Tag: investors

Should BlackBerry Go Private? Recent R&D Layoffs Suggest It Might Be Time

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Recently, BlackBerry laid off 250 employees, some of which were located in the Research and Development department of the company. During a phase of the company when they should probably be investing more dollars in R&D in order to come up with the next generation of consumer electronics, the company is scaling back. One reason the company may be scaling back is a consequence of being a publicly traded corporation. Public companies are often at the behest of Wall Street to meet quarterly earnings expectations and this short term focus can reduce prioritization of longer-term departments such as R&D. Does this mean being a publicly traded corporation is not in BlackBerry’s best interests?
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Save the Date: RIM Q2 Financial Results for Fiscal 2012

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RIM will be reporting its second quarter results for the fiscal 2012 period on September 15th, 2011. There should be some interesting market movement as investors are keen to know more about device and tablet sales. We can surely expect to hear some tough questions in the question period as well as some market movement after the call. Hit the jump for more details.
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RIM Officially Responds to Class Action Lawsuit Saying It’s “Without Merit”

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lawyer dbags

A class action lawsuit was filed not too long ago against RIM claiming that the company misled investors regarding its financial condition and business prospects. We’re not sure exactly what’s going on here or what the law says about these investments, but it seems like the recent stock plunge has something to do with it. Chances are that an investment firm has lost a lot of money in RIM stock and is looking to mitigate that loss with a lawsuit payback. What investors should be doing is not reacting so emotionally to the market. Smartphone sales are up globally and RIM is well positioned to accommodate this growth. So Relax.
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Now Seems Like a Great Time to Buy RIMM Stock

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RIMM

RIMM stock took a pretty incredible nose dive yesterday after the quarterly conference call. Investors have been really bearish on the stock for a few reasons including:

1) Initial reviews of the PlayBook
2) Worldwide shipments are slowing
3) Lack of ability to create hyped launches
4) Rumored carrier support withdrawal
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