Thursday, July 5, 2007

RIM shares hit year highs on outlook, China

(Reuters) - The shares were extending a rally that began last week after Waterloo, Ontario-based RIM reported a surge in first-quarter revenue and an adjusted profit on Thursday that soundly beat expectations. It also said it would split its shares on a three-for-one basis.




The following day, analysts heaped praise on the company and the stock continued rising.


Read more at Reuters.com Hot Stocks News

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