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RIM (RIMM) is selling one of its two business jets as part of a plan to save $1B in operating...

RIM (RIMM) is selling one of its two business jets as part of a plan to save $1B in operating costs, sources say. The jet itself is expected to bring in only $6M-7M, but the attempted sale shows just how strong the pressure is on the company to do something, anything, to mount a turnaround. Stay tuned for RIM's shareholder meeting today.
Comments (4)
  • Roberto Reyes-Batlle
    , contributor
    Comments (48) | Send Message
     
    ROTFL You mean they STILL have business jet? The way the company is going, they should be moving around in scooters!!!
    10 Jul 2012, 07:12 AM Reply Like
  • RycheMykol
    , contributor
    Comments (352) | Send Message
     
    Bedrock, personal attacks aren't necessary.

     

    Pot.Kettle.Black.
    10 Jul 2012, 10:33 AM Reply Like
  • Phill Stone
    , contributor
    Comments (78) | Send Message
     
    I feel incredibly sorry for anyone still long this stock. They are going to lose all(95%+) of their money.
    10 Jul 2012, 03:08 PM Reply Like
  • bedrock65
    , contributor
    Comments (637) | Send Message
     
    Do you actually believe someone has been holding onto RIM since it was $148?
    10 Jul 2012, 07:19 PM Reply Like
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