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Tech stocks moved higher Friday, with Research In Motion(RIMM Quote) leading the way.
The BlackBerry maker soared 18% after posting stellar first-quarter results. The company posted earnings of $223.2 million, or $1.17 a share, on revenue of $1.08 billion. Analysts polled by Thomson Financial expected earnings of $1.06 a share on revenue of $1.05 billion.
Looking ahead, Research In Motion sees second-quarter earnings of $1.37 to $1.49 a share on revenue of $1.3 billion to $1.37 billion. Analysts project earnings of $1.12 a share on revenue of $1.11 billion. ...
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