Research In Motion shares retreat after UBS downgrade

June 18th, 2009 RIM 1Q earnings up 33 percent on increased salesTORONTO — BlackBerry maker Research in Motion Ltd. on Thursday exceeded first-quarter expectations when it reported a 33 percent rise in profit but disappointed investors with its guidance.

April 4th, 2009 Shares of BlackBerry maker Research In Motion (RIM) shot up almost 20 percent Friday after the wireless communication leader Thursday posted a record profit of $518.3 million for the last quarter of fiscal year 2009 ending Feb 28.RIM shares closed at $72.80 on the Toronto Stock Exchange - more than 19 per cent since Thursday.This is in addition to 14 percent gain the shares made Thursday immediately after the Waterloo-based company put out its quarterly financial results. Considering that RIM shares have been stuck around $45 since December, the 34 percent gain of the last day belies all speculation about slump in the smart phone market in the current economic climate.

March 26th, 2009 TORONTO - The shares of BlackBerry maker Research In Motion (RIM) fell sharply on the Toronto Stock Exchange and Nasdaq Wednesday after its downgrading by JPMorgan Chase. RIM shares dived 4.4 percent to close at $52.39 after an analysis by the global financial services firm said that the Canadian company will experience slower growth over the next one and a half years.

January 22nd, 2009 TORONTO - BlackBerry maker Research In Motion's shares fell only slightly Thursday after the news that its two co-CEOs face a multi-million dollar fine from the market regulatory body. The co-CEOs - Jim Balsillie and Michael Lazaridis - face up to $100 million in fines from the provincial Ontario Securities Commission for their role in a stock option backdating controversy.

February 11th, 2009 TORONTO - Shares of BlackBerry maker Research In Motion (RIM) plunged by 15 percent on the Toronto Stock Exchange Wednesday after the global wireless communication giant forecast less-than-expected profits for the fourth quarter of 2008. In a statement, the Waterloo-based Canadian company said that it ``expects revenue for the fourth quarter to be at or near the mid-point of the previously guided range.

September 15th, 2009 Supertex shares rise after analyst upgradeNEW YORK — Shares of chip maker Supertex Inc. were up more than 5 percent Tuesday after an analyst upgraded the stock to "buy" based on its position as the sole supplier of drivers for Samsung Electronics Co.

June 20th, 2009 TORONTO - BlackBerry maker Research In Motion (RIM) has reported a profit of $643 million for the first quarter of the year, compared to $518.3 million posted during the previous quarter. However, its quarterly revenue was slightly dwon at $3.42 billion from $3.46 billion in the previous quarter.

January 20th, 2009 TORONTO - Blackberry maker Research in Motion (RIM) has withdrawn its offer to make a hostile bid for acquiring an encryption technology company. The firm withdrew its offer Tuesday after it was stopped Monday by a Canadian court from making the hostile bid.

January 20th, 2009 TORONTO - Blackberry maker Research in Motion (RIM) has withdrawn its offer to make a hostile bid for acquiring an encryption technology company owned by an Indo-Canadian after its action was stalled by a Canadian court. Waterloo-based RIM had made an offer of $66 million to the shareholders of Certicom Corp, based at Mississauga on the outskirts of Toronto, after its talks with the management failed.

July 23rd, 2009 Movers roundup: Starbucks, Seagate TechnologyAmong the stock activity stories for Wednesday, July 22, from AP Financial News: NEW YORK (AP) — Shares of Starbucks Corp. soared after a number of analysts praised the company's cost-cutting efforts following the gourmet coffee chain's fiscal third-quarter profit report.

September 24th, 2009 Sony to launch new motion controller next springNEW YORK — Sony plans to release a new motion controller next spring for the PlayStation 3 video game console. The controller will work with the PlayStation Eye camera, which can track players' voices, faces and body motion.

August 17th, 2009 Sector Snap: Video games take a hitNEW YORK — Shares of video game companies took a hit Monday, even as rumors mounted about a looming price cut for Sony Corp.'s PlayStation 3. The shares dropped just a few days after market researcher NPD Group reported a sharp drop in video game retail sales for the month of July.

February 5th, 2009 TORONTO - BlackBerry co-CEOs and top executives were collectively fined $77 million Thursday for their role in a stock option backdating controversy at the wireless communication giant. The provincial Ontario Securities Commission, which has been investigating the two co-CEOs - Jim Balsillie and Michael Lazaridis - and other executives for their role in the controversy dating from 1996 to 2006, handed down the biggest fine in its history for financial irregularities.

June 19th, 2009 RIM 1Q profit tops view, shares wobble on outlookTORONTO — BlackBerry maker Research in Motion Ltd. on Thursday reported a better-than-expected 33 percent jump in first-quarter profit as the company continues to boost market share among non-corporate customers.

August 13th, 2009 LDK shares fall on 2Q loss, analyst rates "Sell"NEW YORK — Shares of solar cell wafer maker LDK Solar Co. Ltd. tumbled on Thursday, the morning after the company posted a second-quarter loss as it wrote down the plummeting value of its inventory.