john chen

As expected, markets were relatively quiet Friday with no economic data aside from natural gas inventory numbers. Many traders and investors are likely sitting on the sidelines until the new year. Major indices started the day with small gains which were slowly erased throughout the day before...

BlackBerry (NASDAQ: BBRY) is set to report its third quarter 2014 results on Friday, before the market opens. Typically results are released at 7:00 a.m. EST, with a conference call to take place an hour later. The consensus estimate for EPS is a loss of $0.44 a share, on revenues of $1.58...

John Chen, BlackBerry's (NASDAQ: BBRY) interim CEO, is in it “for the long haul” according to the company's largest shareholder, Prem Watsa. Prem Watsa, also known as “Canada's Warren Buffett” is the chairman and CEO of Fairfax Financial, a multi-billion dollar fund based out of Toronto. As the...

Steve Ballmer's departure as CEO at Microsoft (NASDAQ: MSFT), and the company's publicized search for a replacement, has dominated headlines in recent months. The company is one of many that is in the process, or have already made changes at the most senior level. Bloomberg reports U.S....

Fairfax Financial on November 7 officially retracted its $4.7 billion offer to buy BlackBerry (NASDAQ: BBRY), but has committed to invest $1 billion with five other strategic partners. The Wall Street Journal reported that Fairfax is teaming up with several other Canadian investments firms and a...

When Thorsten Heins was appointed CEO people wondered who he was and where Blackberry (NASDAQ: BBRY) found him. Heins was seen as a puppet for “departing” co-CEOs Jim Balsillie and Mike Lazaridis and not expected to do much of anything to turn the company around. They were right. Monday, the...

BlackBerry (NASDAQ: BBRY) shareholders woke up on Monday morning to yet another bombshell news report. Fairfax Financial has abandoned its plans to take the Canadian smartphone maker private. Meanwhile, the company's CEO will be stepping down from his post. Fairfax produced a letter on September...