Stocks Start Lower; BlackBerry on Going Private Talk

U.S. stocks opened lower on Friday, as investors found few reasons buy with equity prices near record levels. The Dow
industrials lately was down 14.79 points, or 0.10%, at 15,483.53. The S&P 500 index shed 0.88 points, or 0.05%, to 1,696.60.
The Nasdaq Composite was up 0.84 point, or 0.02%, to 3,669.96.

Shares in BlackBerry Ltd. (NASDAQ:BBRY) rallied 10% to $10.15 before the opening bell Friday on the back of a report that the
company was open to going private. The mobile technology company’s board of directors has come around to the idea of selling
to a private buyer, though no deal is imminent, according to a Reuters report

The U.S. Department of Justice has stepped up a probe in recent weeks into Bear Stearns mortgage dealings in the run-up to the
financial crisis, adding to JPMorgan Chase & Co’s legal problems, according to three sources familiar with the situation.

Mexican billionaire Carlos Slim’s America Movil has made a 7.2 billion euro ($9.6 billion) bid for the 70 percent of Dutch
telecoms group KPN it does not own, challenging an arch-rival’s attempt to buy KPN’s German business.

Mexican telecommunications heavyweight America Movil SAB (AMX, AMX.MX) said Friday that it plans to make a buyout offer for
Dutch carrier Royal KPN NV (KPN.AE, KKPNY) at EUR2.40 a share, seeking to take control of the European company in which it
took a minority stake last year.