James Faucette News
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BlackBerry dropped the most in almost a month after Pacific Crest Securities said the Canadian smartphone maker may have to cut back production of its BlackBerry 10 devices because of lower-than-expected sales.
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Apple Inc., Analog Devices Inc. and Garmin Ltd. are among the U.S. companies with the most firepower to extend the biggest surge in stock buybacks since the 1980s.
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Research In Motion Ltd. fell the most since June after Pacific Crest Securities said the company’s new BlackBerry 10 operating system, the linchpin of its comeback plan, may be dead on arrival.
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Research In Motion Ltd. needs more than the cheapest valuation in the communications-equipment industry to lure potential buyers. It also needs a hit smartphone.
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Garmin Ltd., the biggest maker of navigation devices, declined the most in more than three years after forecasting 2013 sales and profit that missed estimates, as consumers switch to smartphones for maps and directions.
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HTC Corp., Samsung Electronics Co. and a host of smaller handset makers are at risk of losing their cachet after Google Inc. buys Motorola Mobility Holdings Inc.
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Research In Motion Ltd. Chief Executive Officer Thorsten Heins expects his million-plus government customers in North America to embrace the BlackBerry 10 devices the company is counting on for survival.
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Nokia Oyj, the world’s biggest maker of mobile phones, declined as much as 6 percent after analysts said the company’s first Windows Phones shipments were lower than expected.
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Research In Motion Ltd.’s pricing power with carriers shows signs of slipping after the BlackBerry maker was forced to cut subscriber service fees as demand for its smartphones in emerging markets slows.
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Qualcomm Inc., the world’s biggest maker of mobile-phone chips, rose to a 12-year high after the company increased sales and profit targets for the quarter and year on growing demand for smartphones.
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