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Partner Communications Announces Receiving a Lawsuit
Monday, March 7, 2011 - 9:44am | 130Partner Communications Company Ltd. (Nasdaq: PTNR) announces that it was served with a lawsuit and a motion for the recognition of this lawsuit as a class action, filed against Partner on March 6, 2011 in the Central District Court. The claim alleges that Partner increased tariffs for its...
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J.P. Morgan Reiterates OW Rating, $60 PT On AMT
Monday, March 7, 2011 - 9:15am | 153J.P. Morgan reports that it came away from meetings with American Tower Corp. (NASDAQ: AMT) CEO James Taiclet and CFO Tom Barlett with an “incrementally more positive view of American Tower and the current environment for the tower industry.” “AT&T (NYSE: T) and Verizon (NYSE: VZ) are driving...
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Apple working on unlimited music re-downloads with music labels
Friday, March 4, 2011 - 7:13pm | 302According to a report from Bloomberg, Apple is currently in talks with several music labels, trying to negotiate the ability for iTunes Store customers to re-download their previously purchased tracks as many times as they want. This would allow any device to download any track as many times as...
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Facebook Is Going After Ma Bell (T, VZ, S)
Friday, March 4, 2011 - 1:56pm | 293Facebook announced yesterday that it would be acquiring Beluga, which is a group text messaging service. This is a warning shot to AT&T (NYSE: T) and Verizon (NYSE: VZ). Telecom companies say that downloading data to your phone is cheap, unless its a text message, going from a few pennies per...
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MTS Appoints New Chief Executive Officer
Friday, March 4, 2011 - 10:50am | 110Mobile TeleSystems OJSC (NYSE: MBT), today announced that in accordance with the Company's Charter Mr. Andrei Dubovskov has been appointed by the MTS Board of Directors as President and Chief Executive Officer of Mobile TeleSystems OJSC. Mr. Dubovskov replaces Mr. Mikhail Shamolin, who has served...
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USA Mobility Announces Acquisition of Amcom Software (USMO)
Thursday, March 3, 2011 - 5:02pm | 17USA Mobility (NASDAQ: USMO) Announces Acquisition of Amcom Software.
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Credit Suisse Downs TKC To Underperform
Thursday, March 3, 2011 - 7:31am | 66Analysts at Credit Suisse downgrade Turkcell Iletisim Hizmetleri AS (NYSE: TKC) from “outperform” to “underperform.” TKC shares dropped 1.34% to close at $13.28 yesterday. <a href="http://www.benzinga.com/analyst-ratings">...
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Goldman Sachs Suggests Positioning For Upside in PBR and NIHD
Wednesday, March 2, 2011 - 11:19am | 195Goldman Sachs is out with a research note this morning, where it suggests that traders buy calls on Petroleo Brasileiro S.A. (NYSE: PBR) and NII Holdings, Inc. (NASDAQ: NIHD). While the GS analysts made the case that as a whole they are worried about the Brazilian Bovespa, they noted that LatAm...
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Dr Faessel 3-1-2011
Tuesday, March 1, 2011 - 9:47am | 1307A NEW CHINESE “TOP PICK” China Telecom Selects NIVS Mobile Phone NIVS IntelliMedia Technology Group, Inc. (NYSE: NIV) AMEX $2.67 Market-cap $130 million Mighty China Telecom (CHA) NYSE has selected the NIVS IntelliMedia (NIV) "E3" model mobile...
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Potash Upgraded; Stock Rises (POT)
Monday, February 28, 2011 - 11:02am | 83Shares of Potash Corp. (NYSE: POT) were upgraded to Buy this morning at Gleacher & Co. Analysts at Credit Suisse also reiterated their Outperform rating on the stock. During Monday's trading session, POT shares have risen 2.75% to $61.67. Potash Corporation of Saskatchewan Inc. (PCS) is an...
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Deutsche Bank Reiterates Buy Rating On SBAC
Monday, February 28, 2011 - 9:48am | 117Deutsche Bank is reiterating its Buy rating on shares of SBA Communications Corp. (NASDAQ: SBAC). “SBAC posted solid 4Q results that were at or above the high end of guidance and upwardly revised its 2011 outlook, primarily to account for growth in its tower portfolio,” Deutsche Bank writes. “...
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UPDATE: Jefferies Raises PT on MetroPCS Communications to $16 (PCS)
Friday, February 25, 2011 - 9:57am | 78Jefferies is out with its report today on MetroPCS Communications (NYSE: PCS), raising its price target from $15 to $16. In a note to clients, Jefferies writes, "We expect continued growth to highlight the operating leverage & drive FCF. The roll-out of LTE will enable PCS to enhance its...
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Can Cell Phones Really Alter The Way You Think? (T, VZ, S)
Thursday, February 24, 2011 - 1:50pm | 515According to a study from the National Institutes of Health, cell phones may alter your brain activity, and it could be potentially damaging in the long term. Researchers have found that less than an hour of cellphone use can cause brain activity to speed up in the area that is closest to the...
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J.P Morgan Gives Color On American Tower Following Earnings Report
Thursday, February 24, 2011 - 9:28am | 168American Tower (NYSE: AMT) reported a solid 4Q10 and gave 2011 guidance, mostly inline with expectations. The domestic business continues to perform well with AT&T and Verizon driving leasing revenue growth of 14% in 4Q10 vs 13% y/y growth in 3Q10, and it expects continued strength from T and...
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Deutsche Bank Reiterates Buy Rating On SBAC
Thursday, February 24, 2011 - 9:25am | 121SBA Communications (NASDAQ: SBAC), which is scheduled to report its 4Q results post-market on Thursday, February 24, has received a Buy-rating reiteration from Deutsche Bank. “SBAC's 2011 outlook represents the same incremental revenue per tower as 2010 in domestic markets with higher contributions...