OTTAWA (Reuters) - Research In Motion Ltd shares plunged 28 percent on Friday in their biggest one-day decline in eight years after the maker of BlackBerry smartphones revealed an profit outlook that was softer than analysts had expected. …
UPDATE: The stock is down nearly 10% to $12.42 in after-hours trading. RIM also elected against sharing an outlook. “No guidance implies no confidence,” Citi analyst Jim Suva said immediately after the report. 2nd UPDATE: RIM shares are …
based company's stock sank $7.13 on the Toronto Stock Exchange, to close at $27.24 with more than 16 million shares traded — making it the second-most active issue on Canada's largest market. RIM shares haven't been below $30 on a …
Not a super explosive and shifty athlete, Ponds needs his shot to be effective in …
A 20 to 30 percent chance of success is hardly a ringing endorsement. But that forecast for the coming line of BlackBerry 10 phones by Peter Misek, an analyst with Jeffries, was enough to raise the stock price of Research in Motion on …
RIMM is just about the only red stock on my blinking screen in this, another day, in the bull market that keeps right on ripping and taking most big cap stocks up with it. Now I always caution anybody from reading too much into any single …
Shares of BlackBerry maker Research In Motion Ltd fell more than 16 percent on Friday on fears that a new fee structure for its high-margin services segment could put pressure on the business that set it apart from competitors. The services …
OTTAWA (Reuters) - Research In Motion RIM.TO stock tumbled more than 4 percent on Wednesday as mounting concerns that Saudi Arabia will block its service clouded any positive sentiment generated by Tuesday’s launch of a …
Some investors are betting Research in Motion’s stock is in for more pain, even after a rough three years. Shares of the BlackBerry maker have lost more than 38% since February. Investor attempts to pick a bottom in the stock have been …
It seems that Apple’s WWDC keynote had the desired impact for the Cupertino-based company; developers are salivating at the new APIs, consumers can’t wait to get their hands on iOS 5 and Mac OS X Lion operating systems and …