RIM's India chief resigns

Toronto Star - 4 Nov, 2011
NEW DELHIā€"Research In Motion's Indian unit said on Thursday its managing director, Frenny Bawa, had left the company to pursue other interests and the BlackBerry maker has appointed an interim replacement. Urpo Karjalainen, senior vice-president for ...

RIM as 'Wounded Puppy' Trails Book Value With Faith Fading

BusinessWeek - 4 Nov, 2011
Nov. 3 (Bloomberg) -- Research In Motion Ltd.'s decline below book value for the first time in nine years leaves the BlackBerry maker worth less than the net value of its property, patents and other assets in a sign of investors' lowered faith. ...

RIM as 'Wounded Puppy' Trails Book Value With Investors' Confidence Shaken

Bloomberg - 4 Nov, 2011
Research In Motion Ltd. (RIM)'s decline below book value for the first time in nine years leaves the BlackBerry maker worth less than the net value of its property, patents and other assets ...

Research In Motion India MD Frenny Bawa quits

Economic Times - 4 Nov, 2011
NEW DELHI: Research In Motion India head Frenny Bawa stepped down from her position of managing director on Thursday, a move that may spell more trouble for the company that is doing extremely well in India but struggling globally. ...

RIM stock hits strange low

Christian Science Monitor - 4 Nov, 2011
RIM stock is now worth less than its total assets. In other words, you could buy every share of RIM stock for less than the value of the company's cash, patents, and real estate. By Matt Rosoff, Business Insider / November 3, 2011 RIM stock dropped ...

RIM says India head leaving company. Full Article

Reuters India - 4 Nov, 2011
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage A salesman displays a Blackberry mobile phone to customers next to dummy handsets at a shop in Jammu October 13, 2011. NEW DELHI (Reuters) - BlackBerry-maker ...

RIM loses head of India operations

Financial Post - 4 Nov, 2011
NEW DELHI ā€" Research In Motion's Indian unit said on Thursday its managing director Frenny Bawa has left the company to pursue other interests and the BlackBerry-maker has appointed an interim head for the country's operations. ...

RIM suffers first quarterly drop in smart phone shipments

Globe and Mail - 4 Nov, 2011
In yet another bit of bad news for Research In Motion Ltd. RIM-T, new data from research firm IDC show the BlackBerry-maker suffered its first year-over-year decline in global smart phone unit shipments in the third quarter of the calendar year. ...

RIM's Top Executive in India Quits

Wall Street Journal - 4 Nov, 2011
NEW DELHIā€"Research In Motion Ltd., the Canadian maker of the BlackBerry smartphone, said Thursday that the managing director of its Indian operations, Frenny Bawa, has left the company to pursue other interests. ...

RIM's India managing director quits

IBNLive.com - 4 Nov, 2011
New Delhi: BlackBerry maker Research In Motion's India operations head Frenny Bawa quit the company on Thursday to pursue other interests. "This is to confirm that Frenny Bawa, RIM's managing director for India, is leaving RIM in order to pursue other ...

RIM says India head leaves firm; names interim chief

Reuters India - 4 Nov, 2011
Frenny Bawa, Managing Director, Research In Motion (RIM) India speaks during a news conference at the launch of the Blackberry PlayBook in Mumbai June 22, 2011. NEW DELHI (Reuters) - Research In Motion's Indian unit said on Thursday its managing ...

Research in Motion's top executive in India quits

MarketWatch - 4 Nov, 2011
By MarketWatch NEW DELHI -(MarketWatch)- Research In Motion Ltd. /quotes/zigman/18534/quotes/nls/rimm RIMM -0.32% , the Canadian maker of the BlackBerry smartphone, said Thursday the managing director of its India operations, Frenny Bawa, ...

RIM is now worth less than its assets

Register - 4 Nov, 2011
By Brid-Aine Parnell • Get more from this author A fall in the share price of battered BlackBerry maker RIM puts the firm's market value below the value of all its stuff today. With a share price of $18.59 at 12.21 EDT, Research in Motion's total stock ...

RIM says India head leaves firm

Reuters - 4 Nov, 2011
Frenny Bawa speaks during a news conference at the launch of the BlackBerry PlayBook in Mumbai in this June 22, 2011 file photo. NEW DELHI (Reuters) - Research In Motion's Indian unit said on Thursday its managing director Frenny Bawa has left the ...

RIM says India head Frenny Bawa leaving company

Economic Times - 4 Nov, 2011
NEW DELHI: BlackBerry-maker Research In Motion's Indian unit said on Thursday its managing director Frenny Bawa will leave the company to pursue other interests, but did not specify an effective date . RIM has been buffeted by demands from governments ...

RIM India MD quits

Times of India - 4 Nov, 2011
PTI | Nov 3, 2011, 06.36PM IST ta time when the company is facing hurdles due to security concerns, BlackBerry-maker Research In Motion's India Head Frenny Bawa has quit to pursue other interests. NEW DELHI: At a time when the company is facing hurdles ...

RIM a 'wounded puppy' as book value shrinks

Financial Post (blog) - 4 Nov, 2011
RIM declined 2% to US$18.91 yesterday in New York, trailing the book value of US$18.92 a share at the end of last quarter, according to data compiled by Bloomberg. By Hugo Miller and Matt Walcoff Research In Motion Ltd.'s decline below book value for ...

BlackBerry-maker RIM's India MD Frenny Bawa quits to pursue other interests

Economic Times - 4 Nov, 2011
NEW DELHI: At a time when the company is facing hurdles due to security concerns, BlackBerry-maker Research In Motion's India Head Frenny Bawa has quit to pursue other interests. "This is to confirm that Frenny Bawa - RIM's Managing Director for India ...

Blackberry Maker RIM Facing Tough Times Financially

ITProPortal - 4 Nov, 2011
BlackBerry maker Research In Motion (RIM) is facing an all time low. The value of RIM went below the book value which is less than the total value of their patents, property and other assets. This is viewed as a sign of lowered faith of investors. ...

RIM Shares Fall Through Book Value Floor

E-Commerce Times - 4 Nov, 2011
Research In Motion's share value has dipped below the company's book value -- its total assets, including intellectual property, minus intangible assets and liabilities. It's been a tough 2011 for RIM. Earlier this year, its share ...

RIM's stock drops 68%, falls below book value

SlashGear - 4 Nov, 2011
The makers of the BlackBerry, Research In Motion (RIM), had a very tough year. It's been steadily losing business and customer loyalty, struggling through technology problems and eroding investor faith. And now the company is facing a 68 percent drop ...

RIM Supporters Lose Faith as Stock Plummets

Mobiledia - 4 Nov, 2011
Research in Motion traded below book value for the first time in nine years, lessening the value of the BlackBerry maker's assets and indicating a lack of investor faith. RIM's stock is down 68 percent ...

RIMs shares fall as well as customer satisfaction

Goderich Signal-Star - 4 Nov, 2011
I am an undergraduate student at the University of Waterloo, and have become familiar with the amount of dependency that citizens of Waterloo place on the multinational corporation known as RIM. RIM is known for diversified ...

How low can it go? RIM falls below book value

ITworld.com - 4 Nov, 2011
November 03, 2011, 1:25 PM ā€" Shares of Research in Motion (NASDAQ: RIMM) fell to as low as 18.13 in early trading Thursday, a drop of 4.1% from Wednesday's closing price of 18.91. The decline in stock price is notable ...

RIM Stock Drops Below Book Value on BB Market Share Slump

The Inquisitr - 4 Nov, 2011
BlackBerry maker Research in Motion's (RIM) stock fell to seven-year low on Wednesday as the market digested further evidence of the company's declining share of the lucrative US market. Dropping as low as $18.37 during the day, RIM stock price closed ...

RIM Stock Falls Below Book Value

Tom's Hardware Guide - 4 Nov, 2011
It's been a rough year for Research In Motion and it doesn't look like it's going to get easier anytime soon. For the first time in nine years, the company's stock this week fell below book value. BusinessWeek reports that, according to data compiled ...

Blackberry Creator RIM's Stock Continues To Drop

Cinema Blend - 4 Nov, 2011
Are you an iPhone or a Blackberry? That's been the major question for smartphone owners. I know there's plenty of other quality brands out there, but it seemed that for the last few years, you were either with Apple or Research in Motion. ...

Cutting Room: RIM woes give Apple a timely boost

Mobile News - 4 Nov, 2011
It was always going to be a big task for a handset manufacturer to steal the headlines from an impending Apple iPhone launch. But BlackBerry maker RIM pulled it off in spectacular fashion and in doing so, provided its rival with the kind of publicity ...

RIM Shares Drop Below Book Value

eWEEK Europe UK - 4 Nov, 2011
Struggling Blackberry manufacturer Research in Motion's (RIM) stock value is lower than its book value for the first time since 2002, when the company was actually losing money. RIM's share price dropped to $18.91 (Ā£11.80), below the book value of ...

Woes Piling Up For RIM? BlackBerry Makers' Shares Dip Below Book Value

paidContent:UK - 4 Nov, 2011
More turmoil this week from BlackBerry maker RIM (NSDQ: RIMM) that could not be mitigated by the news of the launch of a new distribution deal (the ā€œ4Gā€ Torch 9810 on T-Mobile USA) or a new service (BBM Music now live). On the back of falling market ...

 

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