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Fairfax Financial Holdings Limited

A collection of news and information related to Fairfax Financial Holdings Limited published by this site and its partners.

Top Fairfax Financial Holdings Limited Articles see all

Displaying items 1-5
  • Matt Taibbi rips into America's growing income gap in 'The Divide'

    Matt Taibbi begins his sixth book, "The Divide: American Injustice in the Age of the Wealth Gap," with a simple formulation: "Poverty goes up; Crime goes down; Prison population doubles." It's a snapshot, a way to represent what Taibbi sees as the through-the-looking-glass reality of contemporary America, where rule of law has been subverted by, on the one hand, corporate greed and, on the other, a kind of institutionalized abuse of the poor.
  • BlackBerry Crumble: Device Maker Posts $4.4 Bil Loss, Strikes Deal with Foxconn

    BlackBerry sank deeper into a jam in the most recent quarter, posting a staggering $4.4 billion loss for the three months ended Nov. 30, 2013, as the company's sales continued to crater. Separately, BlackBerry announced a five-year outsourced...

    BlackBerry buyout collapses, putting new pressure on it to remake itself

    BlackBerry buyout collapses, putting new pressure on it to remake itself
    With BlackBerry's latest upheaval, the troubled company is again facing pressure to ditch its smartphones. In a stunning turn of events, BlackBerry announced Monday that a tentative deal to sell itself to a Canadian financial services holding company...

    BlackBerry shocker: Buyout deal falls apart; Heins out as CEO

    In a stunning turn of events, BlackBerry announced Monday that its $4.7-billion buyout had fallen through, that it was no longer for sale and that Chief Executive Thorsten Heins was out. Shares of BlackBerry plummeted on the news, falling more than 16%...

    Blackberry stock plunges as takeover bid collapses

    Blackberry stock plunges as takeover bid collapses
    Blackberry stock fell as low as $6.27 in pre-market trading after bidder Fairfax Financial Holdings dropped its $4.7-billion takeover plan and said instead it would invest in the company. The company also said Chief Executive Thorsten Heins will step...