Research in Motion posts
FeedPosted Nov 19th 2009 10:50AM by Steven Halpern (RSS feed)
Filed under: Newsletters, Research in Motion (RIMM), Stocks to Buy
"Suddenly, no one likes Research in Motion (RIMM) any more, at least that's the impression you get from the media," observes Gordon Pape. In his Internet Wealth Builder, he offers a contrary -- and bullish -- view of the smartphone maker.
"To hear some analysts tell it, the BlackBerry maker is going the way of Nortel. It's just a matter of time. For example, analyst Jim Suva of Citigroup Global Markets recently issued a sell signal on the shares, saying that RIM's long-time dominance of the smart phones market is over.
"For the record, many analysts disagree with Suva's assessment. Credit Suisse has reiterated its 'outperform' rating with a target price of $95. Bank of America/Merrill Lynch has a $100 target, Scotia Capital has a $103 target and CLSA Asia-Pacific Markets has a target of $100.
Continue reading Research in Motion (RIMM): A 'love-hate' relationship
Posted Nov 18th 2009 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Target Corp. (TGT), Research in Motion (RIMM), Analyst initiations
Analyst upgrades:
- RBC Capital upgraded Fidelity National (FIS) to outperform from sector perform. The firm upgraded the stock due to valuation, and its belief that the company will clear up issues related to its merger on its Analyst Day, scheduled for Dec. 7. The firm set a $28 target on the stock.
- Citigroup upgraded Smith International (SII) to buy from hold, citing the sell-off in shares following its 28M share equity offering. Note that Smith International priced 28M shares Tuesday at $26.50.
- Wells Fargo upgraded DynCorp (DCP) to outperform from market perform. The firm upgraded the stock on valuation, and because it believes that the impact on DynCorp of a possible indictment of PWC will be minimal, if any.
- Rockwell (ROK) was upgraded to overweight from neutral at HSBC.
- Omega Healthcare (OHI) was upgraded to outperform from market perform at JMP Securities.
- Analog Devices (ADI) was upgraded to conviction buy from buy at Goldman.
Continue reading Analyst upgrades, downgrades and initiations: FIS, LMNX, RIMM, SII, TGT, TSYS ...
Posted Nov 16th 2009 3:00PM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Apple Inc (AAPL), Research in Motion (RIMM), Media World, Technology

The recession has led everyone with a budget to question ever line. From households to businesses to state and federal governments, nothing is sacred. Finding new ways to get the same result without spending the same amount mean not having to make sacrifices.
NASA has been under considerable financial pressure, as many question the value of sinking cash into space travel. So, it has to get creative in justifying its existence ...
and in generating excitement about the agency and what it does.
When the space shuttle launches on Monday, 200 thumbs will be at the ready. NASA has deputized 100 of its top fans on Twitter to come to the launch and tweet the experience. These fans are estimated to have more than 150,000 followers, all with the potential to retweet the messages they see. Every click of an iPhone or Blackberry will give NASA more exposure, building the excitement it needs to keep the operation afloat. So, whether you realize it or not, the launch is being brought to you by Twitter, Apple (AAPL) and Research in Motion (RIMM), even if only implicitly.
Continue reading NASA makes social media bet for Atlantis launch
Posted Nov 2nd 2009 12:40PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Comcast Cl'A' (CMCSA), Research in Motion (RIMM), Yum Brands (YUM), Analyst initiations
Analyst upgrades:
- Jefferies upgraded Biogen (NASDAQ: BIIB) to Buy from Hold based on valuation. The firm, which has a $50 target on the stock, believes Tysabri PML cases are reflected in shares.
- Deutsche Bank upgraded Nordstrom (NYSE: JWN) to Buy from Hold as it finds the valuation attractive and believes the company's sales are benefiting from stabilization in California and share gains. Deutsche raised its target on shares to $45 from $36.
- RBC Capital upgraded Yum! Brands (NYSE: YUM) to Outperform from Sector Perform and raised its target to $39 from $36 citing valuation and views it as a low risk option on a global economic recovery.
- Credit Suisse (NYSE: CS) was upgraded to Buy from Hold at Citigroup.
- Royal Caribbean (NYSE: RCL) was upgraded to Outperform from Market Perform at Wells Fargo.
- Alcatel-Lucent (NYSE: ALU) was upgraded to Hold from Sell at RBS.
Continue reading Analyst upgrades, downgrades and initiations: CMCSA, CS, JWN, RCL, RIMM, YUM ...
Posted Nov 2nd 2009 11:20AM by Elizabeth Harrow (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Products and services, Competitive strategy, Google (GOOG), Motorola (MOT), Research in Motion (RIMM), Options
An article in Barron's suggests that Motorola (NYSE: MOT) is on the verge of regaining some of its former mojo. The company recently offered a solid outlook for the remainder of the year, and it could garner new business after debuting two smartphones featuring Google's (NASDAQ: GOOG) Android operating system -- namely, the Droid and the Cliq.
The author cites analyst Ed Snyder of Charter Equity Research, who believes Motorola is on the cusp of "an extended upswing in handsets ... over the next several quarters." Snyder believes that the firm's ailing handset division could achieve break-even results as soon as the second quarter of 2010.
Continue reading Barron's, Citigroup bet on a comeback for Motorola
Posted Oct 15th 2009 12:00PM by Tom Taulli (RSS feed)
Filed under: Earnings reports, Nokia Corp. (NOK)
Even for a company the size of Nokia (NYSE: NOK), a quarterly loss of $834 million is still a big deal. And, this is what the company posted for its Q3 report (it's the first net loss since 1996).
OK, the main reason for the red ink was the write-down of a joint venture with Siemens that develops network equipment. No doubt, the business has been brutal. But, Nokia somehow thinks there's potential for growth.
Continue reading More static at Nokia
Posted Oct 6th 2009 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Tiffany and Co (TIF), Comcast Cl'A' (CMCSA), Corning Inc (GLW), Research in Motion (RIMM), General Mills (GIS), BP p.l.c. ADS (BP), Marriott Intl'A' (MAR), Analyst initiations
Analyst upgrades:
- UBS upgraded Corning (NYSE: GLW) to Buy from Neutral and raised its target to $19 from $18.50, citing the improved LCD supply-demand outlook and improved sell-through ahead of the holiday season in China.
- Credit Suisse upgraded Newfield Exploration (NYSE: NFX) to Outperform from Neutral and raised its target to $48 from $44 citing valuation and improved asset quality.
- Stifel upgraded Newfield Exploration and Ultra Petroleum (NYSE: UPL) shares to Buy from Hold based on strong fundamentals and a long-term positive view for the E&P sector. The firm has a $50 target on Newfield and a $58 target on Ultra Petroleum.
- TJX Companies (NYSE: TJX) was upgraded to Conviction Buy from Buy at Goldman.
- General Mills (NYSE: GIS) was upgraded to Overweight from Equal Weight at Morgan Stanley.
- Coca-Cola Femsa (NYSE: KOF) was upgraded to Buy from Neutral at BofA/Merrill.
Continue reading Analyst upgrades, downgrades and initiations: BP, CMCSA, GLW, MAR, RIMM, TIF, TJX ...
Posted Sep 28th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Darden Restaurants (DRI), Research in Motion (RIMM), NIKE, Inc'B' (NKE), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says a good shakeout on Monday would prepare us for a "fulcrum day" on Tuesday.
Could have been worse. With Research In Motion (NASDAQ: RIMM) (Cramer's Take) never lifting -- which was, by the way, wrong after a certain point -- and oil not rallying, you had no place to go. Last week we lost tech, banks, and oil. You can't even go up with just two of them, so to lose all three was dreadful.
I said last week that the calendar just didn't favor the bulls. The propensity to want to lock in gains ahead of the last weekend in September -- the one that is ended by the Yom Kippur holiday, which will always have thin trading -- is just too great.
Plus, don't forget that every month that is supposed to be bad gets tons of play for being bad: October! Ooooooo, scary! You know that's going to happen again.
Continue reading Cramer on BloggingStocks: Setting up for Tuesday
Posted Sep 26th 2009 1:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Automatic Data Proc (ADP), AutoZone Inc (AZO), Bed Bath and Beyond (BBBY), Carnival Corp (CCL), ConAgra Foods (CAG), Costco Wholesale (COST), Research in Motion (RIMM), General Mills (GIS), Lowe's Cos (LOW), Lennar Corp'A' (LEN), Red Hat Inc (RHT), Activision Inc (ATVI), United Technologies (UTX), Rite Aid Corp (RAD), Potash Corp. of Saskatchewan (POT)
Continue reading Earnings highlights: AutoZone, Carnival, CarMax, ConAgra, General Mills, RIM ...
Posted Sep 23rd 2009 1:00PM by Beth Gaston Moon (RSS feed)
Filed under: Earnings reports, Research in Motion (RIMM), Options
Research in Motion Ltd. (NASDAQ: RIMM), the tech company most well-known for building the BlackBerry, is set to report quarterly earnings tomorrow after the close. Analysts expect RIMM to bank $1.00 per share in the period, 13 cents better than year-ago results.
In the past two reporting periods, RIMM has managed to surprise to the upside.
During the past few weeks as earnings approach, RIMM has seen action among call buyers, who are effectively driving up implied volatility. In the past month, at-the-money implied (or expected) readings have jumped from 41% to about 59%. The implied levels are looking fairly pricey here, especially when compared to historical readings.
Continue reading Options action ahead of Research in Motion (RIMM) earnings
Posted Sep 20th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, AutoZone Inc (AZO), ConAgra Foods (CAG), Research in Motion (RIMM), KB HOME (KBH), Economic data
Much of the focus this week will no doubt be on the FOMC meeting on interest rates and the subsequent decision, as well as on the G-20 meeting in Pittsburgh, were the agenda will include bonuses for bank executives among other things.
Things will be fairly quiet again on the earnings front as the next earnings season has yet to ramp up. However, analysts surveyed by Thomson Reuters do have high hopes for a handful of companies that will release results this week.
Continue reading The week in preview: Eye on AutoZone, ConAgra, KB Home, Research In Motion ...
Posted Aug 26th 2009 1:30PM by Tom Taulli (RSS feed)
Filed under: Products and services, Apple Inc (AAPL), Nokia Corp. (NOK), Research in Motion (RIMM)
Soon, you may be able to throw away your wallet. That's the vision of Nokia (NYSE: NOK), which announced that it will launch a mobile payments service.
The service is called Nokia Money (the platform is based on Obopay, in which Nokia recently made an investment). For the most part, it is geared for simplicity, which is definitely crucial for the consumer market. Essentially, you'll be able to send a payment by using another person's phone number. There will be other helpful features, such as the viewing of account balances in real time.
Continue reading Nokia to cash-in with mobile payments service
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