Research In Motion Ltd (NASDAQ:BBRY) Pessimists Pick Up Put Options (SchaeffersResearch)
The shares of Research In Motion Ltd (NASDAQ:BBRY) are up 2.1% at $13.78, erasing an early deficit. In the options pits, meanwhile, traders are gambling on the BlackBerry maker to resume its recent downtrend, with speculators scooping up June-dated puts. So far, the June 13 put has seen more than 10,400 contracts change hands on open interest of just 7,616 contracts, pointing to an influx of new initiations. Nearly two-thirds of the puts have crossed at the ask price, hinting at buyer-driven volume. By purchasing the BBRY puts at a volume-weighted average price (VWAP) of $1.25, the buyers will make money if the stock breaches $11.75 (strike minus VWAP) — in territory not explored since mid-January — by options expiration on Friday, June 21. However, should the equity remain north of the strike, the most the buyers can lose is the initial premium paid for the puts.
Research In Motion Ltd (NASDAQ:BBRY) Reverses Early Loss On Surprise Order (MarketNewsCall)
Things seem to be finally looking up for Research In Motion Ltd (NASDAQ:BBRY) considering it has just clinched a deal for an order of its BlackBerry 10 smartphones from Canadian Tire Corp. This is a record deal indeed, as it is the biggest corporate purchase for the devices. The company, Canadian Tire, which is a sporting-goods and auto-parts retailer, will start distributing the touch-screen Z10 and newer Q10 models to employees later this month at its namesake superstores and also its financial-services unit and Sport Chek and Sports Experts chains.
Can the new BlackBerries save BlackBerry? (DigitalJournal)
Blackberry hope their two new phones will help Blackberry survive, but will they be able to compete with the strong competition? According to oprah.com, Oprah Winfrey once called her BlackBerry one of her favorite things. President Barack Obama couldn’t live without his, and in spite of concern over safety, he refused to part with his BlackBerry. He became the first American president who uses a cellphone. People’s all over the world were so obsessed with their BlackBerries, that the phenomenon was soon dubbed CrackBerry. Research In Motion Ltd (NASDAQ:BBRY), is the Canadian company who manufactures Blackberry phones.
SimpleAir Announces Successful Completion of Patent Reexaminations (Virtual-Strategy)
SimpleAir, Inc. today announced that the U.S. Patent and Trademark Office has issued Reexamination Certificates confirming the patentability of all reexamined claims of U.S. Patent Numbers 7,035,914 (‘914 patent) and 6,021,433 (‘433 patent). The Reexamination Certificates for the ‘914 and ‘433 patents were issued, respectively, on February 8, 2013 and March 11, 2013. As both certificates state, “No amendments have been made to the patent.” The ‘914 and ‘433 patents are part of a portfolio of SimpleAir patents and patent applications in the wireless content delivery, mobile application, and push notification market spaces. The reexamined patents were asserted in SimpleAir’s prior litigation against Apple Inc. (NASDAQ:AAPL) and Research In Motion Ltd (NASDAQ:BBRY).
Research In Motion Ltd (NASDAQ:BBRY) 10.1 OS update includes stunning features (CrazyJoys)
The Canadian smartphone maker Research In Motion Ltd (NASDAQ:BBRY) is getting success in market after it launched new smartphones, Z10 and Q10, along with new OS, BlackBerry 10. Now some reports claim that the company is going to offer an update, the BlackBerry 10.1. It’s been speculated that the update will be equipped with “PIN to PIN” messaging within the BlackBerry Hub, an HDR camera mode and an improved text selector to make the update a huge success. The smartphone maker recently shared a BlackBerry 10.1 OS update with its developers in order to retain the customers in the highly competitive market. Some other features include the ability to check for applications updates at ease, the option to disable alerts for specific apps and the capability to paste phone numbers into the dialer.