Analysts split on BlackBerry's fate

Release Date 28 Nov, 2011 in Reuters

 
   

Analysts split on BlackBerry's fate

Reuters UK - 28 Nov, 2011
(Reuters) - A pair of Monday morning notes on Research In Motion paint sharply contrasting views of the company that makes the BlackBerry. Sterne Agee analyst Shaw Wu downgraded RIM shares to "neutral" from "buy" and said he expects increased ...

Analysts split on BlackBerry's fate

Reuters - 28 Nov, 2011
A person uses the new Blackberry Bold 9900 at a release party to promote the BlackBerry OS 7 devices in Toronto August 3, 2011. (Reuters) - A pair of Monday morning notes on Research In Motion paint sharply contrasting views of the company that makes ...

Analysts split on BlackBerry's fate

Reuters Canada - 28 Nov, 2011
(Reuters) - A pair of Monday morning notes on Research In Motion paint sharply contrasting views of the company that makes the BlackBerry. Sterne Agee analyst Shaw Wu downgraded RIM (RIM.TO: Quote) (RIMM.O: Quote) shares to "neutral" from "buy" and ...

Research in Motion, Shaw Wu Only Regrets He Didn't Downgrade You Sooner

Wall Street Journal (blog) - 28 Nov, 2011
Ben Dummett wrote earlier about Gus Papageorgiou, one of the last remaining bulls on the perpetually troubled Research in Motion. Shortly after Papageorgiou penned his love letter to RIM today, another analyst, Shaw Wu of Sterne Agee, ...

Research in Motion 'Absurdly Oversold,' Declares Analyst

Wall Street Journal (blog) - 28 Nov, 2011
Bucking the street's increasingly bearish view of Research In Motion, Scotia Capital's Gus Papageorgiou this morning declared the stock “absurdly oversold” and reiterated his “outperform” rating. Papageorgiou also contended RIM's ...

RIM: Sterne Agee Cuts To Hold, But Scotia Says Way Oversold

Barron's (blog) - 28 Nov, 2011
Shares of Research in Motion (RIMM) are up 60 cents, or almost 4%, at $16.60 this morning after Scotia Capital and Sterne Agee took opposing positions on the stock. Sterne Agee's Shaw Wu cut his rating on the shares to Neutral from Buy, ...

For RIM, lowered expectations may still be too high

CNET (blog) - 28 Nov, 2011
Wall Street has already been down on Research In Motion, but one analyst says the negative sentiment enveloping the BlackBerry maker may not be sufficient yet. ...

RIM downgraded on competition fears

CANOE - 28 Nov, 2011
Sterne Agee downgraded Research In Motion Ltd to "neutral" from "buy," and said it expects increased competition to hurt the BlackBerry maker's margins. Highly competitive pricing from HTC Corp, Amazon.com Inc, Samsung Electronics and Apple Inc have ...

The iPhone Is Good But It Won't Kill The BlackBerry

Seeking Alpha - 28 Nov, 2011
Recently, there has been increasing chatter and worry over the future of Research in Motion (RIMM), the maker of the BlackBerry. As the iPhone has taken the US market by storm, the BlackBerry has become notable for its lack of cultural cachet. ...

Analyst Rating Flashback: Research In Motion Down 14.2% Since Downgraded 7 ...

Financial News Network Online - 28 Nov, 2011
One week ago Research In Motion (NASDAQ:RIMM) was downgraded from Market Perform to Underperform at JMP Securities. The stock closed at $16.00, which is 14.2% lower than the price one week ago ($18.65). Research In Motion Limited (RIM) designs, ...

Research In Motion Limited (NASDAQ:RIMM) Testing Blackberry NFC Tech

eMoneyDaily - 28 Nov, 2011
The BlackBerry maker Research In Motion Limited (NASDAQ:RIMM) said it has partnered with the Spanish firm Telefonica to test Near Field Communication (NFC) technology based payment and identity card system in Spain. As a trial, 350 Telefonica employees ...

Ahead of the Bell: Research In Motion downgraded

MSN Money - 28 Nov, 2011
NEW YORK (AP) - Sterne Agee analyst Shaw Wu lowered his rating on shares of Research In Motion Ltd. on Monday, saying the BlackBerry smart phone maker faces heightened competition that will likely pressure its profit margins. ...

Sterne Agee Cuts RIM (RIMM) to Neutral as Street Estimates Still Too Lofty

StreetInsider.com (subscription) - 28 Nov, 2011
Shares of Research In Motion (NASDAQ: RIMM) are bouncing Monday morning following notable downside last week. The stock is moving higher despite an earlier downgrade from Sterne Agee's Shaw Wu. Wu now rates RIM a Neutral, down from Buy previously. ...

Research In Motion (RIMM) Shares Downgraded to a "Neutral" Rating by Sterne ...

LocalizedUSA - 28 Nov, 2011
Research In Motion (NASDAQ: RIMM) was downgraded by equities research analysts at Sterne Agee to a “neutral” rating in a research note issued to investors on Monday. Separately, analysts at Morgan Stanley (NYSE: MS) cut their EPS estimates on shares of ...

RIM launches BBM Music in Italy

Telecompaper (subscription) - 28 Nov, 2011
Research In Motion (RIM) has launched its Blackberry Music service in Italy. The new cloud-based service allows sharing of music with contacts on BlackBerry Messenger. The service will be tested for 30 days, after which it will be available for EUR ...

RIM launches BlackBerry music service in Spain

Telecompaper (subscription) - 28 Nov, 2011
Research In Motion has launched its Blackberry music service, dubbed BBM Music, in Spain. BBM Music is a cloud-based, social music service that allows users to pick up to 50 tracks a month to listen to on their BlackBerry, also in offline mode. ...

 

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