RIM's Stock Tumbles on News of New CEO

At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Research In Motion (Nasdaq: RIMM  ) bids farewell to co-chief executives Jim Balsallie and Mike Lazaridis in a management shift that the company hopes will make it more competitive against Google's (Nasdaq: GOOG  ) Android and Apple's (Nasdaq: AAPL  ) iPhone devices.
  • Apache (NYSE: APA  ) , one of the biggest U.S. gas producers, is buying privately held oil and gas company Cordillera Energy Partners III for $2.85 billion in cash and stock.

If you're interested in mobile stocks, then you don't want to miss this special free report from The Motley Fool's Stock Advisor team: "The Next Trillion Dollar Revolution." This free report reveals one stock that's cashing in on changes in the mobile industry. I encourage you to click here to get instant access to this free report while it's still available.

Fool contributor Tamara Rutter owns shares of Apple. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of Google and Apple. Motley Fool newsletter services have recommended buying shares of Google and Apple, as well as creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1763179, ~/Articles/ArticleHandler.aspx, 8/28/2014 3:33:32 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!


Advertisement