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Research In Motion shares climb

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RIMM $11.66 +$1.40

at close on FRIDAY

By The Associated Press
Saturday, Nov. 24, 2012, 12:01 a.m.

Shares of Research in Motion Ltd. jumped Friday as investors seemingly grew more optimistic about a February introduction of the Canadian company's much-delayed BlackBerry 10 smartphones.

RIM will release the latest version of its smartphone “not too long” after a Jan. 30 opening event, the company's chief operating officer said this month.

The Waterloo, Ontario, company seems to be preparing for a February global start, a month earlier than many analysts were expecting, according to an analyst with National Bank Financial, a Canadian bank.

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