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Motorola Enhancing Music Offering - Analyst Blog
Thursday, December 23, 2010 - 12:00pm | 594Motorola Mobility Holdings Inc, a wholly owned subsidiary of Motorola Inc. (MOT) yesterday announced that it has acquired privately held Zecter Inc., a provider of synchronization and streaming technologies for on-demand mobile digital content. Zecter's ZumoCast and ZumoDrive software allows...
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Nippon Downgraded to Neutral - Analyst Blog
Thursday, December 23, 2010 - 11:45am | 468We downgrade our recommendation for Nippon Telegraph & Telephone Corp. (NTT) to Neutral based on grounds of valuation. Nippon is currently trading at the high-end of its 52-week price range, which in our view provides limited upside potential. Despite facing intense pricing pressure from...
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Verizon to Sell 4G Handsets - Analyst Blog
Wednesday, December 22, 2010 - 3:03pm | 657Verizon Wireless, a joint venture between Verizon Communications Inc. (VZ) and Vodafone Group (VOD), will sell Motorola Inc.'s (MOT) smartphones in 2011 supported by its fourth generation (4G) network. In October, the company stated its intention to introduce six 4G devices in January 2011,...
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Verizon to Sell 4G Handsets - Analyst Blog
Wednesday, December 22, 2010 - 2:45pm | 657Verizon Wireless, a joint venture between Verizon Communications Inc. (VZ) and Vodafone Group (VOD), will sell Motorola Inc.'s (MOT) smartphones in 2011 supported by its fourth generation (4G) network. In October, the company stated its intention to introduce six 4G devices in January 2011,...
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Craig Effron and Curtis Schenker: Scoggin Capital Management
Wednesday, December 22, 2010 - 2:17pm | 661Craig Effron and Curtis Schenker are what David Einhorn was before the Lehman debacle- brilliant hedge fund managers generally flying under the media's radar. Head of Scoggin Capital Management, they invest in mergers, spinoffs, bankruptcies, and financially distressed companies through stocks...
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Stifel Nicolaus Initiates Coverage (TU, SJR, BCE, RCI)
Wednesday, December 22, 2010 - 10:17am | 63Stifel Nicolaus initiates coverage on the following companies: Telus (NYSE: TU) at Hold Shaw Communications (NYSE: SJR) at Buy BCE Inc (NYSE: BCE) at Hold Rogers Communications (NYSE: RCI) at Buy
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Stifel Nicolaus Opens RCI With Buy
Wednesday, December 22, 2010 - 8:12am | 43Analysts at Stifel Nicolaus initiate coverage of Rogers Communications Inc (NYSE: RCI) with a “buy” rating. RCI shares lost 0.41% to close at $33.83 yesterday. More Analyst Ratings here
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Top 4 Large-Cap Stocks In The Telecom Services-Foreign Industry With The Highest Dividend Yield (TEF, PHI, FTE, BT)
Wednesday, December 22, 2010 - 4:43am | 122Below are the top large-cap telecom services-foreign stocks on the NYSE and the NASDAQ in terms of dividend yield. Telefonica SA (NYSE: TEF) has a dividend yield of 6.40%. TEF's shares closed at $68.75 yesterday. Philippine Long Distance Telephone Co (NYSE: PHI) has a dividend yield of 6.30%. PHI's...
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Benzinga's Top ETF Decliners (GAZ, EDZ, FAZ, FXP)
Tuesday, December 21, 2010 - 6:14pm | 200iPath Dow Jones UBS Natural Gas Subindex Total Return ETN (NYSE: GAZ) dropped 4.67% on Tuesday, as natural gas futures dropped more than 4%. GAZ closed at $7.55, and had a volume of 285K traded shares. Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) also struggled today. It fell 4....
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Leap Announces Redemption of All Remaining 9.375% Senior Notes Due 2014
Tuesday, December 21, 2010 - 6:05pm | 128Leap Wireless International, Inc. (NASDAQ: LEAP) announced that its operating subsidiary, Cricket Communications, Inc., completed the redemption of all of its remaining 9.375% Senior Notes due 2014 that had not previously been repurchased and cancelled pursuant to Cricket's previously announced...
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Leap Offers Unlimited Music Download - Analyst Blog
Tuesday, December 21, 2010 - 6:00pm | 721Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket,” has decided to offer unlimited music download facilities to its 3G subscribers. The new digital music service will be called “Muve Music.” Leap is the...
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Leap Offers Unlimited Music Download - Analyst Blog
Tuesday, December 21, 2010 - 5:46pm | 721Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket,” has decided to offer unlimited music download facilities to its 3G subscribers. The new digital music service will be called “Muve Music.” Leap is the...
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Sprint CFO To Retire (S, Q)
Tuesday, December 21, 2010 - 3:28pm | 54Sprint Nextel (NYSE: S) announced its chief financial officer Bob Brust will retire soon, and the company will hire Qwest Communications International (NYSE: Q) financial chief Joseph Euteneuer to replace him. Last check price of S was $4.34, up 1.6%.
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Sprint Nextel Names Joseph J. Euteneuer CFO
Tuesday, December 21, 2010 - 3:00pm | 33Sprint Nextel (NYSE: S) today announced that Joseph J. Euteneuer, 55, has agreed to become chief financial officer of Sprint, succeeding Bob Brust, who is retiring.
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AT&T to Buy Spectrum Licenses - Analyst Blog
Tuesday, December 21, 2010 - 2:33pm | 806AT&T Inc. (T), the #2 mobile service provider in the U.S., will acquire mobile television spectrum licenses for $1.93 billion from Qualcomm Inc. (QCOM). The spectrum licenses, in the lower 700 MHz frequency band, currently support Qualcomm's FLO TV subsidiary business, which Qualcomm...