Research in Motion Returns to Profitability in Latest Quarter
Research In Motion says it sold about 1 million of its critically important new BlackBerry 10 devices and returned to profitability in the most recent quarter.
Research In Motion says it sold about 1 million of its critically important new BlackBerry 10 devices and returned to profitability in the most recent quarter.
The former Research in Motion has a new mobile operating system, new smartphones, a new name -- BlackBerry -- and even a new ticker symbol. Now all it has to do is find some new customers, or win back some old ones.
Among the events that will move the stock market this week -- big changes for a smartphone pioneer in trouble, and a big debut for a video streaming service trying to keep its momentum. Here's your quick guide to the days ahead on Wall Street.
Botched product launches, plunging stock values, massive layoffs, unhappy workers and poor customer service: These are just some of the woes that can win a business a spot on the 24/7 Wall St. list of the 10 most hated companies in America.
From a company that blew away analysts' expectations to a CEO misusing corporate jets, here's a rundown of this week's smartest moves and biggest blunders in the business world.
Reports of the death of Research In Motion may be premature. The company behind the once iconic BlackBerry smartphone posted better than expected quarterly results after Thursday's market close.
Research In Motion Ltd reported a smaller-than-expected quarterly loss on Thursday and the struggling BlackBerry maker managed to increase its cash pile in the run-up to the launch of its make-or-break line of next generation devices.
It's easy to forget that Armstrong World Industries, which makes a wide array of flooring and ceiling products, also makes cabinets. Turns out, Armstrong wants to forget it, too: It's selling its cabinetry business.
All the smartphone hype now is about the iPhone 5 and the latest Androids. But once, it was the BlackBerry people couldn't live without. Well, Research In Motion is still making them, and folks are still buying them. How many will become clearer this week when RIM reports its quarterly results.
Here's some of what will shape the week ahead on Wall Street: BlackBerry-maker RIMM will make a sour report; homebuilder earnings will be up and down; University of Phoenix grades itself; and American Greetings gets a condolence card. Oh, and watch out for window dressing!
Each year, 24/7 Wall St. compiles a list of 10 brands it predicts will disappear in the near-term. Their list of those fated to vanish in 2011 proved to be fairly prescient. Which old familiar names may soon be gone? Read on ...
Now, there's a new vehicle for those looking to invest in a specific part of the market. It's called Motif Investing, and it aims to combine the best of funds with the best of individual stocks.
It has been 63 years since Frank McNamara invented the credit card, and those little pieces of plastic are everywhere. But now, a groundbreaking new technology could upend the industry he created.
Like most investing, you're not protected from market meltdown, and there's always the risk of missing out on a star.














