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HickoryTech Reports Fourth Quarter and Full-Year 2010 Results
Monday, February 28, 2011 - 4:05pm | 122HickoryTech Corporation (Nasdaq: HTCO) today reported fourth quarter fiscal 2010 operating revenue of $41.8 million, an increase of 9 percent from the $38.3 million reported one year ago. Fourth quarter net income totaled $2.1 million, or 16 cents per diluted share, a 48 percent increase from the $...
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Cramer: You Can't Own Netflix or Amazon.com Now (NFLX, AMZN)
Monday, February 28, 2011 - 2:44pm | 104This afternoon on CNBC, Cramer said that you can't own Netflix (NASDAQ: NFLX) or Amazon.com (NASDAQ: AMZN) now. Everyone “wants to write a negative article about Netflix or Amazon,” he said. “Don't stand in front of the freight train hitting high-multiple stocks.” When asked if the Kindle (which is...
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Amazon Kindle 3G Coming to AT&T Stores
Monday, February 28, 2011 - 9:35am | 92AT&T (NYSE: T) today announced it will begin selling Amazon's (NASDAQ: AMZN) bestselling Kindle 3G in AT&T company-owned retail stores nationwide beginning March 6. Amazon's Kindle 3G continues to be powered by AT&T. AT&T will include Kindle 3G in its connected devices displays...
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J.P. Morgan Neutral On NTELOS (NTLS)
Monday, February 28, 2011 - 7:37am | 157J.P. Morgan Chase & Co. has a Neutral rating and a $22 price target on shares of NTELOS (NASDAQ: NTLS) after it reported earnings. In a note to clients, J.P. Morgan writes, "NTELOS reported mixed 4Q10 results. Revenue and EBITDA were generally positive, though subscriber results were...
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Verizon CEO Says Company Interested in Working with Microsoft and Nokia
Friday, February 25, 2011 - 2:40pm | 43Verizon (NYSE: VZ) CEO says the company is interested in working with Microsoft (NASDAQ: MSFT) and Nokia (NYSE: NOK).
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Verizon Says iPhone Sales Exceed Sales of Other Key Product Launches
Friday, February 25, 2011 - 2:39pm | 34Verizon Wireless (NYSE: VZ) says Apple (NASDAQ: AAPL) iPhone 4 sales exceed the sales of past key product launches.
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Alaska Communications Systems Reports Q4 EPS of $0.04 vs. $0.03
Thursday, February 24, 2011 - 4:37pm | 95Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) today reported financial results for its fourth quarter ended December 31, 2010. Revenues of $84.8 million increased by $1.8 million, or 2.2 percent, from $83.0 million in the prior year Net loss before extraordinary item of $1.3 million, or...
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Can Cell Phones Really Alter The Way You Think? (T, VZ, S)
Thursday, February 24, 2011 - 12:50pm | 515According to a study from the National Institutes of Health, cell phones may alter your brain activity, and it could be potentially damaging in the long term. Researchers have found that less than an hour of cellphone use can cause brain activity to speed up in the area that is closest to the...
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Further Update On What Happens If Steve Jobs Leaves? (AAPL)
Thursday, February 24, 2011 - 12:24pm | 745This is to provide clarity to what happened yesterday at Apple's shareholder event, and how it relates to the article that we've previously written regarding Steve Jobs and the possibility of another CEO at Apple. Update #2: Yesterday, it was announced that Apple does indeed have a succession plan...
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CenturyLink Lowering Estimates
Wednesday, February 23, 2011 - 7:39am | 113According to Oppenheimer, CenturyLink is lowering the company's pro-forma CTL-Q and legacy CTL estimates (NYSE: CTL). Oppenheimer reported that CenturyLink have reduced their synergy estimates for 2011. “In our view, management has assumed a traditionally conservative stance in providing initial...
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Frontier Communications Reports Q4 EPS of $0.05
Wednesday, February 23, 2011 - 7:10am | 55Frontier Communications (NYSE: FTR) reports its Q4 EPS at $0.05, versus the consensus of $0.10. FTR reports its Q4 revenue at $1.36 billion, versus the consensus of $1.39 billion. FTR shares gained 1.63% to $9.35 in after-hours trading. Read more from Benzinga's Company news.
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Options Brief: Windstream Corporation (WIN)
Tuesday, February 22, 2011 - 1:33pm | 96Shares of Windstream Corporation (NYSE: WIN) are lower on the session by 2.64%, trading at $12.24. Overall call volume is now running at 3.12x the daily average, with 65% of all calls traded being purchases on the offer. 2,325 contracts have traded on the session so far. Windstream Corporation is...
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U.S. Steel (NYSE:X) Trading Strategies for Bulls and Bears
Friday, February 18, 2011 - 9:04am | 1866Investors may have a renewed interest in U.S. Steel (NYSE:X) Corp. this week after a Goldman Sachs analyst upgraded the stock. The covering analyst booted his overall rating to “buy” from “neutral,” lifted his earnings forecasts through 2013, and raised his 12-month price target by 23% to $75. In...
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Windstream Reports Q4 EPS of $0.15 vs. $0.20
Friday, February 18, 2011 - 7:48am | 44Windstream Corp. (Nasdaq: WIN) today reported fourth-quarter results. Revenues were $981 million, a 30 percent increase from a year ago. Net income was $72 million, a 4 percent decrease from a year ago, or 15 cents of diluted earnings per share.
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Will Climate Change Cost Pensions Trillions?
Wednesday, February 16, 2011 - 9:48pm | 1108Michael Bow of Professional Pensions reports, Ignoring climate change risk will cost schemes trillons: Schemes must factor in climate change risk to their asset allocation strategies over the next two decades or face losing trillions of pounds, Mercer warns. Research from the consultant -...