Tuesday, December 11, 2012

Research In Motion shares climb | Synopsis

Research In Motion shares climb

iPhone & iPad Wallpaper - Pin Drop
iPhone & iPad Wallpaper - Pin Drop by Patrick Hoesly
License (according to Flickr): Attribution License
Excerpt:

RIM will release the latest version of its smartphone "not too long" after a Jan. 30 launch event, the company's chief operating officer said earlier this month. The Waterloo, Ontario, company seems to be preparing for a February global launch, a month earlier than many analysts were expecting, according to an analyst with National Bank Financial, a Canadian bank. Kris Thompson raised his shipments forecast for RIM for fiscal 2014 in a research note from Wednesday. Thompson also increased his price target for the BlackBerry maker to $15 from $12. RIM shares on the Nasdaq, which reopened Friday after markets were closed Thursday for Thanksgiving, were up $1. 55, or 15 percent, to $11. 81 shortly before noon. The spike in the BlackBerry maker's shares came after a week of steady gains amid more positive sentiment.

People:

Kris Thompson

Overall Sentiment: 0.0168577

Relevance: 0.346476

Peter Misek

Overall Sentiment: 0.17561

Relevance: 0.245475

Additional Info:

Company: National Bank Financial

Overall Sentiment: 0.0546065

Relevance: 0.327438

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