On Wednesday, Shares of BlackBerry Limited (NASDAQ:BBRY), lost -1.79% to $7.70.
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 partnership by 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 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 SandRidge Energy, Inc. (NYSE:SD), declined -7.03% to $0.50, during its last trading session, hitting its lowest level, as oil prices fell and U.S. crude settled below $50 a barrel on Wednesday after government data showed crude inventories in the United States rose last week and as a stronger dollar and weaker global equities applied pressure.
U.S. September crude CLc1 fell $1.67, or 3.28 percent, to settle at $49.19 a barrel, first settlement below $50 since April. The $49.04 low hit in post-settlement trading was a September contract low. Reuters Reports.
SandRidge Energy, Inc., an oil and natural gas company, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States. The company operates through three segments: Exploration and Production, Drilling and Oil Field Services, and Midstream Services.
Finally, Masco Corporation (NYSE:MAS), ended its last trade with 1.99% gain, and closed at $23.08.
Masco Corporation declared that it will hold a conference call regarding 2015 second quarter results on Tuesday, July 28, 2015 at 8:00 a.m. ET. The conference call will be hosted by Masco President and Chief Executive Officer Keith Allman. Participants in the call are asked to register five to ten minutes preceding to the planned start time by dialing (855) 226-2726 (855-22MASCO) and from outside the U.S. at (706) 679-3614. Please use the conference identification number 74579395.
Masco Corporation manufactures, distributes, and installs home improvement and building products worldwide. Its Cabinets and Related Products segment provides cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and kitchen countertops, and integrated bathroom vanity and countertop solutions.
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