• All Share : 51770.59
    DOWN -0.90%
    Top 40 : 4433.67
    DOWN -1.10%
    Financial 15 : 14588.73
    DOWN -1.88%
    Industrial 25 : 59240.79
    DOWN -0.61%

  • ZAR/USD : 10.6763
    UP 0.15%
    ZAR/GBP : 18.0479
    UP 0.11%
    ZAR/EUR : 14.2996
    UP 0.12%
    ZAR/JPY : 0.1038
    UP 0.12%
    ZAR/AUD : 9.9525
    UP 0.12%

  • Gold : 1296.5600
    DOWN -0.02%
    Platinum : 1480.5000
    UP 0.24%
    Silver : 20.6300
    UP 0.06%
    Palladium : 881.0000
    UP 0.69%
    Brent Crude Oil : 105.900
    DOWN -0.57%

  • All data is delayed by 15 min. Data supplied by INET BFA
    Hover cursor over this ticker to pause.

Thu Jul 31 01:21:43 SAST 2014

BlackBerry shares tumble

Reuters | 15 February, 2013 02:25
File picture of former RIM CEO Balsillie
Research In Motion Co-Chief Executive Officer Jim Balsillie.
Image by: File picture / REUTERS

Shares of BlackBerry slipped yesterday after its former co-CEO, Jim Balsillie, disclosed that he had sold his once-sizable stake in the embattled smartphone maker.

In a regulatory filling yesterday, Balsillie said that by the end of last year he had sold his entire stake in the company. Balsillie, who resigned a year ago, owned about 26.8million shares, or a 5% stake in the company, as of December 31 2011. BlackBerry shares were down 3.4% at $13.52 in early trading.

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.
Thu Jul 31 01:21:43 SAST 2014 ::