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Leap Wireless International, Inc. (LEAP) Maintains A Hold Rating
Friday, February 26, 2010 - 7:07pm | 76Soleil Securities has released an update on Leap Wireless International, Inc. (NASDAQ: LEAP). The company reported fourth-quarter results in-line with expectations. Soleil believes that the company can benefit from industry consolidation; however, it expects pricing competition to increase...
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Company News for February 26, 2010 - Corporate Summary
Friday, February 26, 2010 - 10:27am | 196• AIG (NYSE:AIG) posted an $8.9 billion loss and said it could knock on the US government’s door to help meet its obligations • CKE Restaurants (NYSE:CKR) will be purchased by Thomas H Lee Partners for $928 million, or $11.05 per share • Interpublic Group (NYSE:IPG) reported inline sales and...
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AMT Beats Q4, To Acquire Essar Telecom Infrastructure
Thursday, February 25, 2010 - 1:53pm | 132Analyst Ilya Grozovsky of Morgan Joseph maintains his "hold" rating on American Tower Corporation (NYSE: AMT). American Tower reported its Q4 results ahead of the estimates and the consensus. “As expected, American Tower experienced continued demand for wireless infrastructure solutions as leasing...
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PCS Beats Q4 Expectations, Guidance Not Issued
Thursday, February 25, 2010 - 1:50pm | 155Analysts at Citigroup maintain their "hold" rating on MetroPCS Communications Inc (NYSE: PCS). The target price for PCS is set to $9. MetroPCS Communications PCS reported its Q4 revenues and earnings ahead of the estimates and the consensus, while revenues were inline with expectations. “Owing to...
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Benzinga’s Top Pre-Market Gainers (BVF, PCS, MYL, ESRX, IPXL)
Thursday, February 25, 2010 - 9:57am | 322Biovail Corporation (NYSE: BVF) increased 2.69% to $14.90 in the pre-market session. Biovail Corporation reported today a fourth-quarter net income of $73 million, or $0.46 per share, from $120.4 million, or $0.76 per share, in the year-ago period. Revenue increased 33% to $241.1 million for the...
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Benzinga’s Earnings Roundup (CRI, H, NEM, NIHD)
Thursday, February 25, 2010 - 9:28am | 311Carter's, Inc. (NYSE: CRI) reported today a fourth-quarter profit of $33 million, or $0.56 per share, from $27.5 million, or $0.47 per share, in the year-earlier quarter. Sales totaled $424.7 million, up from $422.1 million in the year ago period. Carter's closed at $28.50 in the last trading...
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American Tower CEO On Fast Money (AMT)
Wednesday, February 24, 2010 - 7:00pm | 146Jim Taiclet, CEO of American Tower (NYSE: AMT), appeared on Fast Money tonight. Mr. Taiclet talked a little bit about his acquisition strategy for 2010 and what he plans on doing with the excess cash his company is generating. American Tower (AMT) shares have been a hedge fund favorite as a way to...
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Benzinga's Top ETF Decliners (FAZ, DTO, FXP, SCO)
Wednesday, February 24, 2010 - 5:44pm | 182Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) dropped 4.61% as financial stocks traded on the upside today. Wells Fargo & Company (NYSE: WFC) gained 1.36% today, while Morgan Stanley (NYSE: MS) spiked 2.5%. PowerShares DB Crude Oil Double Short ETN (NYSE: DTO) closed 4.26% down as...
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TSU Upgraded To Buy At BofA/Merrill
Wednesday, February 24, 2010 - 3:30pm | 49Analysts at BofA/Merrill upgrade TIM Participacoes (NYSE: TSU) from "neutral" to "buy." The target price for TSU is set to $35. TSU’s shares gained 5.99% to reach $28.30 at 1:21 pm. More Analyst Ratings here
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Clearwire (CLWR) Beats Wall Street Revenue Expectations
Wednesday, February 24, 2010 - 9:52am | 119Clearwire Corporation (Nasdaq: CLWR) reported a 4th quarter loss of $98.7 million, or 55 cents per share, compared with a pro forma loss of $90.4 million, or 47 cents per share, a year earlier. Revenue increased from from $59.7 million to $79.9 million, beating the Wall Street average estimate of $...
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CLWR’s Revenues Jump 19% In Q4
Wednesday, February 24, 2010 - 9:43am | 158Clearwire (NASDAQ: CLWR) has reported its Q4 losses at $0.47 per share as compared to the consensus expectations of losses of $0.45 per share. CLWR’s revenues for the quarter came in at $79.91 million versus the Street view of $76.4 million. CLWR has projected a flat ARPU for FY10. The company...
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Twofer Wednesday
Wednesday, February 24, 2010 - 9:07am | 837First up is an interview with Jason Zweig at Advisor Perspectives. I tend to read a good bit of his stuff as there is usually an interesting nugget or two but I tend to disagree with his conclusions. Candidly I do not know much about his background other than he's been a prominent writer for quite...
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29 Stocks Worth Shorting with Stops
Tuesday, February 23, 2010 - 11:40pm | 256Okay Folks - Here is my labor of love - and let me tell you it is some major labor having to type out all these symbols, company names and stop-losses into a post for you. But I know that it is a huge help for many of you, and that's why I do it. The last time I posted all of my short candidates...
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Clearwire Corporation’s (CLWR) Fourth-Quarter Preview
Tuesday, February 23, 2010 - 9:09pm | 116Analyst Michael Nelson at Soleil Securities has released a report previewing the fourth-quarter at Clearwire Corporation (NASDAQ: CLWR). The company will report results for the fourth-quarter tomorrow. Soleil expects the company to report solid results for the fourth-quarter. According to Soleil,...
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Best Deals For February 23, 2010 As Believed By Fast Money Final Trade (F, HMY, MYL, SKS, RSH, S)
Tuesday, February 23, 2010 - 8:26am | 245According to Fast Money Final Trade on CNBC, today’s best trades are likely to be the following: Ford Motor (NYSE: F): Joe Terranova believes that investors should take a long position on F. F’s shares fell 0.18% to $11.19 in after hours trading. Harmony (NYSE: HMY): According to Tim Seymour,...