Archive for the 'Rimm' Category

RIMM Results Not So Hot; Balsillie Resigns From Board

We are downgrading our recommendation on Research In Motion Ltd., (RIMM) to Underperform from Neutral on the back of continued somber financial results coupled with a reduced outlook. Research In Motion has consistently struggled ever since Apple Inc's (The stock up about 1% in Q4; MA(50)- $25.28; MA(100)- $25.45; 52-wk H/L $32.85/$21.79) Research In Motion [...]

Research In Motion: This Sell-Off Is Just The Beginning

Following RIMM's Q2/F2012 results, Canaccord Genuity analyst Michael Walkley lowered his price target on the company to $28 from $35. Mr. Walkley said: “While RIM management remains bullish on its prospects for the Playbook and new BlackBerry 7 Following RIMM's Q2/F2012 results, Canaccord Genuity analyst Michael Walkley lowered his price target on the company to [...]

US HOT STOCKS: Research In Motion, Diamond Foods, St. Joe

Research In Motion second quarter net income declined to $329 million. 99Cents Only Stores (NDN) increased 9.4% or $1.77 to $20.47 after the consumable retailer on speculation Apollo Global Management LLC a private equity firm may bid for as much as Equities research analysts at Morgan Stanley (NYSE: MS) cut their earnings per share (EPS) [...]

Research In Motion, Texas Instruments: US Equity Preview

Readers may want to start from my previous article on Research In Motion titled What Is The True Value Of Research In Motion? In the article I described various scenarios for Research In Motion (RIMM). One of the scenarios I described was for Research Research In Motion Ltd. (RIMM US): The maker of the BlackBerry [...]

Research In Motion Can No Longer Survive Its Leadership

Research in Motion (RIMM) has done it again. For a third consecutive quarter, the company missed earnings badly, and for the third straight quarter investors were punished with a double-digit percentage drop in the stock price. By Carla Mozee, MarketWatch LOS ANGELES (MarketWatch) — Research In Motion Ltd.'s shares tumbled Thursday evening after the BlackBerry [...]

Friday's top gaining and declining stocks

In case you had any doubt, RIMM is still truly dead, as I have been had the unfortunate job of predicting to much hatred and chagrin from RIMM longs over the last couple years. I don't know what else to say. I've been writing variations of this “RIMM Research in Motion Ltd. (Nasdaq: RIMM), a [...]

Research In Motion in danger of irrelevance

Recently we had a chance to catch up with Matthew Mierzejewski of Rimm-Kaufman Group (RKG) to discuss his experience managing Product Listing Ads for his clients. Founded in 2003, RKG is a data-driven online marketing TradeKing's Sr. Options Analyst Brian Overby uses today's earnings announcement in Research in Motion (RIMM) as an example to learn [...]