Facing lawsuit, BlackBerry rebuts investor chargesEconomic Times - 28 May, 2011TORONTO: BlackBerry maker Research In Motion (RIM) Friday confirmed a lawsuit seeking "unspecified damages" has been filed against it in a US court for allegedly keeping investors in the dark about its earning prospects. In a statement, the BlackBerry ... |
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RIM Hopes Cars Drive PlayBook SalesWall Street Journal - Phred Dvorak, Stuart Weinberg - 28 May, 2011BlackBerry-maker Research in Motion Ltd. may be falling behind rivals in the smartphone war, but it is hoping to pull ahead in the brewing battle to bring mobile technology into the car. ... |
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RIM Says Investor Suit Is 'Without Merit'ABC News - 28 May, 2011By AP Research In Motion Ltd., maker of the BlackBerry smartphone, said Friday that allegations that the company misled investors about its financial state are "without merit." Lawyers for shareholders of the company filed a lawsuit this week in the US ... |
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RIM Has Lost The War For ConsumersInformationWeek - Eric Zeman - 28 May, 2011Analyst says Research In Motion has fumbled its smartphone strategy so badly that it no longer has a chance of competing in the consumer market. By Eric Zeman InformationWeek That's it. It's over. RIM's perpetually stale lineup of BlackBerry ... |
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New era for RIM begins with launch of much-awaited tabletgulfnews.com - Derek Baldwin - 28 May, 2011Sandeep Sahgal, managing director â€" Middle East for RIM, with the new BlackBerry Playbook at the VIP preview of the gadget at Prive, Armani Hotel at the Burj Khalifa. Dubai: After a lacklustre launch in ... |
Research In Motion: 4 Ways Things Could Still Get WorseForbes (blog) - Eric Savitz - May 27, 2011If you think Research In Motion is poised for a turnaround â€" I'm not sure why you would think that, actually â€" you might want to reconsider. Jefferies analyst Peter Misek asserts in a new research note that there are four significant ... |
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RIM: BB Delays, Carrier Pressure Could Hurt, Says JefferiesBarron's (blog) - Tiernan Ray - May 27, 2011Shares of Research in Motion (RIMM) are down 24 cents, or half a point, at $43.33, after Jefferies & Co. analyst Peter Misek this morning wrote that further bad news may be on the way for RIM following its cut in forecast last month. ... |
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For RIM, "It Can Get Worse Before It Gets Better" (RIMM, AAPL, GOOG)San Francisco Chronicle - Dan Frommer - May 27, 2011Another analyst, Jefferies' Peter Misek, paints a bleaker picture today in a note called "It Can Get Worse Before It Gets Better." Further product delays are likely. While RIM has said to expect QNX-based "superphones" in the first half of 2012, ... |
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RIM is sued for allegedly deceiving investorsInquirer - Dean Wilson - May 27, 2011A CLASS ACTION LAWSUIT has been filed against the Canadian Blackberry maker Research In Motion (RIM) for allegedly deceiving investors. The lawsuit was filed in the US District Court for the Southern District of New York, and it claims ... |
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RIM faces class-action lawsuit over claims it misled investorsGlobe and Mail - May 27, 2011Research in Motion Ltd. RIM-T says a class-action lawsuit has been filed against the company in the United States, alleging it misled some investors. The Waterloo, Ont.-based maker of the BlackBerry smart phone and PlayBook tablet device, says the suit ... |
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Blackberry Playbook: Tablet OSSydney Morning Herald (blog) - May 26, 2011As I said on Wednesday, the Playbook is a sleek and sexy 7-inch tablet which makes a great first impression. This is somewhat tarnished when you discover how reliant it is on a BlackBerry smartphone, something I'll talk about again next week. ... |
QNX aims for another kind of 'smart' carNational Post (registration) - Aaron Lynett - May 26, 2011The QNX Software Systems Inc. Corvette, equipped with the next generation in automotive entertainment technology. TORONTO â€" Making cars as smart as smartphones is the mission of QNX Software Systems Co. The Ottawa-based company is perhaps better known ... |
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RIM PlayBook strikes back at Jobsian internet dreamRegister - Gavin Clarke - May 26, 2011Review "Amateur hour is over," reads the RIM PlayBook ad inside the Office Max shop around the corner from The Register's San Francisco bureau. As I walk by, looking for a printer cartridge, RIM tells me that ... |
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RIM PlayBook Sales Forecast Sliced 23%InformationWeek - Eric Zeman - May 26, 2011The BlackBerry PlayBook tablet is not selling as well as originally thought, causing another analyst to reduce sales expectations for Research in Motion for both the quarter and fiscal year. By Eric Zeman InformationWeek RIM has yet to share any ... |
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Work smarter, play harder: Long View to begin carrying BlackBerry PlayBook tabletSan Francisco Chronicle (press release) - May 26, 2011They say all work and no play make Jack and Jill extremely dull people. But a combination of work and play using the world's first professional-grade tablet? To put it bluntly, this slate can stimulate. Effective May 24th, Long View Systems will be ... |
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RIM: Wedbush Cuts PlayBook View, Cuts Target to $49Barron's (blog) - Tiernan Ray - May 25, 2011Wedbush Securities analyst Scott Sutherland, who this morning raised his outlook for Apple's (AAPL) iPhone and iPad sales, this morning went the opposite way with Research in Motion (RIMM), cutting his price target to $49 from $55, ... |
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Analyst downgrades RIM, sees consumers leavingBusinessWeek - May 25, 2011Saying he no longer expects Research In Motion Ltd. to recover to participate in the "mainstream smartphone industry growth," Wunderlich Securities analyst Matthew S. Robison downgraded the BlackBerry maker on Tuesday to "Hold" from "Buy. ... |
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Probe whether BlackBerry misguided shareholdersEconomic Times - May 24, 2011TORONTO:A US law firm is probing whether BlackBerry maker Research In Motion (RIM) deliberately kept its shareholders in the dark about its problems in releasing new smart phones to replace its old devices. RIM shares tanked April 29 after the ... |
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Hands on: BlackBerry PlaybookSydney Morning Herald (blog) - May 24, 2011The Playbook makes a great first impression, but it's too reliant on a BlackBerry smartphone for my liking. We're drowning in a sea of 10-inch tablets, so it was a relief to slide the BlackBerry Playbook out of the box to discover a petite 7-inch slate ... |
Research in Motion: Another Analyst Bails on BlackBerryWall Street Journal (blog) - May 24, 2011By Dave Kansas The company reduced its rating on the stock to Hold from Buy and slashed its price target to 46 from 76. Yowzers. The knock from Wunderlich comes just a week after Bernstein upgraded RIMM to Market Perform and declared that “Things Can't ... |
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RIM: Is the growth gone?ZDNet (blog) - Larry Dignan - May 24, 2011Research in Motion may find its user base boiled down to hardcore loyalist customers and out of the mainstream smartphone market. Will all subscriber gains over the last two years churn off? ... |
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RIM facing civil probe from US law firmCBC.ca - May 24, 2011An Atlanta law firm is investigating whether Research In Motion Ltd. misled shareholders by failing to inform them of known problems with the release cycle for its line of BlackBerry devices. “The investigation focuses on whether a series of statements ... |
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RIM: Wunderlich Cuts To Hold; Gradually FadingBarron's (blog) - Tiernan Ray - May 24, 2011Shares of Research in Motion (RIMM) are down 35 cents, or 0.8%, at $43.17 this morning after Wunderlich Securities analyst Matthew Robison cut his rating on the stock to Hold from Buy, and cut his price target to $46 from $76, ... |
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RIM Won't Share In Smartphone Market Growth, Analyst SaysForbes (blog) - Eric Savitz - May 24, 2011Research In Motion won't participate in the continued growth of the smartphone market, as consumers shift away from the company's BlackBerry phones, Wunderlich Securities analyst Matthew Robison asserts in a research note Tuesday morning ... |
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RIM Offers Smartphone Applications for CarsUSA Market News - 28 May, 2011The most important addition in years is of RIM's PlayBook that is an emerging wave for new advancements. RIM is making an attempt to place smartphone applications to car. Many manufacturers are in the same attempt and some are providing systems as well ... |
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RIM to fight suit570 News - 28 May, 2011RIM announced this morning it will "vigorously defend" against a purported class action lawsuit, filed in the US District Court for the Southern District of New York. According to a statement from RIM, the lawsuit alleges that between December 16, ... |
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RIM faces class-action lawsuitThe Wire Report - 28 May, 2011Research in Motion Ltd. said Friday it will fight a class-action lawsuit that alleges the company misled investors. RIM said in a release it “intends to vigorously defend against a purported class action lawsuit filed against the Company and certain of ... |
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RIM PlayBook Sales Reportedly Low, as RIM Is Sued for Misleading InvestorseWeek - Michelle Maisto - 28 May, 2011RIM isn't having the quarter it hoped for. After betting big on its BlackBerry PlayBook tablet, sales are reportedly low, and the company's being sued for misleading investors. BlackBerry maker Research In Motion isn't yet having the quarter it hoped ... |
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Things get worse for Research In MotionMSN Money - Kim Peterson - 28 May, 2011The BlackBerry maker faces a class-action lawsuit and shrinking market share as analysts cut their price targets on the stock. By Kim Peterson on Fri, May 27, 2011 2:30 PM The bad news just keeps piling on Research In Motion (RIMM). ... |
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RIM Plans “Vigorous” Defense For “Meritless” Class-Action SuitMobileCrunch - Jordan Crook - 28 May, 2011BlackBerry maker Research In Motion (RIM) is not having the best year so far. The April launch of RIM's BlackBerry PlayBook received mixed reviews, to put it nicely, of what many called a “half-baked” product. ... |
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