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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Cisco Systems Aug 14 (Reuters) - U.S. and Canadi an companies have continued to cut jobs in 2024 after letting go thousands last year, a s they remain uncertain about t he econom i c conditions . Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Cisco Systems CSCO.O will lay off 7% of its global workforce , as part of a restructuring plan, the networking giant said, about six months after announcin
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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Paramount Global Aug 9 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime uni
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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Intel layoffs Aug 2 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime unit ,
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Canada - July 30

PRESS DIGEST-Canada - July 30 July 30 (Reuters) - The following is the top story from selected Canadian newspapers. Reuters has not verified the story and does not vouch for its accuracy. THE GLOBE AND MAIL ** BlackBerry's BB.TO chief financial officer Steve Rai has left the company, the latest in a series of high-level exits by loyalists of former chief executive officer John Chen since his departure from the Canadian technology icon last November.
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BlackBerry names insider Tim Foote as CFO

BlackBerry names insider Tim Foote as CFO July 29 (Reuters) - Canada's BlackBerry BB.TO said on Monday Tim Foote will succeed Steve Rai as chief financial officer, effective immediately, as the cybersecurity company looks separate its internet of things (IoT) and cybersecurity businesses. Foote, who has been with the company for close to a decade, was most recently CFO of the cybersecurity division.
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Judge strikes claims from sexual harassment suit against BlackBerry, The Globe and Mail

MEDIA-Judge strikes claims from sexual harassment suit against BlackBerry, CEO - The Globe and Mail -- Source link: https://tinyurl.com/2aj45llk -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Blackberry Introduces CylanceMDR Pro Expansive Platform Ecosystem Powered By AI

BRIEF-Blackberry Introduces CylanceMDR Pro Expansive Platform Ecosystem Powered By AI July 17 (Reuters) - BlackBerry Ltd BB.TO : BLACKBERRY INTRODUCES CYLANCEMDR PRO: EXPANSIVE PLATFORM ECOSYSTEM POWERED BY AI BLACKBERRY LTD - CYLANCEMDR PRO AVAILABLE JULY 31, 2024 Source text for Eikon: ID:nCNWQY5s2a Further company coverage: BB.TO ( Reuters.Brief
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Toronto market climbs to 2-week high on broad-based gains

CANADA STOCKS-Toronto market climbs to 2-week high on broad-based gains TSX ends up 0.7% at 21,942.16 Posts its highest closing level since June 12 Energy adds 1.3%; oil settles 1% higher BlackBerry up 10.5% on Q1 revenue beat Updates at market close By Fergal Smith June 27 (Reuters) - Canada's main stock index rose to a two-week high on Thursday, with heavily weighted financials and energy among the sectors to make headway in a broad-based move as long-term borrowing costs eased and commodity p
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U.S. STOCKS Tempus AI, AeroVironment, Gold miners

BUZZ-U.S. STOCKS ON THE MOVE-Tempus AI, AeroVironment, Gold miners Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes were flat on Thursday, as investors assessed a string of economic data ahead of the Federal Reserve's closely watched inflation report, while Micron and pharmacy chain Walgreens Boots Alliance slumped on disappointing forecasts.
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U.S. STOCKS Verona Pharma, McCormick, gold miners

BUZZ-U.S. STOCKS ON THE MOVE-Verona Pharma, McCormick, gold miners Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq slightly fell while other indexes were flat to slightly higher on Thursday, as a dip in Treasury yields after a string of economic data boosted megacap stocks.
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TSX climbs on broad inclines; US inflation data on tap

CANADA STOCKS-TSX climbs on broad inclines; US inflation data on tap TSX up 0.4% BlackBerry up on Q1 revenue beating estimates Updated at 10:28 a.m. ET By Nikhil Sharma June 27 (Reuters) - Canada's main stock index rose on Thursday amid broad gains, led by energy shares tracking higher oil prices, while investors awaited key U.S. inflation data due this week to get more hints on the Federal Reserve's monetary policy outlook.
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Futures edge lower as Micron drags chip stocks down ahead of data

US STOCKS-Futures edge lower as Micron drags chip stocks down ahead of data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Durable goods, jobless claims, GDP data eyed Levi Strauss slumps after missing revenue expectations Walgreens falls after results Futures down : Dow 0.18%, S&P 500 0.16%, Nasdaq 0.20% Updated at 7:14 a.m.
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Futures dip as Micron drags down chip stocks ahead of economic data

US STOCKS-Futures dip as Micron drags down chip stocks ahead of economic data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.18%, S&P 500 0.16%, Nasdaq 0.20% June 27 (Reuters) - U.S. stock index futures dropped on Thursday, as Micron Technology slumped after an unimpressive current-quarter forecast and dragged down other chip stocks, while caution ahead of economic data and a presidential debate also dented sentimen
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BlackBerry Ltd reports results for the quarter ended in May - Earnings Summary

BlackBerry Ltd reports results for the quarter ended in May - Earnings Summary BlackBerry Ltd BB.TO reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended in May, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of six analysts for the quarter was for a loss of 4 cents per share.
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BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services

BlackBerry beats estimate for Q1 revenue on strong demand for cybersecurity services June 26 (Reuters) - Canada's BlackBerry BB.TO , BB.N beat first-quarter revenue estimates on Wednesday, driven by a resilient demand for cybersecurity services in the wake of growing online threats. U.S.-listed shares of the company, which provides cybersecurity and data protection services to enterprises and governments, rose 7.2% after the bell.
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BlackBerry Ltd reports results for the quarter ended in January - Earnings Summary

BlackBerry Ltd reports results for the quarter ended in January - Earnings Summary BlackBerry Ltd BB.TO reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of five analysts for the quarter was for a loss of 4 cents per share.
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Blackberry Q1 Revenue USD 144 Million Vs. IBES Estimate USD 134.1 Million

BRIEF-Blackberry Q1 Revenue USD 144 Million Vs. IBES Estimate USD 134.1 Million Jun 26 (Reuters) - Blackberry Q1 cash & investments USD 283 million. Q1 operating income USD -39 million Q1 adjusted operating income USD -12 million
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Morning News Call - Canada, June 26

Morning News Call - Canada, June 26 To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.refinitiv.com/MorningNewsCallENsubscriptionpage COMPANIES REPORTING RESULTS June 26: BlackBerry Ltd: Expected Q1 loss of 4 cents per share CORPORATE EVENTS 0800 Alimentation Couche-Tard Inc: Q4 earnings conference call 1400 CI Financial
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Morning News Call - Canada, June 25

Morning News Call - Canada, June 25 To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.refinitiv.com/MorningNewsCallENsubscriptionpage ECONOMIC EVENTS 0830 CPI inflation mm for May: Expected 0.3%; Prior 0.5% 0830 CPI inflation yy for May: Expected 2.6%; Prior 2.7% 0830 CPI BoC core yy for May: Prior 1.6% 0830 CPI BoC core
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Blackberry Reports 40 Percent Increase In New Malware Used In Cyberattacks

BRIEF-Blackberry Reports 40 Percent Increase In New Malware Used In Cyberattacks June 25 (Reuters) - BlackBerry Ltd BB.TO : BLACKBERRY REPORTS 40 PERCENT INCREASE IN NEW MALWARE USED IN CYBERATTACKS Source text for Eikon: ID:nCNWnX5Zqa Further company coverage: BB.TO
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