The number of large business and government clients that have installed or are testing BlackBerry Ltd's mobile device management service has risen roughly 20 percent over the past six months, the embattled smartphone maker said on Tuesday.BlackBerry, which recently halted plans to sell itself and shook up its management team, said large customers such as Morgan Stanley and Boeing Co are currently running and testing its BlackBerry Enterprise Service 10 (BES).The product allows such companies to securely manage devices that run on Apple's iOS operating system and Google's Android operating system as well as BlackBerry devices on their internal networks. Apple and Android devices have eclipsed BlackBerry and now dominate the smartphone market.BlackBerry is counting heavily on the service as it charts a new course under the leadership of recently appointed interim Chief Executive John Chen, who is keen to rebuild the company as more of a niche player focused on the so-called enterprise market of large business and corporate clients.
The Boeing Company (Boeing) is an aerospace company. Shares of BA fell by 1.15% or $-1.54/share to $132.62. In the past year, the shares have traded as low as $72.68 and as high as $142.00. On average, 4421840 shares of BA exchange hands on a given day and today's volume is recorded at 2733090.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS fell by 1.43% or $-0.45/share to $30.98. In the past year, the shares have traded as low as $16.35 and as high as $31.85. On average, 13048400 shares of MS exchange hands on a given day and today's volume is recorded at 6281126.
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