Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 23 November 2012 11:03

RIM shares surge 17 percent

Written by Nedim Hadzic

rim logo

Blackberry 10 already ruffles feathers


It appears
like there's some really healthy interest in Research in Motion's upcoming push as the company is nearing the launch of its brand new Blackberry 10 line.

RIM's shares jumped by 17.3 percent, which is attributed to optimism surrounding the upcoming launch. Apparently, this is courtesy of National Bank's analyst Kris Thompson, who boosted the price target from $12 to $15, prompting others to do the same.

It is said this is the highest level RIM's shares have managed on Toronto Stock Exchange since May 2012. At the same time, this is the biggest gain the company has had since April 2009, which puts things into perspective quite nicely.

Thompson rated RIM's stock at “outperform”, which does put some pressure on the company but again indicates the market's expectations quite well. This is partly due to “positive sentiment building in the industry” over the launch, but Thompson had nice things to say about RIM's management team as well.

More here.  


Last modified on Friday, 23 November 2012 11:11
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments