On Thursday, Shares of BlackBerry Limited (NASDAQ:BBRY), lost -1.17% to $7.61, hitting its lowest level.
BlackBerry Limited declared that it has reached a definitive agreement to acquire AtHoc. Terms of the transaction were not revealed.
AtHoc is a leading provider of secure, networked crisis communications. Its software platform enables people, devices and organizations to exchange critical information in real time during business continuity and life safety operations. The AtHoc platform will integrate with BlackBerry’s enterprise portfolio and trusted global network to offer customers new capabilities for safety, security and mission-critical business communication. The acquisition will enable AtHoc to expand globally and enhance scale, in addition to deliver new applications on a secure platform for mass communication. For example, new applications may comprise integrating AtHoc solutions with BBM Meetings during an alert to enable live video feeds or transmit messages to provide real-time partnershipby leaders and decision makers.
AtHoc’s networked crisis communications platform alerts any device - counting iOS, Android, PC and Mac desktops, digital displays, radios, IP phones, and endpoints such as sirens, fire panels and speakers - assisting organizations and people to connect and share information in times of crisis. The leading provider to the U.S. Departments of Defense (DoD) and Homeland Security, AtHoc also supports public and private enterprises across the world, counting healthcare providers and industrial facilities.
“BlackBerry is making planned investments in security, privacy and the Internet of Things, and acquiring AtHoc will enable us to provide a holistic, end-to-end approach to communications,” said John Chen, BlackBerry Executive Chairman and CEO. “We have a proud history of securing mission-critical communications for the public sector in addition to enterprises operating in the most highly regulated industries. AtHoc’s technology and expertise will play a key role as BlackBerry works to connect and secure a broad range of endpoints.”
“AtHoc and BlackBerry share a common vision of a securely connected world,” said Guy Miasnik, President and CEO, AtHoc. “Federal departments, state and local agencies, and commercial enterprises alike depend on AtHoc to communicate reliably during their most critical moments. Becoming part of BlackBerry will give us the ability to scale more quickly to expand our global reach and introduce new applications for the AtHoc platform, while ongoing to serve our government and enterprise customers.”
BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which comprise the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data.
Shares of Halliburton Company (NYSE:HAL), inclined 1.90% to $42.33, during its last trading session.
Halliburton Company declared that income from ongoing operations for the second quarter of 2015 was $380 million, or $0.44 per diluted share, not taking into account special items. This compares to income from ongoing operations for the first quarter of 2015 of $418 million, or $0.49 per diluted share, not taking into account special items. Adjusted operating income was $643 million in the second quarter of 2015, contrast to adjusted operating income of $699 million in the first quarter of 2015. Halliburton’s total revenue in the second quarter of 2015 was $5.9 billion, contrast to $7.1 billion in the first quarter of 2015.
Primarily as a result of the recent downturn in the energy market and its corresponding impact on the company’s business outlook, Halliburton recorded about $258 million, after-tax, or $0.30 per diluted share, in the second quarter of 2015, as contrast to $823 million, after-tax, or $0.97 per diluted share, in the first quarter of 2015, in company-wide charges related primarily to severance costs and asset write-offs. Halliburton recorded Baker Hughes acquisition-related costs of $67 million, after-tax, or $0.08 per diluted share, in the second quarter of 2015, as contrast to $35 million, after-tax, or $0.04 per diluted share, in the first quarter of 2015. Stated income from ongoing operations was $55 million, or $0.06 per diluted share, in the second quarter of 2015, as contrast to stated loss from ongoing operations of $639 million, or $0.75 per diluted share, in the first quarter of 2015. Stated operating income was $254 million for the second quarter of 2015, as contrast to stated operating loss of $548 million for the first quarter of 2015.
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.
Finally, B/E Aerospace Inc. (NASDAQ:BEAV), ended its last trade with 1.81% gain, and closed at $48.34, hitting its lowest level.
B/E Aerospace declared its second quarter 2015 financial results.
SECOND QUARTER 2015 HIGHLIGHTS CONTRAST WITH SECOND QUARTER PRECEDING YEAR
- Revenues raised 5.7 percent
- Operating earnings raised 6.3 percent
- Operating margin of 18.2 percent raised 10 basis points
- EBITDA margin of 21.2 percent raised 30 basis points
- Net earnings per diluted share of $0.75 raised 15.4 percent
- Declared a $0.19 per share quarterly dividend
B/E Aerospace, Inc. designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets in the United States and internationally. Its Commercial Aircraft segment offers first class, business class, tourist class, and regional aircraft seats, in addition to spares; oxygen storage, distribution, and delivery systems for commercial and business jet aircraft; coffee makers/water boilers, ovens, and refrigeration equipment; and modular lavatory, wastewater, and galley systems.
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