Editor’s Note: Related tickers: Research In Motion Ltd (NASDAQ:BBRY), Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Goldman Sachs Group, Inc. (NYSE:GS)
Balsillie joins federal technology group (GlobalNews)
One of the former heads of BlackBerry-maker Research In Motion Ltd (NASDAQ:BBRY) has been appointed to lead a federal agency dedicated to the growth of clean technology companies in Canada. Jim Balsillie will become chair of Sustainable Development Technology Canada under a five-year agreement with the federal agency, Natural Resources Minister Joe Oliver announced on Tuesday. The move follows Balsillie’s exit from the Waterloo, Ont.-based smartphone maker in March 2012. In his new role, Balsillie will take over the responsibilities of outgoing chair Juergen Puetter, the president of Aeolis Wind Power, and support projects that develop new technologies that promote sustainable development.
Apple and BlackBerry continue to play cruel tricks on hedge funds (BGR)
One of the most popular trading ideas among tech funds is to short Research In Motion Ltd (NASDAQ:BBRY) — more than 30% of its stock was sold short recently. And another very popular idea has been going long Apple Inc. (NASDAQ:AAPL), of course. As we all know, those two trading strategies went tragically awry last winter, when Apple Inc. (NASDAQ:AAPL)’s share price plummeted from $700 to $400 and Research In Motion Ltd (NASDAQ:BBRY)’s stock spiked from $6 to $18. This helped demolish the performances of many of the best known tech funds on Wall Street in the fourth quarter last year and the first quarter in 2013. But that’s not the interesting part. The interesting part is that the weird winter trends seemed to have reversed in the spring and many funds flocked back to shorting Research In Motion Ltd (NASDAQ:BBRY) shares and going long Apple Inc. (NASDAQ:AAPL)…. only to see a counter-reversal taking place.
BlackBerry’s “Hold” Rating Reaffirmed at TD Securities (BBRY) (DailyPolitical)
TD Securities reaffirmed their hold rating on shares of Research In Motion Ltd (NASDAQ:BBRY) in a research note issued to investors on Monday, Analyst Ratings Network reports. The firm currently has a $17.00 price target on the stock. A number of other analysts have also recently weighed in on BBRY. Analysts at UBS AG cut their price target on shares of BlackBerry to $13.00 in a research note to investors on Monday. They now have a sell rating on the stock. Separately, analysts at Goldman Sachs Group, Inc. (NYSE:GS) reiterated a neutral rating on shares of Research In Motion Ltd (NASDAQ:BBRY) in a research note to investors on Monday. They now have a $17.00 price target on the stock.
BlackBerry Says It Can ‘Secure’ iOS and Android in the Enterprise (MobileMarketingWatch)
Research In Motion Ltd (NASDAQ:BBRY) is bragging about the availability of a new security solution that separates work and personal apps and data on iOS and Android devices. Meet “Secure Work Space for iOS and Android,” which is a new option with BlackBerry Enterprise Service 10 that offers customers with a BYOD policy a solution with “the best combination of security, user experience and total cost of ownership.” Based on sources quoted in the official launch announcement from Research In Motion Ltd (NASDAQ:BBRY), it looks like plenty of companies are eager to give the solution a go. All told, there’s a big market out there for Research In Motion Ltd (NASDAQ:BBRY) to conquer. According to Forrester Research, Inc., in 2016, 350 million employees will use smartphones and 200 million will bring their own devices to the workplace
Twitter for BlackBerry app updated to include image tweaks, tweet details (TheNextWeb)
Research In Motion Ltd (NASDAQ:BBRY) has updated its Twitter app today bringing new image tweaks and in-line tweet details to all versions of the mobile platform still commonly being used. The app is available to download now from BlackBerry World and will work on Research In Motion Ltd (NASDAQ:BBRY) smartphones running BlackBerry OS 5.0 all the way up to BlackBerry 10, the company said. The new version (Twitter 4.2) brings tweaks to images, such as including photo card support, new retweet and favorited tweet indicators and additional timeline details such as who has replied to your tweets, their location and if an article summary is available.
Why BlackBerry is launching BBM for Android and iOS (Thedroidguy)
Why is Research In Motion Ltd (NASDAQ:BBRY) seeding BBM to Apple Inc. (NASDAQ:AAPL) iOS and Google Inc (NASDAQ:GOOG) Android? It is part of their strategy to take down Windows Phone. BlackBerry was placed on death watch in the middle of 2012. Rapidly slowing sales was the reason. In the last quarter of 2012, Research In Motion Ltd (NASDAQ:BBRY) sold just over 7.3 million handsets, representing 3.5% of the smartphones sold in that quarter. This was a steep fall from better days when Research In Motion Ltd (NASDAQ:BBRY) would ship almost one in every five smartphones built (Source: Gartner). BlackBerry’s survival hinged on the release of the new Blackberry 10 operating system. With some very difficult decisions made by Research In Motion Ltd (NASDAQ:BBRY) CEO Torsten Heins, BlackBerry pulled through long enough to release BlackBerry 10 and three handsets, the Z10, Q10 and Q5, giving it a viable platform to continue.
