The dizzying rise and rapid fall in the shares of drugmaker Valeant Pharmaceuticals International Inc. is eerily familiar to Canadian investors still smarting from the last time a small market was dominated by single stocks — BlackBerry Ltd. 908 more words
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BlackBerry Ltd.’s former co-chief executive Jim Balsillie can rattle a long list of factors behind the company’s stunning fall from the top.
Addressing the Empire Club of Canada in Toronto Tuesday, he discussed many of them: patent lawsuits, aggressive competition from Apple Inc.’s iPhone, the failure of the touchscreen BlackBerry Storm. 653 more words
After weeks of negative media attention, BlackBerry Ltd. is publishing an open letter aimed at reaching out directly to its customer base as part of an attempt to soothe concerns about the health of its business and allay fears regarding the Canadian company’s long term future. 1,524 more words
Just like rock bands, authors and Hollywood stars, technology companies can often attribute their rise to the top to a single smash hit.
For those lucky few who are talented and lucky enough to catch lightning in a bottle, that single No. 1,450 more words
WATERLOO, Ont. — BlackBerry shares moved up five per cent after Canada’s flagship technology company said its board has launched a formal review of its “strategic alternatives” — including the possibility of selling the smartphone company. 587 more words
For BlackBerry Ltd., despite a new name, familiar problems remain.
Chief executive Thorsten Heins is again asking shareholders to remain patient, this time as Canada’s embattled smartphone maker enters the second phase of its ambitious turnaround plan. 768 more words