BlackBerry’s Exit Plan

BlackBerry’s Exit Plan | Forex Minute - Financial News | Stock Market | Trading Commodities | Binary Options Updates - Forex Minute Portal Home Brokers Forex Brokers Forex Brokers Reviews Forex Signals Forex Rebates Demo Accounts Live Accounts Managed Accounts Global Regulators Contact a Broker Press Releases Binary Options Brokers Binary Options Brokers Reviews Binary Options Articles Binary Options School Binary Options Signals Pair Options Affiliate Programs News Financial News Breaking Forex News Commodities News Bitcoin News Stock Market News Economic Indicators News Tools Financial & Webmaster Tools Economic Calendar Forex News Widget Currency Converter Real Time Forex Quotes Exchange Rates Profit & Loss Calculator Pivot Point Calculator Fibonacci Calculator Blog Widget Live Forex Rates Ticker City Times Ticker RSS Bitcoin Bitcoin Bitcoin News Bitcoin Brokers Bitcoin Exchange Platforms Bitcoin Trading Buy Bitcoins Shorting Bitcoins Bitcoin News Widget Bitcoin Affiliate Programs Opinion Fundamental Fundamental Analysis Market Overview Forex Tips Stock Tips Technical Technical Analysis Reports Technical Outlook Trading Signals Trading Tools Elliott Wave Forecast Education Education Forex Articles Books eBooks Forex Glossary Trading Courses Blog Webinars Ask The Experts Blog More More Economic Calendar Events Interest Rates Webmaster Tools Charts Forum Contribute Software Auto Trading Signals Providers Trading Software ?? Home Brokers Forex Brokers Forex Brokers Reviews Forex Signals Forex Rebates Live Accounts Managed Accounts Global Regulators Contact a Broker Press Releases Binary Options Brokers Binary Options Brokers Reviews Binary Options Articles Binary Options School Binary Options Signals Pair Options Affiliate Programs News Financial News Breaking Forex News Commodities News Bitcoin News Stock Market News Economic Indicators News Tools Financial & Webmaster Tools Economic Calendar Forex News Widget Currency Converter Real Time Forex Quotes Exchange Rates Profit & Loss Calculator Pivot Point Calculator Fibonacci Calculator Blog Widget Live Forex Rates Ticker City Times Ticker RSS Bitcoin Bitcoin Bitcoin News Bitcoin Brokers Bitcoin Exchange Platforms Bitcoin Trading Buy Bitcoins Shorting Bitcoins Bitcoin News Widget Bitcoin Affiliate Programs Opinion Fundamental Fundamental Analysis Market Overview Forex Tips Stock Tips Technical Technical Analysis Reports Technical Outlook Trading Signals Trading Tools Elliott Wave Forecast Education Education Forex Articles Books eBooks Forex Glossary Trading Courses Blog Webinars Ask The Experts Blog More More Economic Calendar Events Interest Rates Webmaster Tools Charts Forum Contribute Software Auto Trading Signals Providers Trading Software ?? Forex Brokers

Do you want one of these brokers to contact you?

YesNo

Forex Brokers

Stock Tips BlackBerry’s Exit PlanBy Forexminute - Jonathan Millet | Stock Tips | Nov 7, 2013 9:00AM UTC

Tweet

The smartphone maker after struggling for the past couple of years, is now planning on exiting the market by abandoning its management operations and sell it off to the major stakeholders, which will result in raising around a one billion dollars from its shareholders and institute investors. The plan is directed towards reviving the fortunes for the company and is basically a milking strategy that has to be used at such a condition where market competitiveness is negligible and profitability suffers.

The Chief Executive Officer of BlackBerry, Mr. Thorsten Heins, stated this week that he would leave the company within two weeks time, provided that the private placement comes to maturity of the funding source for the company i.e. convertible debentures.

The upcoming successor of Mr. Thorsten would be the ex-CEO of Sybase, John Chen, who ran the database and software development firm efficiently which was later acquired by SAP AG in the year 2010. The share price of BlackBerry fell by around 12% on this news where investors didn’t take the sell off plan of BlackBerry as a healthy sign for their investment plans.

Related Articles
Japan’s Nikkei Index Capping an Important Rally Nov 5, 2013Asian Markets react to FED Plan Oct 31, 2013Tech Industry Stocks Oct 18, 2013Asian Markets on the Run Oct 15, 2013Optimism All of a Sudden Oct 10, 2013Sponsored investing with Binary Options

LinkedIn visitors Linked

The largest social networking website for professionals witnessed a healthy boost in the number of unique visitors in the third quarter of 2013, where nearly 142.3 million unique visits were recorded. This notable improvement in traffic and user generation constitutes to around 30% gain from the last year. Out of these 142 million, around 40% of them were professionals, whereas the job postings on the networking platform soared by 24%.

Wall Street

The SP 500 index is doing well so far and is currently trading at its all time high level at 1764 where it has mild resistance set at 1766, breaking of which could allow the bulls to further roll the market and test the 1783 level. However, investors are eying on crucial data that are due today and tomorrow including the ECB statement, U.S. GDP quarterly, unemployment claims and most importantly the NFP and unemployment rate tomorrow. Risk can be taken for sellers with tight stop losses at this level, but it’s better to trade in the U.S. session.

To contact the reporter of this story: Jonathan millet at john@forexminute.com

Tweet More from ForexMinute
Currency Forecast, November 7th 2013 Nov 7, 2013 Australia Facing Unemployment Growth Nov 7, 2013 Asian Stocks Slip after Better Trading Yesterday Nov 7, 2013 Media Fortress Accepting Bitcoins for Its Web Hosting and Development Services Nov 7, 2013 After Gloomy Four Days, Asian Stocks are up Nov 6, 2013 WTI Crude Prices Surging Ahead this Wednesday Nov 6, 2013 Now Trending
Forbes said: PTCVoice: How Google Glass Is Now Being Used During Surgery http://t.co/gO5ycmNQuc @PTC
This happened less than a minute agoCNNMoney.com said: Jack Dorsey has propelled himself into an elite club of revolutionary entrepreneurs. http://t.co/wRZKWTXB4I
This happened less than a minute ago Wall Street Journal said: RT @PhillipaLJ: Join MoneyBeat Europe for our LIVE BLOG of the ECB rate decision today and Mario Draghi's presser. Starting now http://t.co…
This happened less than a minute ago Bloomberg News said: Hutchison faces EU probe into bid for Telefonica's Irish unit | http://t.co/PMux0nauzx
This happened about 3 hours ago
About: Forexminute - Jonathan Millet Jonathan Millet is currently the proud CEO of ForexMinute.com, the brand new financial news portal which is making waves among Forex traders around the globe for the innumerable Forex resources it off... View all of Jonathan Millet's Articles » Profile Articles(562)

Loading Comments… Broker of the Month Forex Brokers Binary Options Top Online Forex Brokers   Review Open Account   Review Open Account   Review Open Account 4 Review Open Account 5 Review Open Account 6 Review Open Account Search More Forex Brokers Reviews Top Online Binary Brokers   Review Open Account   Review Open Account   Review Open Account 4 Review Open Account 5 Review Open Account 6 Review Open Account Search More Binary Options Brokers Stay Connected Forex Minute Blog What is Forex Autotrading?

According to Wikipedia, Forex autotrading is a trading strategy where traders buy and sell orders wh...

Boost Your Forex Profits With Unique Convergence Strategy Sell the Rally, Buy the Valley

This is one of the best publications available for Forex traders who have been waiting for a book th...

When Trading Have Vital Information about the Assets That You are Going to Trade

If you ever come across a book called ‘Forex for Small Speculators’ written by Noble DraKoln, yo...

Forex Price Action Scalping: an in-depth look into the field of professional scalping

Available in paper back, Forex Price Action Scalping: an in-depth look into the field of professiona...

Diversify Your Assets for Greater Benefits

When you are trading you will come across advise from financial advisors who will suggest you that d...

What is Trend Trading? Why is It Recommended?

A norm for traders is to follow trend while trading Forex, it is called Trend Trading. Even Forex ex...

The New Science of Technical Analysis by Thomas R. DeMark: a Book Review

If you are a trader and into technical analysis then, ‘The New Science of Technical Analysis’ wr...

Types of Binary Options: Know Them to Trade Well

Binary options trading has emerged as a leading and popular trading option for traders as here trade...

Beware of Fraud When Trading Forex and Binary Options

When you are trading foreign exchange you need to know certain things about a brokerage firm as by d...

Why is it better to Trade Forex with No Deposit Bonus?

No Deposit Bonus is an attractive idea that you should explore when you are beginning your career in...

Avatars by Sterling Adventures Brokers Promotions Register For Free Forex Minute Newsletters

Sign up to get the latest financial news, trends and analysis free

Forexminute Daily Signals Special Promotions New Features Country Afghanistan Åland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Congo, The Democratic Republic of the Cook Islands Costa Rica Côte D'Ivoire Croatia Cuba Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands (Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Holy See (Vatican City State) Honduras Hong Kong Hungary Iceland India Indonesia Iran, Islamic Republic of Iraq Ireland Isle of Man Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Korea, Democratic People's Republic of Korea, Republic of Kuwait Kyrgyzstan Lao People's Democratic Republic Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macedonia, The Former Yugoslav Republic of Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia, Federated States of Moldova, Republic of Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Northern Mariana Islands Norway Oman Pakistan Palau Palestinian Territory, Occupied Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Reunion Romania Russian Federation Rwanda Saint Barthélemy Saint Helena Saint Kitts and Nevis Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syrian Arab Republic Taiwan, Province Of China Tajikistan Tanzania, United Republic of Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States United States Minor Outlying Islands Uruguay Uzbekistan Vanuatu Venezuela Viet Nam Virgin Islands, British Virgin Islands, U.S. Wallis And Futuna Western Sahara Yemen Zambia Zimbabwe Markets News Technical Analysis Opinion World Indices Stock Market Commodities Tools Economic Calendar Forex News Widget Bitcoin News Widget Currency Converter Exchange rates Forex Services Forex Brokers Reviews Demo Accounts Live Accounts Global Regulators Forex Products Forex Signals Forex Articles About Us About US Advertise Partner With Us Contribute Contact Us Social Media Facebook Twitter Google Plus Linkedin Reddit Forex Blog RSS Pinterest

Risk Warning: All information on this website, including any opinions, charts, prices, news, data, Buy/Sell signals, research and analysis is provided as general market commentary and does not constitute any investment advice. Global Invest is not liable for any damage or loss, including but not limited to, any loss of investment, which may be based either directly orindirectly on the use of or reliance on such information. Before deciding whether or not to take part in foreign exchange or financial markets or any other type of financial instrument, please carefully consider your investment objectives, level of experience and risk appetite. Do not invest more money than you can afford to lose.

Note that the high level of leverage in forex trading may work against you as well as for you. Please seek advice of an independent financial advisor if you are not fully aware about the risks associated with foreign exchange trading. Forex trading on margin involves considerable exposure to high risk, and may not be suitable for all investors. Global Invest does not endorse any companies, products or services which are represented on Forexminute.com The information on this website is subject to change without notice. Read More  

Terms & Conditions Privacy Policy Risk Disclosure Content Providers Press Releases Mobile Site Site Map US 10 YR T-Note+0.09%127.01US 30 YR T-Bond+0.05%133.06Euro Bund+0.07%141.22BTP Italian Gov.-0.27%109.08FGBL+0.36%143.94CT-2.00%90.65NG+1.92%3.946Copper-0.04%3.236Crude Oil+0.27%95.06Natural Gas+2.09%3.571US Cotton No.2-0.52%76.67US Coffee C+0.59%101.78Silver+0.16%21.803Gold-0.20%1,315.10EUR/USD-0.07%1.3504/USD-0.12%0.9420EUR/CHF+0.00%1.2011USD/CAD-0.04%1.0414AUD/USD-0.36%0.9492EUR/GBP+0.01%0.8407USD/CHF+0.09%0.9130USD/JPY+0.05%98.71GBP/USD-0.11%1.6063US Dollar Index+0.07%80.63Japan 225+2.19%14,396.04UK 100+0.00%5666.30DAX+0.40%9,076.80US 30+0.39%15,570.28Nikkei 225-0.76%14,228.44NQ 100 Futures-0.08%3,373.40DJ 30+0.39%15,570.28Nasdaq 100 Futures+0.29%3,383.40FTSE 100+0.10%6,748.50US500 Futures+0.66%1552.45Dow 30+0.82%15,746.88 x Continue to Forexminute.com

.popuptext { font-size:14px; font-family:Arial,Helvetica,sans-serif; font-weight:700 !important; }.popuptext:hover { text-decoration:underline; } .bClose { top:0; color:#727272; right:5px;background:#fff; position:absolute; width:15px; cursor:pointer; }.bClose:hover { color:#999999; }#element_to_pop_up { left: 25% !important; top:10% !important; background:#fff; } var eps_redirect_ajax_url = "http://www.forexminute.com/wp-admin/admin-ajax.php".f_row4 { position:relative; }

View the original article here