On Wednesday, Shares of BlackBerry Ltd (NASDAQ:BBRY), added 0.56% and closed at $7.15 in the last trading session. The last trading range of the stock ranges between $6.93 and $7.17. BlackBerry Limited (BBRY)(BB.TO), a global software leader in securing, connecting and mobilizing enterprises, declared a contract has been signed with Ford Motor Company for expanded use of BlackBerry’s QNX and security software. The deal signifies an acceleration in BlackBerry’s pivot from hardware to software in support of the automaker’s aim of providing connected vehicles and mobility to its customers.
“The future of the automobile is all about embedded intelligence. I believe our expertise in secure embedded software makes us the preferred technology provider to put the smart in the car,” said John Chen, executive chairman and CEO at BlackBerry. “Ford is an industry leader and the opportunity to contribute our world-class technology to their products is a privilege. Ford’s expanded application of our software and services illustrates the diverse and broad value we can bring to market.”
Spectra Energy Corp. (NYSE:SE), dropped -0.53% and closed at $41.16 in the last trading session. The last trading range of the stock ranges between $40.53 and $41.28. The company’s Market capitalization is $28.79 Billion with the total Outstanding Shares of 701.00 million. Spectra Energy Partners, LP (SEP) recently stated net income of $296 million, counting net income from controlling interests of $275 million, for the third quarter ended September 30, 2016, with diluted earnings per limited partner unit of $0.64. The third quarter included a non-recurring special item of $38 million, which reduced diluted earnings per limited partner unit by $0.12.