HindustanTimes Wed,23 Apr 2014

RIM stock hits session lows, down 8% as new device launched

Reuters  Toronto, January 30, 2013
First Published: 22:16 IST(30/1/2013) | Last Updated: 22:17 IST(30/1/2013)

Research In Motion sank as much as 8% on Wednesday as the BlackBerry maker unveiled its long-delayed line of smartphones that it says will mark the company's comeback.

The stock, which fell as much as 8% after rising more than 6% earlier in the session, was down 4.4%, at C$15.03 in Toronto. On the Nasdaq, shares were down 3.9% at $15.05.

more from Business

GM seeks US court protection against ignition lawsuits

General Motors Co filed a motion in a US court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the restriction.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved