Company Overview and News
Good morning and welcome to the BlackBerry Fiscal First Quarter and Fiscal Year 2019 Results Conference Call. My name is Leanne and I will be your conference moderator for today’s call. During the presentation, all participants will be in a listen-only mode. We will be facilitating a brief question-and-answer session towards the end of the conference. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.
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On Friday morning, we received fiscal first quarter results from BlackBerry (BB). While the headline numbers showed top and bottom line beats, the company did not make as much progress in its transition to software and services as expected. With the company continuing to sit on a large cash pile, management needs to do more to show this stock has future upside. That's why shares that were up nicely in the pre-market have turned lower quickly.
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BlackBerry Limited (BB - Free Report) recently announced that it has collaborated with electric vehicle manufacturer BYTON to augment the in-car experience of the latter. The company intends to showcase its indigenous BlackBerry QNX technology to improve car ambience while travelling. BlackBerry QNX offers a broad portfolio of software solutions for the automotive industry. These include infotainment, connectivity, in-car network security, type-1 hypervisor supporting multiple ECU (engine control unit) integration into domain controllers, ADAS (advanced driver-assistance systems) and acoustics.
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WATERLOO, Ontario, June 22, 2018 (GLOBE NEWSWIRE) -- In a press release published today by BlackBerry Limited (NYSE:BB) (TSX:BB), please note that the date in the second column header of the Consolidated Balance Sheets table should be February 28, 2018 instead of May 31, 2018. The corrected table follows.
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WATERLOO, Ontario, June 22, 2018 (GLOBE NEWSWIRE) -- BlackBerry Limited (NYSE:BB) (TSX:BB) today announced it has entered into a partnership with Bullitt Group, a British smartphone and consumer electronics maker, to develop new highly-secure connected devices that are certified as “BlackBerry Secure.” Bullitt intends to embed BlackBerry cybersecurity technology into a range of rugged Cat (Caterpillar Inc.
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WATERLOO, Ontario, June 22, 2018 (GLOBE NEWSWIRE) -- BlackBerry Limited (NYSE:BB) (TSX:BB), an enterprise software and services company focused on securing and managing IoT endpoints, today reported financial results for the three months ended May 31, 2018 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
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WATERLOO, Ontario and SANTA CLARA, Calif., June 21, 2018 (GLOBE NEWSWIRE) -- June 21, 2018 – BlackBerry Limited (NYSE:BB) (TSX:BB) and intelligent electric vehicle maker BYTON announced today that the innovative in-car experience within BYTON’s first series of production vehicles will feature BlackBerry QNX technology.
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WATERLOO, Ontario, June 20, 2018 (GLOBE NEWSWIRE) -- BlackBerry Limited (NYSE:BB) (TSX:BB) announced today that the eight nominees listed in the Company’s management information circular dated May 4, 2018 for the Company’s annual and special meeting of shareholders held on June 20, 2018, were elected as directors to serve until the next annual meeting of shareholders of the Company or until their successors are elected or appointed.
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This Friday, we'll get fiscal first quarter 2019 results from BlackBerry (BB). As the company's turnaround continues to progress, we're getting to the point where software and services revenues will make up almost all of the company's business. Today, I'll preview the upcoming report, discussing the key items I'll be watching this week.
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
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BlackBerry Limited (BB - Free Report) recently announced that it has partnered with DMC Insurance, Inc. to help trucking companies improve operations, increase safety and better manage total operating costs to mitigate risks. DMC Insurance is part of Fairfax Financial Holdings Limited and is a leading provider of commercial transportation insurance solutions. The company has more than 30 years of experience in providing insurance for the transportation industry.
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2018-06-22 - Asif
Overview Cascadian Therapeutics is a clinical-stage biopharmaceutical company focused on the development of therapeutic products for the treatment of cancer. The company's goal is to develop and commercialize novel targeted compounds that have the potential to improve the lives and outcomes of cancer patients. The company's lead clinical-stage product candidate is tucatinib, an oral, HER2-selective small molecule tyrosine kinase inhibitor. The company's pipeline also includes two preclinical-stage product candidates: CASC-578, a Chk1 kinase inhibitor, and CASC-674, an antibody program against an immuno-oncology target known as TIGIT. 2018 Merger Agreement On January 30, 2018, the company entered into an Agreement and Plan of Merger (the Merger Agreement) with Seattle Genetics, Inc., a Delaware corporation (Seattle Genetics), and Valley Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Seattle Genetics (Merger Sub). Pursuant to the Merger ...
2018-06-22 - Asif
Business Overview The Corporation is a Delaware corporation, a bank holding company (BHC) and a financial holding company. When used in this report, “the Corporation” may refer to Bank of America Corporation individually, Bank of America Corporation and its subsidiaries, or certain of Bank of America Corporation’s subsidiaries or affiliates. The company's principal executive offices are located in Charlotte, North Carolina. Through its banking and various nonbank subsidiaries throughout the U.S. and in international markets, the company provide a diversified range of banking and nonbank financial services and products through four business segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets, with the remaining operations recorded in All Other. The company operate its banking activities primarily under the Bank of America, National Association (Bank of America, N.A. or BANA) charter. At March 31, 2018, the Corporation had a...
2018-06-18 - Asif
Business Arrowhead develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Deemed to be one of the most important recent discoveries in life science with the potential to transform medicine, the discoverers of RNAi were awarded a Nobel Prize in 2006 for their work. Arrowhead’s RNAi-based therapeutics leverage this natural pathway of gene silencing. In fiscal 2017, Arrowhead refocused its resources on therapeutics that exclusively utilize the company’s Targeted RNAi Molecule (TRiMTM) platform technology. Therapeutics built on the TRiMTM platform have demonstrated high levels of pha...
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