BlackBerry Ltd. investors are buying into John Chen's turnaround strategy in his first year at the helm - so much so that the stock is on track to beat the Nasdaq Composite Index this year for the first time since 2009.
In 2014, few companies have enjoyed as much momentum as BlackBerry Ltd. (TSX: BB)(Nasdaq: BBRY). Under the leadership of new CEO John Chen, the firm has cut costs, sold non-core assets, and zeroed in on its core enterprise customers.
Mr. Chen officially joined BlackBerry as executive chairman on Nov. 4 last year as part of a larger plan engineered by shareholder Fairfax Financial Holdings Ltd., in which the company received a US$1-billion cash injection from the sale of convertible ...
The taste of BlackBerry Ltd. (TSX: BB)(NASDAQ: BBRY) is on the tip of every tech pundit's tongue these days. The company is getting a lot of ink, or pixels in this case, and I thought we should take a moment to try to clear the air a bit.