Quantcast

Latest Celestica Stories

RIM Warns Of Loss, Faces Uncertain Future With Major Restructuring
2012-05-31 04:46:07

Canada-based Research In Motion Ltd (RIM) faces a shaky future as it undergoes a major global restructuring that includes the elimination of thousands of jobs worldwide. The company warned late Tuesday of a quarterly loss — its first in seven years — and announced it was hiring leading M&A specialists from JPMorgan and RBC Capital to “review” its strategic options. The move sparked questions about whether RIM may be looking to sell itself, although that...


Word of the Day
pungle
  • To take pains; labor assiduously with little progress.
This word comes from the Spanish 'pongale,' put it.
Related