BlackBerry, Dedrone partner on counter-drone technology » 08:0506/0306/03/20
BlackBerry announced it…
BlackBerry announced it has partnered with Dedrone to deliver advanced counter-drone technology to secure the world's most critical sites. As part of this embedded technology partnership, Dedrone, is integrating BlackBerry AtHoc software into its products to enable real-time secure alerts when a malicious or unauthorized drone is detected in an airspace.
Fairfax denies rumor, says not making bid for BlackBerry, BNN reports » 11:3006/0206/02/20
Fairfax Financial Holdings general counsel Derek Bulas, in an email to BNN Bloomberg, dismissed a report that it was considering a deal to acquire BlackBerry. "Fairfax is not currently making a bid, or engaged in making a bid, for BlackBerry," said Bulas, according to BNN. Street Insider published an online report on Monday that claimed Fairfax had held talks about purchasing the shares of BlackBerry that it does not already own. Reference Link
Unusually active option classes on open June 2nd » 09:4006/0206/02/20
BZUN, DKS, CLDR, NIO, RIOT, BB, NOK, COTY, WYNN, ZS
Unusual total active…
Unusual total active option classes on open include: Baozun (BZUN), Dicks (DKS), Cloudera (CLDR), NIO (NIO), Riot Blockchain (RIOT), BlackBerry (BB), Nokia (NOK), Coty (COTY), Wynn Resorts (WYNN), and Zscaler (ZS).
BlackBerry appoints Thomas Eacobacci as president » 06:0606/0206/02/20
BlackBerry (BB) announced…
BlackBerry (BB) announced the appointment of Thomas Eacobacci as president. Eacobacci will be responsible for driving BlackBerry's sales, field marketing, engineering and customer support for BlackBerry Spark and BlackBerry IoT Solutions. BlackBerry Advanced Technology Labs, licensing, and corporate functions will continue to report to John Chen, executive chairman and CEO. Eacobacci brings to BlackBerry 20 years of customer-facing and go-to-market experience from his career with Citrix (CTXS), where most recently he served as senior VP and GM for the Americas. Throughout his tenure with Citrix, Eacobacci has held global leadership roles across sales, services, customer success and sales operations. Eacobacci will join BlackBerry on June 15.
BlackBerry up after blog claims Fairfax considering purchase of rest of shares » 13:2206/0106/01/20
Fairfax Financial has…
Fairfax Financial has held talks about potentially acquiring the remaining shares of BlackBerry the firm does not already control, according to a report from Street Insider that cites a source. The software company has formed a special committee and hired bankers to assist, the report claims. In afternoon trading in New York, shares of BlackBerry are up 28c, or 6%, to $4.92.
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Unusually active option classes on open April 21st » 09:4004/2104/21/20
MTG, BP, STNG, BYND, OPK, BB, TNA, KO, INO, SQQQ
Unusual total active…
Unusual total active option classes on open include: MGIC Investment (MTG), BP (BP), Scorpio Tankers (STNG), Beyond Meat (BYND), Opko Health (OPK), BlackBerry (BB), Direxion Daily Smal Cap Bull 3X Shares (TNA), Coca Cola (KO), Inovio (INO), and ProShares UltraPro Short QQQ (SQQQ).
Largest borrow rate increases among liquid names » 08:4504/2004/20/20
SKT, I, GSX, BHC, WLL, RSX, FSLY, BB, IQ
Latest data shows the…
Latest data shows the largest indicative borrow rate increases among liquid option names include: Tanger Factory (SKT) 12.53% +0.74, Intelsat (I) 14.07% +0.26, GSX Techedu (GSX) 2.36% +0.20, Bausch Health (BHC) 0.42% +0.15, Whiting Petroleum (WLL) 39.70% +0.15, Market Vectors Russia (RSX) 3.70% +0.12, Fastly Inc (FSLY) 0.45% +0.08, US Global Jets ETF (JETS) 14.78% +0.05, BlackBerry (BB) 0.30% +0.05, and iQiyi (IQ) 0.64% +0.04.
BlackBerry releases new research on threat groups operating in interest of China » 08:0204/0704/07/20
BlackBerry released new…
BlackBerry released new research that examines how five related Advanced Persistent Threat, or APT, groups operating in the interest of the Chinese government have systematically targeted Linux servers, Windows systems and mobile devices running Android while remaining undetected for nearly a decade. The report, titled Decade of the RATs: Cross-Platform APT Espionage Attacks Targeting Linux, Windows and Android, provides further insight into pervasive economic espionage operations targeting intellectual property, a subject that the Department of Justice recently said is the focus of more than 1000 open investigations in all of the 56 FBI field offices. The cross-platform aspect of the attacks is also of particular concern in light of security challenges posed by the sudden increase in remote workers.
BlackBerry falls -17.6% » 09:4704/0104/01/20
BlackBerry is down…
BlackBerry is down -17.6%, or -73c to $3.40.
BlackBerry price target lowered to $4.50 from $7.00 at MKM Partners » 09:0904/0104/01/20
MKM Partners analyst…
MKM Partners analyst Michael Genovese lowered the firm's price target on BlackBerry to $4.50 from $7.00 and keeps a Neutral rating on the shares. The analyst notes that COVID-19 outbreak is helping the company's Enterprise and Asset Tracking businesses as demand for its Security and Mobility for Enterprise and Government is in higher demand in a work-from-home world. However, Genovese adds that the outbreak is hurting demand for BlackBery's auto infotainment software, as he lowers his Q1 revenue target by $29M to $247M due to significantly lower auto production.