BlackBerry halted trading in its shares to announce what some might argue was inevitable: the company says it is now exploring strategic alternatives, including a possible sale or Joint Venture or other partnership. A committee chaired by Timothy Dattels and including CEO Thorsten Heins has been formed to look for alternatives.
Mining companies and a handful of acquisitions were in focus on an otherwise quiet day on the stock market.Gold rose for a fourth day on reports of increased demand from China and silver gained the most in three weeks.
Mining companies and a handful of corporate deals are in focus on Wall Street on an otherwise quiet summer day on the stock market. Stock indexes were lower in early trading as investors reacted to a report of weak economic growth in Japan. By midday the market was moving between small gains and losses.