Shareholder advisory company Glass Lewis has urged BlackBerry investors to vote against Prem Watsa as lead director, arguing that he should be held accountable for an executive compensation plan that isn’t in shareholders’ interests. Glass Lewis recommended investors withhold support for Prem Watsa who chairs BlackBerry’s compensation committee.
BlackBerry will report results for the first quarter of fiscal year 2022 at 5:30 p.m. ET on Thursday, June 24, 2021. The conference call can be accessed by dialling +1 (877) 682-6267 or live streamed on the Company's website here. A replay of the conference call will be available at approximately 8:30 p.m. ET on June 24, 2021, by dialing +1 (800) 585-8367 and entering Conference ID #2676452. It will also be available at the link above.
Net Purpose is partnering with tickr to provide data to measure the social and environmental outcomes of its funds. Founded in 2019 with the goal of reaching one million investment professionals by 2025, Net Purpose is the world’s first dedicated data provider for a new generation of investors who invest for profit and purpose. By quantifying the social and environmental outcomes of companies and investment portfolios, Net Purpose enables investors to effortlessly report on their impact and their contribution to the UN Sustainable Development Goals.
SAM Seamless Network, a network security company for consumers and SMBs, has raised $20 million in series B funding led by BlackBerry and Verizon Ventures. Additional Investors include Blumberg Capital, Intel Capital, ADT, and NightDragon.
Apple announced financial results for its fiscal 2021 second quarter ended March 27, 2021, posting a March quarter record revenue of $89.6 billion, up 54 percent year over year, and quarterly earnings per diluted share of $1.40. International sales accounted for 67 percent of the quarter’s revenue.
Apple today unveiled Apple Card Family, a new way for people to share their Apple Card, track purchases, manage spending, and build credit together with their Family Sharing group.
AEVI and Mastercard Payment Gateway Services (MPGS) are to use their combined technologies and reach to simplify the omnichannel shopping experience. AEVI integrates payments and data across all customer channels by providing an open platform that is both device and solution independent.
When BlackBerry reported fourth-quarter 2021 and full fiscal year results Tuesday, the company missed quarterly and full-year revenue estimates. According to Canaccord Genuity analyst T. Michael Walkley, the miss was “primarily driven by licensing headwinds due to ongoing negotiations for the sale of part of its mobile device patent portfolio.”
BlackBerry reported reported a $315-million loss and missed quarterly revenue estimates for its fourth-quarter. Quarterly revenue for the company, which reports its results in U.S. currency, was $210 million, down from $282 million a year earlier.
Huawei has obtained a Chinese nonbanking payment license, giving the company a foothold in a fintech sector dominated by Tencent and Ant Group as those firms grapple with regulators.
BlackBerry has agreed to stop adjusting its revenue after receiving a comment letter from the Securities and Exchange Commission (SEC) questioning the practice.
BlackBerry will report results for the fourth quarter of fiscal year 2021 at 5:30 p.m. ET on Tuesday, March 30, 2021. The conference call can be accessed by dialling +1 (877) 682-6267 or live-streamed on the Company's website.