|Bid||70.20 x 400|
|Ask||70.35 x 100|
|Day's Range||69.71 - 70.59|
|52 Week Range||48.04 - 72.89|
|PE Ratio (TTM)||31.01|
|Dividend & Yield||1.56 (2.22%)|
|1y Target Est||N/A|
WASHINGTON/MOSCOW, June 23 (Reuters) - Western technology companies, including Cisco, IBM and SAP , are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found. Russian authorities are asking Western tech companies to allow them to review source code for security products such as firewalls, anti-virus applications and software containing encryption before permitting the products to be imported and sold in the country. While a number of U.S. firms say they are playing ball to preserve their entree to Russia's huge tech market, at least one U.S. firm, Symantec, told Reuters it has stopped cooperating with the source code reviews over security concerns.
LinkedIn, which sold itself to Microsoft (MSFT) last year, is in the race to profit from marketers’ spending on Internet advertising on social networks.
BlackBerry Ltd (NASDAQ:BBRY) was up more than 50% since its previous quarterly report, so investors clearly expected to hear more of the same encouraging news this morning. While overall revenue fell thanks to the company’s exit from the smartphone business, its new software-oriented focus seemed to be getting traction. The weakness suggests the organization’ new software focus may not be the panacea many presumed it would be.