NEW YORK (
Research In Motion
shares jumped 6.5% to $14.82 in late-afternoon trading Tuesday after a
Wall Street Journal
report that the BlackBerry maker's investors were pressuring the board of directors to make changes at the company.
Shares of RIM have dropped 75% since the beginning of the year after a series of product delays that have led rivals
to capture smartphone market share.
Apple shares edged up 1.2% to $408.29 despite the company being fined $1.2 million in Italy for allegedly misleading consumers about its warranties. According to Italian officials, Apple failed to inform customers that they were eligible for two years of tech support under EU regulations, rather than the one year of support under Apple's warranty plan.
Google shares rose 1.5% to $642.80 amid complaints from competitors like
that the company is placing results from its own online travel search business at the top of regular searches. Google's flight search capabilities are powered by
, which the company acquired --
and faced anti-trust concerns about -- earlier this year
shares dropped 2.6% to $4.79 after a report that the Finnish handset maker could lose its spot as the top smartphone manufacturer to
. Nokia is struggling to sell its handsets among competition from Samsung, Apple and others.
-- Written by Olivia Oran in New York
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