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A Way To Play The Netflix Streaming (LVLT)
Monday, November 22, 2010 - 9:11am | 154Netflix (NASDAQ: NFLX) announced this morning what most customers wanted: a streaming only option, for $7.99 per month. It also announced a price raise for its other options, including the streaming and 1 DVD option, which is its most popular. This will go to $9.99 per month. It seems like NFLX is...
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Gilat Announces Third Quarter EPS of $.86
Wednesday, November 17, 2010 - 8:42am | 133Gilat Satellite Networks Ltd. (Nasdaq: GILT) today reported its results for the quarter ending September 30, 2010. Revenues for the third quarter of 2010 were $58.0 million compared to $54.6 million in the same period of 2009. Net income for the third quarter of 2010 was $36.2 million or $0.86 per...
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Earnings Scheduled For November 17 (AMAT, LTD, TGT, NTAP, BJ, CHS, GILT, PETM, SPRD)
Wednesday, November 17, 2010 - 2:59am | 240Applied Materials (NASDAQ: AMAT) is expected to report its Q4 earnings at $0.31 per share on revenue of $2.6 billion. Limited Brands Inc (NYSE: LTD) is estimated to report its Q3 EPS at $0.16 on revenue of $1.95 billion. Target Corp (NYSE: TGT) is projected to post its EPS at $0.68 in the third-...
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Focus on G20 Comments 11-11-2010
Thursday, November 11, 2010 - 2:18pm | 873Cusick's Corner Market players are focusing on G20 comments, especially with the currency war rhetoric continuing. While there is little expectation of a lot getting done at the conference, there will be some headlines. The current pullback is tempered and the bid has been nibbling, but not biting...
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Arbinet Down 19% (ARBX)
Thursday, November 11, 2010 - 12:41pm | 47Arbinet Corporation (NASDAQ: ARBX) is down 19% after the company agreed to be acquired by Primus Telecommunications Group in a stock for stock transaction. Arbinet Corporation provides international voice, data, and managed communications services for fixed, mobile, and wholesale carriers.
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Netflix Signs Multi-Year Deal with Level 3
Thursday, November 11, 2010 - 8:01am | 158Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected to serve as a primary content delivery network (CDN) provider for Netflix, Inc. (NASDAQ: NFLX) to support the company's streaming functionality and to support storage for the entire Netflix library of content. As...
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Level Three Confirms Deal With Netflix (LVLT, NFLX)
Tuesday, November 9, 2010 - 1:34pm | 85According to CNBC, Level 3 Communications, Inc. (NASDAQ: LVLT) has confirmed it now has a deal with Netflix (NASDAQ: NFLX) to be its content delivery partner. LVLT took this deal away from Akamai (NASDAQ: AKAM), and shares of Level 3 are skyrocketing on the news. At last check, shares were up 15...
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Netflix Goes Back To Level 3 and Limelight
Tuesday, November 9, 2010 - 8:35am | 192After Akamai (NASDAQ: AKAM) took Netflix's (NASDAQ: NYSE) business from Level 3 (NASDAQ: LVLT) earlier this year and became the primary CDN for Netflix, it appears that Netflix has chosen to return to Level 3 and Limelight, according to Seeking Alpha. Limelight announced last week that Netflix was...
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Morgan Joseph Upgrades (TWER, CEC)
Friday, November 5, 2010 - 9:14am | 35Morgan Joseph Upgrades the following companies from Hold to Buy: CEC Entertainment (NYSE: CEC); price target $43 Towerstream (NASDAQ: TWER); $4.75
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Cogent Communications Shares Up 7.6% (CCOI)
Thursday, November 4, 2010 - 2:27pm | 156Shares of Cogent Communications Group, Inc. (Nasdaq: CCOI) are trading up 7.6% at $11.65 per share during the Thursday afternoon trading session. The day's trading range for shares of Cogent Communications Group, Inc has been between $11.04 and $11.93 per share. Analysts covering the company's...
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Oppenheimer Lowers TW Telecom Estimates
Thursday, November 4, 2010 - 7:42am | 104TW Telecom, Inc. (NASDAQ: TWTC) reported financials “below our estimates/consensus primarily on disconnects from two large customers,” Oppenheimer reports. “TWTC remains a unique nationwide facilities-based emerging communications company,” Oppenheimer writes. “However, the stock will likely trade...
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NI Technology Previews Earnings for Atmel, International Rectifier, JDS-Uniphase, Microchip and Towerstream
Thursday, November 4, 2010 - 7:04am | 150Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on semiconductor and technology stocks, has published updated outlooks for Atmel (Nasdaq: ATML), International Rectifier (NYSE: IRF), JDS-Uniphase (Nasdaq: JDSU), Microchip (NASDAQ: MCHP) and...
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tw telecom Reports Third Quarter EPS of $.11
Wednesday, November 3, 2010 - 3:41pm | 235tw telecom inc. (Nasdaq: TWTC) today announced its third quarter 2010 financial results, including $320.3 million of revenue, $115.5 million in Modified EBITDA, $23.8 million in levered free cash flow and net income of $16.1 million. Highlights for the Quarter Grew total revenue 5% year over...
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Vonage Holdings Corp. Reports Third Quarter EPs of $.04
Wednesday, November 3, 2010 - 7:14am | 49Vonage Holdings Corp. (NYSE: VG) announced results for the third quarter ended September 30, 2010. -- Company Announces Plans for Comprehensive Refinancing -- Adjusted EBITDA(1) of $35 Million -- Net Income of $8 Million or $0.04 per Share Excluding Adjustments -- Company Reports Revenue of $214...
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Global Crossing Announces Third Quarter Net Loss of $7M
Monday, November 1, 2010 - 3:33pm | 139Global Crossing (Nasdaq: GLBC) today announced unaudited third quarter 2010 results. Global Crossing's consolidated revenue was $648 million in the third quarter of 2010, an increase of 3 percent sequentially and an increase of 1 percent year over year. The sequential comparison included a $3...