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TSX posts small gain as Rim's Shares dropMontreal Gazette - John Morrissy - 26 Mar, 2011Stocks posted a modest gain to end the week, during which the S&P/TSXcomposite index advanced 1.8% despite sharp losses in market heavyweight Research In Motion. The benchmark index ended Friday ... |
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RIM's BlackBerry is a 'broken brand': Trade analystsSify - 26 Mar, 2011Toronto: As shares of BlackBerry maker Research in Motion (RIM) plunged over 10 percent Friday after gloomy forecast about its current quarter, some trade analysts have called BlackBerry 'a broken brand.'' RIM shares slumped 10.26 percent to $56.08 on ... |
Blackberry looks to uncertain futureThe Independent - Nick Clark - 26 Mar, 2011The smartphone has inspired devotion among users but the company risks losing its way in the market. By Nick Clark Obama had to change the rules to bring his beloved BlackBerry into the White House, while celebrities from Paris Hilton and Arnold ... |
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RIM can't buy a breakGlobe and Mail (blog) - 26 Mar, 2011When a company reports record-high earnings that top expectations, you might expect a pop in the share price. Not when the company in question is Research In Motion Ltd., RIM-T though. The Canadian company has delivered consistently impressive ... |
Ahead of the Bell: Research in MotionBusinessWeek - 26 Mar, 2011Analysts remain confident in Blackberry maker Research in Motion's ability to increase earnings this year despite a disappointing outlook for the current quarter. The company issued the fiscal first-quarter outlook late Thursday along with its ... |
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Investors Doubt RIM's Product StrategyWall Street Journal - Stuart Weinberg - 26 Mar, 2011Research In Motion Ltd.'s product strategy got a vote of no confidence Friday, as investors doubted the release of the PlayBook tablet and new BlackBerry models later this year can revive the company's flagging fortunes in the key US ... |
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Taking Stock: We're holding onto …Financial Post - 26 Mar, 2011Shares in Research in Motion Ltd. If you haven't already jumped ship like everybody else did on Friday, when shares plunged more than 10%, then you might as well stick around and see what the PlayBook tablet (which launches April 19) will do for the ... |
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Podcast: RIM's stock tanks and budgeting for a spring electionFinancial Post - Denis Doyle - 26 Mar, 2011This week the Big Picture podcast: With less than a month to go before the launch of its PlayBook tablet, Research In Motion put out a weaker-than-expected forecast for its first quarter. FP tech reporter Matt Hartley explains why the forecast led to ... |
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Is Blackberry Just In A Jam Or Is It Toast?Forbes (blog) - Todd Ganos - 26 Mar, 2011Friday, maker of Blackberry mobile devices " Research In Motion (RIMM) " disappointed analysts and investors with earnings and widening full-year guidance. The question is whether RIMM is just in a short-term jam or are they “toast”? ... |
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Stocks Exposed to RIM's Grim EarningsBarron's - 26 Mar, 2011Thursday night, Research in Motion reported fiscal-fourth-quarter sales of $5.56 billion (up 1% quarter-over-quarter) compared to the consensus estimate of $5.64 billion and at the lower end of its fourth-quarter outlook range (ie, $5.5 billion-$5.7 ... |
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Pimco sees election as 'buying opportunity'National Post (registration) - 26 Mar, 2011Elections shouldn't be viewed as a smudge on Canada's debt market, said Ed Devlin of Pacific Investment Management Co. A sudden election in Canada will fail to dim the government debt market's “halo” because lawmakers are committed to balanced budgets, ... |
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Shares in Blackberry firm Research in Motion down 12%BBC News - 26 Mar, 2011Shares in Research in Motion (RIM) fell 12% in after-hours trading after the firm said profits this quarter will be much weaker than expected. It blamed the cost of developing its new tablet-format Blackberry, as well as a migration of consumers ... |
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digits: How Can RIM Win Investor Favor?MarketWatch - 26 Mar, 2011RIM posted a jump in quarterly earnings, but the BlackBerry maker issued a weak outlook for the current period and shares were down sharply on Friday. What can RIM do to win investor favor? Also: RIM says its new tablet will run Google Android apps. |
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BlackBerry Maker's Slow-Motion DeclineWall Street Journal - Martin Peers - 26 Mar, 2011It should be evident by now that a corporate tragedy is under way at the proud Canadian firm Research In Motion. The manner in which the firm has now squandered the early technological lead and brand recognition it had in BlackBerry ... |
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EXPLAINER: Here's What "Android On The BlackBerry PlayBook" Really Means (RIMM ...San Francisco Chronicle - Dan Frommer - 26 Mar, 2011The PlayBook will technically be able to run most Android apps, via a "virtual machine" that makes the app think they are running on an Android phone. (RIM's press materials call this an optional "app player.") This is sort of the way a Mac can run ... |
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Canada's stock index rebounds but RIM in redMarketWatch - Sue Chang - 26 Mar, 2011SAN FRANCISCO (MarketWatch) " Canadian stocks closed marginally higher on Friday, proving resilient even in the face of the collapse of the government, while gains in energy and gold mining shares helped to offset steep losses ... |
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Canadian Stocks Rise on Gains by Fertilizer, Energy ProducersBloomberg - Matt Walcoff - 26 Mar, 2011Canadian stocks rose to a second straight weekly gain as agriculture companies advanced and energy shares rallied along with natural gas prices. Potash Corp. of Saskatchewan Inc., the world's largest ... |
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TSX rises despite RIM stumbleCBC.ca - 26 Mar, 2011Canada's main stock market lost ground in late Friday trading amidst weakness in the shares of Research in Motion. But, the TSX still managed to squeeze out a gain of 10 points by the close of the daily session to end the week at 14039 points. ... |
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BlackBerry PlayBook Tablet Will Support Android AppsHuffington Post - 26 Mar, 2011In a move to compete with Google's popular mobile platform, RIM has announced that its forthcoming BlackBerry PlayBook tablet will support Android applications. Silicon Alley Insider points out that the BlackBerry Tablet OS will support apps designed ... |
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CANADA STOCKS-Resources lead TSX higher; RIM dragsReuters - 26 Mar, 2011By Solarina Ho TORONTO, March 25 (Reuters) - Toronto's main stock index was firmly higher Friday morning as resource strength led broad-based gains, more than offsetting a plunge by Research In Motion (RIM.TO). Fertilizer giant Potash Corp (POT. ... |
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RIM shares drop as forecast disappointsMarketWatch - Dan Gallagher - 26 Mar, 2011SAN FRANCISCO (MarketWatch) " Research In Motion Ltd. shares fell into negative territory for the year on Friday as brokers downgraded the stock on fears the BlackBerry maker will continue to lose share in the growing ... |
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RIM BlackBerry PlayBook tablet: Android apps & release dateComputerworld (blog) - Richi Jennings - 26 Mar, 2011Responding to rumors, Research In Motion (RIM) ratifies that the BlackBerry PlayBook tablet will run Android apps written for Gingerbread (2.3). It also slated the North America release date as April 19. ... |
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RIM Tumbles On 1Q Outlook; Focus Turns To PlayBook ProspectsWall Street Journal - Ben Dummett - 26 Mar, 2011TORONTO (Dow Jones)--Research In Motion Ltd. (RIMM) is down sharply Friday, hurt by weak guidance for its fiscal first quarter and investor skepticism that the smartphone maker can achieve its aggressive earnings ... |
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First Look: Blackberry's PlayBook TabletTheStreetTV - 26 Mar, 2011Contributor Gary Krakow gets a tour of Research in Motion's nifty, little PlayBook tablet computer - made to work on its own and also with your Blackberry smartphone. |
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RIM surprises many with strong year-end numbersCTV.ca - 26 Mar, 2011Research In Motion surprised the marketplace Thursday with strong year-end fiscal numbers but it was not good enough to stop a 12 per cent drop in the stock value in after-hours trading. RIM says total smartphone shipments in the last year were up 43 ... |
Lamba Interview on RIM Earnings, PlayBook SalesBloomberg - 26 Mar, 2011March 25 (Bloomberg) -- Abhey Lamba, managing director at International Strategy & Investment Group, talks about the sales outlook for Research in Motion Ltd.'s PlayBook tablet. RIM, maker of the BlackBerry smartphone, fell as much as 13 percent in ... |
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RIM pummelled, 'Canada's mortgage monster', 'Of course the game is rigged'National Post (registration) - 26 Mar, 2011Today: Research in Motion shares took a savage 13% beating after the close yesterday despite printing quarterly EPS that was ahead of analyst expectations. The company earned 1.78 per share in the previous quarter, 0.03 ahead of consensus estimates ... |
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BlackBerry PlayBook starts at $499, same as iPad 2Sify - 26 Mar, 2011Research In Motion Ltd. on Tuesday said its tablet computer, the BlackBerry PlayBook, will start selling in the US and Canada on April 19 for $499 to $699. RIM said that customers can start pre-ordering the gadget " its answer to Apple Inc.'s popular ... |
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CANADA STOCKS-TSX opens higher on resources, RIM dragsReuters - Peter Galloway - 26 Mar, 2011TORONTO, March 25 (Reuters) - Toronto's main stock index opened slightly higher on Friday as gold and oil prices firmed, but a drop in Research In Motion (RIM.TO) shares limited gains after the BlackBerry maker offered an outlook that disappointed the ... |
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Research In Motion: Analysts See Increasing Trouble AheadForbes (blog) - Eric Savitz - 26 Mar, 2011No single group of people has been more responsible for the success of the Research in Motion (RIMM) BlackBerry than Wall Street's analysts and investment bankers, who were among the earliest adopters of the devices, relying them to stay ... |
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