This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Thursday's Winners & Losers: Goodyear Tire

Research In Motion (RIMM) fell 13.3% to $123.46 after reporting earnings just shy of analysts' expectations as well as a lower-than-expected outlook.

For the first quarter, the Canadian wireless company earned $482.5 million, or 84 cents per share, compared with $223.2 million, or 39 cents per share, the previous year. Revenue rose to $2.24 billion from $1.08 billion a year earlier. Analysts expected earnings to be 85 cents per share on revenue of $2.27 billion. For the second quarter, RIM expects to earn 84 cents to 89 cents per share on revenue of $2.55 billion to $2.65 billion; analysts estimated earnings of 90 cents a share on revenue of $2.44 billion.

This article was written by a staff member of TheStreet.com.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
F $15.90 0.82%
GT $27.60 -0.50%
GM $35.78 0.53%
LEA $114.27 -0.70%
ORBK $17.86 -0.89%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs