Thursday, May 5, 2011

Research In Motion Rallies On Takeover Speculation

Shares of Research In Motion Limited (NASDAQ: RIMM) rallied as much as 2% on speculation that the company could be acquired by Microsoft Corporation (NASDDAQ: MSFT). Research In Motion recently announced that it will use Microsoft's Bing search engine and maps as default options on its new BlackBerry devices. Stay tuned for more.

Full Disclosure: None.
Related Posts with Thumbnails

Wikinvest Wire