Featured Articles

Intel takes credit for three-way 4K gaming

Intel takes credit for three-way 4K gaming

All of a sudden Intel is talking about desktop gaming like there is no tomorrow and it is pushing it. The…

More...
Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia has finally revealed the shipping date of its Shield Tablet 32GB in 4G LTE flavour and in case you pre-order…

More...
Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

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