For years, if you wanted to make an investment in the stock market on the company that made BlackBerry phones, you needed to buy the shares of Research In Motion, which went by the ticker symbol RIMM on NASDAQ. But amid all of the hoopla of the new BlackBerry 10 OS, and the new BlackBerry Z10 and BlackBerry Q10 handsets, the company has dropped the old name and will be known as BlackBerry. But this will not start until Monday, February 4th. Starting this coming Monday, those who look up stock quotes in the paper will find BlackBerry under "B," no longer under "R". If you're watching CNBC or even watching the ticker on your Apple iPhone, the new symbol is BBRY. And don't think that only stock traders or companies that print checks and business cards are affected. Right here at PhoneArena, we are undergoing a very rapid, but deep reprogramming of our thought process to remove RIM and replace it with BlackBerry. Some of this training involves sitting us in front of a QWERTY keyboard that … [Read more...] about RIM’s new BlackBerry name and stock market ticker symbol take effect February 4th
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posted on 07 Sep 2011, 09:35 0 1. SellPhones (unregistered) I also heard yesterday they Sprint is changing the Return Policy from 30 days back to 14 days starting in October. Didn't VZW do the same this right before they lauch the iPhone? Does Apple somehow force Carries to a 14 policy so that people have less time to return their phone therfore cutting back the total amount of iPhones returned? posted on 07 Sep 2011, 09:49 0 5. superguy (Posts: 316; Member since: 15 Jul 2011) Of course, when AT&T and Verizon did this, they were absolutely evil and used as evidence of anticompetitive behavior. What say Sprint supporters over this? posted on 07 Sep 2011, 10:07 0 8. Codename: Infamous (unregistered) "Innovation", no its not they are doing whats already been done. Its a business apple is worldwide power. The people want the iphone with sprint service. Reducing the return policy to 14 is tragic as a result everyone who wants the iphone on Sprint win. Sprint … [Read more...] about Comments for : Should you rush to buy Sprint stock now?
Yesterday, a “technology issue” in the form of an electronic trading glitch at the Knight Capital Group brokerage firm caused confusion in the stock markets. According to the Wall Street Journal, at the beginning of the trading day yesterday, “Knight's computer program appeared to spit out duplicate buy and sell orders, jamming the market with high volumes of trades that caused the wild swings in stock prices.” For instance, the insurance company Berkshire Hathaway experienced “more trading in the opening hour than it does in a typical day.” Some 148 stocks were said to be involved, with the New York Stock Exchange (NYSE) having to cancel the trades in six stocks. Another WSJ story states that Knight Capital is the “biggest handler of stock orders for U.S. retail brokerage firms” and averages around 725 million shares a day. In comparison, the NYSE trades about one billion shares a day. An investigation has begun into … [Read more...] about “Technology Issue” Roils Stock Market
This story’s too big for 140 characters: Fake Twitter accounts used to manipulate the U.S. stock market led to the indictment of a 62-year-old Scottish trader by the U.S. Attorney for Northern California.The man, named as James Craig in the indictment, is accused of creating two bogus Twitter accounts under the guise of market research firms. He then used the fraudulent profiles to tweet misinformation about publicly traded stocks, allowing him to buy up shares when prices plummeted.Craig’s alleged scam reportedly cost shareholders $1.8 million, although he himself is said to have been unsuccessful in profiting from the shares that he purchased.Craig’s Twitter accounts impersonated market research firms Muddy Waters Research and Citron Research. According to a document filed by the Securities and Exchange Commission, a typical tweet disseminated in 2013 from one of the fake accounts stated that Audience (a Bay area tech firm) was being investigated by the DOJ on … [Read more...] about Busted! Guy who used Twitter to manipulate stock market indicted
Stock markets were mixed today as investors bought up the blue chips but were more cautious on tech shares ahead of a key update from Intel.The Dow rose 45.89, or 0.42 percent, to 10,851.51. The Standard & Poor's 500 index was also higher, moving up by 2.24 points, or 0.19 percent, to close at 1,209.25.Tech investors were awaiting an after-the-bell midquarter update from Intel. Earlier reports from Texas Instruments and others had spooked investors.In the report, Intel said first-quarter revenue would come in at the high end of its earlier forecast range of up to US$9.4 billion. It also said profit margin would be higher than previously expected and would come in at 56 to 58 percent. Intel shares gained more than 2 percent in after-hours trading.Also making investors uneasy was a surprising jump in weekly jobless claims reported by the Labor Department. The weekly total jumped 17,000 to 327,000 for last week, the highest level in two months.Stocks got a boost when oil prices … [Read more...] about Stock Markets Mixed as Investors Watch for Intel Report