United States

BlackBerry Ltd (BB.TO)

BB.TO on Toronto Stock Exchange

24 Oct 2016
Change (% chg)

-- (--)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Blackberry and Zimperium partner to deliver customers with comprehensive mobile threat detection
Wednesday, 21 Sep 2016 09:00am EDT 

Blackberry Ltd :Blackberry Ltd and Zimperium Inc partnering to deliver customers with comprehensive mobile threat detection, risk analysis, prevention for ios,android devices.  Full Article

Blackberry says Fairfax, other investors to subscribe for some of its debentures
Friday, 26 Aug 2016 02:22pm EDT 

Blackberry Ltd : Blackberry announces redemption of existing convertible debentures and issuance of new convertible debentures . Announces amendment of indenture governing 6 percent unsecured convertible debentures to permit optional redemption prior to nov 13, 2016 . There will be issuance of notice of redemption to holders of 6 percent debentures for company to redeem outstanding amount of 6% debentures on Sept 2 . 6% debentures will be redeemed on redemption date at a redemption price of 106.7213% of outstanding principal amount of debentures . Approximately $1.245 billion aggregate principal amount of 6 percent debentures remains outstanding . Entered into agreement with Fairfax Financial Holdings Ltd, other institutional investors . Normal course issuer bid for 6% debentures announced by blackberry on August 4, 2016 will terminate upon completion of redemption . Fairfax, other investors to subscribe for 3.75% unsecured convertible debentures of company on private placement basis for subscription price of $605 million .Under agreement with Fairfax, Blackberry's 3.75% debentures will be convertible into common shares of Blackberry at price of $10/share.  Full Article

U.S. appeals court rules for BlackBerry in shareholder case, gives plaintiffs new chance to resume case
Wednesday, 24 Aug 2016 09:26am EDT 

: U.S. appeals court upholds dismissal of shareholder lawsuit against BlackBerry over BlackBerry 10 disclosures -- ruling . 2nd U.S. circuit court of appeals also gives plaintiffs new opportunity to try to amend their complaint . Appeals court calls it unclear whether lower court judge, in dismissing the complaint, properly rejected request to amend it . Appeals court returns case to lower court for further proceedings.  Full Article

Blackberry to purchase up to US$125 mln principal amount of its 6 pct unsecured convertible debentures
Thursday, 4 Aug 2016 09:10am EDT 

Blackberry LTD : To purchase up to US$125 mln principal amount of its 6 percent unsecured convertible debentures .Price that Blackberry will pay for any shares under share repurchase program will be prevailing market price at time of purchase.  Full Article

Blackberry - Announces strategic alliance with Pt Elang Mahkota Teknologi Tbk.
Monday, 27 Jun 2016 09:15am EDT 

Blackberry Ltd : Says announces strategic alliance with Pt Elang Mahkota Teknologi Tbk. . Licensing agreement with Emtek Group that enables co to develop new BBM applications and services for Android, IOS and Windows Phones .Says Emtek's digital content arm KMK Online will establish an office in Toronto area to work closely with Blackberry.  Full Article

Blackberry says Q1 non-GAAP net income $0.00 per share
Thursday, 23 Jun 2016 07:00am EDT 

Blackberry Ltd : Blackberry reports record software and services revenue for Q1 fiscal 2017 . Qtrly non-gaap total revenue of $424 million . Q1 non gaap gross margin 53% versus 50.3 percent last year . Total cash, cash equivalents, short-term and long-term investments was $2.5 billion as of May 31, 2016 . Cash and investments balance of $2.5 billion at end of first fiscal quarter . Non-GAAP revenue breakdown for Q1 was about 39% for software and services, 25% for service access fees , 36% for mobility solutions . Blackberry had approximately 3,300 enterprise customer wins in quarter . Expect to generate positive free cash flow for full year . On track to deliver 30 percent revenue growth in software and services for fy . Qtrly loss per share $1.28 . Expect a non-GAAP EPS loss of around 15 cents for FY . For full fiscal year expect a non-gaap EPS loss of around 15 cents . Non-GAAP net income was $0.00 per share for Q1 .Qtrly revenue $400 million versus $658 million.  Full Article

BlackBerry Ltd cuts 200 jobs in Ontario and Florida to trim costs - Reuters
Friday, 5 Feb 2016 07:05pm EST 

BlackBerry Ltd:BlackBerry Ltd is cutting 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, it said on Friday, as the smartphone maker moves to turn around its fortunes and put more emphasis on its enterprise software business. - RTRS.The company declined to comment on what percentage of its workforce is affected by the cuts. According to a filing, the company had 6,225 employees as of Feb. 28, 2015 - RTRS.The layoffs will affect 75 manufacturing jobs in Sunrise, Florida, a state government website showed. - RTRS.One source familiar with the matter, who declined to be identified due to the sensitivity of the issue, said many of the Canadian cuts were people working on its BB10 handset software at its Waterloo, Ontario, headquarters - RTRS.  Full Article

BlackBerry announces changes to common share purchase program
Friday, 29 Jan 2016 09:00am EST 

BlackBerry Ltd:Announced that it received approval from the Toronto Stock Exchange to amend its current normal course issuer bid (NCIB) in order.To increase the maximum number of common shares that may be repurchased from 12,000,000 common shares to 27,000,000 common shares, or 5.8% of the public float.No other terms of the NCIB have been amended.BlackBerry also announced that it has entered into an automatic purchase plan with its designated broker to allow for purchases of up to 2,685,524 common shares in connection with the NCIB.  Full Article

BlackBerry Ltd completes Good Technology acquisition
Monday, 2 Nov 2015 08:00am EST 

BlackBerry Ltd:Completes acquisition of Good Technology.Says will integrate Good's software solutions and services with its own software suites to offer the industry's most complete end-to-end solution that secures the entire mobile enterprise, across all platforms and applications while protecting personal privacy.  Full Article

BlackBerry Ltd gives Q3, Q4 2016 revenue guidance
Friday, 25 Sep 2015 07:00am EDT 

BlackBerry Ltd:Anticipates modest sequential growth in total revenue in each of the remaining quarters of FY 2016.Q3 2016 revenue of $612.3 million - Thomson Reuters I/B/E/S.Q4 2016 revenue of $617.5 million - Thomson Reuters I/B/E/S.  Full Article


BlackBerry avoids smartphone risk with outsource move: CEO

WATERLOO, Ontario BlackBerry Ltd's decision to outsource the development of its smartphones helps it avoid the risks of a competitive market and focus on its more lucrative businesses of software and managing rival devices, its chief executive said on Wednesday. | Video