RIM shares plunge 15%; Investors ‘overreacted’ to Q4 fears, analysts say

Categories: Financial Post

Investors may have "overreacted" to fears Research In Motion Ltd. will report lower-than-expected sales for its upcoming quarter after the company provided mixed guidance, sending its shares down more than 15% yesterday, analysts said. Read More

NORTEL EYES MORE CUTS; Axes shareholder meeting, reviews real estate as rivals chase after top talent

Categories: Financial Post

Beleaguered telecom giant Nortel Networks Corp., facing threats from rival operators chasing its talented employees, axed its annual shareholder meeting as it took a number of measures to cut costs. Read More