Research In Motion shares climb
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.
Keywords:
BlackBerry National Bank Financial chief operating officer National Transportation Safety Board Financial analyst 5 percent Toronto Stock Exchange Research In Motion maker month smartphone The National Bank operating system company global Kris subscriber noon spike forecast Thanksgiving iPhone prediction Nasdaq cash managing wireless markets Ontario Canadian Stock Safety small teamPeople:
Kris Thompson
Overall Sentiment: 0.0168577
Relevance: 0.346476
Peter Misek
Overall Sentiment: 0.17561
Relevance: 0.245475
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- blackberry 10
- new release
- research in motion
- rim
- rimm
- smartphone
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Investors seemingly grew more optimistic about a February launch of the Canadian company's much-delayed BlackBerry 10 smartphones
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Research In Motion shares climb
Source URL: http://feeds.cbsnews.com/~r/CBSNewsBusiness/~3/eQg_sWkeTog/
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