Blackberry was due to announce it’s second quarter results via a conference call this morning (Friday, September 27, 2013) but cancelled as rumours circulated the troubled smartphone giant was the subject of a tentative buyout bid from its largest shareholder, FairFax Financial Holdings.
Month: September 2013
Remember when we told you that AOL CEO, Tim Armstrong, fired an employee during a conference call to over 1,000 other AOL staff? Well a CNN reporter quizzed him on whether he feels the decision was justified – and he said that it was!
Have you ever taken a conference call while commuting? How about when out shopping? Or lying in bed? If so, you’re not alone, as a recent study from career website eFinancialCareers found that over half of us (54%) don’t pay full attention when on a conference call.
After seeing a recent tumble in its share price, Microsoft has announced a share buyback scheme worth $40billion and will raise shareholder dividend payments by 22%.
The announcement comes shortly after it saw its share price drop by 5% following its acquisition of Nokia’s phone business for $7billion and has seen the company’s stock rise by 1.4%.