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Benzinga's Top Pre-Market Gainers
Friday, August 26, 2011 - 7:34am | 118Tiffany & Co (NYSE: TIF) soared 7.75% to $68.00 in the pre-market trading. TIF reported upbeat second-quarter results and raised its forecast for the year. Pandora Media Inc (NYSE: P) surged 4.25% to $13.00 in the pre-market session. Pandora Media reported better-than-expected adjusted second...
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Earnings Roundup
Wednesday, August 24, 2011 - 9:20am | 1034Toll Brothers Inc (NYSE: TOL) reported a higher Q3 profit, but narrowed its home delivery outlook for the year. Toll Brothers reported its quarterly earnings at $42.1 million, or $0.25 per share, up from $27.3 million, or $0.16 per share, in the year-ago period. Excluding items, Toll Brothers'...
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J.P. Morgan Maintains Overweight on Sprint Nextel
Wednesday, August 24, 2011 - 8:16am | 137J.P. Morgan is out with its report today on Sprint Nextel (NYSE: S), maintaining Overweight. In its report, J.P. Morgan writes, "We see Sprint as the stock in our universe with the largest potential upside due to its continued operational turnaround and opportunity to expand margins from the...
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Financial Breakfast for August 24, 2011
Wednesday, August 24, 2011 - 7:42am | 521This is your Benzinga news summary and traders' outlook for Wednesday, August 24, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading lower. At last check, Dow futures are down about 75 points and the U.S...
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Piper Jaffray Maintains Overweight on Sprint
Wednesday, August 24, 2011 - 7:29am | 72Piper Jaffray is out with its report today on Sprint (NYSE: S), maintaining Overweight. In its report, Piper Jaffray writes, "The Wall Street Journal reported yesterday that Sprint is to get the next generation iPhone in mid-October. This is in-line with our thoughts published earlier this summer...
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A Peek Into The Market Before The Trading Starts
Wednesday, August 24, 2011 - 7:27am | 390Pre-open movers US stock futures are lower this morning, as investors are awaiting data on demand for durable goods. Futures for the Dow Jones Industrial Average dipped 99 points to 11,042.00 and S&P 500 index futures fell 10.60 points to 1,148.00. Nasdaq 100 futures dropped 18.50 points to 2,...
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Sprint to Carry iPhone 5 by Mid-October: WSJ
Wednesday, August 24, 2011 - 6:28am | 258Sprint Nextel (NYSE: S) will begin selling its own version of Apple's (NASDAQ: AAPL) popular iPhone by mid-October, the Wall Street Journal reported Wednesday, citing unnamed sources. The move would allow Sprint to become the third U.S. wireless provider to carry the iPhone. The device has been...
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China Unicom Reports 9% Decline In First-Half Net Profit
Wednesday, August 24, 2011 - 5:50am | 80China Unicom (Hong Kong) Ltd (NYSE: CHU) reported a 9% decline in its first-half net profit. China Unicom's net profit for period came in at CNY2.65 billion, versus a restated CNY2.92 billion, in the year-ago period. However, analysts were expecting a net profit of CNY1.28 billion. China Unicom'...
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Who Isn't Going to Have an iPhone in 2012?
Tuesday, August 23, 2011 - 5:39pm | 420Rumors circulating on various newswires claimed that Sprint (NYSE: S) will be selling the iPhone 5. If this actually occurs, the duopoly claimed by Verizon (NYSE: VZ) and AT&T (NYSE: T) will be nullified, affording cost-cutting customers an extra option. Sprint is known to be a large carrier...
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Sprint Nextel Screams Higher
Tuesday, August 23, 2011 - 3:19pm | 129Shares of Sprint Nextel (NYSE: S) are sprinting higher this afternoon; currently, shares are higher by 9.20%, trading at $3.56. The stock has been moving largely lower over the past three months, recently bouncing off of the $3.00 level. Sprint Nextel is now finding initial resistance at the 13-...
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3 High Yield ETFs To Watch For August
Tuesday, August 23, 2011 - 10:56am | 385Investors don't mind taking risks or seeing fluctuating prices, but they do mind the return of profitability. When selecting exchange traded funds (ETFs) amongst the competition, a few things should be taken into consideration; the ETF should have a certain level of assets and have a good visible...
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UPDATE: Bank of America Lowers PT on Leap Wireless International from $20 to $14
Tuesday, August 23, 2011 - 7:17am | 124Bank of America has published a research report on Leap Wireless International (NASDAQ: LEAP) lowering the price target. In the report, Bank of America wrote, "We have calculated what we call ‘liquidation' value many times for LEAP. We define it as basically selling off the piece parts of LEAP in...
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Cellcom Israel Announces Purported Class Action Filed Against the Company
Tuesday, August 23, 2011 - 6:50am | 113Cellcom Israel Ltd. (NYSE: CEL) announced that a purported class action lawsuit against the Company and two other cellular operators was filed in the District Court of Central Region, by plaintiffs alleging to be subscribers of the defendants. The plaintiffs allege that the defendants unlawfully...
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Bank of America Lowers PO On Leap Wireless To $14
Tuesday, August 23, 2011 - 5:49am | 28Bank of America has lowered the price objective on Leap Wireless (NASDAQ: LEAP) from $20 to $14 and maintains its Buy rating.
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Friday's NASDAQ Top Gainers
Monday, August 22, 2011 - 3:23pm | 552Clearwire Corporation (NASDAQ: CLWR) Gains 30% POINT ROBERTS, Aug. 22, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 19, 2011. Clearwire Corporation was the biggest percentage gainer in Friday...