RIM cutting jobs as profit drops

Release Date 17 Jun, 2011 in Winnipeg Free Press

 
   

RIM cutting jobs as profit drops

Winnipeg Free Press - LuAnn LaSalle - 17 Jun, 2011
TOMOHIRO OHSUMI / BLOOMBERG NEWS Co-CEO Jim Balsillie continues to defend RIM�s management structure, despite calls by investors to change it. MONTREAL -- Research in Motion, under pressure from Apple and Android smartphones, says it plans to cut jobs ...

Split Blackberry maker's key roles of CEO and chairman, says investor

The Australian - Alexandra Frean - ‎Jun 13, 2011‎
BlackBerry mobile phones on display at a shop in New Delhi. Picture: AFP Source: AFP THE maker of the BlackBerry smartphone is facing a call to split the roles of chairman and chief executive. Northwest & Ethical Investments, a Canadian investor that ...

RIM earnings fall below expectations

Businessandleadership.com - 17 Jun, 2011
BlackBerry maker Research in Motion has reported first-quarter earnings that were even worse than analysts' lowered expectations, resulting in the company lowering its outlook and plummeting shares. RIM is not only dealing with increased demand and ...

RIM Q1 profit falls 9.6%, slashes forecast

mydigitalfc.com - 17 Jun, 2011
By PTI Jun 17 2011 , Toronto/New Delhi to USD 695 million for the three months ended May 28, with profitability pulled down by delays in introducing new devices. The entity had posted a net income of USD 769 million for the corresponding year-ago ...

RIM investor calls for break-up of BlackBerry's co-CEO roles

IntoMobile - Simon Sage - ‎Jun 13, 2011‎
Research In Motion's stock has been taking a tumble the last couple of weeks, and is culminating in some bold demands from one firm, Northwest and Ethical Investments. The proposed shareholder vote would separate the CEO and chairman of the board roles ...

Investor Seeks to Split RIM Executive Roles

Mobiledia - Margaret Rock - ‎Jun 13, 2011‎
A Research in Motion investor is calling for a shareholder vote on whether its co-chairmen should continue in their roles, as the BlackBerry maker's dwindling market presence has greater impact on its ...

RIM Investor Asks for Separate CEO, Board Chairman

Wireless Week - Maisie Ramsay - ‎Jun 13, 2011‎
A prominent Research In Motion (RIM) investor wants the company to separate the roles of CEO and chairman of the board, arguing the move is necessary for the board of directors to function. ...

RIM Shareholder Wants Separate CEO, Chairman

Manufacturing.net - ‎Jun 13, 2011‎
NEW YORK (AP) -- BlackBerry maker Research in Motion Ltd. is already struggling to keep up with rivals such as Apple Inc. Now it faces another challenge: dissident shareholders who are calling for changes in how the company is run. ...

RIM shareholder calls for board changes; PlayBook to launch in international ...

Mobile Business Briefing - ‎Jun 13, 2011‎
RIM is facing calls to restructure its senior management ahead of a potentially crucial quarterly results announcement later this week. According to a Reuters report, a small investor in the BlackBerry-maker - Northwest and Ethical â€" called for the ...

RIM misses expectations despite lowered outlook

Calgary Herald - Jameson Berkow - 17 Jun, 2011
Long-standing promises of a turnaround went unfulfilled by Research In Motion Ltd. after markets closed on Thursday, when the Canadian BlackBerry maker failed to meet Wall Street expectations after ...

RIM investor calls for more “ethical” leadership arrangement

ConnectedPlanet (blog) - Michelle Maisto - ‎Jun 13, 2011‎
RIM is facing a new problem, which comes heaped atop rumors of slow BlackBerry PlayBook sales and forecasts of global BlackBerry OS market shares falling over the next few years. Northwest and Ethical Investments, ...

 

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