TORONTO - BlackBerry Ltd on Friday reported a bigger-than-expected drop in third-quarter revenue, sending shares of the struggling smartphone maker lower, even as it eked out a small adjusted profit and began generating cash flow again.
- Carnival Corp , the world's largest cruise operator, said Cuba would present "a tremendous opportunity" if the United States ended its economic embargo on the Caribbean nation.
- CarMax Inc , the largest U.S. used-car seller, reported a 16 percent rise in quarterly revenue as easier availability of credit helped it sell more pre-owned vehicles at higher prices.
BOSTON - Baltimore asset manager Legg Mason Inc's board has approved additional future share purchases by its top investor, Trian Fund Management, according to company filing on Friday.
- Nike Inc's futures orders rose at its slowest pace in four quarters, indicating weakening demand for the sportswear maker's products in emerging markets and western Europe.
FRANKFURT - Germany's Daimler said on Thursday it was setting aside an additional 600 million euros ($740 million) to cover potential costs related to an antitrust investigation into truckmakers by the European Commission.