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Tesla, BlackBerry, Visa, SolarCity and BlackBerry are big market movers

NEW YORK, N.Y. - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE PG Federal criminal charges are likely, the power company said, in a fatal gas pipeline explosion in the San Francisco Bay Area. Visa Inc., down $3.68 to $212.09 Wal-Mart is suing the world's largest processor of debit and credit card payments over fees it was charged for transactions. Red Hat Inc., down $3.90 to $52.23

Toronto, Wall Street end the week higher as BlackBerry shares fall on earnings

TORONTO - The Toronto stock market closed sharply higher amid expectations that China will move to counter its economic slowdown, but an earnings report from Canadian smartphone maker BlackBerry Ltd. failed to inspire investors. The S BlackBerry CEO John Chen says he is focused on growing the struggling smartphone company and has no intention of moving its main operations outside Canada.

BlackBerry posts fresh losses, but sees upside

BlackBerry reported fresh losses Friday but offered some reasons for optimism as the smartphone maker struggles to escape from a death spiral. The Canadian firm reported a loss of $423 million in the fourth quarter of its 2014 fiscal year, as revenues sank. Revenues fell to $976 million in the fourth quarter -- down from $2.7 billion 12 months earlier. Sales of smartphones fell from 1.9 million to 1.3 million in the fourth quarter, the company said.

BlackBerry revenue falls below a $1 billion as company sells few new BlackBerrys

TORONTO - BlackBerry reported a steep drop in profit and revenue Friday as it transitions from a smartphone company to a software business under its new chief executive. Shares jumped 7 per cent in premarket trading as CEO John Chen cut expenses quicker than expected. The Canadian company lost $423 million, or 80 cents per share. Adjusted for one-time items, however, the company lost 8 cents per share, much better that the losses of 56 cents per share that Wall Street had expected, according to a poll by FactSet.

New BlackBerry phones to cater to keyboard aficionados: CEO

By Euan Rocha TORONTO (Reuters) - BlackBerry Ltd plans to introduce high-end smartphones that cater to keyboard aficionados in the coming 18 months, in an effort to win back core corporate and government clients who have shunned the company's touch-screen devices. Chief Executive John Chen said in an interview that the company's engineers have designed at least three different next-generation handsets that are being "kicked around right now."

New BlackBerry phones to cater to keyboard aficionados: CEO

By Euan Rocha TORONTO (Reuters) - BlackBerry Ltd plans to introduce high-end smartphones that cater to keyboard aficionados in the coming 18 months, in an effort to win back core corporate and government clients who have shunned the company's touch-screen devices. Chief Executive John Chen said in an interview that the company's engineers have designed at least three different next-generation handsets that are being "kicked around right now."

S. Korean pop singer Rain wins Chinese music award

SEOUL, March 28 (Yonhap) -- South Korean pop singer and actor Rain has received an award for most influential overseas artist from a Chinese online music service, his management agency said Friday. Rain got the award and performed two of his latest songs during the "QQ Music Awards" show held in the southern Chinese city of Shenzhen on Thursday, Cube Entertainment said. QQ Music Awards is an awards ceremony hosted by China's music site QQ Music, which has hundreds of millions of members.

Swedish eye tracking technology firm Tobii plans IPO: report

STOCKHOLM (Reuters) - Swedish eye tracking technology firm Tobii, co-owned by chipmaker Intel, is planning a stock market listing which could value the firm at around 2 billion crowns ($309 million), business daily Dagens Industri reported. Tobii, which develops eye-controlled devices that can be used in computer interaction and in human behavior analysis, was founded in 2001 and employs around 380, according to its website.

BlackBerry gets 'full operational capability' designation from US Defense Dept

WATERLOO, Ont. - BlackBerry has earned a "full operational capability" designation from the U.S. Defense Department for its BlackBerry 10 smartphones and enterprise service, the smartphone company said Thursday. BlackBerry (TSX:BB) said the security certification will allow U.S. government employees to securely access email, data, apps and other department network resources using the company's latest smartphones. The designation completes BlackBerry's security certification process with the U.S. Defense Department, the company said.

Judge tosses lawsuit against Facebook over use of minors' photos

NEW YORK (Reuters) - A California federal judge has dismissed a proposed class action lawsuit against Facebook Inc that had accused the company of misappropriating the names and likenesses of minors who use the social network. At issue was Facebook's use of minors' names and photos in targeted advertising in a case that highlighted privacy concerns. The lawsuit, originally filed in Illinois in 2011, had sought to represent all minors that used Facebook and had their names used in an ad.
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