Welcome!

News Feed Item

The Zacks Analyst Blog Highlights:BlackBerry, Twitter, Apple, Google and Boeing

CHICAGO, Jan. 3, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the BlackBerry Limited (Nasdaq:BBRY-Free Report), Twitter, Inc. (NYSE:TWTR-Free Report), Apple Inc. (Nasdaq:AAPL-Free Report), Google Inc. (Nasdaq:GOOG-Free Report) and Boeing Company (NYSE:BA-Free Report).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday's Analyst Blog:

BlackBerry Discards Advanced Twitter Apps

After receiving repeated complaints from users, Canadian handset maker, BlackBerry Limited (Nasdaq:BBRY-Free Report) has momentarily removed the advanced 10.2.2 version of Twitter, Inc.'s (NYSE:TWTR-Free Report) apps from its BlackBerry World store. However, new Twitter users can choose to shift to the older version of Twitter 10.2.1, till the problem is fixed.

The new Twitter version, mainly designed for BB10-based devices, was available on BlackBerry World store for a week. It offered easy access to BBM features and provided photo preview option to users.  

BlackBerry is considering the spin-off of its popular BBM service from its handset business. The company already has more than 60 million dedicated BBM followers and is planning to expand its reach. Thus, the company is continuously upgrading its BBM features and has also made the service available to iOS and Android-based handsets. BlackBerry has already gained more than 40 million iOS/Android users.

BlackBerry, which led the smartphone market earlier, has failed to upgrade its operating platform. This has led to loss of market traction to Apple Inc.'s (Nasdaq:AAPL-Free Report) iOS and Google Inc.'s (Nasdaq:GOOG-Free Report) Android operating systems during the past few years, resulting in substantial losses.

Despite launching its new operating platform BB10 coupled with LTE-based high-end touch screen smartphones, the company has failed to recoup its smartphone business. In the third quarter of fiscal 2014, it sold nearly 4.3 million smartphones as compared with 6.9 million smartphones in the prior-year quarter.

As a result, BlackBerry has decided to divest its entire stake to a consortium headed by Toronto-based insurance company Fairfax Financial Holdings Limited for $4.7 billion or $9 per share. Since Fairfax already holds 10% of BlackBerry's stocks, the buyout will lead to the latter's privatization. Both Fairfax and BlackBerry have been offered a six-week due diligence period before the transaction can be completed. During this period, BlackBerry can explore better bids.

Currently, BlackBerry carries a Zacks Rank #3 (Hold).

3 DoD Order Wins for Boeing

Aerospace and defense major The Boeing Company (NYSE:BA-Free Report) won three defense contracts on Monday, Dec 30, lifting its share price by 0.4% to close at $136.49 on Dec 31, 2013.

The largest one, worth $750 million, came from the U.S. Air Force for the continued support and maintenance work on the B-1 bomber. This contract win entails work in Oklahoma City with Tinker Air Force Base appointed as the contracting party. The contract is expected to continue till Dec 31, 2014 at least. Per this contract, Boeing will provide complete design engineering work, maintenance engineering, computer network support, technical analysis, and other work on the aircraft and weapons systems. This contract includes a one-year base period and four one-year extension options.

The second one is a delivery order valued at $46.6 million. It was issued under a prior signed basic ordering agreement to provide integrated logistics and engineering services on F/A-18A-D and F/A-18E/F fighter jets, and also on EA-18G electronic warfare aircraft, operated by the U.S. Navy and the militaries of Australia, Canada, Finland, Kuwait, Malaysia, Spain, and Switzerland. Work is slated  for completion in Dec 2014.

The final contract is a $22.2 million delivery order issued under  an earlier basic ordering agreement. This is mainly to supply automated maintenance environment integrated software for F/A-18E/F fighters and EA-18G electronic warfare aircraft operated by the U.S. Navy and the Australian military only. The work on this contract will be completed by Dec 2015.

Boeing continues to win substantial defense orders besides its flourishing Commercial Airplane business. Recently, the company received a couple of contracts, worth $661 million, from the U.S. Department of Defense. The impressive performance of the company over the last twelve months is also reflected in its traded price. Boeing's share price climbed 80.6% over 2013.

Boeing currently has a Zacks Rank #3 (Hold).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Get the full Report on BBRY - FREE

Get the full Report on TWTR - FREE

Get the full Report on AAPL - FREE

Get the full Report on GOOG - FREE

Get the full Report on BA - FREE

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
[email protected]
http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

SOURCE Zacks Investment Research, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbraith, a principal engineer at HPE, discussed how to build a fully functional Kubernetes cluster on a number of virtual machines or bare-metal hosts. Also included will be a brief demonstration of running a Galera M...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of (at least) three separate application components: the software embedded in the device, the back-end service, and the mobile application for the end user’s controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target –...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
Whether they’re located in a public, private, or hybrid cloud environment, cloud technologies are constantly evolving. While the innovation is exciting, the end mission of delivering business value and rapidly producing incremental product features is paramount. In his session at @DevOpsSummit at 19th Cloud Expo, Kiran Chitturi, CTO Architect at Sungard AS, will discuss DevOps culture, its evolution of frameworks and technologies, and how it is achieving maturity. He will also cover various st...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...