NEW YORK (TheStreet) -- Shares of BlackBerry (BBRY) are up 0.75% to $9.42 after the company announced that Secure Work Space for Apple's (AAPL) iOS and Google's (GOOG) Android, a multi-platform containerization solution managed through BlackBerry Enterprise Service 10, has received Security Technical Implementation Guide approval from the Defense Information Systems Agency.
In addition to BlackBerry 10 smartphones, U.S. Department of Defense customers can now use Apple's iOS and Google's Android smartphones and tablets connected to the BES10 Enterprise Mobility Management solution.
The STIG approval provides additional confidence for government agencies considering a more open mobile environment with a selection of devices and operating systems, the company said.
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TheStreet Ratings team rates BLACKBERRY LTD as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate BLACKBERRY LTD (BBRY) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, disappointing return on equity and weak operating cash flow."
Highlights from the analysis by TheStreet Ratings Team goes as follows: