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Deutsche Bank Comments On Cbeyond, Inc. 4Q Results, Lowers PT (CBEY)
Friday, March 4, 2011 - 8:41am | 101Deutsche Banks released a research report this morning commenting on the 4Q results for Cbeyond, Inc. (NASDAQ: CBEY) and lower its price target from $14.00 to $13.00. In the report, Deutsche Bank writes "We expect 2011 to be a year of transition as CBEY faces (1) ARPU pressure from customers...
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Frontier Invests $14 Million to Increase Broadband Availability and Enhance Internet Speeds in Wisconsin (FTR)
Thursday, March 3, 2011 - 11:57am | 103Frontier Communications (NYSE: FTR) announced today that it invested more than $14 million in 2010 to increase broadband availability and enhance network performance in Wisconsin. The investments have resulted in an additional 15,000 Wisconsin households and businesses having broadband availability...
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City Comments On Cbeyond's Weakening Core Business Returns
Thursday, March 3, 2011 - 9:49am | 118In a report published by Citi, Cbeyond's (NASDAQ: CBEY) core business is still weakening ahead of E.O.C. migration. Citi said that CBEY reported mixed 4Q results that displayed weakening core fundamentals, relating to an erosion in ARPU and continued elevation in estimated subscriber acquisition...
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CNSL Reports Upbeat Q4 Earnings
Thursday, March 3, 2011 - 7:12am | 77Consolidated Communications Holdings Inc (NASDAQ: CNSL) reported its Q4 adjusted EPS at $0.28, beating the consensus of $0.23. CNSL reported its Q4 revenue at $93.8 million, versus the consensus of $95 million. CNSL shares dropped 0.99% to close at $17.93 yesterday. Read...
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Fast Money Picks For March 3rd (VZ, TLT, TGT, C, TOT)
Wednesday, March 2, 2011 - 6:44pm | 262Stephen Weiss said on CNBC's Fast Money that he is a buyer of Verizon Communications Inc. (NYSE: VZ). He likes its big yield, and he thinks that Verizon Communications Inc. (VZ) is a defensive stock that will benefit from the new iPad 2 and new iPhone. Verizon Communications Inc. (VZ) gained 0.89%...
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Cbeyond Reports Q4 EPS of $0.03 vs. $(0.02)
Wednesday, March 2, 2011 - 4:05pm | 54Cbeyond, Inc. (NASDAQ: CBEY) today announced its results for the fourth quarter ended December 31, 2010. Fourth quarter 2010 revenue of $116.2 million, up 7.9% over the fourth quarter of 2009; Net loss of $2.0 million in the fourth quarter of 2010 compared with net income of $0.9 million in the...
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Netflix ComingTo Nintendo 3DS (NFLX)
Wednesday, March 2, 2011 - 3:25pm | 142IGN is reporting that Netflix (NASDAQ: NFLX) will be coming to the Nintendo 3DS this summer. The service will allow users to watch movies and TV shows on the go by using the system's built-in Wi-Fi connection. Users will also have the option to pause their videos and continue watching them through...
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Options Brief: VimpelCom Ltd. (VIP)
Wednesday, March 2, 2011 - 11:52am | 76Shares of VimpelCom Ltd. (NYSE: VIP) are lower on the session by 0.78%, trading at $13.98. Overall put volume is now running at 11.09x the daily average, with 0% of all puts traded being purchases on the offer. 3,804 contracts have traded on the session so far. VimpelCom Ltd., formerly New Spring...
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Deutsche Bank Comments On CBeyond Ahead Of Earnings Release
Wednesday, March 2, 2011 - 8:54am | 192Deutsche Bank reiterates its HOLD rating for CBeyond (NASDAQ: CBEY) heading into 4Q results due to continued concerns on ARPU pressure. While 4Q results and the initial 2011 outlook will likely benefit from the contributions of CBEY's recent acquisitions, Deutsche Bank expects continued economic...
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Verizon CFO Says 60% of iPhone Sales Have Been Online
Tuesday, March 1, 2011 - 12:19pm | 20Verizon Wireless (NYSE: VZ) CFO says 60% of iPhone sales have been online
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Calls Purchased on CenturyLink, Inc. (CTL)
Tuesday, March 1, 2011 - 11:41am | 136Shares of CenturyLink, Inc. (NYSE: CTL) are lower on the session by 1.01%, currently trading at $40.76. The stock has been moving largely lower over the past three months and is currently trading between the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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Top Narrow Based Indexes For March 1 (NGLPF, ANV, TCL)
Tuesday, March 1, 2011 - 11:02am | 186By 11:00 am, the Dow Jones Industrial Average was down 17.37 points, or 0.14%, to 12,208.97, while the broader Standard & Poor's 500 index had dropped 3.27 points, or 0.25%. The NASDAQ composite index fell 7.05 points, or 0.25%. Some of the narrow based indexes that are still afloat in the...
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Alaska Communications Systems Announces CFO Transition Plan
Tuesday, March 1, 2011 - 8:55am | 90Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today announced its CFO transition plan. David Wilson, currently executive vice president and chief financial officer will transition his role as CFO to Wayne Graham, one of ACS' original founding members and previous ACS CFO, effective April...
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Dr Faessel 3-1-2011
Tuesday, March 1, 2011 - 8:47am | 1307A NEW CHINESE “TOP PICK” China Telecom Selects NIVS Mobile Phone NIVS IntelliMedia Technology Group, Inc. (NYSE: NIV) AMEX $2.67 Market-cap $130 million Mighty China Telecom (CHA) NYSE has selected the NIVS IntelliMedia (NIV) "E3" model mobile...
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Verizon Online iPhone Sales Outpacing Retail (VZ, AAPL)
Monday, February 28, 2011 - 5:02pm | 164According to Verizon Wireless executives, the company is selling more Apple (NASDAQ: AAPL) iPhones online than in retail stores. The comments came in response to concerns that the light crowds which coincided with the store launch of the much awaited device signaled low initial sales. CEO Daniel...