Top Technology Stocks:
Technology shares are lower in mid-day trading. Blackberry (
) is up 9% in pre-market trading after Reuters reported that the
smartphone maker is warming up to the idea of going private to
allow it to revive its flagging finances out of the public eye.
There has been a "change of tone" on the board, the report said.
However, no deal is imminent, and BlackBerry has not launched any
kind of a sale process, it added.
Separately, Blackberry said last night the U.S. Defense
Information System Agency has given BlackBerry Z10 and BlackBerry
Q10 smartphones with BlackBerry Enterprise Service 10, the
Authority to Operate (
) on Department of Defense (DoD) networks. BlackBerry is the first
Mobile Device Management (
) provider to obtain an ATO, the company said.
And, Ebix (
) says Q2 sales were $51 million, a million short of expectations.
EPS were $0.35, above the Thomson Reuters mean for $0.32. EBIX is
down 4% at $10.75 in pre-market trade.
Finally, America Movil SAB de CV (
), which owns 29.8% of Koninklijke KPN, is launching a bid to
acquire the rest of the Dutch carrier for 2.40 euros a share. AMX
shares are down 2% in pre-market.
Copyright (C) 2013 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.