Posts Tagged: "BlackBerry News"

BlackBerry Shares Rise due to Software Sales

- - BlackBerry
BlackBerry Shares Rise due to Software Sales

On Thursday, stronger-than-expected profits were reported by Canada’s BlackBerry Ltd. as software sales hit a record. The software has a high-margin, which gave profits a boost and increased investor confidence in the company’s turnaround. This eventually led to a rise in share price by nearly 14 percent. In the second...

BlackBerry Investors Lose Patience

- - BlackBerry
BlackBerry Investors Lose Patience

After hitting a two-year high in June, shares of BlackBerry Ltd. have been plunging after competitive threats and lackluster earnings have paved the way for doubts about the prospects of a turnaround at the company. The US traded shares of the business software maker had lost about a quarter of...