Hot Stocks: Research in Motion Ltd (NASDAQ:BBRY), Nokia Corporation (ADR)(NYSE:NOK)

Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Research In Motion Ltd or Black Berry Limited (NASDAQ:BBRY) as per media reports is on a threshold of signing an agreement with the telecom carriers in United Arab Emirates allowing the handset manufacturer to offer Voice over Internet Protocol services for the first time in the gulf country.

Is BBRY after A Solid Pop Up? Find Out Here

Because of its high roaming tariffs from the voice calls made by the countries’ emigrant populations, Blackberry has faced resistance in the Middle Eastern countries to launch its Voice over Internet Protocol services.

The Dubai-based carrier DU and BlackBerry are currently testing VoIP and Internet-based video services and expect to launch it in the near future.

BlackBerry, which is popular for its blackberry Messenger service has almost 60 million active members and provides free and secure instant messaging service.

If the company enters into an agreement with the telecom services in the oil rich country, then it will gain an edge over its rival Samsung Electronics, Apple Inc and Nokia Corporation, Nokia, which offers Microsoft Corporation’s VoIP service Skype Apple’s very own Face Time are blocked in the UAE by the service providers.

Samih Elhage is to succeed Marco Schroeter, as new chief financial officer as the latter is to leave the Nokia Corporation (ADR)(NYSE:NOK) Siemens Networks with immediate effect after serving the company for two years.

Will NOK Continue To Trend Higher After The Recent Gain? Find Out Here

The role of chief operating officer, which Elhage was appointed as when he joined will no longer be continued by the company.

Schroeter joined the company in 2011.

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