As Apple Goes Up, Research in Motion Goes Down

Release Date 14 Oct, 2011 in Forbes

 
   

RIM: Outage Could Stoke Investor Outcry, Says JMP

Barron's (blog) - Tiernan Ray - 14 Oct, 2011
JMP Securities's Alex Gauna today reiterates a Market Perform rating on shares of Research in Motion (RIMM), writing that the service outage that started on Monday for BlackBerry users, and that was resolved this morning, ...

As Apple Goes Up, Research in Motion Goes Down

Forbes - 14 Oct, 2011
Over the last six month, Apple's (NASDAQ: AAPL) success has had an inverse affect on Research in Motion (NASDAQ: RIMM). While this might not come as a surprise to the million people who have pre-ordered the iPhone 4S, there was a time â€" not too long ...

Research In Motion Said Services Are Better Following Three-Day Outage

YouTube - 14 Oct, 2011
Research In Motion (NASDAQ:RIMM) posted a statement Thursday saying that services are better after a three-day outage that interrupted email messages and Internet services for millions of customers. Customers in Europe, the Middle East, ...

BlackBerry Global Outages Due To European Backup Failure

YouTube - ‎Oct 12, 2011‎
Research in Motion (NASDAQ:RIMM) held a quick press conference call today to address the constant outages that began in Europe then reached to different parts of the world including the US The message was clear-cut: a "core switch failure" in their ...

RIM Rebounds: Susquehanna Sees A Lot Riding On QNX Update

Barron's (blog) - Tiernan Ray - ‎Oct 12, 2011‎
Susquehanna Financial Group's Jeffrey Fidacaro this morning offers up his view on the service outages of Research in Motion's (RIMM) BlackBerry, which started Monday and have occurred on multiple continents. RIM shares have actually ...

UPDATE: Research In Motion Faces Revolt Following Switch Failure

YouTube - ‎Oct 12, 2011‎
The Guardian reported that Research In Motion (NASDAQ:RIMM) is facing a user revolt after tens of millions of users in Europe, the Middle East and Africa suffered a second day without services like BlackBerry Messenger after the company experienced ...

RIM Sags Amidst Outages; Jefferies Dashes Buyout Speculation

Barron's (blog) - Tiernan Ray - ‎Oct 12, 2011‎
Shares of Research in Motion (RIMM) are down 32 cents, or 1.3%, at $24.13, as the company contends with some ongoing service outages for its BlackBerry devices on multiple continents. CNBC this morning reported RIM confirmed outages in ...

Research In Motion (RIMM) CEO Apologizes to Users on YouTube for Outage

StreetInsider.com (subscription) - 14 Oct, 2011
Research In Motion Limited (Nasdaq: RIMM) founder and Co-CEO Mike Lazaridis took to YouTube Thursday to appologize to users for this week's massive outage. "We let many of you down," he said. Lazaridis indicated the company is working around the clock ...

RIM Outage Spreads To US

Investor's Business Daily - ‎Oct 12, 2011‎
8. Bruised by Apple's (AAPL) iPhone and Google (GOOG) Android smartphones, Research In Motion (RIMM) is now battling a widening service glitch. RIM advised some customers that a text and browsing outage that earlier hit India and Europe had spread to ...

RIM: Outages Caused by European Backlog

TheStreet.com - Olivia Oran - ‎Oct 12, 2011‎
NEW YORK (TheStreet) -- Global disruptions in Research In Motion's(RIMM) service beginning earlier this week were caused by the breakdown of a core switch in Europe and the subsequent malfunction of its back-up ...

RIM, Apple Weigh on Nasdaq-100 ETF

ETF Trends - Tom Lydon - ‎Oct 12, 2011‎
PowerShares QQQ (NasdaqGM: QQQ) pared its gain Wednesday in the final hour of trading as components Research in Motion (NasdaqGS: RIMM) and Apple (NasdaqGS: AAPL) capped the Nasdaq-100 exchange traded fund's advance. RIM shares were in negative ...

Susquehanna Says BlackBerry Issues May Shoo Off Potential Buyers of RIM (RIMM)

StreetInsider.com (subscription) - ‎Oct 12, 2011‎
An analyst at Susquehanna Wednesday considered the possible negative implications of recent worldwide network problems at Research In Motion (Nasdaq: RIMM). Questioning whether the issues are related to hardware or the upcoming QNX OS software upgrade, ...

Is Research In Motion (RIMM) On The Brink of Collapse?

Market Intelligence Center - ‎Oct 12, 2011‎
The past couple of years have not been kind to Research in Motion (RIMM). The company was once the king of the smartphone market, but has been watching its market share steadily erode to both Apple (AAPL) and Google (GOOG) powered smartphones. ...

Activist Investors in Research In Motion (RIMM) Should Hold Off, Or Move On ...

StreetInsider.com (subscription) - ‎Oct 12, 2011‎
Are you an activist investor in Research In Motion Ltd. (NASDAQ: RIMM)? Then you should pause, according to one analyst Wednesday. Jefferies' analyst Peter Misek warned that RIMM will be very hard to turnaround and activists should wait at least ...

Research in Motion: A breakup at the present time significantly undervalues RIM

Economy News - Will Peters - ‎Oct 12, 2011‎
Analysts at investment bank Jefferies say that waiting until RIM transitions to QNX would remove this risk and valuation discount. Research In Motion Limited (TSE:RIM) (NASDAQ:RIMM) is facing persistent market chatter about the possibility of a merger, ...

Research In Motion Attracts Short- and Long-Term Put Players

Schaeffers Research - Andrea Kramer - ‎Oct 11, 2011‎
BlackBerry maker Research In Motion Limited (RIMM - 24.15) has found itself in the headlines once again today, after activist investor Jaguar Financial Corp. said it's gained more support in its push for RIM to explore strategic options. ...

Shares of Research In Motion Receive a Boost, Up 3.9%

Financial News Network Online - Mallory Stone - ‎Oct 11, 2011‎
Research In Motion (NASDAQ:RIMM) is one of today's notable stocks on the rise, up 3.9% to $24.14. The S&P is trading higher by 0.3% to 1198 and the Dow is trading fractionally higher to 11435. Research In Motion Limited (RIM) designs, manufactures, ...

Research in Motion (RIMM) Up 3% As Activist Investor Declares 8% Support

Market Intelligence Center - ‎Oct 11, 2011‎
Research in Motion (NASDAQ: RIMM) opened at $24.13. So far today, the stock has hit a low of $23.63 and a high of $24.25. RIMM is now trading at $23.94, up $.71 (3.06%). Over the last 52 weeks the stock has ranged from a low of $19.29 to a high of ...

RIM (RIMM) is Back Online After Internet, Messaging Blackout in EMEA

StreetInsider.com (subscription) - ‎Oct 11, 2011‎
Following reports certain services in Europe, the Middle East, and Africa (EMEA) were experiencing outages, Research In Motion (Nasdaq: RIMM) has said those services have since been restored. The BBC reported early Tuesday that RIM believes all ...

RIM (RIMM) Says Email Service Restored, Warns of Possible Delays for IM ...

StreetInsider.com (subscription) - ‎Oct 10, 2011‎
Shares of Research In Motion (Nasdaq: RIMM) are volatile after hours Monday as Bloomberg is reporting on an email statement from the company which suggests the BlackBerry email service has been restored. RIM has said some users may still see delays to ...

Research in Motion (RIMM) volatility stays elevated at 79

StreetInsider.com (subscription) - ‎Oct 10, 2011‎
Research in Motion (Nasdaq: RIMM) currently up 2.7 percent to $23.99. Canaccord Genuity say's "Long-term concerns make premium take-out valuation unlikely." Overall option implied volatility of 79 is above its six-month average of 54 according to Track ...

RESEARCH IN MOTION SAID SERVICES ARE BETTER FOLLOWING THREE-DAY OUTAGE (RIMM)

Zacks.com - 14 Oct, 2011
Oct 13, 2011 (SmarTrend(R) News Watch via COMTEX) -- Research In Motion (NASDAQ:RIMM - Analyst Report) posted a statement Thursday saying that services are better after a three-day outage that interrupted email messages and Internet services for ...

Jefferies Maintains Underperform Rating and $21 PT on Research in Motion

Benzinga - Joe Young - ‎Oct 12, 2011‎
A report from Jefferies reiterates its Underperform rating and $21 price target on Research in Motion (NASDAQ: RIMM). In the report, Jefferies writes, “We believe any potential acquirers will wait until the QNX transition is completed as ...

 

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