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Actionable news in BBRY: BlackBerry Limited,

BlackBerry Limited (NASDAQ:BBRY) Hires Narendra Nayak as the Managing Director Of Its India – CYREN Ltd. (NASDAQ:CYRN), Black Box Corporation (NASDAQ:BBOX)

BlackBerry Limited (NASDAQ:BBRY) hit high price of $7.28 to close at $7.32 by increasing 2.38% with session volume was recorded 7.4 Million. BlackBerry (BBRY) stated on Tuesday that it has appointed Narendra Nayak as the Managing Director of its India operations to steer the Canadian handset maker’s restructuring efforts. He replaces Sunil Lalvani, who had quit the organization in June. Based in New Delhi, Nayak will be responsible for driving BlackBerry’s software and services business through all channels in India – direct enterprise consumers, network operators, distribution partners, the firm stated in a statement. Nayak will also be responsible for BlackBerry’s growing ecosystem of indirect channels in India that comprises Value-Added Reseller (VAR), systems integrator and reseller partners, it added. As concerns of stock price volatility, it was 3.27% for a week and 4.01% for a month.

How BlackBerry Limited surprised investors through its Earnings guidance? Find Out Here Totally Free

CYREN Ltd. (NASDAQ:CYRN) jumped up 1.03% to close the session at $1.97 having average volume of...


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