-
BlackBerry To Add Workers, Achieve Positive Cash Flow This Year
Tuesday, August 5, 2014 - 11:30am | 205Read More...BlackBerry (NASDAQ: BBRY) shares rose more than three percent Tuesday after its latest chief executive told employees that a long string of layoffs is over and the company will start adding workers. John Chen, named CEO eight months ago, said a workforce reduction that started three years ago...
-
Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Monday, July 28, 2014 - 4:36pm | 2462Read More...U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...
-
Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792Read More...U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
-
Market Wrap For June 20: Yet Again, Dow And S&P 500 Indices Hit New Highs
Friday, June 20, 2014 - 4:40pm | 2263Read More...U.S. stocks were slightly higher as the Dow and S&P 500 indices continue hitting new all-time highs following positive comments from the Fed's Chief Janet Yellen earlier this week. The Dow continues to flirt with the 17,000 mark and hit a historical intra-day high of 16,978.0 Friday...
-
Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
-
BlackBerry To Proceed With $278 Million Real Estate Sale
Monday, May 5, 2014 - 11:34am | 215Read More...BlackBerry (NASDAQ: BBRY) on Monday announced that it will sell the majority of its real estate holdings in Canada to U.S. real estate investment company Spear Street Capital for approximately $278 million. BlackBerry will sell more than three million square feet of office space and vacant land,...
-
Market Wrap For April 10: Wednesday's Rally Completely Forgotten
Thursday, April 10, 2014 - 4:33pm | 2616Read More...U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue. The Nasdaq index continues to under-perform and notched its worst one day performance since 2011. The decline in the Nasdaq index continues to be fueled by biotech and momentum...
-
Blackberry May Leave The Handset Business
Thursday, April 10, 2014 - 9:03am | 493Read More...Everybody believes that it’s only a matter of time before the BlackBerry (NASDAQ: BBRY) phone takes its place in a museum along side the Motorola DynaTAC phone (that giant “mobile” phone unveiled in 1984). But so far, Blackberry has stubbornly stayed in the business. That's despite losing more...
-
Market Wrap For March 28: Markets Still Positive Despite Giving Up Early Gains
Friday, March 28, 2014 - 4:27pm | 1778Read More...U.S. stocks finished the week on a positive note despite a sell-off in the afternoon. One possible reason for the sell-off is that investors are adjusting their portfolios for the end of the quarter on Monday. Major indices rallied off the opening bell with the Dow Jones Industrial Average...
-
Chen Emphasizes BlackBerry Is A Healthy Company
Friday, March 28, 2014 - 3:11pm | 473Read More...On Friday, CEO of Blackberry (NASDAQ: BBRY), John Chen, spoke with Bloomberg Television's Emily Chang regarding the company's fourth quarter results and outlook. On a positive start to the interview, Emily Chang emphasized the 20 percent increase in share value following Chen's take over as CEO....
-
Market Wrap For February 25: Markets End The Day Relatively Flat
Tuesday, February 25, 2014 - 5:38pm | 2952Read More...U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...
-
BlackBerry's John Chen Continues To Earn The Trust Of Investors
Tuesday, February 25, 2014 - 4:50pm | 477Read More...As BlackBerry's (NASDAQ: BBRY) turnaround continues to gather momentum John Chen -- the company's chief executive officer --- took to the podium at the Mobile World Congress in Barcelona to deliver a speech. Chen said priority number one is to focus on building his company's client base in...
-
BlackBerry Partners With Ford, Could Signal A Turnaround
Monday, February 24, 2014 - 12:47pm | 419Read More...At the North American Auto Show in January 2007, Ford Motors (NYSE: F) president and CEO Alan Mulally along with Microsoft (NASDAQ: MSFT) Chairman Bill Gates announced their Sync partnership. Ford would implement Microsoft technology that allows the driver and passengers in Ford automobiles to make...
-
T-Mobile's iPhone Ad Angers BlackBerry Chief
Thursday, February 20, 2014 - 12:54pm | 344Read More...Millions of once-faithful BlackBerry (NASDAQ: BBRY) users have made a switch to an iPhone device over the past few years. T-Mobile's (NASDAQ: TMUS) recent advertisement is targeting the remaining faithful users, and its irking BlackBerry CEO John Chen. T-Mobile is offering Apple's (NASDAQ: AAPL)...
-
Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Read More...Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...















