[Reuters] – BlackBerry (BB.TO) (BBRY.O) shares rose more than 6 percent in early trading on Tuesday after investor Daniel Loeb’s Third Point hedge fund disclosed it had bought 10 million shares in the smartphone maker and technology company. Third Point said late on Friday it now owns a 1.9 percent stake in BlackBerry, making it the No. 5 shareholder in the Waterloo, Ontario-based company, according to Thomson Reuters data. Shares in BlackBerry rose 6.8 … [visit site to read more]
Similar Articles:- Stock Update: Caterpillar Inc (NYSE:CAT) – Caterpillar shares unlikely to rise much further, says Wells Fargo
- Google Inc. (NASDAQ:GOOG) | ARM shares rise on Google deal report
- Verizon Communications Inc. (NYSE:VZ) – T-Mobile U.S. third-quarter subscriber growth tops Street; shares rise