Tag Archives: investors
BlackBerry didn’t dupe investors over stock value, rules judge
Failings don’t equate to fraud
A class action brought by disaffected BlackBerry shareholders, accusing the troubled manufacturer of trying to hide its falling market position, has been thrown out by a US judge. The action, filed by investor Robert Shemian, sought to recover losses on behalf of other US shareholders who bought the company’s stock from December 2010 through to June 2011 when shares in BlackBerry – then known as RIM – commanded as much as $75. Continue reading
Vodafone gives short shrift to unhappy investors
Despite disappointment over Verizon windfall, they’re told firm’s dividend is still best in Europe
Vodafone investors unhappy with the operator’s decision not to share out its £2.4 billion Verizon windfall have been told the move is in their best long-term interests. Yesterday [November 13th 2012] Britain’s biggest mobile carrier reported a shock loss in the first six months of the financial year, writing off £5.9 billion from its Spanish and Italian businesses due to the prolonged recession. Continue reading
Mobile needs innovation, not just profit: Female Friday with Shaherose Charania
It’s the last Friday of August, and that means it’s time for this months Female Friday feature on GoMo News! Shaherose Charania is VP of Opinno Social and Director of Opinno San Francisco – a company dedicated to connection innovators with investors. Shaherose has a long history with mobile companies, including JAHJAH and Ribbit, and works primarily with mobile and connectivity innovators through Opinno. But she’s also the co-founder and CEO of Women 2.0, which supports woman-led startups in Silicon Valley. Continue reading
