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J.P. Morgan Expects Sprint To Augment Cell Sites (S)
Tuesday, January 25, 2011 - 10:36am | 77In a report released this morning, J.P. Morgan said that it expects Sprint (NYSE: S) to start augmenting its cell sites in 2011 and finish in 2013, “and model a tower lease expense increase for Sprint of 6.5% in 2011 and 2.2% in 2012, contributing to tower revenue.” “Sprint represents 20-25% of...
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J.P. Morgan Expects TNAV To Be In-Line
Tuesday, January 25, 2011 - 10:02am | 122In a report released this morning, J.P. Morgan said that it expects TeleNav, Inc. (NASDAQ: TNAV) to report in-line results, providing more granularity regarding Sprint's (NYSE: S) fixed fee payments, which will make modeling easier. “However, TNAV is still in transition, and we expect the difficult...
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Earnings Preview: Verizon - Analyst Blog
Monday, January 24, 2011 - 3:01pm | 1288Verizon Communications (VZ), the second largest U.S. phone company, is slated to release its fourth quarter and fiscal 21010 earnings results on January 25, 2011, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is 55 cents, representing a 1.58% annualized...
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Earnings Preview: Verizon - Analyst Blog
Monday, January 24, 2011 - 2:23pm | 1288Verizon Communications (VZ), the second largest U.S. phone company, is slated to release its fourth quarter and fiscal 21010 earnings results on January 25, 2011, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is 55 cents, representing a 1.58% annualized...
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Will Davin Einhorn's Position In Sprint Pan Out? (S, VZ, T)
Friday, January 21, 2011 - 1:39pm | 419David Einhorn of Greenlight Capital has a large stake in Sprint Nextel Corporation (NYSE: S), but with Verizon (NYSE: VZ) getting the iPhone, and AT&T (NYSE: T) still having the iPhone, will we be able to hear Einhorn now? Sprint is generally seen as the third major cell phone carrier between...
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Millicom Downgraded to Underperform - Analyst Blog
Thursday, January 20, 2011 - 5:01pm | 603We downgrade our recommendation for Millicom International Cellular S.A. (MICC) to Underperform based on its current valuation. The stock price has moved up by nearly 40% in the past year and is trading at its 52-week high at present. With respect to several valuation metrics, Millicom is trading...
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Millicom Downgraded to Underperform - Analyst Blog
Thursday, January 20, 2011 - 4:43pm | 603We downgrade our recommendation for Millicom International Cellular S.A. (MICC) to Underperform based on its current valuation. The stock price has moved up by nearly 40% in the past year and is trading at its 52-week high at present. With respect to several valuation metrics, Millicom is trading...
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Greenlight Capital Annual Investor Letter
Wednesday, January 19, 2011 - 6:20pm | 107Market Folly has just posted David Einhorn's 2010 year end letter. Einhorn is a noted value investor who runs hedge fund Greenlight Capital. In the letter, Einhorn discloses new stakes in BP (NYSE: BP) and Sprint (NYSE: S). The fund's top five holdings are Arkema (PINK:ARKAY), Ensco (NYSE: ESV),...
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Femtocell: The Emerging Wave - Analyst Blog
Wednesday, January 19, 2011 - 5:01pm | 698Femtocell is rapidly emerging as a fundamental technology enabler in the deployment of next-generation (3G/4G) wireless network infrastructure. A femtocell is a small cellular base station, typically designed for use in a residential or small business environment. This access point communicates...
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Femtocell: The Emerging Wave - Analyst Blog
Wednesday, January 19, 2011 - 4:30pm | 698Femtocell is rapidly emerging as a fundamental technology enabler in the deployment of next-generation (3G/4G) wireless network infrastructure. A femtocell is a small cellular base station, typically designed for use in a residential or small business environment. This access point communicates...
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Options Brief: China Mobile Limited (CHL)
Wednesday, January 19, 2011 - 12:59pm | 90Shares of China Mobile Limited (NYSE: CHL) are higher on the session by 1.39%, trading at $50.36. Overall call volume is now running at 2.95x the daily average, with 70% of all calls traded being purchases on the offer. 6,387 contracts have traded on the session so far. China Mobile Limited...
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Weekly Market Commentary | Week of January 17, 2011
Wednesday, January 19, 2011 - 12:28pm | 2835Highlights •The microeconomics depicted in earnings reports this week are improving as companies report higher profits and stronger balance sheets. However, the durability of the gain in the market is dependent, in part, on how the macroeconomic risks are developing. •The top five risks investors...
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Record 1Q for Apple - Analyst Blog
Wednesday, January 19, 2011 - 11:31am | 1887Apple Inc. (AAPL) reported stellar first quarter 2011 results with better-than-expected quarterly revenues and earnings, which flew past the bullish Zacks Consensus Estimate. The upbeat quarter results were fueled by strong iPhone sales, record Mac sales and increased iPad sales, as unit...
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Record 1Q for Apple - Analyst Blog
Wednesday, January 19, 2011 - 11:00am | 1887Apple Inc. (AAPL) reported stellar first quarter 2011 results with better-than-expected quarterly revenues and earnings, which flew past the bullish Zacks Consensus Estimate. The upbeat quarter results were fueled by strong iPhone sales, record Mac sales and increased iPad sales, as unit...
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Benzinga's Top ETF Decliners, January 18th (VXX, CZI, ZSL, DRV)
Tuesday, January 18, 2011 - 6:49pm | 196iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) fell 3.20% today, and it closed at $30.56. This was the sixth trading session in a row that VXX closed lower. Direxion Daily China Bear 3x Shares ETF (NYSE: CZI) dropped 2.71% today. China Mobile Ltd. (ADR) (NYSE: CHL) is a component of the...