Research In Motion Ltd. ’s co-CEOs have reduced their salaries to $1 a year because of the recent execution problems at Canada’s most iconic technology company.
The announcement came as the company reported highly anticipated third-quarter earnings on Thursday that were roughly in line with its revised and relatively negative guidance, but were grim enough to send the company’s stock down about 7 per cent in after-hours trading.
Technology eporters Omar El Akkad and Iain Marlow live blogged the company's earnings and conference call.
To read our earlier live coverage and discussion, click here.
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