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Verizon Reports In-Line 4Q Results, Citi Remains A Buyer
Tuesday, January 25, 2011 - 8:44am | 213Citigroup has published a research report on Verizon Communications (NYSE: VZ) after the company reported solid 4Q results that were within the norms of expectations by analysts. In the report, Citigroup writes "Verizon reported solid 4Q/10 results with norm. EPS of $0.54 (ex a +$0.44 benefit from...
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A Peek Into The Market Before The Trading Starts
Tuesday, January 25, 2011 - 7:52am | 515Pre-open movers US stock futures are lower this morning, as investors are awaiting earnings reports from several major companies and data on consumer confidence and housing prices. Futures on the Dow Jones Industrial Average fell 12 points to 11,918 and S&P 500 futures dropped 4.30 points to 1,...
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Verizon Communications Reports $2.64 Billion Profit (VZ)
Tuesday, January 25, 2011 - 7:16am | 144Verizon Communications Inc. (NYSE: VZ) released financial results on Tuesday morning. Verizon Communications Inc reported that its 4th quarter net income attributable to Verizon rose to $2.64 billion, or 93 cents a share, up from $617 million, or 22 cents a share, a year earlier. Excluding special...
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Earnings Scheduled For January 25 (MMM, YHOO, VZ, JNJ, KMB, JNPR, GILD, DD, NSC, COH, AKS, BLK, TRV, ALTR, DV)
Tuesday, January 25, 2011 - 2:51am | 3873M Co (NYSE: MMM) is expected to report its Q4 earnings at $1.27 per share on revenue of $6.62 billion. Yahoo Inc (NASDAQ: YHOO) is projected to report its Q4 EPS at $0.22 on revenue of $1.19 billion. Verizon (NYSE: VZ) is forecast to post its Q4 earnings at $0.55 per share on revenue of $26.47...
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Benzinga's Top Performing Industries, January 24th (NVDA, SOLF, FSLR, CX, TXI, AAPL, DELL, TMRK, FTE, CAB)
Monday, January 24, 2011 - 6:10pm | 219The semiconductor - specialized industry was the top performing industry on Monday. This sector gained 4.25%, and NVIDIA Corporation (NASDAQ: NVDA) led the gainers in the space with a 11.30% increase in price. Solarfun Power Holdings Co., Ltd. (ADR) (NASDAQ: SOLF) added 7.33%, and First Solar, Inc...
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Texas Instruments Reports $0.78 Incl. Benefit Vs. $0.63 EPS Estimates; Reports $3.53B Vs. $3.50B Estimates (TXN)
Monday, January 24, 2011 - 4:34pm | 320Texas Instruments (NYSE: TXN) Reports $0.78 Incl. Benefit Vs. $0.63 EPS Estimates; Reports $3.53B Vs. $3.50B Estimates. Texas Instruments Incorporated (TI) (NYSE:TXN - News) today announced fourth-quarter revenue of $3.53 billion, net income of $942 million and earnings per share of 78 cents....
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Earnings Preview: Verizon - Analyst Blog
Monday, January 24, 2011 - 2:01pm | 1288Verizon Communications (VZ), the second largest U.S. phone company, is slated to release its fourth quarter and fiscal 21010 earnings results on January 25, 2011, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is 55 cents, representing a 1.58% annualized...
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Earnings Preview: Verizon - Analyst Blog
Monday, January 24, 2011 - 1:23pm | 1288Verizon Communications (VZ), the second largest U.S. phone company, is slated to release its fourth quarter and fiscal 21010 earnings results on January 25, 2011, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is 55 cents, representing a 1.58% annualized...
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Oppenheimer Sees Verizon's Q4 In-Line to Weak (VZ)
Monday, January 24, 2011 - 9:39am | 144Oppenheimer is out with a research report this morning, where previews Verizon's (NYSE: VZ) fiscal Q4 earnings report. The analysts expect an in-line quarter with weakish trends, estimating that VZ will report EPS of $0.55 (matching consensus, slightly down from $0.56 in 3Q10). On the wireless...
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Deutsche Bank Anticipates VZ 4Q To Be In-Line Adjusted EPS Of $0.55
Monday, January 24, 2011 - 9:24am | 113Deutsche Bank is anticipating Verizon Communications' (NYSE: VZ) 4Q results, which are due Tuesday, January 25. “We anticipate in-line adjusted EPS of $0.55,” Deutsche Bank writes. “Our est adjusts for the change in pension accounting, but excludes the 1x non-cash charge of $600M. In wireless, we...
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Mad Money Lightning Round: Cramer Likes Accuride (FTR, TSO, HOTT, PVH, VFC, ACW, CY, SWKS, AMSC, AB, Q)
Monday, January 24, 2011 - 1:29am | 339On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Frontier Communications (NYSE: FTR) is “terrific. It's doing great and has an 8% yield. I want to pull the trigger on Frontier." For Tesoro (NYSE: TSO), he said, "If you have to own a refiner then Tesoro is the one to own, but I'...
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Puts Purchased on VimpelCom (VIP)
Friday, January 21, 2011 - 1:59pm | 151Shares of VimpelCom (NYSE: VIP) are lower on the session by 3.10%, currently trading at $13.74. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while...
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Will Davin Einhorn's Position In Sprint Pan Out? (S, VZ, T)
Friday, January 21, 2011 - 12:39pm | 419David Einhorn of Greenlight Capital has a large stake in Sprint Nextel Corporation (NYSE: S), but with Verizon (NYSE: VZ) getting the iPhone, and AT&T (NYSE: T) still having the iPhone, will we be able to hear Einhorn now? Sprint is generally seen as the third major cell phone carrier between...
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J.P. Morgan Previews Verizon 4Q10 Earnings (VZ)
Friday, January 21, 2011 - 9:21am | 121J.P. Morgan is out with its preview of Verizon's (NYSE: VZ) 4Q10 earnings, as Verizon will report earning Jan. 25. In a note to clients, J.P. Morgan writes, "We expect Verizon to deliver strong 4Q wireless net adds of 1.42m (700k postpaid, 800k wholesale adds, -80k prepaid losses), US$50.39 ARPU, 1...
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Jefferies Gives Weekly Tech Update (RIMM, AAPL)
Friday, January 21, 2011 - 8:59am | 248Jefferies expects AT&T (NYSE: T) and Best Buy (NYSE: BBY) to offer RIMM's (NASDAQ: RIMM) wifi-only Playbook in March. It believes additional distribution channels and SKUs will be added over time. A RIM-commissioned analysis showed that its data compression and NOC infrastructure leads to it...