
Canadian company Research in Motion, the makers of BlackBerry telephones, will no longer be part of the Nasdaq 100 index, the market operator said Saturday on its website. The index -- which includes the 100 largest non-financial companies listed on the electronic exchange -- said Research in Motion (RIM) was one of ten companies to be removed from the index in its annual revision process. RIM has seen its star fade over the past several years as it faced stiff competition from the advent of smart phones like the iPhone and others running the Android platform. Facing difficulties, the company is pinning its hopes on the BlackBerry 10, to be unveiled January 30 -- a new generation of phones and operating system. Among the companies joining the Nasdaq 100 on Monday are, notably, semi-conductor maker Analog Devices and Internet infrastructure company VeriSign.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor