RIM shares tumble on lower BlackBerry sales numbersCTV.ca - 17 Jun, 2011WATERLOO, Ont. â€" Decreased sales of Research in Motion's flagship BlackBerry line sent its shares tumbling 15 per cent in early trading Friday on the Toronto Stock Exchange, leading experts to muse whether the company has staying power in a highly ... |
|
RIM stock down as analysts question BlackBerry's futureToronto Star - 17 Jun, 2011WATERLOO, ONT.â€"Research In Motion shares (TSX: RIM) are down 15 per cent on the Toronto Stock Exchange, as investors react to uncertainty about the BlackBerry maker's future. The company's stock tumbled $5.39 to $28.98 in early trading on the TSX. ... |
|
RIM chiefs not going anywhereGlobe and Mail (blog) - David Berman - 17 Jun, 2011One of the themes that emerged in Research In Motion Ltd.'s RIM-T earnings call on Thursday was that the co-chief executives of the company are pleased with each other's performances â€" and they're unlikely to step down. That, along with disastrous ... |
|
RIM Drops After Forecast Misses Estimates on BlackBerry WoesSan Francisco Chronicle - 17 Jun, 2011June 17 (Bloomberg) -- Research In Motion Ltd. fell as much as 18 percent in Nasdaq trading after the BlackBerry smartphone maker said quarterly revenue may drop for the first time in nine years and unveiled plans to reduce jobs. ... |
|
 |
RIM stock plunges in early tradingGlobe and Mail - Tim Kiladze - 17 Jun, 2011Shares of Research In Motion RIM-T started the day on a rough note, down almost 18 per cent, following the release of disappointing earnings that unleashed a wave of frustration among analysts and investors. Although RIM's stock has been under siege ... |
RIM shares plunge; techs helped by broad marketMarketWatch - Dan Gallagher - 17 Jun, 2011SAN FRANCISCO (MarketWatch) â€" Research In Motion Ltd. shares fell hard on Friday morning as the BlackBerry maker slashed its forecast, though the rest of the tech sector got help from a broad market upswing in early trades ... |
|
RIMM: Miserable Guidance Triggers Multiple DowngradesForbes (blog) - Eric Savitz - 17 Jun, 2011The last of the sell-side bulls on Research In Motion are starting to throw in the towel. Late yesterday, the BlackBerry phone maker posted slightly disappointing results for the fiscal first quarter ended in May, along with extremely ... |
|
Updates, advisories and surprisesMarketWatch - 17 Jun, 2011By MarketWatch (9:54 AM ET) SAN FRANCISCO (MarketWatch) -- Research In Motion Ltd. shares slid more than 16% to $29.29 on Friday morning -- setting a new 5-year-low -- while the rest of the tech sector gained on a broad market upswing. ... |
|
 |
BlackBerry hang-upsSydney Morning Herald - Ian Austen - 17 Jun, 2011AFTER reducing its profit forecast seven weeks ago, Research in Motion, the maker of the BlackBerry, turned in earnings results this week that were even worse than analysts' lowered expectations. The company also reduced its outlook for the second time ... |
Research in Motion: A Permabull BailsWall Street Journal (blog) - Mark Gongloff - 17 Jun, 2011Most of the 50+ Wall Street analysts are sticking by their buy, sell or hold calls on Research in Motion this morning, but one notable bull on the stock is in retreat. As we noted yesterday, Gus Papageorgiou of Scotia Capital has long ... |
|
RIM: Six Downgrades; Beyond Seeking 'Mojo'; Have We Seen This Movie Before?Barron's (blog) - Tiernan Ray - 17 Jun, 2011Shares of Research in Motion (RIMM) are down $5.55, or almost 16%, at $29.78 in early trading after a disappointing fiscal Q1 report last night, and an even worse outlook, and the discussion by management of various measures the company ... |
|
RIM fallout: Celestica downgradedGlobe and Mail (blog) - David Berman - 17 Jun, 2011Expectations for Research In Motion's RIMM-Q fiscal firstquarter results were low ever since the BlackBerry maker slashed its forecast in April. Many analysts expected a dismal quarter, coinciding with a lower forecast for full-year earnings. ... |
|
RIM stock down as analysts respond to slowdown, question BlackBerry's futureCanadianBusiness.com - 17 Jun, 2011By The Canadian Press | June 17, 2011 A reporter holds a Research in Motion PlayBook in Halifax on Monday, April 4, 2011. THE CANADIAN PRESS/Andrew Vaughan WATERLOO, Ont. - Research In Motion shares (TSX:RIM) are down 15 per cent on the Toronto Stock ... |
|
Research in Motion shares tumble to 2006 levelMarketWatch - Steve Gelsi - 17 Jun, 2011NEW YORK (MarketWatch) â€" Shares of Research in Motion fell to a five-year low Friday as Wall Street analysts cut their views on the BlackBerry maker after the company lowered its profit target for the year. ... |
|
RIM death-march? Stock tanks 15%, layoffs; COO "quits"Computerworld (blog) - Richi Jennings - 17 Jun, 2011Updated with co-CEO criticism: Is this the beginning of the end for Research in Motion? (RIM) (RIMM) After disappointing Q1 results and worrying Q2 guidance, its share price took a 15% nose-dive; ... |
|
How the iPhone and Android sandbagged the BlackBerryFortune - Philip Elmer-DeWitt - 17 Jun, 2011The analysts were all over Research in Motion (RIMM) Friday after the company issued sharply lower guidance for 2012 and warned of forthcoming layoffs. See, for example, Barron's take here. ... |
|
Research In Motion Down 18% Premarket After Guidance SlashedWall Street Journal - Chip Cummins - 17 Jun, 2011TORONTO (Dow Jones)--After slashing its profit forecast for the year on Thursday and saying it would be shedding jobs, Research in Motion Ltd. (RIMM) saw its share price drop sharply again early Friday. In pre-market Nasdaq trading Friday morning, ... |
|
RIM: The big resetNational Post - Wayne Cuddington - 17 Jun, 2011With the bar set substantially lower and with a lot of bad news out of the way, as strange as it may seem, some analysts are recommending that investors buy shares of Research In Motion Ltd. Others suggested that it may become an attractive takeover ... |
|
Ahead of the Bell: Research In Motion sinksmsnbc.com - 17 Jun, 2011AP NEW YORK â€" Shares of Research In Motion Ltd. sank in pre-market trading Friday after the maker of BlackBerry smartphones gave a surprisingly weak forecast for the current quarter and the remainder of the year as it struggles to compete with Apple ... |
|
Friday's top gaining and declining stocksMarketWatch - Greg Morcroft - 17 Jun, 2011Research in Motion Ltd. /quotes/zigman/18534/quotes/nls/rimm RIMM -18.48% shares fell about 16% after the maker of Blackberry wireless devices disappointed late Thursday with its earnings report. ... |
|
Research in Motion: It Gets Worse, And It's Taking CasualtiesWall Street Journal (blog) - Mark Gongloff - 17 Jun, 2011You'd have thought a 50% drop in Research in Motion's share price between February and yesterday afternoon would have priced in a lot of bad news, yes? You'd have been wrong. It just keeps getting worse by the hour. ... |
|
BlackBerry PlayBook Smacked Down by Wireless CarrierTIME - Jared Newman - 17 Jun, 2011In the United Kingdom, O2 has scrapped plans to carry the 7-inch tablet, reportedly telling customers that "there are some issues with the end to end customer experience." O2 hasn't ruled out selling the PlayBook down ... |
|
UPDATE 1-RIM shares plummet on weak results, outlookReuters - 17 Jun, 2011June 16 (Reuters) - Shares of Research In Motion Ltd (RIMM.O) fell more than 15 percent in pre-market trade on Friday, a day after the Blackberry maker posted weak quarterly results and outlook, prompting two analysts to downgrade the stock and several ... |
|
Research in Motion Forecast Shows BlackBerry WoesBloomberg - 17 Jun, 2011June 17 (Bloomberg) -- Jennifer Fritzsche, an analyst at Wells Fargo Securities LLC, talks about the outlook for Research In Motion Ltd. RIM, maker of the BlackBerry smartphone, said quarterly revenue may drop for the first time in nine years and ... |
|
 |
What RIM's latest results tell us: BlackBerry is a smouldering platformThe Guardian (blog) - 17 Jun, 2011An Indian pedestrian walks past a billboard for BlackBerry phones in Mumbai. Photograph: Indranil Mukherjee/AFP/Getty Images The numbers came in from Canada's Research In Motion (RIM) on Thursday night, and some parts make disquieting reading. ... |
RIM: A loud raspberry for the BlackBerry kingGlobe and Mail - 17 Jun, 2011These are stories Report on Business is following Friday, June 17. Get the top business stories through the day on BlackBerry or iPhone by bookmarking our mobile-friendly webpage. Shares of Research In Motion Ltd. RIM-T plunged in overseas trading ... |
|
RIM faces up to a difficult first quarterInquirer - Dave Neal - 17 Jun, 2011DARLING OF THE CONNECTED executive set, Research in Motion (RIM) has acknowledged its difficult first financial quarter and revealed that it sold 500000 of its Playbook tablet devices. Revenue in the first quarter was $4.9bn, ... |
|
BlackBerry maker RIM rapidly losing smart phone market shareEconomic Times - 17 Jun, 2011TORONTO: BlackBerry maker Research In Motion (RIM), which once dominated the market for smart phones, is rapidly losing its market share as Apple's iPhone and devices powered by Google's Android operating system batter the Canada-based technology giant ... |
|
Gloomy forecast, job cuts, product delays at RIMRegister - Paul Kunert - 17 Jun, 2011Research In Motion (RIM) has issued a profit warning, plans to cut the workforce and delay product launches amid fierce competition from smartphone rivals. The BlackBerry and PlayBook maker grew 2012 fiscal ... |
|
RIM's conundrum: Convincing you to buy a BlackBerry 7.0 device?ZDNet (blog) - Larry Dignan - 17 Jun, 2011RIM will go from famine to feast with new product launches. However, RIM will now have BlackBerry OS 7 devices dangerously close to QNX superphones. Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as ... |
|
Subscribe to RSS
Twitter
- Compare Blackberry Curve 8520 Vs Blackberry 9300 Curve 3G
- Now, a porn app store
- Sprint Reveals 2010 Smartphone Lineup [Android, BlackBerry, Windows Mobile ...
- BlackBerry 9900 QWERTY Slider Coming in 2010?
- BlackBerry Google Mobile app updated with new voice search features
- blackberry Bold 9700 Firmware OS 5.0.0.351 Update Available
- BlackBerry PlayBook release date February 2011?
- BlackBerry Curve 8540 now on Sprint
- Blackberry Smoke serves up country fried rock
- When will the BlackBerry Torch be in Singapore?
- BlackBerry 10 OS
- RIM BlackBerry Curve 9350 (Sprint)
- Blackberry best smartphone for battery life
- Android continues its lead over Apple's iOS, reports Nielsen
- Researcher's Video Shows Secret Software on Millions of Phones Logging Everything
- BlackBerry Bold 9790 officially launching at TELUS on December 2nd
- “Cricket with Friends” wins BlackBerry Challenge
- Virginia Tech Athletics Launches New iPhone, Android and BlackBerry Apps
- First BBX-Powered BlackBerry To Be Called The Surfboard?
- RIM BlackBerry Curve 9350 (Sprint)