Friday, June 29, 2007

Shares of RIM jump 18 pct after strong earnings

(Reuters) - Analysts at UBS, Bear Stearns, Banc of America, Credit Suisse and Morgan Keegan all upgraded RIM shares.




Though some analysts have raised concerns that competition from Apple Inc.'s iPhone could hurt sales of RIM smartphones, RIM forecast higher-than-expected guidance for the current quarter.


Read more at Reuters.com Hot Stocks News

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