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Telefonica Reports Weaker-Than-Expected Q1 Profit
Friday, May 13, 2011 - 5:46am | 93Telefonica SA (NYSE: TEF) reported a 1.9% decline in its first-quarter net profit on Friday. The company's net profit dropped to EUR1.62 billion, from EUR1.66 billion, in the year-ago period. However, analysts were expecting a profit of EUR1.72 billion. Its operating expenses increased 13% to...
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Breakup Fee in AT&T, T-Mobile Deal Is Whopping $6 Billion (T)
Thursday, May 12, 2011 - 2:06pm | 156A Reuters report shows that that breakup fee in the AT&T (NYSE: T) deal to buy T-Mobile USA for $39 billion is a whopping $6 billion in cash, services and assets, should the deal not go through. According to sources close to the deal, the breakup fee is comprised of $3 billion in cash, as well...
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Benzinga's Political Roundup (AMD, AIG, T)
Thursday, May 12, 2011 - 11:05am | 232Raj Rajaratnam was found guilty yesterday of insider trading on companies like AMD (NYSE: AMD). Rajaratnam was convicted on all 14 counts of securities fraud and conspiracy against him. According to sources close to the situation, the $9 billion American International Group (NYSE: AIG) stock sale...
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Earnings Roundup For May 12 (KSS, NTXFY, AEG, PBH, GRS, THI, BT, NSANY, ORBK, IAG, RWEOY, SINA, ALIZF, REPYY, ACAT, PSSI, BCE)
Thursday, May 12, 2011 - 8:51am | 928Kohl's Corp (NYSE: KSS) reported its Q1 earnings at $211 million, or $0.73 per share, versus $199 million, or $0.64 per share, in the year-earlier period. Its sales surged to $4.16 billion from $4.04 billion. However, analysts were expecting earnings of $0.73 per share on sales of $4.16 billion....
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BT Group Reports Strong Rise In FQ4 Net Profit
Thursday, May 12, 2011 - 4:16am | 100BT Group PLC (NYSE: BT) released its results for the fiscal fourth quarter on Thursday. The group's net profit surged to 472 million pounds ($771 million), from 208 million pounds, in the year-earlier period. The company's total revenue fell 5.6% to 5.06 billion pounds. The group's EBITDA...
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Five Value ETFs To Consider
Wednesday, May 11, 2011 - 1:00pm | 538This volatile market is certainly enough to try the patience of conservative investors, but a big broader market decline like the one we're seeing today opens some doors for bargain hunting, particularly in the value ETF universe. The typical value ETF is going to be chock full of widely held,...
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Windstream Corporation is Sued by Klausner Technologies for Visual Voicemail Patent Infringement
Tuesday, May 10, 2011 - 10:18am | 33Klausner Technologies, Inc. announced today that it has filed suit against Windstream Corporation (NASDAQ: WIN) for patent infringement under its U.S. Visual Voicemail patents.
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On This Day – 5 Stocks For Elizabeth (RHT, FTE, RDS, HW, CHOP)
Tuesday, May 10, 2011 - 10:13am | 329On May 10, 1794, French Princess Elizabeth, the sister of King Louis XVI, was beheaded. It wasn't, it's probably fair to say, the best day she ever had. A royalist (her being a Princess and all), she viewed the French revolution as the incarnation of evil on Earth and, after bringing in foreign...
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Mackie Research Capital Comments on BCE (BCE)
Tuesday, May 10, 2011 - 8:52am | 104Mackie Research Capital provided color on BCE (NYSE: BCE) in a research report published today. BCE is expected to announce its Q1 results on Thursday, May 12. In the report, Mackie states "We are forecasting consolidated revenue to decline 0.7% Y/Y to $4.4 billion; however, we expect EBITDA to...
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Top 4 Large-Cap Stocks In The Telecom Services-Domestic Industry With The Highest Cash (VZ, CHT, T, BCE)
Tuesday, May 10, 2011 - 12:56am | 136Below are the top large-cap telecom services-domestic stocks on the NYSE and the NASDAQ in terms of cash. Verizon Communications Inc (NYSE: VZ) had $14.73 billion in total cash and $61.20 billion in total debt for the latest quarter. Chunghwa Telecom Co Ltd (NYSE: CHT) had $3.32 billion in total...
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Dividends, Emerging Markets...Oh My.
Monday, May 9, 2011 - 2:19pm | 520It's no secret that strong dividends and juicy yields can be found in any number of global markets and often times, the international dividend stock is superior to the comparable U.S. firm in terms of payout in dollar terms, but investors might do well to go beyond developed markets in the search...
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General Communication Announces Its Wholly Owned Subsidiary, GCI,Commencing Tender Offer and Consent Solicitation (GNCMA)
Monday, May 9, 2011 - 6:33am | 183General Communication, Inc. (Nasdaq: GNCMA) announced today that its wholly owned subsidiary, GCI, Inc., is commencing a cash tender offer and consent solicitation (the "Offer") for any and all of its $320,000,000 outstanding principal amount of 7.25 percent Senior Notes due 2014, CUSIP Number...
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Warwick Valley Telephone Company Announces CFO Resignation
Friday, May 6, 2011 - 2:30pm | 52Warwick Valley Telephone Company (NASDAQ: WWVY) has announced the resignation of Ken Volz from his position as Executive Vice President, Chief Financial Officer and Treasurer due to personal reasons. Ralph Martucci, currently the Company's Director - Finance has been selected as Mr. Volz's...
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Comscore Reports March 2011 U.S. Mobile Subscriber Market Share (SCOR, GOOG, MSI, RIMM, AAPL, VZ)
Friday, May 6, 2011 - 1:01pm | 193ComScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry during the three month average period ending March 2011. The study surveyed more than 30,000 U.S. mobile subscribers...
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comScore Reports March U.S. Mobile Subscriber Market Share
Friday, May 6, 2011 - 12:33pm | 310comScore, Inc. (NASDAQ: SCOR) today released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry during the three month average period ending March 2011. The study surveyed more than 30,000 U.S. mobile subscribers and found Samsung to be the top handset...