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.
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.
Posted by Reuters: Business News on
TORONTO/LONDON (Reuters) – Takeover talk swirled around Research In Motion on Monday as investors and analysts pondered whether new Chief Executive Thorsten Heins had been appointed to lead a turnaround of the struggling smartphone maker or prepare it for sale.
Posted by Reuters: Business News on January 3, 2012
TORONTO (Reuters) – Research In Motion is close to a decision on stripping its co-chief executives of their other shared role as chairman of the board, a newspaper said on Tuesday, a change that could meet a key demand from angry and disillusioned investors.
Posted by Reuters: Business News on December 19, 2011
TORONTO (Reuters) – Sino-Forest , a China-focused forestry company accused of fraud, said it received notices of default from its noteholders and set up a committee to look at options for the company that could include its sale.
Posted by Reuters: Business News on December 16, 2011
TORONTO (Reuters) – A months-long delay in Research in Motion’s new BlackBerrys and a dreary quarterly report sent RIM shares tumbling again on Friday and pushed some analysts to sound the death knell for the mobile device that once defined the industry.
Posted by Reuters: Business News on
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.
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.
Posted by Reuters: Business News on December 8, 2011
NEW YORK (Reuters) – U.S. securities regulators are closing a long-running investigation into allegations that two well-known hedge funds conspired to spread negative information about Toronto insurer Fairfax Financial, two people familiar with the inquiry said.
Posted by Reuters: Business News on December 2, 2011
TORONTO (Reuters) – Research in Motion booked a huge charge to write down inventories of its underwhelming PlayBook tablet on Friday, capping a dismal year with a steep profit warning that sent its shares tumbling more than 8 percent.
