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BlackBerry (BB) Stock Falls Following Private Offering Proposal
InvestorPlace· 2024-01-24 20:41
For many tech stocks, it’s been a solid start to the year. However, for certain beaten-down legacy companies like BlackBerry (NYSE:BB), intense selling pressure continues. Today’s decline of more than 17% in BB stock this afternoon is indicative of the momentum this security software company has seen in recent years.Yes, there was a massive pop during the meme mania, which took many popular stocks higher in short order. But overall, the longer-term trend has been down and to the right for this stock. Accord ...
BlackBerry Announces Proposed Private Offering of $160 Million of Convertible Senior Notes
Prnewswire· 2024-01-23 21:04
WATERLOO, ON, Jan. 23, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) ("BlackBerry") announced today that it intends to offer, subject to market and other conditions, $160 million aggregate principal amount of Convertible Senior Notes due 2029 (the "notes") in a private offering. The notes will be offered only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and pursuant to prosp ...
Why Is BlackBerry (BB) Down 5.3% Since Last Earnings Report?
Zacks Investment Research· 2024-01-19 17:31
A month has gone by since the last earnings report for BlackBerry (BB) . Shares have lost about 5.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is BlackBerry due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. BlackBerry Q3 Earnings Rise Y/YBlackBerry reported thi ...
BlackBerry Limited (BB) 26th Annual Needham Growth Conference (Transcript)
2024-01-17 16:49
BlackBerry Limited (NYSE:BB) 26th Annual Needham Growth Conference January 17, 2024 8:00 AM ET Company Participants John Giamatteo - CEO Nathan Jenniges - SVP& General Manager, Cybersecurity Conference Call Participants Mike Cikos - Needham & Company Mike Cikos Hey, guys. Thanks for joining us today. My name is Mike Cikos. I'm the lead analyst covering infrastructure software. With us today, as part of the Needham Growth Conference, I'm pleased to announce we have the management team from BlackBerry. So the ...
BlackBerry (BB) Unveils QNX Everywhere to Empower Developers
Zacks Investment Research· 2024-01-11 14:47
BlackBerry (BB) launched QNX Everywhere, which is aimed at meeting the growing demand for skilled embedded systems developers globally. QNX Everywhere provides accessible opportunities for students, academic institutions and researchers to gain knowledge in QNX technologies and bridge the skills gap in the global developer ecosystem.In response to the increasing software-defined trend in sectors like automotive, industrial, robotics, and medical fields, there is a high demand for software engineers proficie ...
BlackBerry to Participate in Upcoming Investor Event
Prnewswire· 2024-01-10 22:05
BlackBerry CEO to speak at the upcoming Needham Growth Conference WATERLOO, ON, Jan. 10, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced its participation at the following investor conference: 26th Annual Needham Growth Conference – Wednesday, January 17, 2024, at 8:00am ETJohn Giamatteo, BlackBerry Chief Executive Officer and Tim Foote, VP Investor Relations, will discuss key recent developments and opportunities at BlackBerry. Register here for the live video stream. A replay o ...
BlackBerry's (BB) IVY Platform Selected by MIH Consortium
Zacks Investment Research· 2024-01-10 17:01
BlackBerry's (BB) IVY platform is being used by the Mobility in Harmony (MIH) Consortium for the advanced development of its next-generation Project X and upcoming passenger and commercial vehicle reference platforms. MIH Consortium is a Foxconn initiative aimed at building an open EV ecosystem for fostering collaboration within the mobility industry. The two entities earlier collaborated in July 2023, whereby MIH Consortium deployed several BlackBerry software and services to build a secure software founda ...
BlackBerry Launches QNX Everywhere to Address Global Embedded Software Developer Skills Shortage
Prnewswire· 2024-01-10 16:00
New QNX Everywhere initiative offers easy access to QNX software for academia, advanced research organizations and hobbyists to boost skills development LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- CES -- BlackBerry Limited (NYSE: BB; TSX: BB) today launched QNX® Everywhere, a new initiative to address growing global demand for highly-skilled embedded systems' developers. As markets including automotive, industrial, robotics and medical pursue a software-defined future, software engineers familiar with the most ...
VicOne and BlackBerry Collaborate to Help Automotive OEMs and Fleet Operators More Quickly Distinguish Real Cyberattacks in Commercial and Personal Software-Defined Vehicles
Businesswire· 2024-01-10 15:39
The partnership between VicOne and BlackBerry strengthens the cybersecurity posture of the automotive ecosystem, especially for OEMs and fleet management providers. (Graphic: Business Wire)The partnership between VicOne and BlackBerry strengthens the cybersecurity posture of the automotive ecosystem, especially for OEMs and fleet management providers. (Graphic: Business Wire)DALLAS & TOKYO--(BUSINESS WIRE)--Today, VicOne, an automotive cybersecurity solutions leader, announced a partnership with BlackBerry ...
Mobility in Harmony (MIH) Consortium, a Foxconn initiative, Selects BlackBerry IVY to Power its Next-Generation Electric Production Vehicles
Prnewswire· 2024-01-09 19:00
BlackBerry IVY to serve as the middleware software platform powering the alliance's EV connected servicesWATERLOO, ON and TAIPEI, Jan. 9, 2024 /PRNewswire/ -- Mobility in Harmony (MIH) Consortium, a  Hon Hai Technology Group (Foxconn) initiative, today announced that it has selected BlackBerry Limited (NYSE: BB; TSX: BB) and the BlackBerry IVY® platform to power its next generation Project X, and future passenger and commercial vehicle reference platforms. This collaboration builds on the earlier partnershi ...