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Facebook’s initial public offering is already oversubscribed. (Reuters) JP Morgan (NYSE: JPM) books a $2 billion trading loss, and the figure could rise by another $1 billion. (Reuters) China’s...
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MetroPCS Communications, Inc. (NYSE: PCS) had a stellar Wednesday on rumors and talk that Deutsche Telekom may be wanting to roll the no-contract and prepaid wireless outfit into its T-Mobile...
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Shares of MetroPCS Communications Inc. (NYSE: PCS) and Leap Wireless International Inc. (NASDAQ: LEAP) are shooting up today following a report at Bloomberg News that German phone company Deutsche...
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When Verizon Wireless made its initial $3.6 billion offer to acquire wireless spectrum from SpectrumCo LLC, most observers didn’t think the deal would run into any opposition. Which only goes to...
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The line between mobile wireless carriers and cable and satellite TV providers has been blurring for a couple of years and may be on the way to disappearing entirely before too long. The short...
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Frontier Communications Corp. (NASDAQ: FTR) missed its consensus first quarter EPS estimate this morning and the company’s shares are getting pummeled. The miss was close: EPS of $0.05, a penny...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Annie’s, Inc. (NYSE: BNNY) Started as Overweight at JPMorgan; Started...
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Comcast Corp. (NASDAQ: CMCSA) reported first quarter earnings this morning that were better than analysts expectations, but a drop in video subscribers and a smaller-than-expected gain in voice...
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Markets opened a few ticks lower this morning after a poor report on new claims for unemployment benefits in the US (our coverage here). The report that pending home sales jumped 4.1% lit a fire...
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MetroPCS Communications, Inc. (NYSE: PCS) is being treated rather poorly after its earnings report missed expectations. Leap Wireless International Inc. (NASDAQ: LEAP) is being treated even...
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After opening lower this morning on weak data from Europe and Asia, the ISM non-manufacturing index for the US came in better than expected, but it was not enough to swing indexes toward gains....
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The three major US equities indexes opened slightly lower this morning following some more dreary news from Europe. Eurozone PMI fell in February to a lower-than-expected reading of 49.3, reawakening...
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Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Allstate Corporation (NYSE: ALL) Raised to Buy and $36 target at Argus....
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Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Acorda Therapeutics, Inc. (NASDAQ: ACOR) Cut to Neutral at Citigroup....
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Thursday is a fairly busy day for earnings expectations. We are expecting the following reports: Advance Auto Parts Inc. (NYSE: AAP); Apache Corporation (NYSE: APA); Applied Materials Inc. (NASDAQ:...
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