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 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit IndonesiaMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor