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BlackBerry's Revenue Decline Since 2012 Is Depressing
Thursday, June 23, 2016 - 7:57am | 387Read More...BlackBerry Ltd (NASDAQ: BBRY) once upon a time held a dominant market position in the smartphone market as it was an early pioneer. Today, the company ranks near the bottom in nearly every metric. BlackBerry reported mixed first quarter results on Thursday as the company's earnings per...
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Twitter May Have Co-CEOs: Good Or Bad News For Shareholders?
Monday, June 15, 2015 - 3:04pm | 553Read More...With the top leadership position at Twitter Inc (NYSE: TWTR) currently up in the air, shareholders are waiting with baited breath to see who the company chooses as its next CEO. Current CEO Dick Costolo will be stepping down on July 1 and will be replaced on an interim basis by Twitter co-founder...
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Reuters Says Blackberry Interim CEO in 'For the Long Haul'
Thursday, December 5, 2013 - 3:28pm | 304Read More...John Chen, BlackBerry's (NASDAQ: BBRY) interim CEO, is in it “for the long haul” according to the company's largest shareholder, Prem Watsa. Prem Watsa, also known as “Canada's Warren Buffett” is the chairman and CEO of Fairfax Financial, a multi-billion dollar fund based out of Toronto. As the...
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RIM Co-Founder Jim Balsillie Dumps Remaining Stock, BlackBerry Plunges
Thursday, February 14, 2013 - 12:39pm | 512Read More...Editor's Note: This article previously contained inaccuracies that have been corrected: The article stated erroneously that RIM was founded in 1984; further, the article may have misconstrued the circumstances under which Lazaridis and Balsillie resigned. BlackBerry's (NASDAQ: BBRY) co-founder Jim...
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Jefferies Maintains Hold on Research In Motion After Management Changes
Monday, January 23, 2012 - 8:44am | 176Read More...Jefferies & Company has published a research report on Research In Motion (NASDAQ: RIMM) after the announcement that Jim Balsillie and Mike Lazardis resigned from their co-CEO/Chairmen positions. In the report, Jefferies writes, "Co-CEOs and co-Chairmen Jim Balsillie and Mike Lazaridis...
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Is Research in Motion Dead Without Knowing It?
Wednesday, October 19, 2011 - 10:20am | 822Read More...Research in Motion (NASDAQ: RIMM) has been called the "headless horseman" before. Now it appears management has gone to a whole new level of clueless, after supposedly cancelling a meeting between an activist investor and two of its board members. This morning, headlines crossed the news wires...
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Blue Horseshoe Loves Research in Motion?
Thursday, October 6, 2011 - 12:08pm | 662Read More...Research in Motion (NASDAQ: RIMM) shares are spiking up again this morning, up another 2% continuing their run from earlier in the week. What's behind the sudden move into a company some have called a "headless horseman"? There were rumors yesterday that Vodafone (NYSE: VOD) was thinking about...
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Could This Be Carl Ichan's Next Investment?
Tuesday, September 27, 2011 - 12:44pm | 649Read More...Rumors hit this morning that Carl Ichan, the legendary activist investor was looking to take a stake in Research in Motion (NASDAQ: RIMM). With weak management, continued earnings disappointments, and a potentially dying brand, the question is why? Nothing is confirmed just yet, but it could be...
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Research in Motion is the Headless Horseman
Friday, September 16, 2011 - 10:19am | 881Read More...Research in Motion (NASDAQ: RIMM) used to be known as one of the "four horsemen" of technology, along with Apple (NASDAQ: AAPL), Google (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN). Not anymore. The Ontario-based company reported second quarter earnings of 80 cents per share on $4.17 billion in...
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Could RIM Be The Next Patent Play?
Tuesday, September 6, 2011 - 2:23pm | 826Read More...This morning, little known activist investor Jaguar Financial said that it wants Research in Motion (NASDAQ: RIMM) to spin off its patent portfolio, or perhaps sell itself. While few, if any, have heard of Jaguar Financial, it is the call for Research in Motion to do something with its patents...
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RIMM Set To Launch Operating System 6.0
Monday, April 26, 2010 - 4:04pm | 354Read More...It’s out in the open at last. Research in Motion (NASDAQ: RIMM) co-CEO Mike Lazaridis confirmed that the company is set to launch operating system 6.0 sometime next quarter. When queried on the kind of device that would support the OS, Lazaridis hinted that the first device to run the software...
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Market Roundup (VZ, GOOG, STT, EMMS, GS, XOM, SPG, GGP, RIMM)
Monday, April 26, 2010 - 2:28pm | 349Read More...Verizon Wireless (NYSE: VZ) has turned off its plans to offer service for the Nexus One handset from Google (NASDAQ: GOOG). The change in plans signals that Verizon may be viewing GOOG as more of a competitor than a partner. However, the Nexus One site continues to announce the introduction of the...
