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RIM's Stock Falls Below Book ValueBloomberg - Nov 3, 2011A man sits in front of signage for Research In Motion Ltd.'s BlackBerry smartphone at a mobile phone store. A man sits in front of signage for Research In Motion Ltd.'s BlackBerry smartphone at a mobile phone store. Photographer: Adeel Halim/Bloomberg ... |
RIM's stock, down 68% this year, falls below book valueLos Angeles Times - Nov 2, 2011BlackBerry maker Research in Motion's stock fell below its book value Wednesday for the first time in nine years, a sign that investors consider the company to be worth less than the net value of its property, patents and other assets, according to ... |
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RIM's decline prompts calls for company break upSydney Morning Herald - Nov 2, 2011Research In Motion's stock fell below its book value for the first time in nine years, prompting investors to call for the company to be broken up and its assets sold. Investors now consider the former market leader to be worth less than the net value ... |
Shocker: RIM now worth less than book valueCBS News - Nov 2, 2011Research in Motion shares are now trading below book value and the previous argument for not tossing co-CEOs Mike Lazaridis and Jim Balsillie to the curb revolved around disruption. Mike and I would like to address some of the concerns that have been ... |
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RIM's U.S. Market Losses Lead To Stock CollapseInformationWeek - Nov 2, 2011Research In Motion's stock price hit a seven-year low at the same time the BlackBerry maker's share of the US market reached a new bottom. By Eric Zeman InformationWeek Research In Motion has had a bad year, and it shows no signs of being able to turn ... |
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RIM's stock dips below book value amid troubled yearCTV.ca - Nov 2, 2011Research in Motion's stock dipped below its book value for the first time since 2002 on Wednesday, highlighting the BlackBerry maker's fall from smartphone supremacy. RIM's shares were listed at $18.91 (all figures USD) when the NASDAQ index in New ... |
RIM's Stock Falls Below Book Value on BlackBerry Sales SlumpBusinessWeek - Nov 2, 2011Nov. 2 (Bloomberg) -- Research In Motion Ltd.'s stock fell below its book value for the first time in nine years, a signal investors consider the BlackBerry maker to be worth less than the net value of its property, patents and other assets. ... |
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BlackBerry maker's shares fall to seven-year lowReuters India - Nov 2, 2011Blackberry smartphones are pictured in this illustration photo taken in Berlin October 13, 2011. Research In Motion shares fell to a seven-year low in Toronto on Wednesday as the market digested further evidence of the smartphone maker's declining ... |
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Research in Motion: Now Below Book ValueWall Street Journal (blog) - Nov 2, 2011Its shares were recently down 2.5% at $18.82, bucking a broader market rally, following a rout Tuesday, during which shares in the BlackBerry maker hit their lowest level in seven years. According to FactSet, RIM's book value was $19.05 ... |
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Rim Skids ReduxWired News (blog) - Nov 2, 2011Rim is teetering at the point where5 the once-dominant mobile phone company would be worth less than the sum of it parts. Bloomberg reports that Rim hit $18.66 at 1:31 today, below the company's book value of $18.92. ... |
RIM shares fall to seven-year lowFox Business - Nov 2, 2011Research In Motion shares fell to a seven-year low in Toronto on Wednesday as the market digested further evidence of the smartphone maker's declining share of the lucrative US market. RIM's slice of the lucrative US smartphone market fell to 9 percent ... |
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RIM's shares fall to seven-year lowReuters - Nov 2, 2011A RIM hostess uses her Blackberry device at the ITU Telecom World in Geneva October 24, 2011. TORONTO (Reuters) - Research In Motion shares fell to a seven-year low in Toronto on Wednesday as the market digested further evidence of the smartphone ... |
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RIM shares trade at 7-year lowCBC.ca - Nov 2, 2011Shares in Research in Motion traded below the company's breakup value for a time Wednesday, reaching a new seven-year low. Stock in the Waterloo, Ont.-based BlackBerry maker fell to as low to as $18.77 a share, before recovering to close at $19.18, ... |
RIM's stock dips below book value amid troubled yearCTV.ca - Nov 2, 2011Mike Lazaridis, co-CEO of Research in Motion delivers the keynote address at the Blackberry DevCon Americas conference in San Francisco, Tuesday, Oct. 18, 2011. (AP / Eric Risberg) Research in Motion's stock dipped below its book value for the first ... |
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RIM forms outage investigation 'SWAT team'National Post (registration) - Nov 2, 2011Research In Motion Ltd., trying to rebuild client faith in its BlackBerry smartphone network after a three-day outage last month, formed a “SWAT team” to find the cause of the failure across five continents. By Jonathan Browning and Hugo Miller ... |
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RIM forms a team to solve downtime problemInquirer - Nov 2, 2011CANADIAN COMMUNICATIONS FIRM Research in Motion (RIM) has pulled together a team that it hopes will find out what happened to cause the spread of its significant downtime. The firm experienced a four day outage earlier this month that saw ... |
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RIM phone share slidingCalgary Herald - Nov 2, 2011SMARTPHONE . Research In Motion Ltd. continues to cede ground to its competitors in the battle for smartphone supremacy in the United States. RIM's share of the US smartphone market has fallen nearly 60 per cent over the past 12 months, ... |
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International Medical Corps Recognises RIM For Humanitarian Relief EffortsMoneycontrol.com - Nov 1, 2011International Medical Corps is recognising Research In Motion (RIM) at its 2011 Annual Awards Celebration in Los Angeles for the role of BlackBerry smartphones in assisting disaster recovery efforts around the world. International Medical Corps is a ... |
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RIM stock falls below $20Globe and Mail - Nov 1, 2011Three negative developments came in quick succession this week for Research In Motion Ltd., RIM-T a company that is desperately battling to regain its momentum after a series of damaging missteps over the past year. On Tuesday, RIM's shares dipped ... |
RIM's US market share hits new lowToronto Star - Nov 1, 2011Stock in Research In Motion Ltd. closed below $20 for the first time since July 2004 on Tuesday after a report showed the smartphone maker's US market share fell to 9 per cent in the third quarter from more than 24 per cent a year ago. ... |
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International Medical Corps Honors Humanitarian Partners at Annual Awards ...MarketWatch (press release) - Nov 1, 2011LOS ANGELES, Nov. 1, 2011 /PRNewswire via COMTEX/ -- International Medical Corps will pay tribute at its 2011 Annual Awards Celebration to a select group of dedicated supporters who have worked tirelessly to help the organization provide humanitarian ... |
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BlackBerry Recognized by International Medical Corps for Role in Assisting ...MarketWatch (press release) - Nov 1, 2011WATERLOO, ONTARIO, Nov 01, 2011 (MARKETWIRE via COMTEX) -- International Medical Corps is recognizing Research In Motion (RIM) /quotes/zigman/18534/quotes/nls/rimm RIMM -3.16% /quotes/zigman/18555 CA:RIM -3.21% at its 2011 Annual Awards Celebration in ... |
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RIM shares dip below $20 for first time since 2004Financial Post - Nov 1, 2011RIM's stock has fallen 66% for the year, and was down to $19.60 Tuesday afternoon on the Toronto Stock Exchange. Shares listed on the US-based Nasdaq were also down below $20, trading at US$19.28. The BlackBerry maker's stock has been steadily ... |
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RIM's share of US smartphone market falls to 9%National Post (registration) - Nov 1, 2011Research In Motion Ltd. continues to cede ground to its competitors in the battle for smartphone supremacy in the United States. RIM's share of the United States smartphone market has fallen nearly 60% over the past 12 months, to just 9% in the third ... |
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RIM's tablet deal: good marketing or desperation?Toronto Star - Oct 31, 2011The next two months will make or break troubled Research in Motion Ltd., and its latest promotion, buy two tablets and get one free, could be an integral part of its strategy, experts say. Waterloo-based BlackBerry maker RIM is offering three PlayBooks ... |
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Research In Motion Eviscerated By Veritas AnalystWall Street Journal - Oct 31, 2011TORONTO (Dow Jones) -- In one of the more devastating breakdowns of BlackBerry-maker Research in Motion Ltd.'s (RIMM) recent troubles, Veritas Investment Research estimates that the company's stock has a 50% chance of dropping below $10 in 2012. ... |
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BlackBerry Outage Prompts Class Action SuitInformationWeek (blog) - Oct 31, 2011RIM's problems are entirely of their own making. The global outage never should have happened. In fact, such an outage that targets one platform is impossible with devices that run iOS, Android, Windows Phone, and pretty much anything else. ... |
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Veritas says RIM could fall to single-digitsFinancial Post - Oct 31, 2011On Wednesday, blackouts that began Monday in Europe, Africa and the Middle East spread to North America, knocking BlackBerry users in the United States and Canada off-line. Warning that Research In Motion Ltd. is on track to deliver single-digit ... |
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Buy two Blackberry Playbooks, get one freeInquirer - Oct 31, 2011CANADIAN COMMUNICATIONS OUTFIT Research in Motion (RIM) is really trying to push sales of its Playbook tablet and the latest move from its marketing department is to offer business buyers one free device for every two that they buy. ... |
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Desperate RIM in 'buy two PlayBooks, get one free' offerRegister - Oct 31, 2011RIM has resorted to giving away its little-fondled BlackBerry PlayBook as part of a promo to drive sales to biz customers stateside. In a deal usually reserved for commodity items in supermarkets, ... |
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