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BlackBerry (BBRY) Revenue Losses Continued in Q4, but Overall Financial Standing Appears Firm - MKM
March 30, 2015 11:43 AM EDTMKM Partners affirms BlackBerry (Nasdaq: BBRY) with a Neutral rating and $10 price target following Q4 results reported last Friday.
Analyst Michael Genovese noted that BlackBerry continued the trend of falling revenue amid improving earnings. The company is halfway through its two-year restructuring and while CEO John Chen has reined in costs and strengthened the balance sheet, we do not share his confidence in revenue stabilization... More
UPDATE: Barclays Upgrades Analog Devices (ADI) to Overweight on Apple 3D Touch Win
March 30, 2015 6:35 AM EDT(Updated - March 30, 2015 9:45 AM EDT)
Barclays upgraded Analog Devices (NASDAQ: ADI) from Equalweight to Overweight with a price target of $70.00 (from $55.00). Analyst Blayne Curtis thinks ADI has secured multiple sockets across Apple's (NASDAQ:... More
Apple (AAPL) CEO Tim Cook Talks Out Against Indiana LGBT Discrimination Law
March 27, 2015 2:08 PM EDTApple (NASDAQ: AAPL) CEO Tim Cook weighed in on the just passed Indiana law that could allow businesses to turn away gay and lesbian customers based on religious freedom, saying he is "deeply disappointed." Cook called on the Arkansas governor to... More
