Company Overview and News
I was summarily enlightened as expected by BlackBerry (BB) bulls after sharing the charts I used to form my investment thesis. Their counter was a single chart which they felt was the most important of them all. The Software & Services revenue trend over the past eight quarters.
Shares of communications equipment manufacturer, Motorola Solutions, Inc. (MSI - Free Report) scaled a new 52-week high of $110.93 in yesterday’s trading session, before closing a tad lower at $110.65. The stock reflected a healthy one-year return of 32.8%, significantly outperforming the industry’s gain of 12% over the same time frame. Growth Drivers Motorola remains focused on providing public safety and secure and reliable mission critical communications to commercial customers.
Bulls must have believed it would be the end of a roller coaster ride as BlackBerry(BB) mounted the last leg of its much-vaunted turnaround. Sadly, the reaction from the recent quarter suggests it will take a little longer before the new BlackBerry as a software company tagline replaces the old BlackBerry as a hardware company.
In a concerted move to offer superior viewing experiences, Ericsson (ERIC - Free Report) Media Solutions has announced the launch of its MediaFirst End-to-End Ultra High Definition (UHD) solution. The innovative platform has been scheduled for global debut at the NAB Show 2018, representing the industry's first software-based, multi-application media processing and encoding platform to deliver UHD content from camera to consumer, across the entire media delivery landscape.
Ericsson (ERIC - Free Report) has been selected for a three-year deal by Telefônica Brasil S.A. (VIV - Free Report) , to power the latter’s range of advanced TV services across its operating businesses in Latin America. The financial terms of the deal were undisclosed. The deal builds on the long-standing partnership between the companies, which has lasted for more than a decade. The solution will be implemented in 13 countries.
Global communications company, Viasat, Inc. (VSAT - Free Report) recently announced that it will offer a satellite enabled Wi-Fi hotspot service, named “Community Wi-Fi” to almost entire Mexico. This pioneering service is intended to bring an affordable Wi-Fi experience directly to consumer's devices with minimal local infrastructure investment. This reflects Viasat's ability to quickly bring cost-effective Internet service to emerging markets, where there is a wide gap between the demand, affordability and availability.
President Trump’s incoming national security adviser, John Bolton, is a big believer in launching “disproportionate” cyber attacks against countries that have hit America and American companies with cyber attacks, according to Politico.
Viasat, Inc. (VSAT - Free Report) recently annulled its deal with Eutelsat Communications relating to the use of the ViaSat-3 satellite as the latter has decided to pursue a local market alternative. The Viasat and Eutelsat joint venture, which is operational for more than a year, will continue to be governed under the existing agreements. The company remains committed about its ViaSat-3 program for Europe, Middle East and Africa (EMEA), which is well underway and on track.
Viasat, Inc. (VSAT - Free Report) has opened its new expanded office in Dublin. It is expected to house up to 250 Viasat team members, focused on developing next-generation software and technology for its target broadband markets. Viasat already has a significant presence in Dublin with about 100 team members, developing innovative software solutions for the commercial aviation industry. The new office symbolizes growth for the company as it expects to more than double the headcount in Dublin over the next few years and eventually go beyond connected aircraft software.
BlackBerry Limited (BB - Free Report) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at BB given that, according to its RSI reading of 28.55, it is now in oversold territory.
WATERLOO, Ontario, April 03, 2018 (GLOBE NEWSWIRE) -- BlackBerry Limited (NYSE:BB) (TSX:BB), an enterprise software and services company focused on securing and managing IoT endpoints, announced today that it has filed its 2018 annual report on Form 40-F with the U.S. Securities and Exchange Commission (“SEC”). BlackBerry’s Form 40-F includes the company’s 2018 annual information form (“AIF”) and the management discussion and analysis (“MD&A”) and audited financial statements of the company for the fiscal year ended February 28, 2018.
2018-04-18 - Asif
History and Development of the Company The company's legal and commercial name is RedHill Biopharma Ltd. The company's company was incorporated on August 3, 2009, and was registered as a private company limited by shares under the laws of the State of Israel. The company's principal executive offices are located at 21 Ha’arba’a Street, Tel Aviv, Israel. In February 2011, the company completed its initial public offering in Israel, pursuant to which the company issued 14,302,300 Ordinary Shares, and 7,151,150 tradable Series 1 Warrants to purchase 7,151,150 Ordinary Shares for aggregate gross proceeds of approximately $14 million. On December 27, 2012, the company completed the listing of its ADSs on the NASDAQ Capital Market. The company's Ordinary Shares are traded on the Tel-Aviv Stock Exchange under the symbol “RDHL,” and its ADSs are traded on the NASDAQ Capital Market under the same symbol "RDHL". The company's capital expenditures for the years ended December 31, 2...
2018-04-16 - Asif
Overview SCYNEXIS, Inc. is a biotechnology company committed to positively impacting the lives of patients suffering from difficult-to-treat and often life-threatening infections by delivering innovative anti-infective therapies. SCYNEXIS is developing its lead product candidate, SCY-078, as the first representative of a novel oral and intravenous (IV) triterpenoid antifungal family in clinical development for the treatment of several serious fungal infections, including invasive candidiasis, invasive aspergillosis, refractory invasive fungal infections and vulvovaginal candidiasis (VVC). SCY-078 is a structurally distinct glucan synthase inhibitor that has been shown to be effective in vitro and in vivo against a broad range of human fungi pathogens such as Candida and Aspergillus species, including multidrug-resistant strains, as well as Pneumocystis species. Candida and Aspergillus species are the fungi responsible for approximately 85% of all invasive fungal infections in t...
2018-04-16 - Asif
Business History Enertopia Corp. was formed on November 24, 2004 under the laws of the State of Nevada and commenced operations on November 24, 2004. From inception until April 2010, the company were primarily engaged in the acquisition and exploration of natural resource properties. Beginning in April 2010, the company began its entry into the renewable energy sector by purchasing an interest in a solar thermal design and installation company. In late summer 2013, the company began its entry into medicinal marijuana business. During its 2014 fiscal year end its activities in the clean energy sector were discontinued. During fiscal 2015 its activities in the Medicinal Marijuana sector were discontinued. During fiscal 2016 its activities in the Women’s personal healthcare sector were discontinued. The Company is actively pursuing business opportunities in the resource sector, whereby the company signed a definitive agreement for a Lithium Brine Project in May 2016. In May ...
2018-04-15 - Asif
Overview The company's mission is to give people the power to build community and bring the world closer together. The company's top priority is to build useful and engaging products that enable people to connect and share with friends and family through mobile devices, personal computers, and other surfaces. The company also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the public at large, and stay connected everywhere by accessing its products, including: Facebook enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers. There are a number of different ways to engage with people on Facebook, the most important of which is News Feed which displays an algorithmically-ranked series of stories and advertisements individualized for each pers...
2018-04-12 - Asif
Business Overview Verastem is a biopharmaceutical company focused on developing and commercializing drugs to improve the survival and quality of life of cancer patients. The company's most advanced product candidates, duvelisib and defactinib, utilize a multi-faceted approach to treat cancers originating either in the blood or major organ systems. Verastem is currently evaluating these compounds in both preclinical and clinical studies as potential therapies for certain cancers, including leukemia, lymphoma, lung cancer, ovarian cancer, mesothelioma, and pancreatic cancer. The company believe that these compounds may be beneficial as therapeutics either as single agents or when used in combination with immuno-oncology agents or other current and emerging standard of care treatments in aggressive cancers that are poorly served by currently available therapies. Duvelisib targets the Phosphoinositide 3-kinase (PI3K) signaling pathway. The PI3K signaling pathway plays a centr...
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