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Multiband Reports Q4 EPS of $0.92
Thursday, March 31, 2011 - 8:43am | 43Multiband Corporation, (NASDAQ: MBND) today announced financial results for the fourth quarter. Fourth quarter revenues were up 4% to $70.6 million compared to $68.0 million for the quarter ended December 31, 2009. EPS (Diluted) was $0.92 based upon 15.681 million shares outstanding.
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March Market Madness: Verizon Communications (VZ)
Thursday, March 31, 2011 - 7:15am | 287As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. Next up, Verizon Communications (VZ). Over the last few weeks we have started a discussion of some of the more important features of our “OneSheet” stock overviews. Now we are going to present the...
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J.P. Morgan Reduces AT&T Estimates
Thursday, March 31, 2011 - 7:08am | 92J.P. Morgan has published a report reducing first quarter estimates for AT&T (NASDAQ: T). According to J.P. Morgan, "We are reducing our 1Q11 EPS estimate to $0.57 from $0.59 previously due to higher than-expected integration costs related to acquired Alltel-related properties from Verizon....
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Could Google Buy Sprint? (GOOG, S)
Wednesday, March 30, 2011 - 3:52pm | 140According to this article from Deadzone, it could happen eventually. Google (NASDAQ: GOOG) announced it would be building a fiber-optic network in Kansas City with connection speeds around 1 Gps, which is 100 times faster than what most people use. Sprint's (NYSE: S) headquarters are in Overland...
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Red Flag – Copper Pulling Back 03-30-2011
Wednesday, March 30, 2011 - 2:27pm | 964Cusick's Corner The bulls are on the loose and I am not one to get in front of a raging bull. Big Money, those managers who washed their hands of this market 10 sessions ago are feeling enough remorse and are back in, more so than the typical window dressing that we typically we see at month's...
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What's Hot on TheStreet
Wednesday, March 30, 2011 - 1:47pm | 283Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet 7 Companies to Post Big Profit Gains With the U.S. economy growing for a sixth straight quarter, companies in shipping, railroads, trucking and package delivery are expected by analysts to post big earnings gains...
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Consider CenturyLink, Because the Broadband Era Has Just Begun
Wednesday, March 30, 2011 - 1:34pm | 145The shares of telecom/broadband play CenturyLink (NYSE: CTL), formerly known as CenturyTel, first discussed here on November 4, 2010 at a price of $43.05, retreated about 10% to $41.50 during the winter, but the pull-back looks like a healthy correction. Here's why: Look for CenturyLink's 2011...
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BT Group Acceleration of Pension Deficit Contribution for 2011 (BT)
Wednesday, March 30, 2011 - 12:48pm | 158BT Group (NYSE: BT) today announces that it has brought forward the payment of its next pension deficit contribution from the due date in December 2011 to March 2011, in agreement with the Trustee of the BT Pension Scheme. BT has taken the decision to accelerate the payment as it is economically...
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March Market Madness: AT&T (T)
Wednesday, March 30, 2011 - 8:55am | 267As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. . Next up, AT&T (T). Over the last few weeks we have started a discussion of some of the more important features of our “OneSheet” stock overviews. Now we are going to present the next...
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Qwest to Provide Advanced Data Services to the Department of Defense; Contract Valued at More Than $100M
Wednesday, March 30, 2011 - 8:08am | 39The Defense Information Systems Agency/Defense Information Technology Contracting Organization (DISA/DITCO) has awarded Qwest Communications (NYSE: Q) a multi-year task order for advanced data services valued at more than $100 million.
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AT&T CEO Says Deal With T-Mobile Will Likely Lead To Job Cuts (T)
Wednesday, March 30, 2011 - 8:06am | 30AT&T's (NYSE: T) CEO says that job cuts in the T-Mobile/AT&T merger would be a traditional course of practice.
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Mad Money Lightning Round: Cramer Likes GM, Waste Management (GM, WM, GGP, FRT, CNP, S, T, PEG)
Tuesday, March 29, 2011 - 11:56pm | 236On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he believes in General Motors (NYSE: GM). This stock is a long-term play and there is value there." He believes that Waste Management (NYSE: WM) is a “fabulous stock. They give you a great return and I like it." For General...
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Market Shakes Off Disappointing Data 03-29-2011
Tuesday, March 29, 2011 - 6:11pm | 823Cusick's Corner While the data early in the session was disappointing, the market has shaken it off and the buyers did jump in on the pullback. Financials, XLF, are still mired in the red but Small Caps have taken off with Telecom and Tech. If we see that Financials do garner some momentum, the...
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N.Y. AG Looking Into AT&T, T-Mobile Deal (T, VZ, S, CLWR)
Tuesday, March 29, 2011 - 1:44pm | 183The Wall Street Journal is reporting that New York Attorney General Eric Schneiderman is going to conduct a "thorough review" of the AT&T (NYSE: T) merger with T-Mobile, and how it would impact competition of wireless in the state. "Cell phones are no longer a luxury for a few among us, but a...
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New York Attorney General To Review AT&T's Takeover Of T-Mobile (T)
Tuesday, March 29, 2011 - 12:49pm | 44The New York Attorney General said he is reviewing AT&T's (NYSE: T) $39 billion bid to buy Deutsche Telekom's T-Mobile because of potential anti-competitive impact. AT&T is trading $0.40 which is +1.3% higher than the previous close.