BlackBerry maker RIM stock continues to plunge

Release Date 21 Jun, 2011 in Economic Times

 
   

BlackBerry maker RIM stock continues to plunge

Economic Times - 21 Jun, 2011
TORONTO: After its 21 per cent plunge Friday, BlackBerry maker Research In Motion (RIM) continued to bleed Monday, with its stock further diving almost seven per cent. At $25.41 now, RIM stock is at its lowest since 2006. Even as its fortunes plunged ...

RIM Takeover Beckons Microsoft With Cheapest Multiple: Real M&A

San Francisco Chronicle - 21 Jun, 2011
June 21 (Bloomberg) -- Research In Motion Ltd. has lost so much value that an acquirer could pay a 50 percent premium and still buy the BlackBerry maker for a lower multiple than any company in the industry. RIM, once worth $83 billion, has fallen more ...

RIM Takeover Beckons Microsoft With Cheapest Multiple: Real M&A

Bloomberg - Hugo Miller, Danielle Kucera - 21 Jun, 2011
A man browses the folder menu on a BlackBerry Bold handset, made by Research In Motion Ltd. Photographer: Jason Alden/Bloomberg Research In Motion Ltd. (RIM) has lost so much value that ...

RIM cuts 200 jobs in Waterloo, reports say

Globe and Mail - Adrian Morrow - 21 Jun, 2011
Technology giant Research In Motion RIM-Thas kick-started a round of layoffs by issuing pink slips to 200 staff in Waterloo, media in the Southwestern Ontario city reported Monday. The American public-relations firm that handles media inquiries for the ...

RIM Beset By Bad News: VP Out, Seesmic Drops Support For BlackBerry, And More

Huffington Post - 21 Jun, 2011
They say it's always darkest before the dawn, but for Research in Motion (RIM), maker of the BlackBerry phone line, the bad news just keeps on coming. After a bleak earnings call last Thursday revealed that the company would have to lower its ...

RIM PlayBook's Slow Start: US Carriers to Blame?

InformationWeek - Eric Zeman - 21 Jun, 2011
The tablet maker's best partners, AT&T and Verizon Wireless, have offered a distinct lack of support so far. That's holding RIM back from enjoying wider success. By Eric Zeman InformationWeek In its most recent quarterly earnings report, ...

RIM shares fall further

CBC.ca - 21 Jun, 2011
Waterloo, Ont.-based Research In Motion's shares fell further Monday, after a 21 per cent loss on Friday. Shares in the BlackBerry maker closed down $1.83, or 6.7 six per cent, at $25.41 on the Toronto Stock Exchange. More than six million shares ...

RIM marketing executive jumps ship for Samsung

Reuters - Alastair Sharp, Peter Galloway - 21 Jun, 2011
TORONTO, June 20 (Reuters) - Brian Wallace, who headed digital marketing efforts at Research In Motion (RIM.TO) (RIMM.O), has left the BlackBerry maker for a job at Samsung (005930.KS), a smartphone competitor that uses Google's (GOOG. ...

RIM Marketer Joins a Rival

Wall Street Journal - Stuart Weinberg - 21 Jun, 2011
BlackBerry maker Research In Motion Ltd. has lost another senior marketing executive as it struggles with a product transition that has triggered profit warnings and a sharp share-price drop. Brian Wallace, RIM's vice president of ...

RIM: The day after

Financial Post - Jonathan Ratner - 21 Jun, 2011
A day after Research In Motion Ltd. fell more than 20%, the stock declined as much as 6.7% despite a positive move for the broader S&P/TSX composite index. Investors have lost confidence in the BlackBerry maker as the company's execution problems ...

Research In Motion shares drop another four per cent

CTV.ca - 21 Jun, 2011
TORONTO â€" Research In Motion shares fell another four per cent Monday morning after the BlackBerry maker took a major drubbing on the Toronto stock market last week. The Waterloo, Ont.,-based company was down $1.05 at $26.19 on the TSX near midday. ...

Meet the new BlackBerry PlayBook in the UAE!

Al-Bawaba - 21 Jun, 2011
Research In Motion (RIM) today announced that it will be showcasing the new BlackBerry PlayBook tablet in various mall locations across the UAE in June and July. The BlackBerry PlayBook is the world's first professional-grade tablet, ...

RIM's BlackBerry Can Rise Again

msnbc.com - Wolfgang Gruener - ‎Jun 19, 2011‎
Investors and analysts have torn Research In Motion and its already wounded BlackBerry brand into pieces following a more than disappointing quarter. Sales are slowing considerably and have turned into a decline, ...

RIM BlackBerry PlayBook launches from June 20

ARNnet - 21 Jun, 2011
Global wireless innovator of Blackberry, Research In Motion (RIM), recently announced the release date for its BlackBerry PlayBook. The company announced that the tablet will be available in Australia from June 20 in three Wi-Fi models (16GB, ...

RIM loses VP of Digital Marketing and Media to Samsung

ITvoir - 21 Jun, 2011
It seems there is no end to Research in Motion's troubles. Recently the company recorded sharpest dip in its stock value, and now it has been reported that it is losing its Digital Marketing Officer to Samsung. According to the latest piece of ...

By: Alfred Siew

Techgoondu - 21 Jun, 2011
Months after it first appeared on the radar, the Blackberry Playbook is finally making its way to stores here in Singapore. Priced from S$668, it will go on sale on June 23, as the tablet wars heat up with one more contender entering the arena. ...

Smartphones too small for RBS customers

Total Telecom - 21 Jun, 2011
By Mary Lennighan, Total Telecom, in Singapore Investment bank says tablets 'increasingly influential' as RIM shares pricing for Singapore version of PlayBook. Tablet devices are becoming increasingly important to those working in the finance industry ...

RIM Accidentally Announces New BlackBerry Devices while Updating Screen Resolution

Berry Reporter (press release) (blog) - 21 Jun, 2011
By Brad on Jun 20, 2011 with 0 Hello BlackBerry fan! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. When RIM launches a new phone, they need to tell app developers about the difference of screen resolution. ...

Senior RIM exec jumps ship for Samsung as company begins layoffs

V3.co.uk - Iain Thomson - 21 Jun, 2011
Another senior executive has left RIM, as the ailing Canadian mobile company begins a new round of layoffs to trim costs and maintain profitability. Brian Wallace, RIM's vice president of digital marketing and media, announced he was ...

Will BlackBerry maintain its grip on South Africa?

Moneyweb.co.za - 21 Jun, 2011
JOHANNESBURG â€" BlackBerry seems to have found its playground here in South Africa, by claiming the leading position among smartphones and by being voted the “coolest brand” by the youth according to a recent survey but is it sustainable? ...

Copier Jams at RIM Headquarters! (Humor & Video)

BerryReview - Ronen Halevy - 21 Jun, 2011
“Trusted sources and unnamed insiders reported today at Research In Motion's Headquarters at Phillip Street in Waterloo, Ontario, that one of the back-up copiers on the fourth floor briefly jammed this morning. ...

RIM starts cutting jobs after disappointing quarter

Waterloo Record - 21 Jun, 2011
WATERLOO â€" Four days after announcing it would reduce its workforce, Research In Motion started cutting jobs in Waterloo on Monday. A number of employees received layoff notices after arriving for work. There were reports that as many as 200 employees ...

RIM updates developers with BlackBerry 7 screen resolutions info, confirms ...

MobileSyrup.com - Ian Hardy - 21 Jun, 2011
In all honestly it's a shame to see RIM going through such a troubled time theses days. Their stock price has fallen about 35% since Friday, and news rushed through web today that Brian Wallace, ...

RIM's VP of digital marketing defects to Samsung

VentureBeat - Sean Ludwig - 21 Jun, 2011
Research in Motion's troubles just keep mounting. After a dismal earnings report last Thursday, the smartphone maker watched its stock lose a quarter of its value. Then on Monday, it lost its a digital marketing officer. Brian Wallace, RIM's VP of ...

More bad news for RIM: stock falls 6.7%

Bizjournals.com (blog) - Jeff Bounds - 21 Jun, 2011
When the stock market closed Friday, some may have thought BlackBerry maker Research in Motion had seen the worst of the fallout from its disappointing earnings release. Shares of Canada's RIM (NASDAQ: RIMM), which has its US headquarters in Irving, ...

Let the beating resume: RIM down on departure of marketing exec

ITworld.com - Chris Nerney - 21 Jun, 2011
June 20, 2011, 7:00 PM â€" Shares of Research in Motion (NASDAQ: RIMM), devastated last Friday after the BlackBerry maker sharply revised down its full-year forecast and said it would cut jobs, tumbled even further ...

Important Update For BlackBerry 7 Screen Resolutions, New Simulators “Confirm ...

BlackBerry Rocks! - 21 Jun, 2011
There's been a lot of info popping up all over the web for the new BlackBerry 7 OS. From an official BlackBerry 7 Java SDK beta to plenty of leaked OS updates, and even some live photos for a few unreleased BlackBerry smartphones. ...

Lack of Vision To Blame For BlackBerry PlayBook's Email Issues

Gotta Be Mobile - Josh Smith - 21 Jun, 2011
When you think of BlackBerry devices you immediately go to the native email app and BlackBerry Messaging System, so when the BlackBerry PlayBook launched without the famous email app it left us scratching our heads. When RIM first confirmed the lack of ...

Marketing Execs Take Rap For RIM Woes

MediaPost Publications - Mark Walsh - 21 Jun, 2011
With BlackBerry-maker Research in Motion in turmoil as its stock price plummets and market share shrinks, marketing executives at the company are taking the fall. The Wall Street Journal reports today that Brian Wallace, ...

No Native Email On Playbook Due To Blackberry Restrictions And Poor Planning ...

CrunchGear - Devin Coldewey - 21 Jun, 2011
The Playbook is a study in missed opportunities. The sexy form factor, interesting new UI elements, and distinct, recognizable branding should have set it apart and made it a real player in the tablet game. ...

 

Subscribe to RSS
Advertise here