BlackBerry Plans Share Buyback to Offset Employee Incentives

BlackBerry Ltd. plans to buy back and cancel as many as 12 million shares, or 2.6 percent of its public float, to offset a new employee share purchase plan.

BlackBerry CEO pens open letter ahead of Classic launch

TORONTO (Reuters) - BlackBerry Ltd Chief Executive John Chen penned an open letter to current and former BlackBerry users on Wednesday in a push to create some buzz for the company's new BlackBerry Classic device, which is set to debut later this year.

BlackBerry looks to long turnaround despite sliding sales

BlackBerry posted a net loss of $207m (£127m) in its second quarter as it revealed that revenues are continuing to fall, just days after launching a new handset.

BlackBerry may exit handset business if it can't make profit, says CEO

The struggling handset and services company BlackBerry may stop selling handsets if it cannot do so profitably, its chief executive officer John Chen says, as he looks to expand its corporate reach with investments, acquisitions and partnerships.

BlackBerry revenues fall below $1bn but John Chen sees signs of recovery

Struggling smartphone maker BlackBerry saw its quarterly revenues fall below $1bn (£601m) for the first time in seven years in the three months to March, recording its ninth successive quarter of operating losses and ending its fiscal year with net losses of $5.8bn.

Blackberry shakes up senior management

Struggling smartphone maker Blackberry has shaken up its top management as part of its continuing reorganisation.

BlackBerry Takeover Bid Collapses; CEO Heins Ousted

BlackBerry Ltd. (BBRY), coping with the collapse of a $4.7 billion buyout by Fairfax Financial Holdings Ltd. (FFH), will raise $1 billion in convertible bonds and seek a new chief executive officer for the struggling company.