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Noteworthy | Research in Motion will buy back its stock More News RIM REVERSAL In a bid to reverse the steep drop in its stock price, Research in Motion, maker of the BlackBerry smartphone, will spend up to $1.2 billion to buy back its stock. Full Article at KansasCity.com
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In a move to bolster its stock price, , the maker of the BlackBerry smartphone, says it will spend up to $1.2 billion to buy back around 21 million shares of its common stock. Full Article at Dallas Business Journal
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"Research In Motion Ltd. (RIMM) will spend up to $1.2 billion to buy back about 21 million of its shares, or 3.6% of its total shares outstanding. The buyback will start Nov. 9 and last for up to one year." Full Article at The Market Oracle
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LONDON -- Research In Motion , the Waterloo, Ontario maker of the BlackBerry mobile device, said it will buy back up to $1.2 billion of its own stock. Full Article at FOX News
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“I thought the downgrade should have been made 20 points ago. You’ve got a 14 times earnings stock in the 50s. I’m not going to back away from it at this level. I’d rather buy it than sell it. Full Article at The Razor's Edge | Ockham Research
