Tag Archives: BlackBerry

BlackBerry Ltd planning share buyback to offset employee incentives

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BlackBerry Ltd. plans to buy back and cancel as many as 12 million shares, or 2.6 % of its public float, to offset a brand new employee share purchase plan. The employee stock plan, that will increase the amount of shares readily available for compensation, will be provided for approval at the company\’s annual general meeting on June 23, BlackBerry ...

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Why BlackBerry Ltd is a better turnaround stock than Bombardier Inc right now

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Despite being in different industries, BlackBerry Ltd. (TSX:BB)(NASDAQ:BBRY) and Bombardier Inc. (TSX:BBD.B) possess a lot in common. First of all, both have seen much better days. BlackBerry once dominated the smartphone market, only to be crushed by the iPhone and Android-based devices. Meanwhile, Bombardier was once a clear leader in the business jet market, but has since been put under ...

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BlackBerry Ltd investors growing weary as stock slips 4%

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No one ever said BlackBerry Ltd.\’s turnaround would be easy, but investors are starting to grow weary from waiting on better days after another earnings miss from the country\’s beleaguered tech darling . \”The jury continues to be out,\” Bob Sewell, leader at Bellwether Investment Management in Oakville, Ont., said. \”We don\’t currently own it, but it is such an ...

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BlackBerry Ltd sales sagging as Apple Inc’s iPhone keeps gaining momentum

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BlackBerry Ltd. appears to be having more difficulty selling its smartphones to end-customers, prompting a decrease in both hardware unit and revenue estimates for 2016 by Canaccord Genuity. Canaccord’s wireless surveys indicate soft smartphone sales for BlackBerry globally, despite somewhat steadier results for its Classic device. However, this positive has been offset by weakening Passport and legacy BB10 smartphone sales ...

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Why BlackBerry Ltd. should sell itself to Samsung for $19 per share

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BlackBerry Ltd. (TSX:BB)(Nasdaq:BBRY) is undeniably one of Canada\’s most polarizing stocks. Supporters of the company point to its renewed focus on software and it is stronger balance sheet. They note how far the company originates under new CEO John Chen, even while the stock prices are back where it started. Detractors possess a point too. They point to the declining ...

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BlackBerry Ltd shares jump most in six months on Morgan Stanley upgrade

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BlackBerry Ltd. rose up to 7.4 per cent after a Morgan Stanley analyst upgraded his rating around the stock on the strength of the smartphone maker\’s cash reserves and skill to further cut costs. James Faucette raised his rating towards the equivalent of a hold from the equivalent of a sell in a note to clients Tuesday. BlackBerry climbed 7.1 ...

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