Canadian Technology Stocks
BufferAccording to sources inside Research in Motion, the release of mobile devices using the new BlackBerry 10 operating system is ahead of schedule and phones using the OS will debut at BlackBerry World in Orlando this May 1st. Last year, many analysts expected an early 2012 launch of the new BlackBerry 10 phones, but on [...]
BufferIn The Intelligent Investor, Ben Graham’s lauded 1949 book that popularized value investing, the author personifies the vagaries of the stock market in the form of a fictional character named “Mr. Market”. Mr. Market is not a very well-rounded character. In fact, he does little more than show up at a shareholder’s door every day [...]
BufferThis past Thursday, in the basement of a steakhouse in Toronto, new Research in Motion CEO Thorsten Heins met with more than a dozen Bay Street analysts. Byron Capital’s Head of Research Tom Astle was there and shared his thoughts in a note to clients Friday. Astle said that while he considered the meeting “refreshing”, [...]
BufferWhen Thorsten Heins was appointed new CEO of Research in Motion late last Sunday, his first call wasn’t to the Wall Street Journal, nor was it to The Globe and Mail, or even the National Post. Heins’ first official order of business was a call to Kevin Michaluk, the Founding Editor of CrackBerry.com. Michaluk later [...]
BufferIn a surprise move made Sunday night, RIM announced co-CEOs Mike Lazardis and Jim Balsillie would step down, effective immediately, as co-CEOs. On Monday morning, The pair will be replaced by Thorsten Heins, who joined RIM in 2007 and was Chief Operating Officer, Product Engineering. Heins was in charge of the BlackBerry smartphone portfolio world-wide. [...]
BufferAt this year’s Consumer Electronics Show in Las Vegas, Research in Motion’s presence was decidedly low key. With a long wait until the company’s new operating system, Blackberry 10, is unveiled the company, it seemed, had nothing as splashy as last year’s BlackBerry Playbook to unveil. RIM’s QNX CAR 2 application platform, which won a [...]
BufferOn January 11, Research in Motion went head to head with BBM Canada to defend against BBM Canada’s allegations of trademark infringement over the use of the mark “BBM” in connection with RIM’s BlackBerry Messenger service. The Federal Court of Canada heard hours of legal argument from both parties and has reserved judgment pending written [...]
BufferWhen recounting the woes of Research in Motion in 2011, and there were many of them, the word Apple or iPhone usually didn’t make it past paragraph two. But a new threat to the Waterloo tech giant has emerged, and it’s a more direct and specific shot across the bow than Apple has ever delivered, [...]
Buffer“Still pulling for RIM, but man, these were disheartening remarks” said the Financial Post’s Matt Hartley on Twitter. “RIP RIM” remarked another Twitter user. Shares of Research in Motion were down 7% in after hours trading today after the company’s Q3 conference call. It wasn’t today’s numbers; Q3 revenue of $5.2 billion was up 24% [...]
BufferThey say bad news comes in threes. Research in Motion should be so lucky. 2011 has showered the company with at least a dozen stories that have grabbed headlines, and none of them have been particularly kind to the BlackBerry maker. From Mike Lazaridis walkout on BBC reporter Rory Cellan-Jones after being pressed on on [...]
