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Reuters Says Blackberry Interim CEO in 'For the Long Haul'
Thursday, December 5, 2013 - 3:28pm | 304Read More...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...
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BlackBerry Workforce May be Cut Up to 40 Percent (BBRY)
Friday, September 20, 2013 - 9:32am | 669Read More...Things are not going well at BlackBerry (NASDAQ: BBRY). Everybody knows that. The company is getting ready to cut its workforce by as much as 40 percent by the end of the year, according to The Wall Street Journal. As of March, BlackBerry had 12,700 employees. Under the worst-case scenario, by...
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A Non-Public Blackberry Would Likely Find Interesting Investors (BBRY)
Monday, August 12, 2013 - 9:16am | 507Read More...News has swirled of late that the BlackBerry (NASDAQ: BBRY)’s Board of Directors may be open to taking the public private and according to anonymous sources that spoke to Reuters, this might be the best option for the ailing company. The argument, in summation, is that although the company...
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UPDATE: Reuters Reports Blackberry In Talks To Go Private
Friday, August 9, 2013 - 7:43am | 201Read More...Reuters reported overnight that Blackberry (NASDAQ: BBRY) is "warming up to the possibility of going private" as the famed smartphone maker battles to stay solvent. Reuters cited an exclusive conversation with CEO Thorsten Heins that the Board of Directors is increasingly open to the idea as the...
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How Can BlackBerry Make Investors Believe Again? (BBRY)
Tuesday, July 9, 2013 - 8:44am | 576Read More...After a disastrous earnings announcement that left the stock down nearly 32 percent since June 26, Blackberry (NASDAQ: BBRY) executives have some explaining to do. They’ll get that chance Tuesday as the company hosts its annual shareholder meeting 10:00 a.m. EST. Let’s hope CEO Thorsten Heins...
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Why BlackBerry's Thorsten Heins is Dead Wrong About Tablets
Tuesday, April 30, 2013 - 2:29pm | 646Read More...BlackBerry's (NASDAQ: BBRY) CEO Thorsten Heins is making headlines today after sharing his views on the future of tablets. "In five years I don't think there'll be a reason to have a tablet anymore," Heins told Bloomberg. "Maybe a big screen in your workspace, but not a tablet as such. Tablets...
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Can BlackBerry Win Over American Consumers This Weekend?
Friday, March 22, 2013 - 1:50pm | 574Read More...After years of hype and months of anticipation for what could be the comeback of the decade, BlackBerry (NASDAQ: BBRY) has brought its first next-generation handset to the United States. Dubbed the Z10, the new handset comes with a dual-core 1.5GHz processor, 2GB RAM, 16GB memory, 4G LTE, an 8MP...
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BlackBerry CEO Thinks Apple Did a "Fantastic Job" in 2007, Warns iPhone Could be Replaced
Monday, March 18, 2013 - 2:24pm | 502Read More...Apple (NASDAQ: AAPL) changed the world of smartphone development when it introduced the first iPhone in 2007. Since that time, little has changed for the Mac maker's mobile operating system. While iOS has received a number of upgrades to improve its functionality, the core operations have remained...
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Will BlackBerry 10 Provide a "Steve Jobs Moment" for Research In Motion's CEO?
Monday, January 28, 2013 - 4:14pm | 561Read More...From now until the end of time (or at least the end of this century), the media will compare tech company CEOs to Apple (NASDAQ: AAPL) co-founder Steve Jobs. Thorsten Heins, the head honcho at Research In Motion (NASDAQ: RIMM), is one of many leaders to receive this comparison. Bloomberg's Hugo...
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4 Beaten Down Stocks and How They Might Bounce Back
Monday, August 27, 2012 - 1:27pm | 763Read More...While the broad market indices are currently trading near four-year highs, some notable stocks have had terrible performances in recent months. Most of these companies face fundamental problems as technological changes have made their business models largely unworkable. Still, these distressed...
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Research In Motion: Maybe CEO Should Not Have Said "Death Spiral"
Wednesday, July 11, 2012 - 9:19am | 688Read More...If you're the new guy running a multi-billion-dollar company that analysts say is in a death spiral, you might want to avoid the words “death spiral” in one of your first major press interviews. Yet new Research In Motion (NASDAQ: RIMM) CEO Thorsten Heins was quoted by the Canadian Broadcasting...
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Research In Motion Down 17% After Another Terrible Quarter
Friday, June 29, 2012 - 10:26am | 405Read More...Struggling Blackberry-maker Research In Motion (NASDAQ: RIMM) released fiscal first-quarter earnings on Thursday after the closing bell. In what has become a quarterly tradition for the company, the stock is getting decimated on Friday after yet another disastrous report. In the early going, RIMM...
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Jefferies Comments on New Management at Research In Motion
Wednesday, May 9, 2012 - 8:36am | 120Read More...Jefferies & Company has published a research report on Research In Motion (NASDAQ: RIMM) ahead of the company's two senior appointments today. In the report, Jefferies writes, "RIM announced the hiring of Kristian Tear as COO and Frank Boulben as CMO on Tuesday. We believe new CEO Thorsten...
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Blackberry Hurting in US Market; Dominating in the UK
Tuesday, January 31, 2012 - 11:17am | 505Read More...It has become a popular belief in the U.S. that without an iPhone or Android, you are falling behind the times. With Blackberrys increasingly being seen as a thing of the past, it seems most users have turned their back on the once dominant smartphone. What some may be surprised to know is that in...
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Morgan Keegan Maintains Market Perform on Research In Motion
Monday, January 23, 2012 - 3:03pm | 198Read More...Morgan Keegan has published a research report on Research In Motion (NASDAQ: RIMM) commenting on the company's new CEO naming and that shares traded down after the announcement that the position was given to an in-house hire. In the report, Morgan Keegan writes, "[Thorsten] Heins indicated in his...
