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Tech Stocks to Path – BlackBerry Ltd (BBRY), Accenture Plc (ACN)

Shares of BlackBerry Ltd (NASDAQ:BBRY) ended Friday session in red amid volatile trading. The shares closed down -0.08 points or -1.01% at $7.86 with 2.59 million shares getting traded. Post opening the session at $7.92, the shares hit an intraday low of $7.80 and an intraday high of $7.98 and the price vacillated in this range throughout the day. The company has a market cap of $4.10 billion and the numbers of outstanding shares have been calculated to be 523.52 million shares.

BlackBerry Ltd (BBRY) announced the appointment of Steven Capelli as Chief Financial Officer. Capelli brings 25 years of executive experience in the software and technology industry with a strong track record for driving profitable growth and increased operational efficiencies across business and corporate functions.

“I am pleased to welcome Steve Capelli as our new Chief Financial Officer,” said John Chen, Executive Chairman and CEO of BlackBerry. “Steve is a highly experienced and respected financial expert and a strong business partner. He served in various roles at both Pyramid and Sybase for several years and reported directly to me during my service as the CEO of those companies. I look forward to the many contributions he will make toward driving value for BlackBerry shareholders as we continue to focus on end-to-end mobility solutions and enterprise software.”

Shares of Accenture Plc (NYSE:ACN) ended Friday session in red amid volatile trading. The shares closed down -2.52 points or -2.13% at $116.00 with 3.03 million shares getting traded. Post opening the session at $118.52, the shares hit an intraday low of $115.93 and an intraday high of $118.64 and the price vacillated in this range throughout the day. The company has a market cap of $73.87 billion and the numbers of outstanding shares have been calculated to be 622.55 million shares.

Accenture Plc (ACN) has opened an Accenture Digital Hub in Chicago, a more than 70,000-square-foot space that will serve as a go-to destination for the company’s clients to explore the latest innovations that are transforming how organizations compete and grow in fast-changing environment.

Located in the newly developed West Loop, the Hub combines capabilities across the company’s Digital business – including Accenture Interactive, Accenture Mobility and Accenture Analytics – to invent, develop and deliver disruptive innovations for clients. The Hub enables clients to get hands-on with and apply leading technologies – such as artificial intelligence, Internet of Things (IoT), and voice interaction – to solve business problems in a digitally-enabled space designed to foster teamwork and inspire innovative thinking.

“The new Accenture Digital Hub expands our commitment to Chicago, particularly in advancing the city’s leadership in technology,” said Jim Coleman, senior managing director who leads Accenture’s business in Chicago. “We have an ongoing imperative to drive innovation on behalf of our clients – in Chicago and beyond. With this Hub, we will continue helping them invent their futures.”

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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