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RIM's board re-elected at annual meeting
Jul 10th, 2012
WATERLOO, Ontario (Reuters) - Research In Motion Ltd shareholders elected the company's slate of directors at its annual meeting, the first presided over by new CEO Thorsten Heins, who faces an uphill battle to put the embattled BlackBerry maker back on track. At a meeting on Tuesday where Heins outlined the company's strategy ahead of next year's introduction of a new line of BlackBerry devices, preliminary results showed that a significant portion of the votes were withheld, including 19 percent for former co-CEO Mike Lazaridis. ... (Source: Reuters) -
(Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel's board if its takeover bid succeeds, and would give the U.S. government the right to approve the nominee, an attempt to address security concerns raised by the proposed deal. Sprint said in a filing with the U.S. Securities and Exchange Commission on May ... [Full Article]
TOKYO (Reuters) - Sharp Corp, which supplies Apple Inc with screens for its iPhone and iPad, will post a bigger-than-forecast net loss for the year that ended on March 31 in part because low output at its factories forced it to write off excess capacity, two sources with knowledge of the result said. Japan's leading maker of liquid crystal dis... [Full Article]
LONDON (Reuters) - British Prime Minister David Cameron has called a meeting of his government's emergency Cobra security committee after the killing of a man in south London, his office said on Wednesday. Britian's government convenes Cobra meetings only to deal with incidents that have implications for national security. Media reports s... [Full Article]
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