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RIM results will continue to disappoint: BMO
Mar 7th, 2012
(Reuters) - Research In Motion's revenue and margins will continue to disappoint in the coming quarters due to a lack of clarity on the launch and impact of its latest version of BlackBerry, BMO Capital Markets said. The Canadian company, which is battling unimpressive sales of its existing suite of products, has said the smartphones would be out in the second half of 2012. Analysts view the launch, of what RIM has dubbed the BlackBerry 10, as a "make or break" event. "We are ... ... (Source: Reuters) -
By Noel Randewich (Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower. Under Marc Benioff, Salesforce's CEO and founder, the company's fast revenue growth has made it a favorite with investors eager to own part of the growing ... [Full Article]
BEIJING (AP) - China's new leader Xi Jinping will confer with President Barack Obama next month in California, months earlier than their expected first meeting, as both sides seek to stem a drift in relations, troubled by issues from cyberspying to North Korea. (Source: Associated Press)... [Full Article]
NEW YORK (AP) - A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program. (Source: Associated Press)... [Full Article]
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