RIMM Results Not So Hot; Balsillie Resigns From Board

It was reported on Wednesday that Research In Motion (NASDAQ: RIMM) is hoping that tomorrow's earnings will see the company avoid a fifth straight sales miss, with investors looking to the new CEO for an immediate turnaround.

From Dow Jones' Ben Dummett: Research In Motion new CEO Thorsten Hein exerts power on RIMM amid the smartphone maker's weak 4Q results and its decision against providing earnings and revenue guidance. Jim Balsillie, former co-CEO resigns from board,

It was reported on Wednesday that Research In Motion (NASDAQ: RIMM) is hoping that tomorrow's earnings will see the company avoid a fifth straight sales miss, with investors looking to the new CEO for an immediate turnaround.

Research In Motion Limited (USA) (NASDAQ:RIMM), having fell short of expectations for four consecutive quarters, is struggling to keep away from another.

We are downgrading our recommendation on Research In Motion Ltd., (RIMM) to Underperform from Neutral on the back of continued somber financial results coupled with a reduced outlook. Research In Motion has consistently struggled ever since Apple Inc's