Blackberry | OTC Capital Partners
Wednesday, February 8, 2012

RIM committee stresses importance of independent chair

Posted by Reuters: Business News on January 31, 2012

(Reuters) – A review of Research In Motions’ leadership structure by a committee of independent directors has concluded that no future chief executive or other employee can be chairperson of the BlackBerry maker.



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RIM’s new leader raises doubts among investors

Posted by Reuters: Business News on January 23, 2012

TORONTO/LONDON (Reuters) – The new leader at Research In Motion said on Monday seismic change was not needed at the BlackBerry maker, a declaration seized on by impatient investors who say Thorsten Heins has only 12 to 18 months to turn RIM around.



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RIM’s new leader sees no need for radical change

Posted by Reuters: Business News on

TORONTO/LONDON (Reuters) – The new leader at Research In Motion said on Monday seismic change was not needed at the BlackBerry maker, a declaration seized on by impatient investors who say Thorsten Heins has only 12 to 18 months to turn RIM around.



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BlackBerry maker’s CEOs hand reins to insider

Posted by Reuters: Business News on

WATERLOO, Ontario (Reuters) – Research In Motion’s Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs, handing the top job to an insider with four years at the struggling BlackBerry maker.



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BlackBerry maker CEOs step down as pressure mounts

Posted by Reuters: Business News on

WATERLOO, Ontario (Reuters) – Research In Motion’s Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs and co-chairmen, handing the top job to an insider with four years at the struggling BlackBerry maker.



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Samsung says no interest in buying troubled RIM

Posted by Reuters: Business News on January 17, 2012

SEOUL (Reuters) – Samsung Electronics Co said on Wednesday it was not interested in buying ailing Blackberry maker Research In Motion or licensing its operating system, refuting a tech blog report that RIM was seeking to sell itself to the South Korean technology giant.



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RIM shares jump on report of sale efforts

Posted by Reuters: Business News on

(Reuters) – Shares of Research In Motion jumped more than 10 percent on Tuesday after a tech blog said the BlackBerry maker was actively seeking to sell itself to South Korean smartphone rival Samsung Electronics.


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RIM delays QNX phones, offers dismal outlook

Posted by Reuters: Business News on December 16, 2011

TORONTO (Reuters) – Research In Motion posted a sharp drop in profit on Thursday, offered a dismal outlook for BlackBerry shipments around Christmas and delayed the likely arrival of a make-or-break overhaul of its smartphones, sending its shares tumbling.



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RIM Q3 profit falls; shares drop on outlook

Posted by Reuters: Business News on December 15, 2011

TORONTO (Reuters) – Research In Motion posted a 27 percent drop in quarterly profit on Thursday and said it would ship between 11 million and 12 million BlackBerry smartphones in the weeks around Christmas, the first decline in years for that historically strong period.



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Brokerages cut RIM price targets on profit warning

Posted by Reuters: Business News on December 5, 2011

(Reuters) – At least four brokerages slashed their price targets on Research in Motion’s U.S.-listed stock after the BlackBerry maker warned of lower profit amid falling sales and an inventory pile up of its PlayBook tablet.



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