Sunday, 19 June 2011

RIM's poor results spark investor revolt: 'seen this before'

RIM's collapse in performance in spring has triggered one of the worst instances of investory backlash in the company's history. As of mid-day Friday, the company's stock had dropped about 22 percent, aided mostly by an after-hours selloff late Thursday but a lack of confidence on Friday morning. The company's sixth-largest investor group, Jarislowsky Fraser Ltd., said it had sold more than half its shares in the BlackBerry creator after accusing RIM executives of "resting on their laurels."...

Source: http://feeds.macnn.com/click.phdo?i=1e5ec4aa63024c9eea9468cb1941dacf

imac store applecare warranty macintosh news recent apple news

No comments:

Post a Comment