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Nomura Securities initiates coverage of Motorola (MOT) and Research in Motion (RIMM) with a...

Dec. 02, 2010 12:57 PM ETAlphabet Inc. (GOOG) StockAAPL, GOOG, DELL-OLD, HPQ, BB, NOK, HTCCF, ZTCOF, SSNLFBy: Marc Songini, SA News Editor1 Comment
Nomura Securities initiates coverage of Motorola (MOT) and Research in Motion (RIMM) with a Reduce rating and Neutral rating, respectively. In the smartphone wars, Nomura claims Motorola will be squeezed by Apple (NASDAQ:AAPL) in the U.S. And RIM is losing market share rapidly, and probably will be hammered on margins, too.

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