-
Oppenheimer Has Perform On Leap Wireless (LEAP)
Wednesday, February 23, 2011 - 8:20am | 145Oppenheimer & Co. has a Perform rating on shares of Leap Wireless International, Inc. (NASDAQ: LEAP) after it reported earnings last night after the bell. In a note to clients, Oppenheimer writes, "Leap reported mixed 4Q10 results as improving customer adds and ARPU came at the expense of...
-
American Tower Reports Q4 EPS of $0.21
Wednesday, February 23, 2011 - 8:12am | 55American Tower (NYSE: AMT) reports its Q4 EPS at $0.21, versus the consensus of $0.22. AMT reports its Q4 revenue at $547.64 million, versus the consensus of $537.27 million. AMT shares rose 0.04% to $53.00 in after-hours trading. Read more from Benzinga's Company news.
-
Morningstar's Top Takeover Targets in 2011 (Guest Post)
Wednesday, February 23, 2011 - 12:19am | 1191By Hedge Fund Live The spreadsheet below gives you the up-to-date internals for the top take out names identified by Morningstar. Before getting to the spreadsheet let me tell you what these companies do and what the rumor mill has been saying over the last few months. ACTELION (ALIOF.PK): In...
-
Leap Reports Q4 EPS of $($1.48) vs. $(1.10)
Tuesday, February 22, 2011 - 5:19pm | 44Leap Wireless International, Inc. (NASDAQ: LEAP) today reported financial and operational results for the fourth quarter and year ended December 31, 2010. Service revenues for the fourth quarter increased 10.9 percent over the prior year quarter to $636.6 million. EPS $($1.48)
-
Potash Falls 5% (POT)
Tuesday, February 22, 2011 - 2:38pm | 90Sellers are rushing for the exits in shares of Potash Corp. (NYSE: POT) on Tuesday. The stock, which has been a high flier in recent months, has lost around 5% and is trading at $171.34. The move coincides with a significant sell-off in agricultural commodities. Potash Corporation of Saskatchewan...
-
Deutsche Bank Reiterates Hold on Leap Wireless (LEAP)
Tuesday, February 22, 2011 - 11:44am | 139Deutsche Bank is out with its report today on Leap Wireless (NASDAQ: LEAP), reiterating Hold. In a note to clients, Deutsche Bank writes, "On 1/4, LEAP pre-announced 4Q10 net adds of +115k (+162k voice, -48k b'band). While this represents an improvement following 2 quarters of sub losses, LEAP is...
-
Benchmark Raises PT on SBA Communications to $50 (SBAC)
Tuesday, February 22, 2011 - 9:27am | 139Benchmark is out with its report today on SBA Communications (NASDAQ: SBAC), raising its price target from $46 to $50. In a note to clients, Benchmark writes, "SBA is likely to grow adjusted funds from operations and free cash flow about 15%-20% per year for the foreseeable future. SBA currently...
-
Options Brief: MetroPCS Communications (PCS)
Friday, February 18, 2011 - 11:49am | 97Shares of MetroPCS Communications (NYSE: PCS) are higher on the session by 1.75%, trading at $13.35. Overall call volume is now running at 8.49x the daily average, with 49% of all calls traded being purchases on the offer. 6,644 contracts have traded on the session so far. MetroPCS Communications...
-
Benzinga's Top Upgrades (DUK, RTN, VOD, BRCD)
Friday, February 18, 2011 - 8:53am | 136Duke Energy Corporation (NYSE: DUK) was upgraded by BofA/Merrill from "underperform" to "neutral." DUK's shares closed at $18.12 yesterday. Duke Energy's trailing-twelve-month revenue is $13.64 billion. RBC Capital upgraded Raytheon Company (NYSE: RTN) from "sector perform" to "outperform." RTN's...
-
J.P. Morgan Neutral On Clearwire (CLWR)
Friday, February 18, 2011 - 8:40am | 166J.P. Morgan Chase & Co. has a Neutral rating and a $6 price target on shares of Clearwire (NASDAQ: CLWR) after it reported earnings. In a note to clients, J.P. Morgan writes, "Clearwire reported weak 4Q10 and strategic questions remain. The company reported lower than expected retail adds,...
-
Mad Money Lightning Round: Cramer Advises Investors To Sell Clearwire (WFT, DECK, OPEN, MU, AAPL, CLWR, DF)
Friday, February 18, 2011 - 3:58am | 233On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Weatherford International (NYSE: WFT) is “still a buy.” He added, “I think you should stay in it. It can still go higher." For Deckers Outdoor (NASDAQ: DECK), he said, "Here's the deal; This stock is one of my FADS CAN stocks and...
-
Clearwire Corporation Reports Q4 EPS of $(0.81) vs. $(0.54)
Thursday, February 17, 2011 - 5:05pm | 83Clearwire (Nasdaq: CLWR) today reported its financial and operating results for the fourth quarter and full year 2010. Revenue for the fourth quarter was $180.7 million, a 126% increase over fourth quarter 2009 revenue of $79.9 million. The fourth quarter 2010 net loss attributable to Clearwire was...
-
Benzinga's Top Upgrades (ADC, O, MICC, TWTC)
Thursday, February 17, 2011 - 9:15am | 136Agree Realty Corporation (NYSE: ADC) was upgraded by Janney Capital from "neutral" to "buy." ADC's shares closed at $23.63 yesterday. Agree Realty's trailing-twelve-month operating margin is 60.60%. BofA/Merrill upgraded Realty Income Corporation (NYSE: O) from "neutral" to "buy." Realty Income's...
-
Nomura Upgrades MICC To Buy
Thursday, February 17, 2011 - 7:00am | 41Analysts at Nomura upgrade Millicom International Cellular SA (NASDAQ: MICC) from “neutral” to “buy.” MICC shares gained 0.28% to close at $89.85 yesterday. More Analyst Ratings here
-
Einhorn Buys Out-of-Favor Sprint and BP
Wednesday, February 16, 2011 - 4:00pm | 270(TheStreet) --David Einhorn's Greenlight Capital bought new stakes in wireless provider Sprint Nextel (NYSE: S) and oil firm BP (NYSE: BP) during the fourth quarter, picking up two companies shunned by most investors. New York-based Greenlight Capital took seven new equity positions and closed out...