Canada.com Business News - Mar 11, 2010Research In Motion Limited (RIM)
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Kevin Hunt
at
Hapoalim SecuritiesThere were gains in financials and in information technology stocks, but losses in the industrial and telecommunications services sectors.
Research In Motion Ltd stock was up for its third day in four after Hapoalim Securities analyst Kevin Hunt said the BlackBerry maker was likely to boost its global market share for smartphones. Shares of Transat A. T. Inc., one the other hand, plunged as much as 30% after reporting a much larger than expected quarterly loss. Adding to the negative sentiment, Statistics Canada said the country ran a trade surplus of $799 million in January, up from a revised surplus of $75 million in December. However, the same federal agency said new home prices were up 0.4% in January, the seventh month in a row this index has seen gains
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There were gains in financials and in information technology stocks, but losses in the industrial and telecommunications services sectors.<span class="sent"> <span class="company">Research In Motion</span> Ltd stock was up for its third day in four after Hapoalim Securities analyst <span class="analyst">Kevin Hunt</span> said the BlackBerry maker was likely to boost its global market share for smartphones.</span> Shares of Transat A. T. Inc., one the other hand, plunged as much as 30% after reporting a much larger than expected quarterly loss. Adding to the negative sentiment, Statistics Canada said the country ran a trade surplus of $799 million in January, up from a revised surplus of $75 million in December. However, the same federal agency said new home prices were up 0.4% in January, the seventh month in a row this index has seen gains....There were gains in financials and in information technology stocks, but losses in the industrial and telecommunications services sectors.<span class="sent"> <span class="company">Research In Motion</span> Ltd stock was up for its third day in four after Hapoalim Securities analyst <span class="analyst">Kevin Hunt</span> said the BlackBerry maker was likely to boost its global market share for smartphones.</span> Shares of Transat A. T. Inc., one the other hand, plunged as much as 30% after reporting a much larger than expected quarterly loss. Adding to the negative
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