Investors press RIM to reform board

Release Date 7 Sep, 2011 in Financial Times

 
   

Shareholder demands RIM sell itself or spin off patents

Register - Anna Leach - 7 Sep, 2011
A shareholder has told RIM it should consider selling itself or spinning off its patent portfolio. The CEO of Jaguar Financial Group, who would not say how large Jaguar's RIM stake is, told the company it ...

Investor tells RIM to sell itself or spin off patents

Inquirer - Lawrence Latif - 7 Sep, 2011
SMARTPHONE MAKER Research in Motion (RIM) has been urged by an investor to consider selling itself or spinning off its patent portfolio. Vic Alboini, CEO of investor Jaguar Financial Group made the comments to Bloomberg, but would not ...

RIM Targeted by Small Firm

Wall Street Journal - Ben Dummett, Judy Mckinnon - 7 Sep, 2011
TORONTOâ€"A little-known Canadian activist investor called for Research In Motion Ltd.'s board to consider a wide range of strategic alternatives, including a possible sale of the company or its patent holdingsâ€"a fresh ...

Investor puts heat on struggling RIM to take action

Hamilton Spectator - LuAnn LaSalle - 7 Sep, 2011
MONTREAL Research In Motion is failing in the “dynamic” consumer market and should consider putting itself up for sale or spinning off its patent portfolio into a separate company, says an investment bank with holdings in the struggling BlackBerry ...

Influential Investor Urges RIM to Sell Itself or Spin Off Patents

PC Magazine - Damon Poeter - 7 Sep, 2011
Research in Motion was urged by Jaguar Financial's influential CEO Vic Alboini on Monday to spin off its wireless patent or sell itself outright, according to Bloomberg. Jaguar has a stake of unknown size in the maker of BlackBerry ...

Investors press RIM to reform board

Financial Times - Paul Taylor - 7 Sep, 2011
Research in Motion, the Canadian manufacturer of BlackBerry smartphones and PlayBook tablets, faces fresh pressure from activist shareholders concerned about the company's recent performance and plunging share price ahead of ...

Shareholder urges major shakeup at RIM

Toronto Star - Mike Cassese - 7 Sep, 2011
Research In Motion Co-CEO Jim Balsillie with President and Co-CEO Mike Lazaridis during the annual general meeting of shareholders in Waterloo July 12. MONTREALâ€"An investment bank with holdings in struggling Research In Motion (TSX: RIM) is urging ...

RIM investor calls for sale of company or patents

CNET - Roger Cheng - 7 Sep, 2011
Research in Motion should look into selling itself or its treasure trove of patents, an investor tells Bloomberg today. Vic Alboini, chief executive of merchant bank Jaguar Financial Corp. and an investor in RIM, said in an interview with Bloomberg ...

RIM shareholder urges patent spin-off or sale: Why it's too early to quit

ZDNet (blog) - Larry Dignan - 7 Sep, 2011
Summary: A RIM shareholder wants a patent spin-off and possible a sale of the company. Is the timing right? Research in Motion shareholder Jaguar Financial Corp. is urging the company to sell itself or ...

China Mobile Rises Most in 2 Weeks After Adding RIM's BlackBerry

Bloomberg - Belinda Cao - 7 Sep, 2011
China Mobile Ltd. (941), the world's biggest phone carrier by subscribers, rose the most in two weeks after Research In Motion Ltd. introduced the first BlackBerry smartphone that will work on the Chinese ...

No One Betting on a RIM Takeover?

Wall Street Journal (blog) - Shira Ovide, Kelvin Soh - 7 Sep, 2011
Normally, you'd think we'd see some investor enthusiasm that something, anything might jolt RIM's stock price. And yet, RIM's shares are barely budging today. (Granted, most other stocks are deeply in the red, so RIM's 12-cent bump today ...

RIM shareholder calls for strategic shake up

Toronto Sun - 7 Sep, 2011
A shareholder in Research In Motion said Tuesday it wants the BlackBerry maker to consider selling itself or spinning off its patent portfolio. (QMI AGENCY FILES) Research in Motion may have a shareholder revolt to add to its woes. ...

RIM Investors Push For Sale, Breakup

InformationWeek (blog) - Eric Zeman - 7 Sep, 2011
Research In Motion should explore transformational changes, including the breakup or sale of the company, says the CEO of Jaguar Financial. By Eric Zeman InformationWeek "It is time for transformational change," said Jaguar Financial CEO Vic Alboini in ...

RIM's positive reaction

Macleans.ca - Erica Alini - 7 Sep, 2011
“RIM is a reactionary company,” a former executive at Research In Motion recently told Boy Genius Report, a technology website. For years, the top dogs at RIM refused to believe that the ...

Activist Fund Calls for Breakup of BlackBerry Maker

New York Times - Azam Ahmed - 7 Sep, 2011
A small Canadian activist investor is calling on the board of Research in Motion to explore options to increase the company's share price, including a potential sale or spinoff of its patent portfolio. In a letter to the board, ...

RIM Urged by Investor Jaguar to Sell Itself or Spin Off Wireless Patents

Bloomberg - Hugo Miller - 7 Sep, 2011
Research In Motion Ltd. (RIMM), the maker of the BlackBerry smartphone, should consider selling itself or spinning off its patents to boost investor returns after a slump in its stock price, ...

Roundup: Sprint's Challenge, RIM Urged To Do Something

Barron's (blog) - Tiernan Ray - 7 Sep, 2011
Nasdaq 100 Composite futures are off this morning, along with the other major index futures, hurt by global macroeconomic worries. The Nasdaq September contract is down 41 points at 2123.75. Several venues this morning are reporting that ...

Shareholder urges RIM to explore strategic options

Globe and Mail - 7 Sep, 2011
An investment bank with holdings in Research In Motion Ltd. RIM-T is urging fellow shareholders to push the BlackBerry maker to explore its strategic options, including potentially selling or splitting up the company. Jaguar Financial Corp. ...

RIM urged to sell its patents or itself

TelecomTV - 7 Sep, 2011
In yet another example of patent absurdity, Canada-headquartered RIM, the maker of the BlackBerry, is being pressed by one of its major shareholders either to sell the family silver and/or the family homestead. Martyn Warwick reports. ...

RIM Shareholder Jaguar Financial Corp Urges Smartphone Maker To Contemplate Sale

Social Barrel - Solon Harmony Dolor - 7 Sep, 2011
Jaguar Financial Corp urged on Tuesday Canadian smartphone maker Research In Motion (RIM) to consider selling the company or do a better job monetizing on its patent portfolio. A shareholder in Research In Motion (RIM) wants the company to better ...

RIM Stock: Investor calls for company sale if things don't improve

Product Reviews - Gary Johnson - 7 Sep, 2011
The troubles at smartphone maker RIM have been much publicized over the last year or so as the company rapidly loses market share. It is trying to improve matters though and has some good looking handsets being released. Today we have news of RIM stock ...

RIM shareholder demands change

Know Your Mobile (blog) - Paul Briden - 7 Sep, 2011
One of RIM's shareholders has written a letter to the company requesting it turn things around by any means necessary, even suggesting a possible sale of the company. Vic Alboini, Jaguar Financial Corporation CEO and five per cent shareholder of RIM, ...

Investor Calls on RIM to Look For Alternatives

Beacon Equity Research - 7 Sep, 2011
Canadian Investor Jaguar Financial Corp. in a statement said, the BlackBerry smartphone manufacturer Research In Motion Ltd. (NASDAQ:RIMM) must consider selling itself or divest the company by selling its wireless patents, in order to boost return on ...

RIM investor calls for sale of company

Telecompaper (subscription) - 7 Sep, 2011
Research In Motion is facing a new call from shareholders to change its strategy. Jaguar Financial, a Canadian shareholder in RIM, called for the company's board to start a strategic review, aimed at maximizing shareholder value. ...

RIM investor urges company to consider sale

Digitaltrends.com - 7 Sep, 2011
Jaguar Financial Corporation CEO Vic Alboini said today in an interview that he is uring BlackBerry maker Research in Motion to form a committee of independent executives to explore selling the company. The public move comes as RIM is seeing its once ...

Research In Motion

Investor's Business Daily - 7 Sep, 2011
Research In Motion (RIMM) shareholder Jaguar Financial said it wants the struggling BlackBerry maker to consider selling itself or spinning off its patent portfolio. Jaguar said it wants to wrest control from its co-CEOs, Mike Lazaridis and Jim ...

RIM Shareholder: If You Can't Fix RIM, Then Sell It

All Things Digital - John Paczkowski - 7 Sep, 2011
Research In Motion is broken, and if co-CEOs Jim Balsillie and Mike Lazaridis aren't capable of fixing it, the company should sell itself or sell off its patent portfolio. That's the gist of the call for action put forth by RIM shareholder Jaguar ...

Jaguar Sinks Its Teeth Into RIM

TechNewsWorld - Rob Spiegel - 7 Sep, 2011
RIM's faltering performance in recent years has prompted one shareholder -- Jaguar Financial -- to recommend that the BlackBerry maker consider the possibility of selling itself or its patent portfolio. Such drastic action might be ...

RIM shareholder calls for "transformational change" at BlackBerry maker

Cartt.ca (subscription) - 7 Sep, 2011
TORONTO - Research In Motion shareholder Jaguar Financial Corporation is calling on the BlackBerry maker to explore options that could include breaking up or selling off parts of the company. Jaguar said Tuesday that a value maximization process should ...

RIM Encouraged to Pursue Sale

Vision 2 Mobile - Josh Long - 7 Sep, 2011
Jaguar Financial Corporation, a Canadian merchant bank that owns shares in Research in Motion, on Tuesday called on the struggling manufacturer of BlackBerry devices to explore its strategic options, including a potential sale of the company or by ...

 

Subscribe to RSS
Advertise here