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Why This European Telecom Is A Screaming Buy
Wednesday, July 27, 2011 - 9:14am | 594Vodafone (NYSE: VOD) said yesterday at the annual shareholder meeting yesterday the company is set to resume receiving dividend payments from Verizon (NYSE: VZ) starting next year. This is massive news for Vodafone shareholders, as the stock price is not really reflective of receiving a dividend...
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Insituform Technologies, Inc. Announces Agreement to Acquire North American Business of Fyfe Group and Option to Acquire Fyfe Group
Wednesday, July 27, 2011 - 7:20am | 289Insituform Technologies (Nasdaq: INSU) today announced the execution of a definitive agreement to acquire the North American business of Fyfe Group, LLC for a purchase price of $115.8 million. The Company also was granted an option to acquire Fyfe Group's Asian, European and Latin American...
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Why AT&T is a Good Buy
Wednesday, July 27, 2011 - 7:14am | 537On Wednesday July 20th the FCC said that it would extend its review of AT&T's (NYSE: T) proposed takeover of rival mobile services provider T-Mobile, while Senator Herb Kohl (D. Wis.) lodged a formal objection to the deal, citing fears of a monopoly. "I have concluded that this acquisition, if...
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Windstream Expands Business Service Into Columbus, Ga.
Tuesday, July 26, 2011 - 8:20am | 140Windstream Corp. (Nasdaq: WIN) announces the expansion of its next-generation voice and data services into Columbus, Ga., giving local businesses a new choice for advanced communication services. Columbus business customers may now benefit from a robust portfolio of voice and data solutions,...
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HickoryTech Subsidiary Breaks Ground on $24M Greater Minnesota Broadband Collaborative Project
Tuesday, July 26, 2011 - 8:10am | 69Enventis, a subsidiary of HickoryTech (NASDAQ: HTCO), announced it has kicked off its $24 million Greater Minnesota Broadband Collaborative Project which will further extend its middle mile fiber-optic network across greater Minnesota. The fiber network will improve high-speed Internet access in...
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Pre-Market Winners and Losers
Tuesday, July 26, 2011 - 7:42am | 202Winners: RadioShack (NYSE: RSH) is up almost 19% after the company announced an agreement to provide Verizon Wireless (NYSE: VZ) products in its stores. Broadcom (NASDAQ: BRCM) is up over 8% after reporting earnings. Ceva (NASDAQ: CEVA) is up over 7% after reporting earnings. Hexcel Corp (NYSE...
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News Summary for July 26, 2011
Tuesday, July 26, 2011 - 6:59am | 562This is your Benzinga news summary and traders' outlook for Tuesday, July 26, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher after strong earnings from several blue-chip companies. The U.S....
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Sprint Nextel Earnings Preview: Analysts Expect Falling Revenue, Rising EPS Over Last Quarter
Monday, July 25, 2011 - 1:20pm | 589Sprint Nextel (NYSE: S) releases its next round of earnings this Thursday, July 28, 2011. Get prepared with Benzinga's ultimate preview for Sprint Nextel's second quarter earnings. Earnings and Revenue: Wall Street expects a loss of 12 cents per share and revenues of $8.3 billion. Whether the...
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Goldman Sachs Provides Color on Verizon
Monday, July 25, 2011 - 7:40am | 114Goldman Sachs Provided color on Verizon (NYSE: VZ). In a research report published today, Goldman commented on the company's Q2 report, which came ahead of expectations. In the report, Goldman states, “Verizon exceeded expectations on nearly every measure with particularly strong volume metrics,...
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Markets Cautious - DC on Hot Seat over Weekend 07-22-2011
Friday, July 22, 2011 - 5:54pm | 844Cusick's Corner Today's session was rather mixed and stuck to a small range. Tech led today, so the NASDAQ showed up the Dow and SPX. However, all the major averages ended the week higher. Trading was cautious due to the continuing uncertainty about the deadlock over the August 2nd deadline to...
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No Respect: The Rodney Dangerfield of the Investment World
Friday, July 22, 2011 - 5:11pm | 1026Source: Photobucket Ask any average Joe off the street what investment category is at or near record all-time highs, and a good number of them will confidently answer “gold,” as prices recently eclipsed $1,600 per ounce. But of course this makes perfect sense, right? The Fed is printing money...
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Vol Drops, Heat Still Up 07-22-2011
Friday, July 22, 2011 - 2:05pm | 978Cusick's Corner Earnings and the debt talks remain in focus. CAT earnings failed to impress which is helping to dampen this market. It's hot in DC right now but tempers could get even hotter this weekend if there's no debt deal. Some traders may lack faith in any debt deals being made anytime...
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Can You Hear Me Now? Good
Friday, July 22, 2011 - 12:01pm | 829Verizon Communications Inc. (NYSE: VZ) shares are down around 3% as of the time of this writing, but the company is poised for continued strong growth in the years ahead, and may be worth a spot in your portfolio. The New York-based telecom company reported quarterly earnings of 57 cents per share...
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News Summary for July 22, 2011
Friday, July 22, 2011 - 6:50am | 612This is your Benzinga news summary and traders' outlook for Friday, July 22, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher following the approval of a deeper Greek rescue plan. The U.S. dollar...
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UPDATE: Verizon Wireless Names Lowell McAdam as CEO
Friday, July 22, 2011 - 6:21am | 64The Verizon Board of Directors has named Verizon President and COO Lowell C. McAdam as president and chief executive officer of Verizon Communications Inc. (NYSE: VZ), effective Aug. 1, completing the company's CEO succession process under way since 2010. Ivan G. Seidenberg will step down from the...