Tagged: BBRY

Blackberry To Cut 4,500 Jobs

Beleaguered smartphone maker, Blackberry (NASDAQ: BBRY) announced on Friday that it will slash 4,500 jobs or 40% of the total global workforce. Blackberry, once considered as a pioneer of the smartphone industry, anticipates posting...

Stocks End Lower

Stocks ended lower in trading on Friday as uncertainty over the Federal Reserve’s bond purchase program weighed down sentiment. Stocks also slipped amid concerns over the debt-ceiling issue. Earlier this week, stocks had rallied...

Stocks Turn Lower By Mid-Day Trade

Stocks swung to negative territory by mid-day trade as market participants wait for the policy rate statement from the Federal Reserve, later in the afternoon. At last check, the Dow Jones edged down 0.27%;...

Stocks Extend Losses

U.S stocks held losses by mid-day trading on Friday and major averages were heading to post a worst weekly performance since June as the market sentiment remained unenthusiastic due to uncertainty over the tapering...

Market Update After Hours February 4

Market Summary Dow Jones 13,880.08 -129.71 (-0.93%) S&P 500 1,495.71 -17.46 (-1.15%) Nasdaq 3,131.17 -47.93 (-1.51%) Gainers Acme Packet, Inc. (NASDAQ:APKT) 29.59 +5.66 (23.65%) Oracle Corp. announced it has agreed to buy Acme Packet...