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BlackBerry headed for breakup and sale of company’s parts, analysts say
BlackBerry’s smartphone business problems means potential acquirers will pick over its more alluring assets, including software and patents, which together may be worth about $5 billion, roughly in...
View ArticleBlackBerry shares rise after Microsoft, Nokia deal
Stock in BlackBerry rose as much as 3.6 percent on Tuesday on investor optimism that BlackBerry too would find a buyer after Microsoft’s deal for Nokia BlackBerry basically put itself up for sale a...
View ArticleAnalyst lowers estimates for second-quarter shipments of BlackBerry 10 devices
National Bank Financial analyst Kris Thompson lowered his firm’s estimates for second-quarter shipments of BlackBerry 10 devices, suggesting the company’s for sale sign can’t be good for business. “We...
View ArticleBlackBerry to Announce Second Quarter Fiscal 2014 Results on Friday,...
BlackBerry® (NASDAQ:BBRY)(TSX:BB) will be reporting results for the second quarter of fiscal 2014 on September 27th, 2013. A conference call and live webcast will be held beginning at 8 am ET, which...
View ArticleVodafone urges Kabel shareholders to accept $10 billion bid
Vodafone are urging Kabel Deutschland shareholders to accept its 7.7 billion euro offer, warning the bid would lapse if less than three quarters of them agree to sell Germany’s largest cable operator...
View ArticleBlackBerry Shares up 4.2% on reports Prem Watsa has lined up billions of dollars
BlackBerry shares are up 4.2% following a report in the Sunday Times that former director Prem Watsa has lined up billions of dollars in backing from Canada Pension Plan Investment Board to take...
View ArticleBlackBerry bidders may want to break up business
A handful of potential bidders, including private equity firms, are lining up to look at BlackBerry, but initial indications suggest that interest is tepid and buyers are eyeing parts of the company...
View ArticleBlackBerry will need to make another writedown
BlackBerry’s swelling inventory of unsold smartphones is approaching the $1 billion US mark, raising the chance the company will make its fourth writedown in two years when it reports earnings next...
View ArticleBlackBerry announces preliminary Q2 2014 results
BlackBerry has released their preliminary Q2 2014 results today. Shares were halted following the release. BlackBerry expects to report FQ2 (Aug. quarter) revenue of $1.6B, far below a $3.06B...
View ArticleBlackBerry to Announce Third Quarter Fiscal 2014 Results on Friday, December...
BlackBerry® (NASDAQ:BBRY)(TSX:BB) will be reporting results for the third quarter of fiscal 2014 on December 20th, 2013. A conference call and live webcast will be held beginning at 8 am ET, which can...
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Daniel Loeb held 10 million BlackBerry shares at end of December 2013
Hedge fund manager Daniel Loeb, who runs $14 billion Third Point LLC, has disclosed a huge stake in Blackberry. In his fund’s latest 13F filing, Third Point held 10 million shares of BlackBerry during...
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Prem Watsa quips about BlackBerry Q20 in annual shareholders letter
It’s that time of year again and Prem Watsa, CEO at FairFax Financial Holdings & the largest BlackBerry shareholder, has released the company’s annual shareholders letter where he describes plans...
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BlackBerry to Announce Year-End and Fourth Quarter Fiscal 2014 Results on...
BlackBerry® (NASDAQ: BBRY)(TSX: BB) will be reporting results for the fourth quarter and year-end of fiscal 2014 on March 28th, 2014. A conference call and live webcast will be held beginning at 8 am...
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Microsoft Announces Quarterly Earnings Release Date
Microsoft to host earnings conference call webcast. Microsoft Corp. will publish fiscal year 2014 third-quarter financial results after the close of the market on Thursday, Apr. 24, 2014 on the...
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LG reports improved First Quarter 2014 Results
Net Profit Increases More than 300 Percent from Same Period Last Year LG Electronics today announced a 319 percent increase in first-quarter net profit compared with the same period last year....
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T-Mobile US Reports First Quarter 2014 Results
First Quarter 2014 Highlights: Total net additions of 2.4 million, marking the first quarter ever with more than 2 million net additions Fourth consecutive quarter with over 1 million total net...
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Fairfax sells 5.2 million BlackBerry shares
According to a regulatory filing with the U.S. Securities and Exchange Commission, Fairfax Financial Holdings Ltd. has trimmed its holdings in BlackBerry Ltd. by 5.2 million shares, In a quarterly...
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Point72 purchases 11.2 million shares of BlackBerry
According to a regulatory filing, Point72 Asset Management, the hedge-fund firm founded by billionaire Steven A. Cohen, has purchased 11.2 million shares of BlackBerry. Point72, formerly SAC Capital...
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SAP to Host Press Conference and Financial Analyst and Investor Conference...
SAP is holding a press conference at SAPPHIRE NOW, being held June 3- in Orlando. Tuesday, June 3: 10:30 a.m. – 11:30 a.m. EDT / 4:30 p.m. – 5:30 p.m. CET. The session will be broadcast on the Media...
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European Operators could Save Millions with Better Mobile Payments Compliance...
Over £5m could be saved across Europe per year; over £400k in the UK alone Europe’s mobile operators could save millions of Euros per year with better management of mobile payments compliance, claims...
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