RIM shares down after BlackBerry maker cuts viewBusinessWeek - Apr 30, 2011Shares of Research In Motion Ltd., the maker of the BlackBerry, were down sharply in pre-market trading after it slashed its earnings and sales forecasts for the current quarter. The stock was down $7.04, or 12 percent, at $49.55 in morning trading. ... |
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RIM shares hammered as BlackBerry shows ageEdmonton Journal - Apr 30, 2011Shares of Research In Motion Ltd. plunged in early trading Friday amid a torrent of scathing commentary from analysts after RIM announced it was slashing its near-term outlook due to slow sales of its iconic Black-Berry smartphones. ... |
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BlackBerry stock plummets 14%Hindustan Times - Apr 29, 2011As expected, shares of Research In Motion (RIM) tanked on Friday after the BlackBerry maker slashed its outlook for the current quarter a day earlier. On the Toronto Stock Exchange, RIM stock plunged 14.4% to $46.09, after investors ditched Canada's ... |
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RIM Longtime Bulls Turn Bearish Saying Stock Slide Could Hit 38%Bloomberg - Hugo Miller - Apr 29, 2011Research In Motion Ltd. cut its sales and profit forecasts for this quarter on slower-than- expected demand for BlackBerry smartphones. Photographer: Ramin Talaie/Bloomberg Research In Motion Ltd. (RIMM)'s ... |
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Best Buy: BlackBerry PlayBook Flying Off ShelvesPC Magazine - Damon Poeter - Apr 29, 2011Don't write off Research in Motion's BlackBerry PlayBook just yet. The first media tablets from RIM are flying off the shelves, according to retailer Best Buy. "Best Buy has had great success selling BlackBerry smart phones in North ... |
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Toronto stocks turns higher, but RIM languishesMarketWatch - Carla Mozee - Apr 29, 2011LOS ANGELES (MarketWatch) â€" Canadian stocks turned higher Friday, with gains in commodity-related issues helping the benchmark stave off pressure from slammed shares of Research in Motion Ltd. after the company's profit ... |
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Stephen Foley: BlackBerry feels the squeeze and soon it will be crushedThe Independent - Apr 29, 2011US Outlook: Research in Motion shares have plunged so sharply on the company's profit warning not because the maker of the BlackBerry cut its forecasts, but because it didn't cut its forecasts by enough. The company's management is losing credibility ... |
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RIM Plunges as Analysts See Lost Credibility in Forecast CutBloomberg - Hugo Miller, Greg Bensinger - Apr 29, 2011Research In Motion Ltd. (RIMM) shares fell 14 percent as analysts said a reduced profit forecast hurts management's credibility and raises pressure on the company as it heads into an ... |
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Tech wrap: RIM shares dive ahead of BlackBerry WorldReuters Blogs (blog) - Apr 29, 2011Research in Motion shares tanked to their lowest level since October after the BlackBerry maker slashed its sales and earnings forecasts Thursday, an unexpected blow that followed an anemic forecast in late March and last week's troubled launch of its ... |
BlackBerry maker RIM starts to feel serious squeezeEconomic Times - Apr 29, 2011NEW YORK: Research In Motion is starting to feel a serious squeeze. The BlackBerry maker is hemorrhaging market share and just warned product delays are hurting sales. The pressure is showing: its co-CEO recently stormed off a TV interview when asked ... |
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RIM shares take beating on lowered guidanceGlobe and Mail - Omar El Akkad - Apr 29, 2011April was supposed to mark the beginning of RIM's big comeback. Armed with a new product in a new category (the BlackBerry PlayBook tablet computer) that runs on vastly improved software, the Waterloo, Ont., company looked poised to wrestle the ... |
Is RIM down or is Apple (and others) up?Macleans.ca - Chris Sorensen - Apr 29, 2011by Chris Sorensen on Friday, April 29, 2011 5:53pm - 0 Comments Today, perhaps for the first time, BlackBerry-maker Research In Motion appeared to officially lose the confidence of the analyst community. After months of grumbling about RIM's ... |
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RIM needs to bring new BlackBerrys out on time with no glitches: analystsThe Canadian Press - LuAnn LaSalle - Apr 29, 2011Consumers may not wait to buy Research in Motion's new smartphones while the BlackBerry maker struggles to produce its devices on time and without any bugs, say analysts. The comments come as shares in the Waterloo, Ont.-based company (TSX:RIM) closed ... |
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Toronto stock market makes late turnaround to close ahead on commodities surgeThe Canadian Press - Sunny Freeman - Apr 29, 2011TORONTO â€" The Toronto stock market took a last minute turn into positive territory Friday as commodity prices surged late in the session to overcome a double-digit drop in shares of market heavyweight Research in Motion. The S&P/TSX composite index ... |
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Does RIM need a management shake-up?CanadianBusiness.com (blog) - Joe Castaldo - Apr 29, 2011Joe Castaldo is a staff writer for Canadian Business. He joined the magazine in January 2007 and has written about a variety of topics, including management issues and investing. For Canadian Business Online Joe writes about clean ... |
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CANADA STOCKS-TSX up as resource rise outmuscles RIM dropReuters - Ka Yan Ng, Peter Galloway - Apr 29, 2011TORONTO, April 29 (Reuters) - Toronto's main stock index made a late-day dash higher on Friday as rallying resource issues overcame a plunge in BlackBerry maker Research in Motion (RIM.TO). The Toronto Stock Exchange's S&P/TSX composite index . ... |
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4 Improvements RIM Can Make to Stop SuckingPCWorld - Jared Newman - Apr 29, 2011Research in Motion's having a rough couple of weeks. First, the BlackBerry PlayBook got panned by critics, snubbed by AT&T and dissed by Verizon Wireless. Now, RIM is angering Wall Street by slashing its Q1 ... |
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Commentary: King of hill in mobile email appears to have lost touchMarketWatch - John C. Dvorak - Apr 29, 2011BERKELEY, Calif. (MarketWatch) â€" Research In Motion Ltd. is a seminal mobile-technology company, and has been since the first BlackBerry was called the CrackBerry, a device that addicted its users. While other companies tried to copy ... |
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RIMM, MMI: Analysts' ReactionsBarron's (blog) - Teresa Rivas - Apr 29, 2011Shares of both Research in Motion (RIMM) and Motorola Mobility (MMI) were on the move today, the former down more than 13% on its disappointing first quarter guidance, the latter up nearly 12% on its earnings report. ... |
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At noon: RIM weighs on TSXGlobe and Mail (blog) - David Berman - Apr 29, 2011US stocks held their ground in midday trading on Friday, following upbeat earnings reports from Caterpillar Inc. and Merck & Co. Inc. However, Canada's benchmark index was weighed down by Research In Motion Ltd., which offset higher energy stocks. ... |
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RIM: Where's the pain?Globe and Mail (blog) - David Berman - Apr 29, 2011For all of the missteps by Research In Motion Ltd. RIM-T, one thing has kept bullish investors standing by the company: RIM has reported record-high earnings and revenues quarter after quarter after quarter, with nary a blip. With earnings going higher ... |
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What RIM Must Show Us at BlackBerry WorldPC Magazine - Sascha Segan - Apr 29, 2011The BlackBerry phone lineup has fallen into a dark place. We need to see the light at the end of this tunnel. By Sascha Segan The BlackBerry is dying. Yes, RIM is selling a lot of BlackBerry phones, especially abroad. But look at the sad truth here in ... |
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RIM Shares Drop on Dim OutlookWall Street Journal - Stuart Weinberg - Apr 29, 2011TORONTOâ€"Investors dumped shares of Research In Motion Ltd. Friday, amid growing worry that the BlackBerry maker's current development pipelineâ€"including several new BlackBerry devices powered by its latest operating systemâ€"won't be ... |
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RIM's Reduced Forecast Darkens OutlookInformationWeek - Eric Zeman - Apr 29, 2011Research In Motion predicted it will sell fewer devices than previously thought because it has failed to update its aging line of high-end BlackBerry smartphones. By Eric Zeman InformationWeek RIM desperately needs a new smash-hit device. ... |
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RIM shares hammered over revised outlookCBC.ca - Apr 29, 2011The shares of Research In Motion were hammered Friday after the BlackBerry maker lowered its quarterly outlook. (Paul Sakuma/The Associated Press) Investors punished Research In Motion Friday, knocking its shares down more than 14 per cent, ... |
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BlackBerry PlayBook review: so close, yet so farDallas Morning News (blog) - Victor Godinez - Apr 29, 2011We actually were both very impressed with the hardware and operating system on the PlayBook. The device is sleek, has a great screen, and the OS is intuitive and attractive. But I think I eventually convinced Jim that the lack of native email, ... |
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RIM: The bulls cave inGlobe and Mail (blog) - David Berman - Apr 29, 2011The remarkable development in the Research In Motion Ltd. RIMM-Q story on Friday morning isn't so much the profit warning that the BlackBerry maker issued the previous day, but rather the fact that once-bullish analysts are throwing in the towel on the ... |
At the open: RIM, Microsoft hit hardGlobe and Mail (blog) - David Berman - Apr 29, 2011North American stocks rose modestly at the start of trading on Friday, although investors were focused on two big declining stocks: Research In Motion Ltd. and Microsoft Corp. The Dow Jones industrial average rose 33 points or 0.3 per cent, 12796. ... |
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Research In Motion: Analysts See No Chance Of Quick RecoveryForbes (blog) - Eric Savitz - Apr 29, 2011Thursday's surprise warning from Research In Motion that results for the fiscal first quarter ending in May will fall short of previous guidance due to weak BlackBerry shipments has triggered a big sell-off in the shares â€" and spurred ... |
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CANADA STOCKS-TSX opens little changed, RIM dragsReuters - Claire Sibonney, Peter Galloway - Apr 29, 2011TORONTO, April 29 (Reuters) - Toronto's main stock index was little moved at the open on Friday as a rise in commodity shares was offset by a plunge in BlackBerry maker Research in Motion (RIM.TO). The Toronto Stock Exchange's S&P/TSX composite index . ... |
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