Featured Articles

AMD SVP John Byrne named turnaround exec of the year

AMD SVP John Byrne named turnaround exec of the year

Director of AMD’s PR Chris Hook has tweeted and confirmed later in a conversation with Fudzilla that John Byrne, Senior Vice…

More...
Shield Tablet 8 launching on Tuesday July 22nd

Shield Tablet 8 launching on Tuesday July 22nd

We knew the date for a while but as of right now we can confirm that Nvidia’s new Shield Tablet 8,…

More...
AMD confirms 20nm in 2015

AMD confirms 20nm in 2015

Lisa Su, Senior Vice President and Chief Operating Officer, AMD, has confirmed what we told you back in May 2014 – …

More...
AMD reports loss, shares tumble

AMD reports loss, shares tumble

AMD’s debt load is causing huge problems for the chipmaker -- this quarter it had another substantial loss. The tame Apple Press…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

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