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A Peek Into The Market Before The Trading Starts
Monday, March 21, 2011 - 6:36am | 420Pre-open movers US stock futures are higher this morning, after AT&T (NYSE: T) announced its plans to buy T-Mobile USA for around $39 billion. Futures for the Dow Jones Industrial Average surged 105 points to 11,904.00, while those for the S&P 500 stock index climbed 13.60 points to 1,287....
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Oppenheimer Says AT&T Merger Positive For Apple (T, AAPL)
Monday, March 21, 2011 - 6:36am | 127Oppenheimer & Co. says that the AT&T (NYSE: T) T-Mobile merger is a positive for Apple (NASDAQ: AAPL). In a note to investors, Oppenheimer writes, "Incrementally positive for Apple and MMI. Despite some lost pricing power, we view the possible consolidation as a slight positive for Apple...
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Citi Upgrades AT&T To Buy (T)
Monday, March 21, 2011 - 6:24am | 38Citi upgrades AT&T (NYSE: T) to a Buy rating today following the announcement about a possible merger with T-Mobile. AT&T is trading over 1% higher today versus Friday's close.
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Citi Upgrades AT&T To Buy (T)
Monday, March 21, 2011 - 6:24am | 38Citi upgrades AT&T (NYSE: T) to a Buy rating today following the announcement about a possible merger with T-Mobile. AT&T is trading over 1% higher today versus Friday's close.
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US Stock Futures Signal Higher Start On Wall Street, AT&T To Buy T-Mobile USA For $39 billion
Monday, March 21, 2011 - 5:30am | 315US stock futures are higher this morning, after AT&T (NYSE: T) announced its plans to buy T-Mobile USA for around $39 billion. Futures for the Dow Jones Industrial Average surged 115 points to 11,914.00, while those for the S&P 500 stock index climbed 15.60 points to 1,289.80. Futures for...
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HSBC Upgrades AT&T To Overweight
Monday, March 21, 2011 - 4:56am | 41Analysts at HSBC upgrade AT&T Inc (NYSE: T) from “neutral” to “overweight.” T shares gained 0.72% to close at $27.94 on Friday. More Analyst Ratings here
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AT&T Buys T-Mobile (T, VZ)
Sunday, March 20, 2011 - 2:02pm | 198At&t (NYSE: T) has entered an agreement to purchase T-Mobile from Deutsche Telekom for approximately $39 billion. In this agreement, Deutsche Telekom will place an executive on AT&T's board and also gain 8% ownership stake in AT&T. AT&T has been under fire to match Verizon Wireless...
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AT&T to acquire T-Mobile USA for $39 billion
Sunday, March 20, 2011 - 2:01pm | 2335We all knew it was coming – AT&T announced just a few minutes ago that they have purchased T-Mobile USA from Deutsche Telekom. Now, there are only three major carriers available in the U.S. – AT&T, Verizon Wireless, and Sprint. The deal is valued at $39 billion in terms of cash and stock...
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Benzinga's Top ETF Decliners, March 18th (TVIX, EWV, ZSL, DPK)
Friday, March 18, 2011 - 9:05pm | 190VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded lower for the second trading session in a row. TVIX fell 6.36%, and closed at $52.99. ProShares UltraShort MSCI Japan (ETF) (NYSE: EWV) fell 5.50% as Mizuho Financial Group, Inc. (ADR) (NYSE: MFG) gained 2.88%, and Canon Inc. (ADR) (...
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Calls Purchased on Alaska Communications Systems Group (ALSK)
Friday, March 18, 2011 - 2:17pm | 141Shares of Alaska Communications Systems Group (NASDAQ: ALSK) are higher on the session by 3.73%, currently trading at $10.15. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls...
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Friday's Put/Call Ratio Leaders (VIP, MLNX, ETR, RDN, WM)
Friday, March 18, 2011 - 1:39pm | 101Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Vimpel Communications (NYSE: VIP) 5,000 puts, 5 calls2. Mellanox Technologies Ltd (NASDAQ: MLNX) 3,777 puts, 23 calls3. Entergy Corp. (NYSE: ETR) 4,693 puts, 57 calls4. Radian Group...
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Atlantic Tele-Network Board Declares Quarterly Dividend
Friday, March 18, 2011 - 11:55am | 44Atlantic Tele-Network (NASDAQ: ATNI) announced that its Board of Directors has declared a quarterly dividend of $0.22 per share, payable on April 11, 2011 on all common shares outstanding to stockholders of record as of March 31, 2011.
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Piper Jaffray Remains Neutral On Verizon, $36 PT (VZ)
Friday, March 18, 2011 - 6:58am | 86Piper Jaffray left its Verizon (NYSE: VZ) Neutral rating and $36 price target unchanged in a research note published today. In the report, Piper Jaffray states, "We recently concluded our quarterly wireless retail surveys. Based on these checks, we believe net customer growth was lighter than we...
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Piper Jaffray Leaves AT&T Overweight, $34 PT Unchanged (T)
Friday, March 18, 2011 - 6:55am | 112Piper Jaffray left its AT&T (NYSE: T) Overweight rating and $34 price target unchanged in a research note published today. In the report, Piper Jaffray states, "After recently completing our quarterly wireless surveys, we are reducing our 1Q postpaid net add estimate and our EPS estimate for...
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Macquarie Upgrades FTR To Neutral
Friday, March 18, 2011 - 5:59am | 54Analysts at Macquarie upgrade Frontier Communications Corp (NYSE: FTR) from “underperform” to “neutral.” The target price for FTR is set to $8.10 FTR shares gained 1.13% to close at $8.04 yesterday. More Analyst Ratings here