The stock gets an upgrade as Wall Street awaits Friday's release in the US of the new Z10 touchscreen smartphone.
BlackBerry (BBRY) stock surged more than 6% today in New York after an upgrade from a Morgan Stanley analyst.
The analyst, Ehud Gelblum, said he now sees the possibility of the BlackBerry emerging as a "niche midrange player" in the smartphone market.
Gelblum upgraded shares of the Canadian company to "overweight" from "underweight" and raised his price target to a Wall Street high of $22, saying he gross margins from the BlackBerry 10 will add to earnings this year.
BlackBerry intends to launch its new Z10 touchscreen phone in the U.S. on Friday. Analysts will be watching to see how much traction the Z10 -- which uses the new BlackBerry 10 operating system -- will gain against Apple(AAPL) and Google (GOOG), the dominate players in the American market.
Spreadtrum Communications is a leading supplier to Apple's rivals in the smartphone market. Buy this stock if you think competitors will continue to gain market share.
By surrounding himself with yes-men and killing off anything that doesn't make money, the CEO could be setting himself up for a fall.
By Dana Blackenhorn
Every great company is a dictatorship. But no dictator can run a great company alone.
While much of the media commentary on Google (GOOG) late last week centered on its closure of Google Reader, the bigger news is the replacement of Android chief Andy Rubin with ChromeOS head Sundar Pichai, as reported by Wired.
Pichai is said to be "closer" to CEO Larry Page than Rubin was, and it's no longer questioned that Marissa Mayer, now CEO of rival Yahoo! (YHOO), didn't jump from the Googleplex but was pushed out by Page.
Based on 'Half the Sky,' a 2009 bestselling book and later a PBS series that tells stories of women overcoming oppression, the game lets players unlock $250,000 in real donations.
Often, when we talk about foreign aid, we only talk numbers -- how much money was given to a particular NGO or how many mosquito nets we put up in a struggling community.
To really improve lives through financial aid, we have to engage with issues in the developing world, try to understand them and develop a more transparent way of giving.
That’s what Nicholas Kristof and Sheryl WuDunn believe. Their cause is the global empowerment of women, and their newest tool is a game on Facebook (FB).
The married couple founded the Half the Sky movement in 2009 with publication of their book "Half the Sky: Turning Oppression Into Opportunity for Women Worldwide." The book argues that the oppression of women is the greatest moral challenge of our time. The authors seek to raise awareness of issues such as female genital mutilation, domestic abuse, sex trafficking and maternal mortality.
An analyst raises his rating on the stock to 'buy,' saying the stock is cheap and that Oracle's recent moves to bolster its hardware business are about to bear fruit.
Canaccord Genuity analyst Richard Davis upgraded shares of the software giant to "buy" and raised his price target to $42 from $35. This was done ahead of Oracle's earnings, which are slated to be released next week. Davis cited an expected year-over-year increase in hardware revenue as one of the major reasons for the upgrade.
Another reason cited by Davis is Oracle's market valuation; the stock trades at just 11 times the analyst's projected earnings for 2013.
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[BRIEFING.COM] S&P futures vs fair value: -0.90. Nasdaq futures vs fair value: -1.50. The stock market is on track to begin today's session on a flat note, with the S&P 500 looking to continue its climb after gaining 3.5% over the past six sessions. Although the market is gearing up for a subdued start, quarterly earnings that have been received since yesterday's closing bell were mostly better than expected. Dow components Boeing (BA 130.99, +3.44) and Procter & ... More
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