Featured StoryResearch in Motion Ltd. (Nasdaq: RIMM), maker of the BlackBerry phone, traded sharply higher yesterday (Thursday) after Goldman Sachs analyst Simona Jankowski upgraded RIMM to a "Buy" with a price target of $16. RIM gained 4% Thursday to close at $11.54.
Although there are a growing number of bulls among analysts on the Street, there is still a large and vocal group of bears who think that RIM is done for.
Research in Motion
Is There Any Hope for Research in Motion (Nasdaq: RIMM) Stock?
Die hard BlackBerry fans are more worried than ever that Research in Motion (Nasdaq: RIMM) may soon meet its maker.
The recent declines in profit, sales and RIMM stock -- which has plummeted 51% in the past six months -- has sparked mounting anxieties that the end for Research in Motion is imminent.
Speaking to these fears, RIM's new Chief Executive Officer, Thorsten Heins, vowed yesterday (Tuesday) that he will lead a turnaround for...
Five Tech Stocks to Avoid: RIMM, HPQ, YHOO, ORB, GRPN
After a rocky 2011, tech stocks have gotten a nice bounce so far this year.
The Nasdaq 100 index is up about 7% so far, well above the 4.6% rise in the Standard & Poor's 500 index.
Strong earnings last week from Intel Corp. (Nasdaq: INTC), Microsoft Corp. (Nasdaq:
Apple Goes "Island-Hopping" in its War Against Google
Apple Inc. (NASDAQ: AAPL) on Tuesday took aim at rival Google Inc. (NASDAQ: GOOG) and its Android operating system by filing a patent-infringement complaint with the International Trade Commission (ITC) against smartphone manufacturer HTC Corp.
Taiwan-based HTC is the largest maker of phones that use...
Investment News Briefs
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Goldman Records $3.03 Billion 3Q Income; Nokia Posts First Loss; Google Opening Online Bookstore in 2010; Rio Tinto Abandons South Africa Plans; RIM Ramping up Storm2; Tandberg Shareholders Reject Cisco...
Research In Motion Shares Nosedive After Missed Sales, Earnings
Shares of BlackBerry maker Research In Motion Ltd. (Nasdaq: RIMM) plummeted in after hours trading yesterday (Thursday) after the company missed Wall Street’s earnings and sales expectations. For its second quarter ended August 29, RIM reported net income of $475.6 million, or 83 cents per share on revenue of $3.53 billion. That compares to a net...
Hot Stocks: Motorola Throws Hat Into Smartphone Ring
Motorola Inc. (NYSE: MOT) last Thursday charmed investors when it revealed its Cliq smartphone, which will compete head on with Apple Inc.'s (Nasdaq: AAPL) iPhone and Research in Motion Ltd.'s Blackberry. Motorola's stock is up nearly 12% since the announcement, as investors are hoping the new phone will be enough to win back some of...