23th. Good evening, im susie herera. Well, we begin tonight with big news in technology, the struggling pioneer, blackberry, may have just received the call it has been waiting for. The onetime tech giant getting a lifeline from a consortium based fairfax holdings, which would involve a deal worth about 4. 7 billion. Fairfax owns about 10 of the companys shares and after news of the deal halting trading for about an hour, shares of blackberry ended 1 higher on very heavy volume. Still shy of the nine dollars a share that fairfax agreed to pay. Not a done deal by any means, they have six weeks to conduct Due Diligence, while blackberry can shop for a better deal if they can find one. Joining me now, the Senior Analyst, peter, welcome. What is your take on this particular deal, it seems to me it is kind of putting a floor on the stock so that the market cant push it any lower, certainly like it did last week. That is it is going to do, but also importantly, operationally, it will continu
Over at jaffrays. And there was a very different story at apple, they sold a staggering nine million of their newest iphones over the weekend, nearly doubling the analysts forecasts, nearly doubling the outcome for the quarter. Take a look at investors, sending shares 23 higher today at 490. 64, more on apples most successful debut yet. Apple stock moving higher in todays trade, after the Company Reported selling way more new iphones than analysts had expected. Demand for the 5s with its new camera and Fingerprint Technology exceeding supplies. Also, 200 million downloads of the new mobile operating system. Gene munster of jaffray says it answers some of the criticisms they have faced. There are a lot of questions about the innovation, and i think they have addressed a lot of that regarding the demand. You know, it looks like they have good things to come over the next year and a half. With such strong numbers, apple now telling investors to expect the highest number of their investmen
Frontier, why this traditional industry is finding ways to make money on the internet. All that on todays nightly Business Report on september 23th. Good evening, im susie herera. Well, we begin tonight with big news in technology, the struggling pioneer, blackberry, may have just received the call it has been waiting for. The onetime tech giant getting a lifeline from a consortium based fairfax holdings, which would involve a deal worth about 4. 7 billion. Fairfax owns about 10 of the companys shares and after news of the deal halting trading for about an hour, shares of blackberry ended 1 higher on very heavy volume. Still shy of the nine dollars a share that fairfax agreed to pay. Not a done deal by any means, they have six weeks to conduct Due Diligence, while blackberry can shop for a better deal if they can find one. Joining me now, the Senior Analyst, peter, welcome. What is your take on this particular deal, it seems to me it is kind of putting a floor on the stock so that the
Cardinal electors filed into the Sistine Chapel and one by one took the oath of secrecy beneath michelangelos iconic frescos. The enormity of the moment and setting wasnt lost on Cardinal Timothy dolan of new york who seemed noticeably in awe of the scene above and around him. A feeling he described on his radio show earlier that day. Its sort of a unique special morning, huh. I never thought id be doing what im about to do. I just hope i see you soon. Reporter and with two simple and ancient words. Extra omnes. Reporter simply everybody out and so it began. When we do not know when it will end Cardinal Dolan offered a guess that wed have a new pope by thursday night to colleagues. And so it continues and again when that black smoke poured forth it would also mean that the electorate, the 115 cardinals inside the Sistine Chapel would then return to their residence, the santa marta house for lunch and more discussion and really, robin, the first real politicking of the day before the vo
Dubois good evening. Scott is off tonight, im maurice dubois. This is are western edition of the broadcast. Today we got to see for the first time how the release of u. S. Army Sergeant Bowe bergdahl went down. The taliban put out this video of his handover to u. S. Forces last saturday, five years after he was taken prisoner. We also learned more today about bergdahls Service Record in afghanistan. We have a series of reports tonight, first, bob orr with the video. Reporter with the sun setting over the mountains of khost, afghanistan, a small group of armed taliban fighters, one of them with a white flag, stood near a silver and orange pickup truck. Inside, alone in the back seat, sat Sergeant Bowe bergdahl. The cleanshaven captive appeared to be having some trouble with his vision. He blinked repeatedly, and at one point rubbed his left eye. American surveillance planes flew overhead. Taliban gunmen, some armed with rocketpropelled grenades, stood guard on nearby hills. Then the sou