JMP cuts RIM as competition for low-end market

Release Date 22 Nov, 2011 in Reuters

 
   

Research In Motion, Now at Seven-Year Discount

Wall Street Journal (blog) - 22 Nov, 2011
Research in Motion, which, according to MarketBeat's understanding of ancient languages, is derived from the Canadian word for “falling stock price,” is selling off again today. Even harder than the broader market. ...

JMP cuts RIM as competition for low-end market

Reuters - 22 Nov, 2011
(Reuters) - JMP Securities downgraded Research in Motion (RIM.TO) (RIMM.O) saying it doubts the BlackBerry maker can bring its new phones to market in time, even as pricing competition in countries like India heats up. Nasdaq-listed shares of RIM, ...

RIM Off 6%: JMP Says Sell, RBC, Credit Suisse Slash Estimates

Barron's (blog) - 22 Nov, 2011
Shares of Research in Motion (RIMM) are down $1.08, or 6%, at $17.11 this morning on a raft of negative notes, principal among which is a downgrade to Underperform from Market Perform by JMP Securities's Alex Gauna. ...

RIMM: JMP Downgrades; Credit Suisse, RBC Cut Targets, Ests

Forbes - 22 Nov, 2011
The Street is beating up on Research In Motion again this morning, with a trio of bearish research notes. All three analysts sound similar themes: the company continues to lose ground against both the Apple iPhone and Android-based phones. ...

The Globe and Mail

Globe and Mail - ‎Nov 20, 2011‎
by Google by Canada411.ca by Yellowpages.ca by eluta.ca I say that for three reasons. First, because I may be addicted. Second, because it's a simple and elegant device that has increased my productivity tremendously. And finally, because I believe ...

Analyst Moves: RIMM, WAG

MarketNewsVideo.com - 22 Nov, 2011
Research In Motion (NASDAQ:RIMM) was downgraded today by JMP Securities. A Market Underperform rating was assigned with a $12 price target. Estimates were also cut, as the smartphone sector is experiencing increased competition. Walgreen (NYSE:WAG) was ...

JMP Securities Downgrades RIMM Shares

Ticker Report - 22 Nov, 2011
A JMP Securities research analyst has downgraded Research in Motion (NASDAQ:RIMM) shares to under-perform, which is a change from the firms previous market-perform rating. JMP now has a price target of $12 dollars on RIMM shares and the analyst noted a ...

Research In Motion Looks to Continue to Trade Below its Annual-Low Share Price ...

Financial News Network Online - 22 Nov, 2011
Shares of Research In Motion (NASDAQ:RIMM) traded at a new 52-week low today of $16.93. So far today approximately 17.2 million shares have been exchanged, as compared to an average 30-day volume of 19 million shares. Research In Motion Limited (RIM) ...

Research in Motion Confirms Issues with BlackBerry 7 Smartphones

Financial News Network Online - 22 Nov, 2011
Boy Genius reported that Research in Motion (NASDAQ:RIMM) has confirmed that a "limited number" of customers have reported an issue where Blackberry Bold 9900 or 9930 device does not power on after on left to charge all night. ...

Trade Alert - Research In Motion at New Lows

TradersHuddle.com - 22 Nov, 2011
New York, November 21st (TradersHuddle.com) - Shares of Research In Motion Limited (NASDAQ:RIMM) booked a new 52 week low by trading below $17.17, traders are definitely monitoring Research In Motion's price action to see if this move attracts further ...

Shares of Research In Motion Under Pressure, Down 6.1%

Financial News Network Online - 22 Nov, 2011
Research In Motion (NASDAQ:RIMM) is one of today's biggest movers, down 6.1% to $17.08. The S&P is trading lower by 2.3% to 1188 and the Dow is trading 2.3% lower to 11522. Over the past year, Research In Motionhas traded in a range of $17.08 to $70.54 ...

Research In Motion Stock Hits New 52-Week Low (RIMM)

TheStreet.com - 22 Nov, 2011
By TheStreet Wire 11/21/11 - 10:33 AM EST NEW YORK (TheStreet) -- Research in Motion (Nasdaq:RIMM) hit a new 52-week low Monday as it is currently trading at $17.07, below its previous 52-week low of $17.17 with 4.4 million shares traded as of 10:11 am ...

RESEARCH IN MOTION (RIMM) DOWNGRADE ALERT, WATCH FOR 22.8% TECHNICAL DOWNTREND ...

Zacks.com - 22 Nov, 2011
Research In Motion (NASDAQ:RIMM - Analyst Report) downgraded to Underperform from Market Perform at JMP Securities. The stock closed Friday at $18.19 on volume of 13710100 shares, below average daily volume of 18964637. Research In Motion is currently ...

SMARTREND WATCHING FOR POTENTIAL REBOUND IN SHARES OF RESEARCH IN MOTION AFTER ...

Zacks.com - 22 Nov, 2011
Nov 21, 2011 (SmarTrend(R) News Watch via COMTEX) -- Research In Motion (NASDAQ:RIMM - Analyst Report) traded in a range yesterday that spanned from a low of $18.19 to a high of $18.88. Yesterday, the shares fell 2.47%, which took the trading range ...

Research In Motion (RIMM) Shares Downgraded to a "Underperform" Rating by JMP ...

LocalizedUSA - 22 Nov, 2011
Research In Motion (NASDAQ: RIMM) was downgraded by equities research analysts at JMP Securities from a “market perform” rating to an “underperform” rating in a research note issued to investors on Monday. Separately, analysts at Canaccord Genuity cut ...

JMP Cuts RIMM (RIMM) to Underperform, Sets Street-Low Price Target of $12

StreetInsider.com (subscription) - 22 Nov, 2011
Shares of Research In Motion Ltd. (NASDAQ: RIMM) are continuing lower this week following a downgrade from JMP Securities' Alex Guana. After falling nearly 3 percent on Thursday of last week, and another 2.5 percent on Friday, the stock is currently ...

 

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