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Blackberry maker dropped from Nasdaq 100

Three people on the floor of the New York Stock Exchange display their Blackberry smartphones, Wednesday, May 30, 2012. Research In Motion Ltd., the maker of the BlackBerry, is in steep decline. The company, once the crown jewel of the Canadian technology industry, is now worth 1 percent of Apple’s market capitalization.  AP PHOTO/RICHARD DREW

Canadian company Research in Motion, the makers of BlackBerry telephones, will no longer be part of the Nasdaq 100 index, the market operator said Saturday on its web site.

Posted: December 16th, 2012 in Latest Business Stories | Read More »

Struggling BlackBerry maker begins job cuts

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Three people on the floor of the New York Stock Exchange display their Blackberry smartphones, Wednesday, May 30, 2012. Research In Motion Ltd., the maker of the BlackBerry, is in steep decline. The company, once the crown jewel of the Canadian technology industry, is now worth 1 percent of Apple’s market capitalization.  AP PHOTO/RICHARD DREW

Struggling BlackBerry maker Research In Motion said Wednesday it has started laying off employees as part of a restructuring plan aimed at saving about $1 billion this year.

Posted: June 21st, 2012 in Latest Business Stories | Read More »

BlackBerry maker stock slips to new low

Three people on the floor of the New York Stock Exchange display their Blackberry smartphones, Wednesday, May 30, 2012. Research In Motion Ltd., the maker of the BlackBerry, is in steep decline. The company, once the crown jewel of the Canadian technology industry, is now worth 1 percent of Apple’s market capitalization.  AP PHOTO/RICHARD DREW

Shares in BlackBerry maker Research In Motion fell below $10, the lowest point in nearly eight years, amid growing concerns about the outlook for the troubled smartphone maker.

Posted: June 5th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Blackberry maker to cut 2,000 jobs, splits COO job

NEW YORK—BlackBerry maker Research In Motion Ltd. is cutting 2,000 jobs as part of a cost savings plan announced last month and is shuffling some senior executives. The job cuts amount to about 10 percent of the company’s work force. The company said Monday it will notify affected employees this week. It expects to give [...]

Posted: July 25th, 2011 in Headlines | Read More »

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