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Options Brief: American Tower Corporation (AMT)
Wednesday, February 9, 2011 - 3:37pm | 88Shares of American Tower Corporation (NYSE: AMT) are higher on the session by 0.44%, trading at $54.52. Overall put volume is now running at 2.08x the daily average, with 57% of all puts traded being purchases on the offer. 3,445 contracts have traded on the session so far. American Tower...
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Apple Begins Production of New iPad: Report
Wednesday, February 9, 2011 - 3:20pm | 165The electronics world is still feeling the impact from Apple's (NASDAQ: AAPL) first iPad, but new details are already spilling out about a slimmer next generation of the tablet device that will have a front-facing camera, more memory and a more powerful graphics processor. According to The Wall...
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Clearwire Corporation Announces Anticipated Filing of Registration Statement
Wednesday, February 9, 2011 - 2:59pm | 97Clearwire (NASDAQ: CLWR) today announced that it anticipates filing with the Securities and Exchange Commission on or prior to March 8, 2011, an automatic shelf registration statement on Form S-3 to satisfy its obligation under the Registration Rights Agreement dated December 8, 2010, filed as...
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Puts Purchased on Leap Wireless International (LEAP)
Wednesday, February 9, 2011 - 1:25pm | 116Shares of Leap Wireless International (NASDAQ: LEAP) are lower on the session by 7.02%, currently trading at $12.99. The stock has been moving largely higher over the past six months and is currently trading near the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Benzinga's Top Pre-Market NASDAQ Losers (SWIR, MOTR, MICC, CKSW)
Wednesday, February 9, 2011 - 9:20am | 141Sierra Wireless Inc (NASDAQ: SWIR) dropped 28.39% to $11.10 in the pre-market session. SWIR reported weaker-than-expected Q4 results. Analysts at JP Morgan downgraded SWIR from "neutral" to "underweight." Motricity Inc (NASDAQ: MOTR) fell 20.98% to $17.40 in the pre-market session. Analysts at RBC...
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Bernstein Downs LEAP To Market Perform
Wednesday, February 9, 2011 - 7:57am | 50Analysts at Bernstein downgrade Leap Wireless International Inc (NASDAQ: LEAP) from “outperform” to “market perform.” The target price for LEAP is set to $15. LEAP shares fell 1.27% to close at $13.97 yesterday. More Analyst Ratings here
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Top Yielding Stocks from the Country of the Richest Man in the World
Wednesday, February 9, 2011 - 1:48am | 565Accordng to Forbes Magazine, the chairman and CEO of Telefonos de Mexico (TMX) and América Móvil (AMX), Carlos Slim Helu, is the richest man in the world, at least as of March of last year. He has an approximate net worth of 74.5 billion dollars now, more than $15 billion more than last year. Slim...
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Future High Noon Showdown 02-08-2011
Tuesday, February 8, 2011 - 3:56pm | 900Cusick's Corner The market is continuing its grind higher in spite of the rate hike in China and the strike by workers in the Suez Canal. While it is hard to say that a top is in place, I am getting a sense that this grinding move higher is more like a high noon showdown between the bulls and the...
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Calls Purchased on China Unicom Limited (CHU)
Tuesday, February 8, 2011 - 11:26am | 135Shares of China Unicom Limited (NYSE: CHU) are higher on the session by 5.01%, currently trading at $17.19. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today....
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Sprint And Kyocera To Partner For New Smartphone (S, KYO)
Monday, February 7, 2011 - 2:19pm | 192Sprint (NYSE: S) is to announce a new Kyocera (NYSE: KYO) smartphone to its cellular lineup at an event in New York tonight Bloomberg reports. The device will be called Echo and will run Google's (NASDAQ: GOOG) Android mobile operating platform according to anonymous sources. Sprint and Kyocera...
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Gabelli Morning Call (CNU, SXT, RIG, CLWR)
Monday, February 7, 2011 - 10:35am | 126Gabelli is out with its Morning Call, focusing on Continucare Corp. (NYSE: CNU), Sensient Technologies (NYSE: SXT), Transocean NYSE" RIG), and Clearwire (NASDAQ: CLWR). In the report, Gabelli reiterated its Continucare Corp Buy rating, left its Sensient Technologies Hold rating unchanged, reduced...
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Solid 4Q For Sprint Nextel Cites JP Morgan
Monday, February 7, 2011 - 9:59am | 135JP Morgan has published a report expecting Sprint Nextel (NYSE: S) to report a positive postpaid quarter. The report positively notes "4Q10 net adds for Sprint's postpaid business, with CDMA porting trends coming in positive against other carriers. We maintain our 25k adds est. (vs. Street at 7k)...
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Partner Communications Announces Receiving a Lawsuit
Monday, February 7, 2011 - 8:47am | 138Partner 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 February 1, 2011 in the Tel-Aviv District Court. The claim alleges that Partner did not comply with the...
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Before It Happens: Next Week's Top ETF Plays
Friday, February 4, 2011 - 5:39pm | 362Last week in our "before it happens" column, we examined some noteworthy ETF trades that would be in play on the back of earnings reports. This week, we're going to mix things up a bit and look for some ETFs that could move outside of earnings. Don't worry, we also have a few earnings plays that...
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Huge Move In DragonWave (DRWI)
Friday, February 4, 2011 - 12:51pm | 72Shares of DragonWave (NASDAQ: DRWI) just surged and are currently up around 6.44%. This is likely related to news out of Clearwire (NASDAQ: CLWR) that Deutsche Telecom is closer to making a spectrum deal with the company. Clearwire (CLWR) was halted on the news and has resumed trading, up 8.90% to...