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A Peek Into The Market Before The Trading Starts
Thursday, September 30, 2010 - 8:20am | 499Pre-open movers US stock futures moved down slightly, after disappointing news from Ireland and Spain. The jobs data of Germany offset some of the decline in Europe. Futures on the Dow Jones Industrial Average fell 4 points to 10,776. S&P 500 futures dropped 2.20 points to 1,139 and Nasdaq 100...
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Facebook, Skype, And The End Of The Phone Company
Thursday, September 30, 2010 - 7:46am | 186There are rumors that Skype, the Voice over Internet Protocol service, and social network Facebook may join forces. Each has hundreds of millions of members. In Facebook's case, the number is over 500 million. Skype claims more than 400 million subscribers. AllThingsDigital reports that “Facebook's...
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USA Mobility Announces Executive Realignment
Wednesday, September 29, 2010 - 4:03pm | 225USA Mobility, Inc. (Nasdaq: USMO), a leading provider of wireless messaging and communications services, today announced several changes to its executive management team. Shawn E. Endsley, previously the Company's Controller since June of 2004, has been promoted to the position of Chief Financial...
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Benzinga's Top Downgrades (AZN, SM, TKC, MFE)
Wednesday, September 29, 2010 - 7:42am | 150AstraZeneca Plc (NYSE: AZN) was downgraded by RBS from “outperform” to "neutral." AZN's shares closed at $52.02 yesterday. AstraZeneca's earnings are likely to dip 2.20% in the next five years. Jefferies downgraded SM Energy Co (NYSE: SM) from "buy" to "hold." SM's shares closed at $37.53 yesterday...
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Citi Raises Price Target On NII Holdings (NIHD)
Wednesday, September 29, 2010 - 7:01am | 123Citi Investment Research is raising its price target on shares of NII Holdings, Inc. (NASDAQ: NIHD) to $55 from $50, and keeping its Buy/High Risk rating, after company management went on a roadshow in Europe. In the research note, Citi writes, "NII's balance sheet is suitably funded (Net debt/FY12...
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UBS Downgrades TKC To Sell
Wednesday, September 29, 2010 - 6:27am | 42Analysts at UBS downgrade Turkcell Iletisim Hizmetleri AS (NYSE: TKC) from "neutral" to "sell." Shares of TKC gained 0.60% to close at $16.84 yesterday. More Analyst Ratings here
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, September 28, 2010 - 9:30am | 347Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acorn Intl Inc (ATV) Aeropostale Inc (ARO) America Movil SAB de CV (AMX) Ameron International Corp (AMN) Boston Pvt Fin Holdings Inc (BPFH) View the entire Zacks #5 Rank List. AMERON INTL CP (AMN): Free Stock Analysis...
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Benchmark Company Bullish On American Tower
Monday, September 27, 2010 - 10:32am | 162Last week, Benchmark met with American Tower's (NYSE: AMT) management and remains bullish on the stock. American Tower seeks to further expand its tower portfolio from 34,000 towers to 50,000. Benchmark believes the most likely sizeable acquisition would be a carrier portfolio located in the US or...
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iPhone Pre-Orders Exceed 200,000
Monday, September 27, 2010 - 10:16am | 121China Unicom (NYSE: CHU) has stopped taking orders on line due to such strong demand on pre-orders for Apple's (NASDAQ: AAPL) iPhone 4, which have exceeded 200,000. About 60,000 buyers had received phones through China Unicom so far, the mobile operator said in a statement. By comparison, it took...
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iPhone Pre-Orders Exceed 200,000
Monday, September 27, 2010 - 10:15am | 121China Unicom (NYSE: CHU) has stopped taking orders on line due to such strong demand on pre-orders for Apple's (NASDAQ: AAPL) iPhone 4, which have exceeded 200,000. About 60,000 buyers had received phones through China Unicom so far, the mobile operator said in a statement. By comparison, it took...
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Demand for iPhone 4 Exceeds Supply in China
Monday, September 27, 2010 - 9:01am | 105It seems excitement about Apple's (Nasdaq: AAPL) iPhone is truly global, as demand for iPhone 4 handsets has outstripped supply, according to China Unicom (NYSE: CHU). Sales of the popular smartphone, which launched in China Saturday, came at a faster pace than sales of previous versions. More than...
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Oppenheimer Sees Positive Trends For Syniverse (SVR)
Monday, September 27, 2010 - 6:48am | 88Oppenheimer & Co. sees positive global trends for Syniverse Holdings, Inc. (NYSE: SVR) due to improving air travel. It has a $26 price target on shares. In the research note, Oppenheimer writes, "We believe messaging (~31% of Q2 revenue) continues to see healthy demand driven by customer...
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Asia's Digital Dragon: $80 Billion and 1.1 Billion Users by 2015
Friday, September 24, 2010 - 5:28pm | 1640By Dian L. Chu, Economic Forecasts & Opinions With just over 1.3 billion people (as of mid-2008), China accounts for about 20 percent of the world population and needless to say, is the world's largest and most populous country. Although the country's population growth has been somewhat...
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Televisa Wireless Venture Stalled - Analyst Blog
Friday, September 24, 2010 - 2:54pm | 562Grupo Televisa S.A. (TV), the undisputed leader in the Mexican broadcast market, suffered yet another setback in its bid to enter the lucrative wireless market of Mexico. Yesterday, a court ruling prevented Mexico's Telecommunications Ministry from allotting a slot of wireless spectrum for which...
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CTL-Q Merger Clears 9 States Hurdle - Analyst Blog
Friday, September 24, 2010 - 2:54pm | 720CenturyLink's (CTL) pending acquisition of the third-largest U.S. local phone service operator, Qwest Communications (Q), received approval from the regulators of nine states –– California, Georgia, Hawaii, Louisiana, Maryland, Mississippi, New York, Ohio and West Virginia. The pending merger...