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Telecom Major Sprint Nextel Corp. (S) Gains Ahead Of Earnings
Monday, February 8, 2010 - 1:23pm | 99Sprint Nextel Corp. (NYSE: S) led from the front by mid-day trading on Monday, ahead of its earnings. The telecom stock Sprint Nextel Corp. (S) gained close to 4.4% by mid-day to breach above its 20 day MA. Sprint Nextel Corp. (S) is now trading a shade lower than its 50 day MA of $3.65. Once the...
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Stock Market News for February 8, 2010 - Market News
Monday, February 8, 2010 - 9:56am | 482Amid growing worries about Europe’s ability to control its public finances and an anemic labor market, stocks posted their fourth straight weekly decline even as the U.S. unemployment rate showed a surprise drop in January. Although stocks managed to stage a late comeback on Friday, after a sharp...
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JP Morgan Cuts Leap Wireless (LEAP) To Underweight
Friday, February 5, 2010 - 11:57am | 42Analysts at JP Morgan downgrade Leap Wireless International Inc (NASDAQ: LEAP) from "neutral" to "underweight." LEAP’s shares closed at $14.59 yesterday. Read more about the market
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Benzinga’s Top Pre-Market Losers (AIXG, LEAP, SOLR, NUAN, ARMH, RMBS)
Friday, February 5, 2010 - 9:42am | 317Aixtron AG (ADR) (NASDAQ: AIXG) decreased 5.30% to $27.87 in the pre-market session. The 52-week trading range for AIXG is $3.86 -$38.34. Aixtron has gained over 82% in the last six months. Leap Wireless International, Inc. (NASDAQ: LEAP) tumbled 5.41% to $13.80 after Leap Wireless International...
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Goldman Cuts RCI to Conviction Sell
Tuesday, February 2, 2010 - 10:45am | 34Analysts at Goldman downgrade Rogers Communications (NYSE: RCI) from "sell" to "conviction sell," while reducing their estimates for the company. RCI’s shares closed at $31.64 yesterday.
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Benzinga’s Top Pre-Market Losers (AMSC, MPEL, TRGL, PRGO, TUES, LEAP)
Tuesday, February 2, 2010 - 9:54am | 362American Superconductor Corporation (NASDAQ: AMSC) decreased 3.14% to $38.50 in the pre-market session. American Superconductor Corporation today raised its fiscal 2009 guidance and now expects revenue to be in the range of $312-$315 million, up from previous forecasted range of $300-$310 million....
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Winners & Losers For January, 2010: Zion (ZION) Performs Best
Friday, January 29, 2010 - 11:50am | 154According to CNBC's Giovanni Moreano, Zion (NASDAQ: ZION) performed best among S&P 500 stocks for the month of January,2010. The stock gained 49.5% Month-to-date. Interestingly, 8 out of the top 10 spots were taken by the financial stocks. Other stocks included in the list of Top S&P 500...
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MetroPCS Attracts Bulls
Friday, January 29, 2010 - 11:20am | 129MetroPCS Communications (NYSE: PCS) is receiving a large bull play this morning. The May $5 call has just been purchased for $1.25, on the offer. Volume is significantly exceeding open interest, indicating new, bullish positioning. MetroPCS is well known for its pre-paid wireless programs, as well...
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McCormick Barely Beats - Analyst Blog
Thursday, January 28, 2010 - 3:58pm | 504McCormick & Company Inc. (MKC) posted robust fiscal 2009 fourth-quarter results before the opening bell on Thursday. The company recorded a 41% growth in GAAP net income to $116.4 million from $82.5 million in the year-ago quarter. Excluding restructuring charges, earnings per share came in at...
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Earnings Round-up For Companies Reporting Before The Markets Open (MOT, T, AMZN, MMM, MSFT, MO, BDX, AEP, AZN, BMY, CAH, CEL, C, D, EL)
Thursday, January 28, 2010 - 7:43am | 686Companies reporting before the bell: Motorola (NYSE: MOT): The company may report its earnings at $0.8 per share. Read more about this company here. AT&T (NYSE: T): The telecommunications company is expected to report its earnings at $0.51 a share, reflecting a $0.13 decline from its year-...
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Sprint to Rally?
Wednesday, January 27, 2010 - 3:30pm | 159Communications service provider, Sprint Nextel Corp (NYSE: S), is rounding up some bulls this afternoon. The stock has been on a slide as of late down from $4.23 to its current $3.38 in three weeks. One trader is betting that that trend will not continue though and is buying calls. The Sprint...
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Early Termination Fees Questioned By The FCC (GOOG, T, VZ, S)
Wednesday, January 27, 2010 - 9:11am | 169US wireless carriers and also Google Inc. (NASDAQ: GOOG) were quizzed by the FCC (Federal Communications Commission) on early termination fee charges. Some of these companies have doubled their fees in the recent past. The FCC has written to AT&T (NYSE: T), Verizon (NYSE: VZ) and Sprint Nextel...
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Verizon to Post a Loss of $653 Million This Quarter (VZ, VOD, AMX)
Wednesday, January 27, 2010 - 8:58am | 280Verizon Communications Inc’s, (NYSE: VZ) shares fell by 2.2% to trade at $30 because of the slow growth of the company in this quarter. Verizon posted a net loss of $653 million or $0.23 per share. Verizon is expecting a very slow recovery despite correction in the economy, because of poor...
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Technical Indicators In Forex Trading Part II
Wednesday, January 27, 2010 - 6:24am | 434A technical indicator offers an objective and calculation-based method to analyze a currency pair and its price. Since technical analysis involves analyzing and understanding the historical price and/or movement of currency pairs, technical indicators are also known as delayed indicators. To know...
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Benzinga's Top ETF Decliners (ERY, FXP, EDZ, SMN)
Monday, January 25, 2010 - 4:16pm | 219Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) is down 4.19% as Russell 1000 Energy Index trades in the positive territory. Anadarko Petroleum Corporation (NYSE: APC) gained the most among the components of the Russell 1000 Energy Index, with 3.7% increase in price. FTSE/Xinhua China 25...