Morning Movers: BlackBerry Limited (BBRY), Kellogg Company (K) - Presented by: The Aol. On Network

BlackBerry Limited (NASDAQ: BBRY) announced on Monday it is replacing Chief Executive Officer (CEO) Thorsten Heins and is abandoning a plan to sell itself. Meanwhile, Fairfax Holdings, BlackBerry's largest shareholder, will not buy the struggling smartphone maker in a $4.7 billion takeover, as originally thought; however, Fairfax is investing another $1 billion in BlackBerry as part of a revised investment proposal.



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As of 8/28/2015, 04:15 PM