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American Tower Earnings Preview: Analysts Expect Flat EPS, Rising Revenue Over Previous Quarter
Thursday, July 28, 2011 - 1:36pm | 603Read More...American Tower (NYSE: AMT) releases its next round of earnings this Tuesday, August 2, 2011. Get prepared with Benzinga's ultimate preview for American Tower's second quarter earnings. Earnings and Revenue: Analysts are predicting an EPS reading of 23 cents per share and revenues of $584.7...
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Thursday's Mid-Day Options Volume Leaders
Thursday, July 28, 2011 - 12:12pm | 84Read More...Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 182,698 contracts, 63.3% calls, 36.87% puts 2. Bank of America (NYSE: BAC) 111,272 contracts, 69.1% calls, 30.9% puts 3. Sprint Nextel (NYSE: S) 57,769 contracts, 66.4% calls, 33.6% puts 4. PetroHawk Energy Corp. (NYSE:...
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Earnings Roundup
Thursday, July 28, 2011 - 8:42am | 1660Read More...Kellogg Co (NYSE: K) reported a 14% rise in its second-quarter profit. Kellogg reported its quarterly profit at $343 million, or $0.94 per share, up from $302 million, or $0.79 per share, in the year-ago period. Its sales climbed 11% to $3.39 billion. However, analysts were expecting a profit of $0...
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Citi Maintains Hold Rating On Crown Castle
Thursday, July 28, 2011 - 7:32am | 60Read More...According to Citi, Crown Castle International (NYSE: CCI) reported 2Q results that were generally better than consensus and estimates. Citi said that it maintains the Hold rating. “Since the beginning of 3Q, CCI has bought an additional $29.8m of common shares and $6.0m of preferred stock.” Crown...
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UPDATE: Sprint Nextel Reports Q2 Loss of $847M
Thursday, July 28, 2011 - 7:19am | 69Read More...Sprint Nextel Corp (NYSE: S) released its results for the second quarter on Thursday. Sprint Nextel's posted a loss at $847 million, or $0.28 per share, versus a loss of $760 million, or $0.25 per share, in the year-earlier period. Its revenue surged 4% to $8.3 billion. Analysts were expecting a...
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Sprint Nextel and LightSquared Enter 15 Year Pact Worth $13.5B
Thursday, July 28, 2011 - 7:19am | 35Read More...LightSquared and Sprint Nextel (NYSE: S) announced today they have entered into a 15-year agreement that includes spectrum hosting and network services, 4G wholesale, and 3G roaming.
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Earnings Scheduled For July 28
Thursday, July 28, 2011 - 5:02am | 559Read More...Astrazeneca PLC (NYSE: AZN) is expected to report its Q2 EPS at $1.80 on revenue of $8.19 billion. Exxon Mobil Corporation (NYSE: XOM) is projected to report its Q2 EPS at $2.33 on revenue of $121.39 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report its Q2 EPS at $0.55 on...
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Stocks to Watch for Thursday 7/28/2011: Fresh 52 Week Highs and Lows
Thursday, July 28, 2011 - 2:37am | 3403Read More...Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more clearly defined. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to...
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Wednesday's S&P 500 Sector Recap: Hottest and Coldest Sectors
Wednesday, July 27, 2011 - 5:36pm | 1734Read More...The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...
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Sprint and Crown Castle Extend Relationship to Enable Network Vision
Wednesday, July 27, 2011 - 1:00pm | 54Read More...Sprint (NYSE: S) today announced it has amended important contracts with Crown Castle (NYSE: CCI) to enable the delivery of the next-generation networks through Sprint's Network Vision plan. The agreement impacts more than 10,000 of Sprint's nationwide cell sites.
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Why This European Telecom Is A Screaming Buy
Wednesday, July 27, 2011 - 10:14am | 594Read More...Vodafone (NYSE: VOD) said yesterday at the annual shareholder meeting yesterday the company is set to resume receiving dividend payments from Verizon (NYSE: VZ) starting next year. This is massive news for Vodafone shareholders, as the stock price is not really reflective of receiving a dividend...
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Collins Stewart Reiterates Neutral and PT of $5 on Sprint Nextel
Wednesday, July 27, 2011 - 8:53am | 56Read More...Collins Stewart reiterated its Neutral rating on Sprint Nextel (NYSE: S). At the same time, the rating agency left its price target on the company's stock unchanged at $5. On Tuesday, S closed the day at $5.18. Its shares lost 0.19% of their value in today's pre-market trading to stand around $5.17...
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Bank of America Merrill Lynch Previews Earnings From Sprint Nextel Corp.
Wednesday, July 27, 2011 - 7:34am | 152Read More...Bank of America Merrill Lynch is out with a research report on Sprint Nextel Corp. (NYSE: S) as it previews earnings from the company. It has a Neutral rating and a $5.50 price target on shares. In a note to clients, Bank of America Merrill Lynch writes, "We project service margin of 19.1%, flat...
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Bank of America Previews Earnings for Crown Castle International
Wednesday, July 27, 2011 - 7:16am | 195Read More...Bank of America has published a report on Crown Castle International Corporation (NYSE: CCI) previewing earnings for the company. In the report, Bank of America wrote, "Conference Call InfoThursday, July 28th, at 10:30 a.m. (ET). Dial-in: 480-629-9771; Password: “Crown Castle Call”. Replay: 303-...
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Goldman Sachs Comments on Volatility
Wednesday, July 27, 2011 - 6:58am | 215Read More...Goldman Sachs commented on market volatility. In a research report published today, Goldman named companies it believes are best investment in these volatile times. In the report, Goldman states, “In the face of a flattish S&P 500 we encourage investors to utilize straddles as a method to...

