research in motion

Paul Kedrosky, author of the Infectious Greed Blog and a Bloomberg contributing editor, talks about Apple Inc.'s competition with Research In Motion Inc.

Research In Motion Ltd.'s Thorsten Heins, five days into his job as chief executive officer, pledged to regain lost ground in the U.S. smartphone market and said he held talks with rivals eager to license its software.

BlackBerry maker Research in Motion's co-CEOs, Jim Balsillie and Mike Lazaridis, announced they have stepped down as co-CEOs and co-chairmen of the once-iconic company that has struggled to compete in recent years.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week Low:

• Research In Motion (Nasdaq: RIMM) low of $16.24.
  
  RIM simply succumbing to market pressures in its drop to a 7.5 year low. That's right, the last time RIM was at this trading level was in May 2004.
• Diamond Foods, Inc.
  
  (Nasdaq: DMND) low of $27.08. Reports have surfaced that Diamond audit committee member and Director Joseph Silveiri committee suicide yesterday.

The trouble couldn’t come at a worse time for Research in Motion, as the handset maker faces a shrinking market share and agitated investors.

A person uses the new Blackberry Bold 9900 at a release party to promote the BlackBerry OS 7 devices made by RIM in Toronto LONDON - BlackBerry users in Europe, the Middle East and Africa were suffering a second day of problems on Tuesday, just hours after Research In Motion Ltd, maker of the devices, said it had fixed a huge outage.

Shares in Research In Motion had their largest single-day gain in more than two years after a report suggested cellular carrier Vodafone may be interested in the company.

Sept. 29 -- Brian Blair, an analyst at Wedge Partners Corp., talks about the possibility that Research in Motion Ltd.

Shares of BlackBerry maker Research in Motion Ltd. surged Tuesday amid speculation that billionaire investor Carl Icahn has taken a stake in the company.

RIM (Research in Motion), makers of BlackBerry, announced some new management changes and job cuts today, or as the company calls it, a new “cost optimization program”.

The program was actually first mentioned back in mid-June. First, the management changes.