Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  BlackBerry Ltd    BB   CA09228F1036

BLACKBERRY LTD (BB)
Mes dernières consult.
Most popular
  Report  
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Research In Motion Ltd : RIM Former CEO No Longer Owns BlackBerry Maker Stock-Filing

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/14/2013 | 05:06pm CET

TORONTO--Jim Balsillie, a former co-chief executive of Research In Motion Ltd. (BBRY) and one of Canada's richest men, has sold all his remaining shares in the company, according to a regulatory filing released Thursday.

Mr. Balsillie stepped down as co-CEO, and then from RIM's board, last year during a wide-ranging executive overhaul at the BlackBerry maker. Since then, he has retreated from the public spotlight. He had owned as much as 5.1% stake as recently as late 2011, but now holds no shares, according to the filing.

RIM opened up trading in New York down 92 cents, or 6.6%, at $13.07. That selling follows a 7.9% decline in RIM's share price on Wednesday.

Mr. Balsillie joined RIM in 1992, then a small company and the brainchild of co-founder Mike Lazaridis, who also stepped down as co-CEO last year but remains on the board and is still a major shareholder.

Mr. Balsillie was the hard-charging front man for the company, pushing BlackBerrys as the must-have device for politicians and businessmen. He helped expand the company internationally and build it into a recognized brand.

Before Mr. Balsillie's Thursday filing with the U.S. Securities and Exchange Commission, he had previously been one of RIM's biggest shareholders. He held about a 5.1% stake in RIM as of the end of 2011, according to the most recently available data, making him at the time the company third largest shareholder.

Mr. Lazaridis owned 5.7% of RIM, as of May 2012, according to RIM's most recent proxy circular.

Thorsten Heins took over from Messrs. Balsillie and Lazaradias as CEO in early 2012 and has bet the company's future on the newly launched BlackBerry 10 operating system and two new smartphone devices that will run off it.

-Write to Ben Dummett at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BLACKBERRY LTD
02/15AN OFFER YOU CAN’T REUSE : How BlackBerry Workspaces Can Help Your Sales T..
PU
02/08BLACKBERRY : Three Factors Contributing to Tightening Truckload Capacity and How..
PU
02/06BLACKBERRY : Three Reasons Your Mobile Banking Experience Could be Killing Custo..
PU
02/06BLACKBERRY : Today BlackBerry Limited (BB) Stock Reaches 52-Week High
AQ
02/05BLACKBERRY : New SHIELD Advisor Program Raises Bar for Security Certification
PU
01/31DIGITAL TRANSFORMATION : How BlackBerry Will Help Secure a Hyperconnected World
PU
01/30BLACKBERRY LTD : Toronto Exchanges Stock Review BlackBerry Mitel Networks Sierra..
AC
01/17BLACKBERRY : Radar Partners with Pana-Pacific, Expanding its Distribution Networ..
PU
01/16BLACKBERRY : Launches Cybersecurity Product 'BlackBerry Jarvis'
AQ
01/16BLACKBERRY : Don’t Panic
PU
More news
News from SeekingAlpha
03:07aBY THE NUMBERS : Cheap Stocks With Solid Fundamentals 
02/16Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q4 2017 Update 
02/15BLACKBERRY : Those Bootloops Run On QNX, But Fiat Chrysler Was Already Lost 
02/12Apple Preparing To Eat BlackBerry's Lunch, Part 2 
02/01Buy Facebook Instead Of Snap - Cramer's Lightning Round (1/31/18) 
Financials ($)
Sales 2018 1 053 M
EBIT 2018 10,7 M
Net income 2018 402 M
Finance 2018 1 600 M
Yield 2018 -
P/E ratio 2018 43,64
P/E ratio 2019
EV / Sales 2018 4,64x
EV / Sales 2019 5,21x
Capitalization 6 481 M
Chart BLACKBERRY LTD
Duration : Period :
BlackBerry Ltd Technical Analysis Chart | BB | CA09228F1036 | 4-Traders
Technical analysis trends BLACKBERRY LTD
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 9,56 $
Spread / Average Target -21%
EPS Revisions
Managers
NameTitle
John S. Chen Executive Chairman & Chief Executive Director
Steven M. Capelli Chief Financial Officer
Mike Webber Chief Information Officer
Barbara G. Stymiest Independent Director
Vivian Prem Watsa Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BLACKBERRY LTD7.37%6 445
AT&T-6.35%223 521
CHINA MOBILE LTD.-6.37%194 230
NTT DOCOMO INC-0.85%97 504
SOFTBANK GROUP CORP-4.49%91 465
VODAFONE GROUP-14.95%75 170