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BlackBerry Limited Message Board

  • digitalmarket digitalmarket Aug 18, 1999 5:55 PM Flag

    Canadian Equity Movers: RIM

    Canadian Equity Movers: Gold Producers,
    Hummingbird (Final)
    Toronto, Aug. 18 (Bloomberg) --
    Canadian gold shares fell with the price of bullion, while
    Seagram Co. and Thomson Corp. led media-related stocks
    higher on optimism for profit growth.

    The Toronto
    Stock Exchange 300 Composite Index fell 10.51, or 0.15
    percent, to 7042.50.

    The following stocks made
    significant gains or losses in Canadian markets. Symbols are
    given in parentheses after company
    names.

    Inflows and outflows represent the difference between the
    value of trades made at a higher price than the
    previous trade and those made at a lower
    price.

    Such money flows show whether people are willing to
    pay more for a stock that's rising, or to sell a
    stock that's falling for less. If they aren't, it's a
    signal that the share price may soon change
    direction.

    Research In Motion Ltd. (RIM CT) rose C$2.50, or 7
    percent, to C$38. The Waterloo, Ontario-based maker of
    interactive pagers and wireless communications products was
    reiterated ``strong buy'' by analyst Todd Coupland at CIBC
    World Markets Inc. He said he expects the shares to
    reach C$43.50 in 12 months.

 
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