BlackBerry third-quarter revenue falls more than expected, shares drop


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 says Cuba could offer 'tremendous opportunity'

- 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.

19 Dec 2014

CarMax revenue jumps as easier credit boosts used car sales

- 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.

19 Dec 2014

Legg Mason board OKs new share purchases by top holder Trian

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.

19 Dec 2014

Nike flags slowing growth in western Europe, emerging markets

- 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.

18 Dec 2014

Daimler increases provision for EU cartel probe

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.

18 Dec 2014

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