Euan's Feed
Aug 6, 2014

BlackBerry’s new service wins key clearance from U.S. Defense agency

TORONTO (Reuters) – BlackBerry Ltd said on Wednesday its Android and iOS device-management service has won a key security clearance from the U.S. Defense Information Systems Agency (DISA).

The company said the DISA clearance will allow its customers in various U.S. Department of Defense agencies to begin to use its BlackBerry Enterprise Service (BES) 10 system to manage and secure devices powered by Google Inc’s Android operating system and Apple Inc’s iOS software.

Aug 5, 2014

BlackBerry closes chapter on restructuring process -internal memo

TORONTO, Aug 5 (Reuters) – BlackBerry Ltd has
concluded a protracted and painful restructuring process and is
back on a growth footing, according to an internal memo to all
its employees viewed by Reuters.

“We have completed the restructuring notification process,
and the workforce reduction that began three years ago is now
behind us,” said the memo from BlackBerry’s Chief Executive John
Chen that was sent out on Friday.

Aug 1, 2014

Analysis – Canada’s telcos burst into banking, healthcare in hunt for growth

TORONTO August 1 (Reuters) – Canada’s three biggest telecom firms, keen to keep shareholders happy with fat dividends, are breaking into businesses ranging from banking to healthcare to drive growth as they run out of expansion options and shy away from overseas purchases.

BCE Inc (BCE.TO: Quote, Profile, Research), Rogers Communications Inc (RCIb.TO: Quote, Profile, Research) and Telus Corp (T.TO: Quote, Profile, Research) dominate their industry in Canada but with landline connections on the wane, cable TV losing out to online portals and wireless growth slowing, Canada’s telecom giants are pushing into uncharted businesses.

Aug 1, 2014

Canada’s telcos burst into banking, healthcare in hunt for growth

TORONTO August 1 (Reuters) – Canada’s three biggest telecom firms, keen to keep shareholders happy with fat dividends, are breaking into businesses ranging from banking to healthcare to drive growth as they run out of expansion options and shy away from overseas purchases.

BCE Inc (BCE.TO: Quote, Profile, Research, Stock Buzz), Rogers Communications Inc (RCIb.TO: Quote, Profile, Research, Stock Buzz) and Telus Corp (T.TO: Quote, Profile, Research, Stock Buzz) dominate their industry in Canada but with landline connections on the wane, cable TV losing out to online portals and wireless growth slowing, Canada’s telecom giants are pushing into uncharted businesses.

Jul 29, 2014

BlackBerry buffs up security credentials with Secusmart deal

NEW YORK (Reuters) – BlackBerry Ltd (BBRY.O: Quote, Profile, Research, Stock Buzz) (BB.TO: Quote, Profile, Research, Stock Buzz) is buying a privately held German firm that specializes in voice and data encryption, it said on Tuesday, in a bid to burnish its credentials with highly security-conscious clients like government ‎agencies.

The Waterloo, Ontario-based smartphone maker did not disclose the terms of its deal to acquire Secusmart GmbH, which specializes in encryption and anti-eavesdropping services for governments, companies and telecommunications service providers.

Jul 25, 2014

Dell, BlackBerry downplay threat from Apple-IBM alliance

TORONTO, July 25 (Reuters) – IBM Corp’s recent move
to partner with Apple Inc to sell iPhones and iPads
loaded with corporate applications has excited investors in both
companies, but two rivals say they are unperturbed for now.

Top executives at Dell and BlackBerry Ltd scoffed at
the threat posed by the alliance this week, arguing the tie-up
is unlikely to derail the efforts of their own companies to
re-invent themselves.

Jul 24, 2014

Talisman, boosted by Repsol talk, may be worth more in pieces

CALGARY/TORONTO, July 24 (Reuters) – Canadian oil and gas
producer Talisman Energy, approached by Spain’s Repsol
for talks over a potential deal, may find that its
appeal lies more in its individual assets than as a candidate
for a complete takeover.

Talisman, which has a market capitalization of nearly $11
billion ($10.2 billion), has long been considered a takeover
target as its stock slumped on weak natural gas prices.

Jul 24, 2014

Bombardier to cut 1,800 jobs, aerospace head retires

TORONTO, July 23 (Reuters) – Struggling with long delays in
its CSeries jetliner, aircraft maker Bombardier Inc on
Wednesday announced it will reorganize its business structure
and cut 1,800 jobs, and it said the head of its aerospace
division would retire.

The Montreal-based company is splitting its aerospace unit
into three segments focused on business aircraft, commercial
aircraft and aerostructures and engineering services.

Jul 23, 2014

Canada’s BCE to take Bell Aliant private in $3.7 billion deal

TORONTO (Reuters) – Canada’s largest telecom company, BCE Inc, said on Wednesday it will pay C$3.95 billion ($3.68 billion) to take regional telecom Bell Aliant BA.TO private, buying the 56 percent stake it does not already own to cut expenses and bolster its offerings in Atlantic Canada.

Toronto-based BCE said the deal will result in C$100 million in annual cost savings, partly due to the elimination of duplicate public company costs.

Jul 21, 2014

Wary investors slow to warm to Barrick Gold’s latest shakeup

TORONTO, July 21 (Reuters) – Worried they are being given
the cold shoulder by an imperious leadership, shareholders of
Barrick Gold Corp, the world’s biggest gold miner, are
taking a “show me” approach to the company’s latest management
shakeup.

Barrick said last week that Chief Executive Jamie Sokalsky
will leave the company in September. He will be replaced by two
co-presidents, a move that concentrates power in the hands of
Executive Chairman John Thornton, a man handpicked for the job
by Peter Munk, who founded the company and ran it his way for
decades.

    • About Euan

      "Euan Rocha covers mining and minerals in Canada, where he focuses on gold, base metals and fertilizer companies. Euan, who is currently based in Toronto, has previously worked with Reuters in the United States and India. While based in New York for four years, Euan headed the Reuters Alerts team, before moving on to cover the U.S. chemical industry. Euan began his career with Reuters in Bangalore, India in 2004."
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