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Research In Motion

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moconews.net - 21 days ago

off, RIM Plans $1.2 Billion Stock Buyback

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Research In Motion posted a 37 percent increase in revenue for its fiscal Q2 earnings report, and Forbes recently dubbed it the “fastest-growing” listed U.S. company—but that hasn’t stopped investors concerned about continued competition from the iPhone and others, from selling off its stock. As ...

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MobileBurn.com - 20 days ago

RIM announces $1.2 billion buyback after market value drops by a third

— MobileBurn.com — Research In Motion has announced a $1.2 billion stock buyback program after its market value fell 30... percent since posting disappointing third quarter results. Read the full story here. (more) RIM announces $1.2 billion buyback after market value ...

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Comments vote downundo vote up mobileburn posted 20 days agoposted this

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After Earnings Spark Sell-off, RIM Plans $1.2 Billion Stock Buyback
mocoNews — Research In Motion posted a 37 percent increase in revenue for its fiscal Q2 earnings report, and Forbes recently dubbed it the “fastest-growing” listed U.S. company—but that hasn’t stopped investors concerned about continued competition from the iPhone and others, from selling off its stock. As a result, RIM’s share price has slipped from a high of about $88 to about $59, ...

RIM announces $1.2 billion buyback after market value drops by a third
MobileBurn.com — ... . Investors are worried that increasing competition from consumer smartphone platforms like iPhone, Android and webOS could hurt sales for the BlackBerry-maker. RIM plans to purchase 21 million shares of stock, or 3.6 percent of its outstanding stock, in the next 12 months. [via mocoNews ]