Thursday, June 28, 2007

UPDATE 3-RIM profit surges, sets stock split, shares jump

(Reuters) - TORONTO, June 28 - BlackBerry maker Research In
Motion Ltd. reported a higher first-quarter
profit on Thursday, beating expectations and sending its shares
higher as it added more subscribers for its popular wireless
e-mail devices than it had forecast.




The company also announced a three-for-one share split,
which it plans to implement through a stock dividend.


Read more at Reuters.com Market News

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