Research In Motion Ltd (BBRY) News: Q5 Update, One Superiority, Long-Term Outlook & More

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No ‘back door pipeline’ for monitoring: BlackBerry SA (TimesLive)
“While we cannot comment on media reports regarding alleged government surveillance of telecommunications traffic, we remain confident in the superiority of Research In Motion Ltd (NASDAQ:BBRY)’s mobile security platform for customers…,” it said in a statement. “Our public statements and principles have long underscored that there is no ‘back door’ pipeline to that platform. Our customers can rest assured that Research In Motion Ltd (NASDAQ:BBRY) mobile security remains the best available solution to protect their mobile communications.” On Monday, international relations department spokesman Clayson Monyela said government had noted with concern the reports published by the UK Guardian.

RIM Plays Defense as Snowden Leaks Touch BlackBerry (WSJ)
The turmoil surrounding leaks from former National Security Agency contractor Edward Snowden engulfed Research In Motion Ltd (NASDAQ:BBRY) +3.64% Monday, after Britain’s Guardian newspaper reported British intelligence services spied on foreign politicians and intercepted phone calls and emails from their BlackBerrys at two political summits in 2009. “We remain 100 percent confident in the superiority of Research In Motion Ltd (NASDAQ:BBRY) mobile security,” the company said after the report. Research In Motion Ltd (NASDAQ:BBRY) has managed to stay out of the news cycle involving leaks from Mr. Snowden about an alleged, wide-ranging effort by the U.S. and Britain to collect data on calls and Internet exchanges.

Research In Motion Ltd (BBRY) Traders Bet On a Bullish End to the Week (SchaeffersResearch)
Research In Motion Ltd (NASDAQ:BBRY) has jumped 4.1% today, bringing its year-to-date advance to an impressive 25.3%. As a result, calls are flying off the shelves, trading at more than two times the average intraday call volume and almost four times the number of puts exchanged. Like Friday’s speculators, today’s traders are eyeing the June 15 call to bet on extended gains through week’s end. The majority of the 28,650 contracts traded have done so at the ask price, implied volatility has jumped 5.7 percentage points, and data from the International Securities Exchange (ISE) verifies the initiation of new bullish positions.




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