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AT&T to Buy Spectrum Licenses - Analyst Blog
Tuesday, December 21, 2010 - 2:15pm | 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...
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Sprint Extends Supply Agreement with Motorola Solutions for Three Additional Years
Tuesday, December 21, 2010 - 12:30pm | 84Sprint (NYSE: S) and the Motorola Solutions business of Motorola (NYSE: MOT) today announced an agreement to extend Motorola's support of the Sprint iDEN network for three additional years. Extending this longstanding agreement reflects both companies' commitment to iDEN technology as a best-in-...
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Benzinga's Top Pre-Market NASDAQ Losers (ARNA, ARTG, VOD, INTC)
Tuesday, December 21, 2010 - 9:18am | 121Arena Pharmaceuticals Inc (NASDAQ: ARNA) dipped 0.84% to $2.36 in the pre-market session. ARNA's trailing-twelve-month ROE is -121.06%. Art Technology Group Inc (NASDAQ: ARTG) lost 0.33% to $5.97 in the pre-market session. ARTG's PEG ratio is 1.65. Vodafone Group Plc (NASDAQ: VOD) fell 0.26% to $26...
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Linktone's Shareholders' Meeting Results
Tuesday, December 21, 2010 - 9:06am | 88Linktone Ltd. (Nasdaq: LTON) today announced the results of its Annual General Meeting of Shareholders held on December 21, 2010 in Beijing, China. At the Annual General Meeting, shareholders re-elected Hary Tanoesoedibjo and elected Peck Joo Tan to serve as Class III directors until the 2013...
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Mad Money Lightning Round: Cramer Likes Oracle, American Tower (ENTG, JBL, PFE, ORCL, AAPL, AMT, S, T, VZ)
Tuesday, December 21, 2010 - 4:24am | 261On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Entegris (NASDAQ: ENTG) is “good. A nice little speculative stock. It's a packaging play on semiconductors.” He also likes Jabil Circuit (NYSE: JBL). For Pfizer (NYSE: PFE), he said, "Nah, there's nothing there. They don't have...
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Benzinga's Top Performing Industries (BYD, MGM, LVS, CVCO, SKY, SLW, HL, NGD, SCOK, AMT)
Monday, December 20, 2010 - 6:14pm | 244Resorts & Casinos industry was the best performing industry on Monday. It gained 2.94%, and in the space Boyd Gaming Corporation (NYSE: BYD) gained 5.21%. MGM Resorts International (NYSE: MGM) gained 5.13%, and Las Vegas Sands Corp. (NYSE: LVS) added 4.63%. Manufactured housing industry also...
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MetroPCS Up 5.5% After Ratings Upgrade, Nearing 52-Week High (PCS)
Monday, December 20, 2010 - 4:12pm | 160Shares of MetroPCS Communications, Inc. (NYSE: PCS) are currently up 5.5% at $12.75 per share during Monday afternoon trading, nearing the stock's 52-week high of $12.93 per share. The rise in MetroPCS Communications' shares was fueled by an upgrade by RBC Capital Markets of the company's rating...
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Top Stock Picks Under $5 for 2011
Monday, December 20, 2010 - 11:15am | 113(TheStreet) -- Citigroup(NYSE: C), Sprint Nextel(NYSE: S) and Quantum(NYSE: QTM) may be the best inexpensive stocks for 2011, analysts say. After a rollercoaster ride in equity markets this year, investors are more than willing to put 2010 in the rearview mirror and look ahead to opportunities in...
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Benzinga's Top Upgrades (NTAP, PCS, PPS, ITMN)
Monday, December 20, 2010 - 9:24am | 143NetApp Inc (NASDAQ: NTAP) was upgraded by Stifel Nicolaus from "hold" to "buy." NTAP's shares closed at $53.80 on Friday. NetApp's trailing-twelve-month ROE is 21.07%. RBC Capital upgrade MetroPCS Communications Inc (NYSE: PCS) from “sector perform” to “outperform.” PCS' shares closed at $12.08 on...
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RBC Capital Upgrades PCS To Outperform
Monday, December 20, 2010 - 7:10am | 53Analysts at RBC Capital upgrade MetroPCS Communications Inc (NYSE: PCS) from “sector perform” to “outperform.” The target price for PCS has been raised to $16 from $12. PCS shares lost 1.71% to close at $12.08 on Friday. More Analyst Ratings here
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Charles River's Business Outlook - Analyst Blog
Friday, December 17, 2010 - 7:03pm | 813Charles River Laboratories (CRL) recently discussed its business outlook with investors and clarified its focus on four key initiatives to drive shareholder value. The company also announced 2011 guidance and made some changes to its 2010 outlook. The four key initiatives are as follows:...
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Charles River's Business Outlook - Analyst Blog
Friday, December 17, 2010 - 6:13pm | 813Charles River Laboratories (CRL) recently discussed its business outlook with investors and clarified its focus on four key initiatives to drive shareholder value. The company also announced 2011 guidance and made some changes to its 2010 outlook. The four key initiatives are as follows:...
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Benchmark Views Crown Castle International Stock as Attractive
Friday, December 17, 2010 - 10:26am | 81Benchmark is out with its report on Crown Castle International (NYSE: CCI) with an attractive view on CCI stock. In its report, Benchmark writes, "We view Crown Castle's (CCI) stock is attractive due to: sustained revenue (8%) and free cash flow (15%-20%) growth, domestic focus, balanced capital...
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Sprint Delivers Live Stream for 30 College Football Bowl Games
Friday, December 17, 2010 - 10:12am | 46Sprint (NYSE: S) will carry the live stream of 30 college football bowl games broadcast by ESPN, highlighted by the entire Bowl Championship Series, which will be available for the first time to Sprint customers on ESPN Mobile TV.
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Televisa Remains Neutral - Analyst Blog
Thursday, December 16, 2010 - 12:45pm | 466Our long-term recommendation for Grupo Televisa S.A. (TV) is Neutral, which means the stock will perform in line with the broader market. Currently, it is a Zacks #3 (Hold) Rank stock. Televisa is a dominant force in the Mexican media business. The company is almost a monopoly with around 70% of...