBerry Limited (TSE:BB), Has Just Spent US$53k Buying 5.5% More Shares

    Whilst it may not be a huge deal, we thought it was good to see that Sai Ho, who is a company insider, recently bought...

  • BlackBerry Limited (TSE:BB) Analysts Are Reducing Their Forecasts For This Year
    Simply Wall St.

    BlackBerry Limited (TSE:BB) Analysts Are Reducing Their Forecasts For This Year

    The analysts covering BlackBerry Limited (TSE:BB) delivered a dose of negativity to shareholders today, by making a...

  • Iconic Club Graced by Rolling Stones Is Rewired for the 21st Century
    Bloomberg

    Iconic Club Graced by Rolling Stones Is Rewired for the 21st Century

    (Bloomberg) -- With his peacock’s flair and knack for attracting controversy, Michael Wekerle sticks out in Toronto’s unpretentious financial circles. But the former star Bay Street trader looks comfortably in his element as he shows off his latest project: the newly renovated El Mocambo.Breezing around the iconic bar during a pre-opening media event, Wekerle exudes an aging rock-star vibe, dressed in a windowpane-checked navy suit, vintage rectangular Ray-Bans, and a side-feathered hat reminiscent of Dylan circa 1975. Then there are the tattoos. He lifts up his shirt to reveal a giant wolf on his stomach, inked when he was a thinner man. “It now looks like a f---in’ muskrat, eh?” he says with an infectious laugh.“Wek,” as he’s known, has been a technology investor, business reality show judge, and real estate mogul. Now he’s invested C$30 million ($21.8 million)—“give or take a million”—to resurrect the legendary Toronto venue that shot to fame in 1977, when the Rolling Stones played a surprise two-night gig there, but has been shuttered since 2014.“What I tried to do is take it back to its original form,” he says. “Make it cooler, make it better, make it more efficient, give it longevity.”The latter involves an audacious attempt to retool the modern live-music venue experience. Aside from incorporating the essentials needed to draw music lovers physically into the “El Mo”—like smokin’ hot sound, excellent sightlines, and classy, photo-ready decor—Wekerle has been thinking outside the box, literally. The revamped venue has been set up to allow shows to be livestreamed in near-real time, while viewers can gain access to interact with performers on stage and off. To allow that to happen, the El Mo was gutted to the outside walls, says Jamie Howieson, the venue’s executive designer and production manager. Four kilometers (2.5 miles) of cables for sound, lighting, video, and the internet have been hidden behind the tropical and rock ‘n’ roll motifs. The building incorporates state-of-the-art recording and broadcast facilities that will allow anything that happens in the El Mo, including backstage or in dressing rooms, to be livestreamed or packaged on the premises. “It’s not a club,” Howieson says. “It’s a content factory for the world.”Powering the interactivity is second-party platform CYA Live (pronounced “See ya live”), which lets people tune in to an event, for free or for a fee, and video chat with performers  or other fans. Wekerle first heard of the company in 2015 when he was a judge on Dragons’ Den, the Canadian equivalent of Shark Tank. The pitch from Sami Siddique, the founder and chief executive officer, so impressed Wekerle that he became a primary investor.“One way to look at it is that broadcast so far has been one way,” Siddique says. “What we have done is made that two-way—and multiway—in the sense that you can choose anyone from the audience and let them be part of the experience.” He says CYA Live also is lightning fast, with a “latency,” or lag time, of 250 milliseconds, compared with full seconds for many other services. It can also push content to Facebook, YouTube Live, and other platforms.The livestreaming industry is on a relentless climb. The number of hours watched surged 12%, to 1.19 billion, in December from a year earlier, according to a report published by streaming-tools provider StreamElements and data platform Arsenal.gg. The coronavirus outbreak, which has confined a growing number of people to their homes this year, should boost the rise. (During the initial outbreak, one Beijing club livestreamed a five-hour DJ set and received 2 million yuan ($285,000) in tips from viewers.)Alexis Macklin, research manager at technology intelligence firm Greenlight Insights, points to CYA Live parent Cya Inc. as part of a growing cadre of tech companies looking to disrupt the $150 billion global live-event market.“Incorporating audience interaction in shows is a novel innovation,” Macklin said via email of the El Mocambo endeavor. “[It’s] one of the very few venues that are investing in not only broadcasting live entertainment but adding interaction with those viewers.”The El Mocambo Tavern got its start as a restaurant and dance hall in 1948 and went through various incarnations, including a music venue catering to the city’s Hungarian community, according to the former Torontoist news site. By the ’70s, new owners veered into rock and R&B, eventually attracting the Stones, who were looking to prove they could still “cut it at the club level,” according the 1997 book Rock and Roll Toronto: From Alanis to Zeppelin.The band’s surprise appearance in March 1977 (listed as “The Cockroaches”) cemented El Mo’s reputation among marquee clubs such as New York’s CBGB and the Roxy in Los Angeles. The shows’ recordings were culled to form the basis of the beloved third side of the double-album Love You Live, while the night itself made for eyebrow-raising tabloid fodder: Margaret Trudeau, wife of the then prime minster of Canada, attended the concerts and hung out with the band at its hotel; she had secretly separated from her husband the morning of the first show.After that, it became a sought-after stop in North America. Blondie, the Ramones, and U2 all played the El Mo. A high-energy recording of an Elvis Costello concert in 1978—when he cheekily announced to the Canadian audience “We come here from England to ask for the country back”—was heavily bootlegged and eventually released commercially in 1993 as Live at the El Mocambo, one of several albums by various artists to be so named. Wekerle himself remembers going to the club several times as a young man, including once when he was caught after sneaking into a Stevie Ray Vaughan concert because he couldn’t easily afford the C$20 ticket.Slated to reopen as early as April 1, success here would put a new feather into the cap of Wekerle, 56, who gained his street cred as a trader at GMP Capital Inc. from 1995 to 2011. He helped build the non-bank brokerage into Canada’s second-biggest by generating millions trading oil and mining stocks. He was involved in taking Research In Motion (later renamed BlackBerry Ltd.) public in the late ’90s—and personally invested in the company’s buildings in Waterloo, Ontario, years later after the smartphone pioneer fell on hard times.Not everything Wekerle touched has been a smashing success. A foray into backing technology startups at Difference Capital Financial Inc. had mixed successes before it merged with a fintech firm it once backed. Following the death of Wekerle’s wife in March 2010, an incident in an Arkansas hotel later that year led to a lawsuit that included allegations he had injured a valet and licked a woman’s foot; Wekerle says he probably drank too much. (The parties settled and the case was dismissed.) In 2014, his new Porsche 918 Spyder hybrid burst into flames while he was filling up at a gas station.Meanwhile, the El Mocambo had fallen on hard times as the economics of live entertainment changed: Record companies, which had financed tours in the club’s heyday, pulled back as their industry shrank, and clubs, hit by rising rents, found it difficult to generate enough profit from traditional streams of booze, food, and tickets sales.Sam Grosso, El Mo’s co-owner from 2012 to 2014, says the club had been neglected for years. Instead of paying for a “massive” renovation, he had decided to sell the business and donate the landmark “neon palms” sign to the city. One Halloween, Wekerle surprised him with a call.“He was really adamant” that he wanted the sign, Grosso recalls. “I said, ‘If you want to buy it, I’ll make you a deal. I’ll sell you the building and the business, and I’ll throw the sign in for free.’” For his part, Wekerle recalls making a quick decision to purchase after inspecting the club. “I see a Bud Light there, so I took a Bud Light,” he says, making the sound of a beer being opened. “I think about it, and I go, ‘Alright, I’ll buy it.’ That’s as simple as it was.”“It’s not a club. It’s a content factory for the world.”Wekerle says he originally thought the whole investment would cost him C$12.5 million. Unfortunately, “it got a little bit away from me,” he says more than six years later, sitting in the club’s immaculate new dressing room, a glass of white wine in his hand. “I didn’t want to skimp on it, you know, I didn’t want to do it 80%.”Among issues Wekerle’s team discovered during the renovations was damage from three separate fires over the club’s checkered history, meaning that all the wood had to be removed. To pull profit out of adversity, some of the lumber that wasn’t damaged was sent to Fender Musical Instruments in Arizona to be used to make specialized “sunburst green” Stratocasters and Telecasters, Wekerle says.The El Mocambo will initially have a capacity of 350 people in the downstairs room, plus 400 in the classier upstairs venue; a staircase emblazoned with names of some of the acts that have played there connects the two. Even though the stages will be able to run shows simultaneously, Wekerle admits that conventional sources such as tickets sales may generate only enough to pay salaries and a bit more. “The real essence here is about streaming [and] content,” he says.It may also be challenging to attract certain bands, given exclusivity and licensing agreements that restrict where groups can play and what might be streamed. When it’s suggested that the Stones could make a grand return in June, amid concerts scheduled in nearby Buffalo and Cleveland, Wekerle—upbeat, as usual—offers measured optimism.“I’ve had my hopes set so high on starting this club up, but I’ve now learned that you just got to take it as it is,” says Wekerle, who has an “It is what it is” tattoo on his left bicep. “Don’t set your hopes up too high because disappointment sucks.” \--With assistance from Gerrit De Vynck.To contact the author of this story: Steven Frank in Toronto at sfrank9@bloomberg.netTo contact the editor responsible for this story: Justin Ocean at jocean1@bloomberg.net, Jacqueline ThorpeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Read This Before Selling BlackBerry Limited (TSE:BB) Shares
    Simply Wall St.

    Read This Before Selling BlackBerry Limited (TSE:BB) Shares

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

  • Morningstar

    No-Moat BlackBerry Has Some Stickiness

    A fresh look yielded a lowered fair value estimate, but we still see a margin of safety.

  • BlackBerry (BB) Gains But Lags Market: What You Should Know
    Zacks

    BlackBerry (BB) Gains But Lags Market: What You Should Know

    BlackBerry (BB) closed at $6.05 in the latest trading session, marking a +0.5% move from the prior day.

  • Viasat (VSAT) Q3 Earnings & Revenues Beat Estimates, Up Y/Y
    Zacks

    Viasat (VSAT) Q3 Earnings & Revenues Beat Estimates, Up Y/Y

    Viasat (VSAT) fiscal third-quarter earnings gain from sustained momentum in Government Systems and Satellite Services segment, along with year-over-year rise in product and service revenues.

  • NETGEAR's (NTGR) Q4 Earnings Beat Estimates, Decline Y/Y
    Zacks

    NETGEAR's (NTGR) Q4 Earnings Beat Estimates, Decline Y/Y

    New product launches, robust subscriber base and lucrative cash flow benefit NETGEAR's (NTGR) Q4 earnings. However, trade tariffs, manufacturing shortfalls and lower shipments act as headwinds.

  • Badger Meter (BMI) Q4 Earnings Match Estimates, Revenues Up
    Zacks

    Badger Meter (BMI) Q4 Earnings Match Estimates, Revenues Up

    Badger Meter's (BMI) Q4 results reflect year-over-year rise in revenues on the back of robust sales of global municipal water with a favorable mix of high-end metering solutions.

  • Daily Crunch: Hulu CEO steps down
    TechCrunch

    Daily Crunch: Hulu CEO steps down

    The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. Hulu CEO Randy Freer is stepping down from his role as part of a major restructuring of Disney’s streaming business. The move signals Disney’s plans to streamline its direct-to-consumer operations, which also include Disney+ and ESPN+.

  • BlackBerry and TCL will end their handset partnership in August 2020
    TechCrunch

    BlackBerry and TCL will end their handset partnership in August 2020

    Big changes are ahead for BlackBerry and TCL as the smartphone market continues to see slowing growth. The pair announced today that they would end their four-year brand licensing and tech support partnership in August 2020, with TCL ceasing to make new models of BlackBerry handsets after then. "We... regret to share... that as of August 31, 2020, TCL Communication will no longer be selling BlackBerry-branded mobile devices," says the note, posted on BlackBerry's Twitter account.

  • Before You Buy BlackBerry Limited (TSE:BB), Consider Its Volatility
    Simply Wall St.

    Before You Buy BlackBerry Limited (TSE:BB), Consider Its Volatility

    If you own shares in BlackBerry Limited (TSE:BB) then it's worth thinking about how it contributes to the volatility...

  • America Movil Unit Faces Fine for Network Discrepancy Case
    Zacks

    America Movil Unit Faces Fine for Network Discrepancy Case

    In order to promote healthy competition in the telco market, the Mexican telecom regulator penalizes America Movil (AMX) for anti-competitive practices.