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Deutsche Bank Unconvinced Following BlackBerry Analyst Day
Friday, November 14, 2014 - 1:21pm | 195Read More...Brian Modoff of Deutsche Bank is skeptical of BlackBerry Ltd's (NASDAQ: BBRY) prospects of a full turn-around following the company's analyst day in San Francisco on Wednesday. "We came away slightly more encouraged on the overall plan for the company," Modoff wrote in a note to clients on...
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Wal-Mart's Earnings Help Boost Dow To New Highs
Thursday, November 13, 2014 - 5:39pm | 1092Read More...U.S. stocks were mildly higher on Thursday as major indices were little changed at the closing bell. The S&P 500 and Dow both traded at new highs following Wal-Mart Stores, Inc.'s (NYSE: WMT) premarket earnings. Data from the Labor Department showed initial claims for state...
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Weekly Highlights: iPhone 6 Plus Demand Soars, BlackBerry-Lenovo Rumor And More
Saturday, October 25, 2014 - 10:23am | 187Read More...Will BlackBerry Ltd (NASDAQ: BBRY) and Lenovo (OTC: LNVGY) merge? A new rumor indicated that those two firms could be close to a deal and analysts were eager to weigh in. Elsewhere, Apple Inc. (NASDAQ: AAPL) seems to be fighting for additional iPhone 6 Plus units to keep up with demand. The...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950Read More...U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Rumored BlackBerry-Lenovo Union Could Be A 'Great' M&A Deal
Monday, October 20, 2014 - 2:57pm | 535Read More...Lenovo (OTC: LNVGY) is expected to make an offer to buy BlackBerry Ltd (NASDAQ: BBRY) for $15 per share. The deal could ultimately reach $18 share -- a notable premium over Friday's close of $9.49. The unconfirmed rumor has had a positive effect on BlackBerry's stock, raising the price...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340Read More...U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
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Weekly Highlights: Apple Inc.'s Bendable iPhone, BlackBerry Ltd's New Direction And More
Saturday, September 27, 2014 - 10:48am | 177Read More...Apple Inc. (NASDAQ: AAPL) continued to drive headlines this week even without new product announcements or iDevice rumors. First Apple got the media's attention when reports claimed that the company was on the verge of closing Beats Music. Then the company made headlines once more when it was...
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What Wall Street Thinks Of BlackBerry Ltd
Friday, September 26, 2014 - 10:03am | 590Read More...BlackBerry Ltd (NASDAQ: BBRY) made headlines earlier this week when it unveiled a new smartphone, and its earnings report this Friday could have a material impact on the company's stock price. Opinions on BlackBerry's investment prospects vary, and for good reason: It's up about 31...
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BlackBerry Ltd's New Strategy Has Nothing To Do With Beating Apple Inc.
Thursday, September 25, 2014 - 2:34pm | 844Read More...BlackBerry Ltd (NASDAQ: BBRY) released a new phablet-sized phone this week, but analysts don't think its strategy has anything to do with the competition. "Apple's going more and more mainstream, gaining more and more market share," IHS Technology Senior Analyst Daniel Gleeson...
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BlackBerry Ltd's New Smartphone: Some People Overjoyed, Others Not So Much
Thursday, September 25, 2014 - 11:20am | 743Read More..."BlackBerry launches unconventional Passport smartphone," one headline from The Guardian read. "A powerful, cumbersome love letter to physical keyboard fans," CNET wrote. It's obvious BlackBerry Ltd's (NASDAQ: BBRY) new Passport smartphone, unveiled Wednesday, has...
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Nike Inc, Bed Bath & Beyond Inc. - Earnings Expectations For The Week Of September 22
Sunday, September 21, 2014 - 2:47pm | 947Read More...The new earnings season is still a couple of weeks away, but a handful of notable quarterly reports are scheduled for this week. Analysts are looking for earnings growth in results from Carnival Corporation (NYSE: CCL), KB Home (NYSE: KBH), Micron Technology Inc. (NYSE: MU) and Nike Inc (...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092Read More...U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
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Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties
Tuesday, July 29, 2014 - 4:37pm | 2823Read More...U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...
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Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Monday, July 28, 2014 - 4:36pm | 2462Read More...U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...
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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792Read More...U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...















