shares
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Palm now worth nothing Woof. Analysts have placed a sell rating on Palm and are now valuing their stock, at least in hyperbolic terms, at $0. Quoth CNN: Shares of Palm (PALM) plunged 19% to $4.59 a share early Friday, a new 52-week low. Investors are becoming increasingly pessimistic about the company's future and several analysts downgraded their positions on the stock to "sell." Two analysts even lowered their pr...
submitted by MobileCrunch 7 hours ago (via mobilecrunch.com)
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Reuters - Shares of mobile phone maker Palm tumbled on Friday on questions over its ability to survive in a tough market dominated by Apple, Google and Research in Motion.
submitted by Yahoo 14 hours ago (via us.rd.yahoo.com)
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Palm's Survival Questioned as Shares Tumble Palm posted its eleventh consecutive quarterly loss and sent shares plunging more than 25 percent, highlighting the difficult time the embattled handset maker has had trying to win over consumers in a market dominated by iPhones and BlackBerrys.
submitted by Mobiledia 14 hours ago (via mobiledia.com)
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1
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Palm shares dip 25 percent after disappointing earnings call Palms latest earnings call, in which the company announced a very disappointing $22-million loss during its fiscal Q3, has led to a 25% dip in shares. Palm stock in turn has dipped below $5 for the first time since the Palm Pre was first announced a bit over a year ago. Morgan Joseph analyst Ilya Grozovskys
submitted by UnwiredView 16 hours ago (via feedproxy.google.com)
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Palm circling the drain Poor Palm (NSDQ: PALM). After reporting another disappointed quarter, the one-time smartphone king is taking a beating on the stock market and multiple analysts have cut its price target on Palm shares to $0. A Morgan Joseph & Co. analyst said the company is an accelerating death spiral, and Canaccord Adams isnt optimistic about the companys ...
submitted by IntoMobile 22 hours ago (via feedproxy.google.com)
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1
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Palm Inc. shares plunged Friday after the handheld device maker's latest quarterly report raised questions about the its turnaround effort.The company's stock was down $1.52, or 26.9 percent, at $4.13 in afternoon trading. The stock earlier set a new year low of $4.08. Its previous bottom of...
submitted by WirelessWeek 1 day ago (via wirelessweek.com)
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Palm Inc. shares dove more than 18% early Friday after the company announced an increased number of shipments to carriers during its third fiscal quarter ended Feb. 26, but a drop in sell through of devices to consumers.
submitted by RCRWirelessNews 1 day ago (via rcrwireless.com)
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1
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Palm need to something pretty special considering shares has dropped 14-percent, the smartphone manufacturer really needs to pull something out of the bag and they hope they can do this with O2 releasing the Palm Pre Plus and the Palm Pixi Plus. According to Slash Gear the Pre Plus and Pixi Plus will be part of
submitted by PhonesReview 1 day ago (via phonesreview.co.uk)
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Palm shares slide with its revenue expectations falling well short of Wall Street expectations Click here for more.
submitted by CellularNews 1 day ago (via feedproxy.google.com)
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1
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Shares of KongZhong Corp. jumped on Wednesday after the Chinese wireless entertainment company reported sharply higher fourth-quarter profit and revenue.The company also gave a strong first-quarter revenue outlook.U.S.-listed shares of KongZhong rose $1.81, or 23 percent, to close Wednesday at...
submitted by WirelessWeek 2 days ago (via wirelessweek.com)


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