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RIM Shares Sink on Weak ResultsWall Street Journal - Carolyn King, Chip Cummins - 16 Sep, 2011TORONTO--Selling of Research in Motion Ltd. eased somewhat around midday, but the stock remained sharply lower Friday here and in New York, as investors digested disappointing results from the night before. ... |
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RIM stock down 20 percent, questions swirl about futureVancouver Sun - Paul Thomasch - 16 Sep, 2011Investors punished Research In Motion on Friday, driving the stock down 20 percent and raising fresh questions about whether management -- and even the company -- can overcome a raft of troubles. ... |
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RIM shares tumble on weaker earningsCBC.ca - 16 Sep, 2011Beginning of Story Content Shares of Research In Motion fell sharply on Friday, a day after the company reported disappointing financial results. RIM was off $5.30, or more than 18 per cent, at $24.10 at 11:11 am ET. After the close of regular trading ... |
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RIM watchers lose patienceMontreal Gazette - Jameson Berkow - 16 Sep, 2011TORONTO â€" As Research In Motion Ltd. shares remain in free fall around the world Friday morning after announcing another disappointing quarter on Thursday evening, market watchers are ... |
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Demand drop? RIM net dips 59%Hindustan Times - 16 Sep, 2011PTI Research In Motion Limited (RIM), the maker of BlackBerry smartphones, has reported a nearly 59% decline in net income to $329 million for the three-month period ended August 27. Revenue for the June 28-August 27 quarter of the 2012 fiscal stood at ... |
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RIM sell-off pulls TSX downCBC.ca - 16 Sep, 2011Beginning of Story Content A disappointing earnings report from Research In Motion took the air out of the Toronto Stock Exchange's sails on Friday. Canada's benchmark stock index, which had been up by 0.3% on the week heading into the last day of ... |
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RIM's shrinking margins spark more worryMarketWatch - Dan Gallagher - 16 Sep, 2011SAN FRANCISCO (MarketWatch) â€" Sentiment on Wall Street grew even worse on Research In Motion Ltd. on Friday after the handset maker reported another period of disappointing results that indicated potential long-term ... |
RIM Preps PlayBook OS 2.0InformationWeek - Eric Zeman - 16 Sep, 2011Research In Motion will add email, calendar, and an Android app emulator, but analysts remain skeptical about the tablet's outlook. By Eric Zeman InformationWeek Research In Motion's leadership announced during a call with the press that it will push ... |
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Is RIM being 'excessively punished' as stock dives?CTV.ca - 16 Sep, 2011These are stories Report on Business is following Friday, Sept. 16. Get the top business stories through the day on BlackBerry or iPhone by bookmarking our mobile-friendly webpage. Analysts are slashing their price targets on shares of Research In ... |
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A disappointing earnings report from Research In Motion took the air out of ...Montreal Gazette - Kim Covert - 16 Sep, 2011A disappointing earnings report from Research In Motion took the air out of the Toronto Stock Exchange's sails on Friday. A disappointing earnings report from Research In Motion took the air out ... |
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RIM's Five Steps Back to BlackBerry SuccessPC Magazine - Sascha Segan - 16 Sep, 2011It's way too easy to write epitaphs for BlackBerry maker Research in Motion, given its utterly awful performance last quarter. In summary: Nobody's buying PlayBooks, and too many of RIM's new users appear to be going for low-cost ... |
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RIM, Netflix losses take tech's center stageMarketWatch - 16 Sep, 2011By MarketWatch BlackBerry maker slumps on poor earnings report; subscriber forecast continues to drag done online video-rental giant Netflix. See full story. Research In Motion's big earnings miss and its seemingly unrealistic forecast for the November ... |
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Poor BlackBerry PlayBook sales drag on RIM earningsZDNet UK - Ben Woods - 16 Sep, 2011The BlackBerry PlayBook tablet saw a shortfall of 400000 against expected shipments in the last three months, Research In Motion said during a quarterly earnings report. ... |
RIM Blows It Again, Lowering EstimatesForbes - 16 Sep, 2011Research in Motion announced its August ending fiscal year Q2 2012 results yesterday, which were below its own expectations. The company has yet again over-promised and under-delivered. In each of the last three quarters the company has missed its own ... |
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Canadian Stocks Fall as RIM Sinks After Reporting Profit DropBusinessWeek - 16 Sep, 2011Sept. 16 (Bloomberg) -- Canadian stocks fell, erasing a weekly gain, as Research In Motion Ltd. plunged after reporting earnings that missed the average analyst estimate in a Bloomberg survey. RIM, the BlackBerry maker, tumbled 18 percent in Toronto ... |
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Investors, analysts pummel RIMGlobe and Mail - 16 Sep, 2011To say that Research In Motion Ltd. RIM-T is having a bad day would be a titanic understatement. After releasing second-quarter results on Thursday that missed on almost every major metric â€" including PlayBook tablet shipments that were less than half ... |
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Toronto stock market slightly sinks into red at midday as RIM shares plungeWinnipeg Free Press - Sunny Freeman - 16 Sep, 2011A Blackberry user thumbs through a menu near to Parliament Hill in Ottawa on Oct. 5, 2010. THE CANADIAN PRESS/Sean Kilpatrick TORONTO - The Toronto stock market sank into the red at midday Friday as tech heavyweight Research in Motion's shares plunged ... |
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Prepare for BlackBerry Playbook Price Cuts as RIM SlumpsTIME - Jared Newman - 16 Sep, 2011These days, you've got to be crazy to sell a tablet for the same price as Apple's iPad, so it's no surprise that Research in Motion is planning to slash the price of its ailing Blackberry Playbook tablet. ... |
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RIM share price nosedives following stinky numbersRegister - 16 Sep, 2011By Brid-Aine Parnell • Get more from this author Research In Motion's share price crashed quite spectacularly in the first hour and a half that the market was open in New York, dropping 20 per cent off its price. The BlackBerry and PlayBook maker's ... |
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RIM's BlackBerry service suffers partial blackoutFinancial Post (blog) - Matt Hartley - 16 Sep, 2011@kady @thehartley Having tech trouble in SK too. No data service at all. Using wireless now to connect to Twitter via BB. I'm on Sasktel. @thehartley Rogers device, in the Ottawa area. Been wonky since last night. BlackBerry users across Canada are ... |
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Apple iPhone To 'Steamroll' BlackBerry, Says TiconderogaBarron's (blog) - Tiernan Ray - 16 Sep, 2011Ticonderoga Securities's Brian White today writes that Research in Motion's (RIMM) disappointing fiscal Q2 report last night and mixed outlook is a mixed bag for other companies in the tech universe. It is a definite positive for Apple ... |
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CANADA STOCKS-RIM's plunge pulls TSX lowerReuters - Claire Sibonney, Peter Galloway - 16 Sep, 2011TORONTO, Sept 16 (Reuters) - A plunge in shares of Research In Motion (RIM.TO) following disappointing earnings kept Toronto's main stock market in negative territory on Friday morning, overwhelming optimism that policymakers were ... |
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RIM BlackBerry PlayBook and Smartphone Sales TankTIME - Matt Peckham - 16 Sep, 2011So much for RIM's brief PlayBook sales "surge" to "4.9% of the tablet market": The company's losing market share "much faster than expected to rivals Apple and Google," reports Reuters this morning. ... |
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RIM's Product Failure is Also a Marketing FailureForbes - 16 Sep, 2011I'm the founding partner of the marketing strategy consulting firm Reason inc. Our calling card is a proprietary method the focuses single-mindedly on motivating profitable audience behavior. Marketing success means delivering tangible benefits â€" and ... |
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Research in Motion: This Is What It Sounds Like, When Analysts CryWall Street Journal (blog) - Mark Gongloff - 16 Sep, 2011Research in Motion, the Pride of Canada, dropped yet another disappointing earnings report on the Street last night, leaving investors and analysts to scoop up the mess. The stock dropped 19% at one point after hours and is down 20% ... |
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Will the BlackBerry Playbook go the way of the HP Touchpad?Telegraph.co.uk - Matt Warman - 16 Sep, 2011Last quarter, Apple sold 9.5 million iPads and BlackBerry sold 200000 of its much vaunted PlayBook 'rival'. To put it another way, Apple sells more iPads in two days than BlackBerry sells PlayBooks in three ... |
RIM, Netflix losses take tech's center stageMarketWatch - Rex Crum - 16 Sep, 2011SAN FRANCISCO (MarketWatch) â€" Losses by Research In Motion Ltd. took the tech sector spotlight Friday as the BlackBerry smartphone maker's shares plunged following another disappointing quarterly report that showed tepid ... |
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Analysts react to RIM: The future is uglyGlobe and Mail (blog) - david berman - 16 Sep, 2011Investors aren't the only ones running from Research In Motion Ltd. RIMM-Q on Friday morning. Analysts, too, are expressing grave reservations about the BlackBerry maker as they slash their target prices on the stock, a day after RIM reported ... |
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TSX flat as Friday trading beginsVancouver Sun - Derek Abma - 16 Sep, 2011A Toronto Stock Exchange (TSX) logo is seen in Toronto in a file picture November 2007. The Toronto Stock Exchange was off to a sluggish start Friday as cautious investors sat on recent days' ... |
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RIM Shares Tumble 22% At the Open As Investors Digest Disappointing 2QWall Street Journal - Carolyn King - 16 Sep, 2011Research In Motion Ltd. (RIMM) opened sharply lower Friday, after reporting a 59% drop in profit in the fiscal second quarter on lower-than-expected shipments of its BlackBerry handsets. On Nasdaq, RIM was down $6.55, or 22%, to $23.00 one minute after ... |
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