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Sprint To Launch 4-G Phone (S, CLWR)
Thursday, March 18, 2010 - 1:55pm | 160Sprint Nextel (NYSE: S) is planning to launch a state of the art telephone that will work on a faster wireless network. The phone has been named the Supersonic. The phone will be produced by HTC Corp. Sprint (S) is currently trying to retain its dwindling customer base. The telecom company has lost...
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China Has A Low Correlation?
Tuesday, March 16, 2010 - 8:14am | 640The crew at Bespoke Investment Group posted a chart noting the divergent paths taken by the S&P 500 and the Shanghai Composite. The extent of the divergence has ebbed and flowed before and YTD they seem to be moving in different directions. Last week I disclosed selling China Mobile (CHL)...
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Comcast Corporation (CMCSA) Maintains Buy Rating
Monday, March 15, 2010 - 11:25am | 181Wunderlich Securities has released an update on Comcast Corporation (NASDAQ: CMCSA). The company is subject to regulatory noise on mandated programming access, conditions on the NBC universal deal, and FCC broadband policy. The FCC will submit its plan to Congress for policy changes that recognize...
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Zacks Analyst Blog Highlights: Ford, General Electric, Siemens, China Mobile and Claymore China Small-Cap ETF
Saturday, March 13, 2010 - 4:37pm | 1471Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Ford (NYSE: F), General Electric (NYSE: GE), Siemens (NYSE:...
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Portfolio Tweak
Friday, March 12, 2010 - 9:05am | 606Earlier this week I made an across the board swap that is worth talking about. I sold China Mobile (CHL) and then replaced it with Partners Communication (PTNR). From the top down this does not change the exposure to equities or to the telecom sector but it does mostly eliminate China and increases...
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The Stocks that made Carlos Slim the Richest Man in the World
Thursday, March 11, 2010 - 1:14am | 394Now that Forbes has announced that Carlos Slim Helu has become the richest man in the world, investors are looking at the stocks that he owns and is connected with. Here are the primary companies that Slim is associated with. Approximately one half of the shares of Teléfonos de Mexico (TMX), which...
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New World's Richest Billionaire
Wednesday, March 10, 2010 - 11:40pm | 182It's not Bill Gates, founder of Microsoft (MSFT). It's not Warren Buffett, founder of Berkshire Hathaway (BRK-A) (BRK-B). It is Carlos Slim Helu, with a net worth of $53.5 billion according to Forbes. Slim has major holdings in various telecom companies, including America Movil (AMX), of which he...
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Barron’s: Sprint May Go Through Rough Weather In Coming Years
Wednesday, March 10, 2010 - 3:23pm | 328In a research report posted on the Barron’s website by Eric Savitz, Bernstein Research analyst Craig Moffett maintained his “underperform” rating on Sprint (NYSE: S) and reduced its target price to $2.50 from $3. According to Moffett, bullishness surrounding the company’s stock is dependent on the...
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Stock Market News for March 10, 2010 - Market News
Wednesday, March 10, 2010 - 10:23am | 453Stocks seesawed between gains and losses on the one-year anniversary of March 2009 lows, but managed to end the day slightly higher on strength in financial and telecommunication shares. Although March 2009 was exceptional when socks hit their nadir and there was panic all over, markets have since...
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Top 5 Small-Cap Stocks In The Technology Sector With The Highest Cash (CLWR, TSU, CIEN, SATS, SANM)
Wednesday, March 10, 2010 - 8:33am | 257Below are the top five small-cap stocks in the technology sector on the NYSE and the NASDAQ in terms of cash. Clearwire Corporation (NASDAQ: CLWR) had $3.81 billion in total cash in the most recent quarter. CLWR had total debt of $2.71 billion in the same period. Read more about this company here...
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Market Roundup (AAPL, CSCO, VZ, T, S, WRC, PVH, BCS)
Tuesday, March 9, 2010 - 3:11pm | 305In a behind-the-scenes look at efforts initiated by Apple (NASDAQ: AAPL) to block handset makers from infringing on its patents, Oppenheimer's Yair Reiner said that the company’s lawsuit against HTC is one of several warning shots that is meant for would-be iPhone killers. Cisco (NASDAQ: CSCO) has...
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Movers And Shakers For March 8, 2010
Monday, March 8, 2010 - 3:57pm | 197Shares of the following companies were making waves in the US stock market today: Cell Therapeutics Inc (NASDAQ: CTIC) shares were up 31.77% to $1.18 at 2:09 pm, after the company announced FDA clearance for a manufacturing facility for its experimental cancer drug. Helix Energy Solutions Group...
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Goldman Sachs (GS) VIP List of Top Hedge Fund Holdings
Friday, March 5, 2010 - 1:19pm | 1198Today is going to be Goldman Sachs (GS) day at FMMF - from their nearly perfect forecasting of monthly labor data (magically adjusting their figures 24 hours before it is released each month to "hit it on the nail"), to their new foray into buying warehouses so they can corner obtain more...
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Company News for March 5, 2010 - Corporate Summary
Friday, March 5, 2010 - 10:25am | 277• Marvell Tech (NASDAQ:MRVL) swung to a fourth quarter profit on strength in its new communication chips. Adjusted earnings jumped to 40 cents a share, up from last year's five cents, on revenues that rose 64% to $842.5 million. Results topped the firm's earlier forecast of 33-39 cent results on $...
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Leap (LEAP) Poised To Go Higher
Tuesday, March 2, 2010 - 2:59pm | 112Analysts at SunTrust Robinson Humphrey are bullish on the prospects of Leap Wireless International (NASDAQ: LEAP). The wireless communications carrier has seen a y-o-y revenue growth of 16%, which was $40 million below estimates. Subscriber growth was in line with forecasts and the churn rate is...