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Calls Purchased on CenturyLink, Inc.
Tuesday, June 28, 2011 - 10:58am | 130Shares of CenturyLink, Inc. (NYSE: CTL) are higher on the session by 0.30%, currently trading at $39.75. The stock has been moving largely lower over the past five months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while...
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Options Brief: Frontier Communications Corporation
Tuesday, June 28, 2011 - 10:17am | 72Shares of Frontier Communications Corporation (NYSE: FTR) are lower on the session by 1.14%, trading at $7.96. Overall put volume is now running at 2.77x the daily average, with 0% of all puts traded being purchases on the offer. 2,208 contracts have traded on the session so far. Frontier...
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Mad Money Lightning Round: Cramer Likes Schlumberger, Oracle
Tuesday, June 28, 2011 - 12:02am | 242On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he “wants to own Schlumberger (NYSE: SLB) right here.” He added, “I never get this stock at a discount." Cramer said that he has been “negative on Geron (NASDAQ: GERN) for awhile. It's not worth selling down here but it's not...
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Top Yielding Brazil Telecom Stocks
Sunday, June 26, 2011 - 9:51pm | 1047Are Brazilian stocks worth calling on? The growth in the number of cellular phones has increased by more than 17% in the last year, according to Teleco. Brazil has several telecom companies which are publicly traded, most of which trade on the New York Stock Exchange. According to the free list of...
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AT&T Declares Quarterly Dividend
Friday, June 24, 2011 - 12:00pm | 48The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of $0.43 a share on the company's common shares. The dividend is payable on August 1, 2011, to stockholders of record at the close of business on July 8, 2011.
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Stocks to Watch for 6/24/11: Fresh 52 Week Highs and Lows
Friday, June 24, 2011 - 3:30am | 2005Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...
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Fast Money Picks For June 24th (VIP, DIS, UNP)
Thursday, June 23, 2011 - 6:09pm | 157On CNBC's Fast Money, Tim Seymour said that he wants to buy VimpelCom Ltd (ADR) (NYSE: VIP) tomorrow. VimpelCom Ltd (ADR) (VIP) fell 0.92% today, and it closed at $12.88. Joe Terranova thinks that The Walt Disney Company (NYSE: DIS) is a buy. The Walt Disney Company (DIS) lost 1.28% today, and...
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Mad Money Lightning Round: Cramer Likes Verizon
Wednesday, June 22, 2011 - 11:17pm | 223On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Verizon (NYSE: VZ) “should be a core position in your portfolio. They have growth and yield." Cramer advises investors to sell Youku.com (NYSE: YOKU). He added, “This decline is not a buying opportunity. Baidu.com (NASDAQ: BIDU)...
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Wednesday's S&P Sector Recap 6/22/11
Wednesday, June 22, 2011 - 4:44pm | 1502The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...
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Gabelli Reiterates Buy on Cincinnati Bell
Tuesday, June 21, 2011 - 8:37am | 99Gabelli is out with its report today on Cincinnati Bell (NYSE: CBB), reiterating Buy. In a note to clients, Gabelli writes, "We reiterate our BUY recommendation due to attractive valuation and solid growth prospects in the data center colocation business. CBB is trading at 5.7x 2012P EBITDA. Our...
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Options Brief: Windstream Corporation
Monday, June 20, 2011 - 9:06am | 76Shares of Windstream Corporation (NYSE: WIN) are higher on the session by 0.54%, trading at $13.15. Overall call volume is now running at 2.40x the daily average, with 3% of all calls traded being purchases on the offer. 1,239 contracts have traded on the session so far. Windstream Corporation...
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BCE Announces $300 Million Offering of Cumulative Redeemable First Preferred Shares, Series AK
Monday, June 20, 2011 - 7:48am | 71BCE (NYSE: BCE) announced today that it has entered into an agreement to issue and sell 12,000,000 Cumulative Redeemable First Preferred Shares, Series AK (series AK preferred shares), at a price of $25.00 per share, for aggregate gross proceeds of $300 million on a bought deal basis to a syndicate...
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Bank of America Merrill Lynch Maintains Buy on CenturyLink
Monday, June 20, 2011 - 6:24am | 155Bank of America Merrill Lynch is out with its report today on CenturyLink (NYSE: CTL), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "Among yield-centric stories in the sector, CTL trades as the cheapest on EV/EBITDA multiple vs. a sector average of 6.1x. Despite...
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Credit Suisse Updates 6/20
Monday, June 20, 2011 - 5:25am | 244Credit Suisse made a number of updates in a research report published today. Credit Suisse initiated coverage on Kosmos Energy (NYSE: KOS) with an Outperform rating and a price target of $25. In the report, Credit Suisse states, "Our favorable view of KOS centers around (1) the value creation...
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Facebook Leads Nonfriend Field As We Rank Tech's Testiest Titans
Friday, June 17, 2011 - 5:46pm | 78Ali vs. Frazier. Yankees vs. Red Sox. Bird vs. Magic. Sports are full of great rivalries. So is the fast-paced, ultracompetitive tech industry. Some rivalries get nasty, with executives bad-mouthing opponents, running attack ads and filing lawsuits. Some rivalries cool over time, while others go on...