Shares of Research in Motion Ltd. dropped 21.5% to their lowest level since 2006 on ... the lowest level since Sept. 12, 2006. The stock has dropped 52% this year. "Its product portfolio is just not up to snuff with its key competitors," said Paul Taylor ...
TORONTO – Jim Balsillie, the co-chief executive of BlackBerry maker Research In Motion Ltd., (RIMM) has stepped down as chairman on Monday as the company announced a $250-million earnings restatement relating to mistakes in how it granted stock options ...
Fox News · 11y
Research in Motion Ltd. yesterday lost its bid to halt proceedings in a patent lawsuit that threatens U.S. sales of its BlackBerry handheld e-mail device ... to $62.34 on the Nasdaq Stock Market. The shares had traded as low as $58.48, a 9.6 percent ...
BlackBerry, known as Research In Motion Ltd. until recently, has sought to achieve a turnaround ... sought to recover losses on behalf of U.S. shareholders who bought the company's stock from December 2010 through June 2011. The lawsuit followed series ...
More money has been lost in the past three months in Apple stock than has ever been lost in the tech disasters known as Hewlett-Packard and Research In Motion combined. That may seem inconceivable, but it's true. Hewlett-Packard and …
TORONTO (Reuters) - Canadian securities regulators have reached a potential settlement with the top two executives of Research In Motion Ltd following an investigation into a stock option accounting controversy dating back to 1996. The Ontario Securities ...
Reuters · 9y
Reporting from Washington — Research in Motion Ltd. said BlackBerry service was fully restored after its worst ... outage added to the company's growing competitive problems. The stock lost 2.2% on Wednesday when the outage hit North America and has ...
TORONTO (Reuters) - BlackBerry maker Research In Motion Ltd will no longer produce the cheapest version ... RIM said it would phase out the 16 GB model of the PlayBook once stock currently with retailers is depleted. The company will continue to produce ...
Reuters · 6y
they burn relationships with not only the company but clients who own the company's stock. So when they finally give up and throw in the towel, you know things really have gone to hell.) But the outlook for BlackBerry-maker Research In Motion has gotten so ...
(Reuters) - Securities regulators in the United States and Canada are close to negotiating final settlements with senior executives of Research in Motion Ltd over controversial ... of RIM for their role in a stock option accounting controversy, Canada ...
Reuters · 9y