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mkang

mkang
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  • Canada PMI slips to 4-month low [View news story]
    with the minimum wage increase of nearly 10% yesterday (10.25 ->11.00$/Hr), dont expect this to get any better. Manufacturers will be exiting Canada to lower cost places. Prices will be increases in the service sector to reflect the higher wages costs pushing the inflation index higher. Not good for the Canadian $.
    Jun 2, 2014. 09:54 AM | Likes Like |Link to Comment
  • Research In Motion (RIMM) is acquiring NewBay, a provider of "white label" content tools for wireless carriers, for a reported price of $100M. The deal could give a needed boost to RIM's services offerings relative to AAPL, GOOG, and MSFT, and strengthen its ties with carriers, some of whom are remaining loyal to RIM out of a desire for a "third ecosystem." (earlier)  [View news story]
    WOW!!! this moves certainly exudes the management's confidence despite the market lashings.
    Oct 7, 2011. 02:38 PM | 1 Like Like |Link to Comment
  • A WSJ exposé finds Research In Motion's (RIMM) floundering tablet push to have been paralyzed by internal strife. Arguments raged over whether RIM's PlayBook should be aimed at consumers or enterprises, and a prestigious ad agency hired by the company butted heads with RIM execs over the PlayBook's marketing. (previously)  [View news story]
    make two - one for corp...one for consumers.....one to go head to head with ipad..the other would be a niche - high priced corporate tablet...simple!
    Sep 30, 2011. 03:25 PM | 1 Like Like |Link to Comment
  • More on Research in Motion (RIMM): Citing the same underlying patent value (previous), Jefferies upgrades shares to Hold from Underperform, and raises its PT to $25 from $22. Also sitting under the radar for RIMM are positive comments from Marvel Technology's (MRVL) CEO in a CC yesterday. Shares +2% premarket.  [View news story]
    the way RIMM is moving, you would think a bid is coming on Monday......hmmmmm
    Aug 19, 2011. 03:52 PM | Likes Like |Link to Comment
  • Big Q2 drops in oil production at more than 20 major oil companies are startling, even accounting for lost Libyan production, Deutsche Bank says, and are not likely to be offset by unconventional deepwater or shale E&P projects, except at XOM, OXY and MRO. Wall Street will need to ratchet down its estimates, and oil prices could rise to $120/barrel.  [View news story]
    dont forget the hurricane season is upon us
    Aug 12, 2011. 02:38 PM | 1 Like Like |Link to Comment
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