Lunes, 10 Diciembre, 2018

Blackberry turns a quarterly profit thanks to Qualcomm's $940 million arbitration payment

Malita Javier | 23 Junio, 2017, 15:28

BlackBerry Ltd (BB.TO) reported a fall in first quarter revenue that missed estimates as it received fewer orders from its enterprise customers, sending the company's USA -listed shares down 6 per cent in premarket trading.

The quarter included a $940-million arbitration payment from USA chip maker Qualcomm Inc.

Man charged in connection with London van attack
The attack raised fears of retaliation against Muslims after a series of deadly assaults in Britain by Islamist extremists. He was arrested by cops after the shocking incident in the early hours of June 19 in Finsbury Park, North London .

BlackBerry reported a profit of $671 million, or $1.23 per share, for the first quarter ended May 31, compared with a loss of $670 million, or $1.28 per share, a year earlier. On an adjusted basis, the company reported revenue of $244 million, missing analysts' estimates of $264.51 million, according to Thomson Reuters I/B/E/S.

BlackBerry shares (Nasdaq:BBRY) were down roughly six per cent at about 7 a.m. ET.

Governors wary of Medicaid cost shift in Senate health bill
The Senate bill would prevent Planned Parenthood from getting reimbursed for treating patients with Medicaid for one year. Republicans have been seeking to repeal the ACA for seven years, arguing that the ACA insurance exchange are collapsing.

BlackBerry's US -listed shares fell 6.1 per cent to $10.39 before the bell, after earlier rising 3.5 per cent.

Citron also projected BlackBerry's shares were likely to reach US$20 on the Nasdaq within 24 months, echoing a Macquarie Research analyst's report from mid-May that said the company's shares could jump to US$45 by 2020.

Lions lessons heeded for Test: Whitelock
Gatland added six new players to the squad last week, and admitted they were brought in on geographical proximity. Lions skipper Rory Best said: "I told the lads before kick-off that if we let this one slip by you'll regret it".

Recommended

  • Cuatro líneas de colectivos de paro tras asalto a un chofer

    Cuatro líneas de colectivos de paro tras asalto a un chofer

    También está interrumpido el servicio en las líneas 78, 87 y 127 pertenecientes a la empresa operadora "Los Constituyentes SATA".

    Celtics select Jayson Tatum with third pick

    This could impact some teams, like the Celtics, who are looking to sign free agents once the negotiating period begins July 1. The Philadelphia 76ers have put the next phase of The Process in the hands of Washington guard Markelle Fultz .
    Toshiba to further delay financial report

    Toshiba to further delay financial report

    Toshiba is now on a watch list for firms at risk of having their shares yanked off Japan's premier bourse. On Friday, it slightly revised down its annual loss estimate to 995.2 billion yen.
  • Trump Tweets Poll Showing 50 Percent Approval; 'Higher Than O's!'

    Trump Tweets Poll Showing 50 Percent Approval; 'Higher Than O's!'

    That credibility gap is much more pronounced among Democrats: 84 percent believe Comey and only 8 percent believe Trump. The error due to sampling for results based on the entire sample could be plus or minus four percentage points.
    Dems Turn On Nancy Pelosi After Ossoff Loss

    Dems Turn On Nancy Pelosi After Ossoff Loss

    Half of Democrats (49 percent) view Pelosi favorably, while 1 in 4 Democrats (26 percent) have an unfavorable view of her . On Wednesday, a small group of Democrats urged Pelosi to step down as House Minority Leader, The New York Times reported .
    Former Milwaukee Officer Acquitted In Shooting Of Sylville Smith

    Former Milwaukee Officer Acquitted In Shooting Of Sylville Smith

    Chisholm has said that Heaggan-Brown was justified when he fired the first shot, but argues the second shot was unnecessary. Smith headed for a yard that had a chain link fence and hurled his gun over just as Heaggan-Brown fired his gun at Smith .
  • Aprueban proyecto de ley antiterrorista

    Aprueban proyecto de ley antiterrorista

    El gobierno argumenta que la nueva ley antiterrorista solo establece la base para poner fin al estado de excepción. Este régimen, inicialmente destinado a responder a un peligro inminente, ha sido prorrogado hasta cinco veces .

    Mohamed Salah Joins Liverpool From Roma

    I hope to see that together we can give everything to win something for the club , for the supporters and for us". I would like to win something with the club.
    Dems slam new Senate health care bill as 'meaner'

    Dems slam new Senate health care bill as 'meaner'

    To one health policy expert, those tax cuts, combined with the cuts to Medicaid, mean the bill isn't a health care overhaul. The nonpartisan Congressional Budget Office said the House bill would cause 23 million people to lose coverage by 2026.
  • Weatherford International PLC (WFT) Upgraded to "Overweight" at Barclays PLC

    Following the transaction, the vice president now directly owns 296,625 shares of the company's stock, valued at $1,539,483.75. The California-based California State Teachers Retirement has invested 0.02% in Weatherford International Plc (NYSE: WFT ).

    No one thought we'd reach the final: Sarfraz

    England will now wait for the 2019 Cricket World Cup to try and win their first fifty overs ICC event. His figures are the best for a Pakistan bowler in one edition of the Champions Trophy .

    Ter Stegen satisfehco con empate

    Ter Stegen recordó que el equipo de Alemania que juega en la Confederaciones "es muy joven, con mucha confianza y el camino que estamos haciendo está bien".

Oil edges up towards data on reserves and production in US Oil edges up towards data on reserves and production in US To counter the US shale industry's sudden oil boom, the OPEC, in 2014, flooded the market with excess oil causing a supply glut. It also put Iran's refinery capacities growth rate per annum at 2.0 percent in 2016.

Lonzo Ball's National Basketball Association draft stock stays strong as Lakers watch Lonzo Ball's National Basketball Association  draft stock stays strong as Lakers watch The choice the Lakers make could significantly alter the team in a positive fashion, or send the team back to the drawing board. We are less than one week away from the NBA Draft , which means the rumors and speculation are about to ramp up a notch or two.

Senate releases health care bill proposing Medicaid cuts, end to ACA penalties Senate releases health care bill proposing Medicaid cuts, end to ACA penalties They didn't say why it was not included in the Thursday draft , but it could be because they suspect it will breach Senate rules. If no Democrats vote in favor of the bill, McConnell can only afford to lose two votes out of the 52 Republicans in the Senate.

Credit Suisse Group Reaffirms "Outperform" Rating for Newfield Exploration Company (NFX) Imperial Capital maintained Newfield Exploration Co. (NYSE: NFX ) has declined 13.04% since June 21, 2016 and is downtrending. Deroy Devereaux Private Invest Counsel has invested 0.17% in Newfield Exploration Co. (NYSE: NFX ) for 122,200 shares.

Uruguay rebaja en un 8 % el precio del gasoil Uruguay rebaja en un 8 % el precio del gasoil Delgado asegura que el precio del gasoil podría reducirse en ocho pesos y el de las naftas en seis pesos. La rebaja del 8% representa unos 3.34 pesos menos por litro.

German teen suspected of shooting toy gun at Thai king German teen suspected of shooting toy gun at Thai king Prosecutors said the king's household said they had no interest in charges being brought in the case. But in Germany, it is not up to the victim to decide [about the charges]", said Mr Rauscher.

Alabama warns of floating fire ants in flood waters Alabama warns of floating fire ants in flood waters Cindy has been downgraded to a tropical depression with winds of 35 miles per hour and will gradually make a northeast turn. As the storm moves north, the Gulf Coast will experience potentially unsafe flooding, CNN meteorologist Michael Guy said.

North Korea tests rocket engine, possibly for ICBM One official said he believed the test had taken place within the past 24 hours. However, the Chinese Foreign Ministry spokesman questioned such calls.

Demonstrators rally against Senate healthcare bill in Northampton Demonstrators rally against Senate healthcare bill in Northampton They said the measure missed delivering a GOP promise to Americans "to repeal Obamacare and lower their health care costs". But it preserves a key element of Obamacare, which allows parents to cover children under their plan until age 26.

Darjeeling shutdown continues, Rajnath Singh appeals GJM to resolve issues through dialogues GJM claimed that three of its supporters were killed in police firing . "Our supporters were killed by policemen", he said. He also said two GJM supporters were hit by bullets in Ghoom Bhanjyang where GJM had broken through police barricades.

Oklahoma softball player Shay Knighten nominated for ESPY Oklahoma softball player Shay Knighten nominated for ESPY Clemson had wins over the No. 3, 2 and 1 teams in the nation and beat six teams that finished the season in the top 25. FYI: If you would like to vote for the defending College football champions and/or Watson, click the link here .

Cómo es Finsbury Park, la zona del ataque en Londres Cómo es Finsbury Park, la zona del ataque en Londres En pleno Ramadán, los musulmanes practicantes acuden a la mezquita después del Iftar, el final del ayuno al caer la noche. Se realiza una plegaria hacia medianoche.

Storm Cindy continues to cause destruction Storm Cindy continues to cause destruction Experts say El Nino conditions usually result in more wind shear, which cuts down on the number of tropical storms and hurricanes. As of 10:00 a.m., Cindy was downgraded to a Tropical Depression with winds of 35 miles per hour .

ECB Leaves Key Interest Rate Unchanged ECB Leaves Key Interest Rate Unchanged It also wants any pick up to be sustained, not reliant on European Central Bank support and evident across the entire eurozone. He said the bank removed the language about potentially lowering interest rates because ultra-low inflation risks have gone.

Mexico wins Confederations Cup match; brawl is a tie Two games were played today in the ongoing confederations cup competition in Russian Federation today. We kept losing the ball in the first half and did not launch any attacks.