WATERLOO, Ontario—Research In Motion Ltd.’s stock rose sharply in trading after the company reported strong quarterly results and offered optimistic guidance. The firm’s stock was up almost 20 percent in trading to about $102.87 per share, a two-year high for the company. RIM also...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.Handset and infrastructure vendorsGoldman Sachs raised its price target on Research In Motion...
FRAMINGHAM, Mass.—IDC said there is tremendous growth potential in the market for business-focused phones, and predicted that Microsoft Corp’s involvement with Motorola Inc., Palm Inc., and others, as well as Nokia Corp.’s commitment to an end-to-end strategy, threatens to weaken Research in Motion Ltd.’s...
REDWOOD CITY, Calif.—Visto Corp. will have no trouble paying its lawyer fees. The mobile e-mail service provider raked in another $51 million this week in a funding round led by Oak Investment Partners. The haul follows a $70 million round that closed last November;...
BELLEVUE, Wash.—With the quiet addition of its new t719 flip phone, which offers BlackBerry Connect service and an e-mail-friendly keypad, Samsung Electronics Co. Ltd. now supplies just over one-third of T-Mobile USA Inc.’s handset portfolio. The t719 uses the same SureType keypad—a QWERTY alternative...
NEW YORK-Demand is strong at T-Mobile USA Inc. retail stores for the recently launched Research In Motion Ltd. BlackBerry Pearl, according to a national channel check by UBS analyst Maynard Um. The device, announced Sept. 7, combines productivity functions with multimedia and consumer-oriented style....
As a growing number of companies make efforts to take their workforces mobile, new stories are emerging as to how companies are actually making use of wireless technology in the real world. Claims adjusters and utility companies already are well-known for making use of...
Big deals attract attention. Watching mergers and acquisitions play out is a perennial spectator sport in the technology business, in part because the results of M&As take time to reach fruition or wither on the vine. After Motorola Inc. announced last week it would...
SUNNYVALE, Calif.—Palm Inc. shares were up more than 3 percent on the heels of the company’s first-quarter earnings report, a grab-bag of news on the company’s fortunes. The report included an uptick in revenue, depressed profit and a near-term strategy of foregoing profit in...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.Handset and infrastructure vendorsRBC Capital Markets raised its price target on L.M. Ericsson...
NEW YORK—Demand is strong at T-Mobile USA Inc. retail stores for the recently launched Research In Motion Ltd. BlackBerry Pearl, according to a national channel check by UBS analyst Maynard Um. The device, announced Sept. 7, combines productivity functions with multimedia and consumer-oriented style....
SCOTTSDALE, Ariz.--Sage Software acquired Corum Mobile, a division of Corum Corp., to solidify Sage's offering of Corum's mobile customer record management services, Sage announced. Corum is privately held and based in Concord, Ontario. Terms of the deal were not disclosed.The Corum mobile platform provides...
Cingular Wireless L.L.C. is adding a Razr-esque smart phone to its device lineup, targeting business and consumer users who want access to e-mail and entertainment content, but are willing to forego a full Qwerty keyboard. ? The Cingular 3125 is manufactured by Chinese vendor...
LOS ANGELES--Nokia Corp. knows how to get the buzz going. On the first day of CTIA Wireless I.T. & Entertainment event last week the handset manufacturer launched a new productivity and multimedia device?the E62 smart phone?at Cingular Wireless L.L.C., at an eye-opening $150. Certainly...
LOS ANGELES--Mobile content and applications company Handango said it has experienced a significant increase in the number of repeat buyers of smart-phone applications through its In Hand on-device access service. The company said repeat users trended toward applications that include IM+ for Research In...
SCOTTSDALE, Ariz.—Sage Software acquired Corum Mobile, a division of Corum Corp., to solidify Sage’s offering of Corum’s mobile customer record management services, Sage announced. Corum is privately held and based in Concord, Ontario. Terms of the deal were not disclosed.The Corum mobile platform provides...
LOS ANGELES-Cingular Wireless L.L.C. is adding a Razr-esque smart phone to its device lineup, targeting business and consumer users who want access to e-mail and entertainment content, but are willing to forego a full Qwerty keyboard. RCR @ CTIAClick here for complete coverage of...
Nokia Corp. knows how to get the buzz going.RCR @ CTIAClick here for complete coverage of the CTIA Wireless I.T. show. Click here for the latest headlines from the show.Today it launched a new productivity and multimedia device—the E62 smart phone—at Cingular Wireless L.L.C.,...
CINCINNATI—MobileVoiceControl Inc. is entering the voice-driven search market with an application for smart phones from Sprint Nextel Corp. The developer launched VoiceControl, which allows users to search for mobile content, local business listings and information from the Internet; users can also give voice commands...
Vodafone Germany launched a downloadable Java-based mapping application that features hi-resolution aerial photos and a searchable database of more than 4,000 German points of interest. Like Google Earth and other mapping applications for computers, Mobile Earth allows users to access satellite images of specific...
WASHINGTON—The federal government should lean on the wireless industry to make sure hackers can't access personal information on used smart phones and personal digital assistants, the governor of Illinois told the Federal Communications Commission and the Federal Trade Commission. "There is a clear cause...
BELLEVUE, Wash.—T-Mobile USA Inc. and Research In Motion Ltd. announced the launch of RIM’s BlackBerry "Pearl" device, which combines productivity and multimedia features. The device stands as a bid to bolster T-Mobile USA’s portfolio as well as expand RIM’s market from a pure enterprise...
SUNNYVALE, Calif.-Yahoo Inc. launched an expanded Go for Mobile service, extending its software to devices running Microsoft Corp.'s Windows Mobile operating system. According to a company spokesman, the Go for Mobile software had previously been available in the United States only on one model...
Motorola Inc. is quietly offering users of its Moto Q smart phone a free software upgrade intended to strengthen the device's e-mail and security functions, increase its appeal to business and productivity-oriented users and bring the device up to speed with the competition. The...
