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NTT DoCoMo (DCM) Reaches Initial Support Level, Watch for 0.92% Additional Downside
Tuesday, May 11, 2010 - 3:11pm | 10Comtex SmarTrend Market Close Wrap-up -- May 11,2010 (DJI,INX,IXIC)
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Bears Dial Millicom Cellular
Tuesday, May 11, 2010 - 11:36am | 108Shares of Millicom International Cellular (NASDAQ: MICC) are up on the session by 0.71% to $87.12; shares are now trading right on the 50-day moving average from the downside. Technical resistance looks strong at this level, though; a break to the upside seems unlikely. Options traders in Millicom...
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Bears Dial Millicom Cellular
Tuesday, May 11, 2010 - 11:36am | 108Shares of Millicom International Cellular (NASDAQ: MICC) are up on the session by 0.71% to $87.12; shares are now trading right on the 50-day moving average from the downside. Technical resistance looks strong at this level, though; a break to the upside seems unlikely. Options traders in Millicom...
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Company News for May 11, 2010 - Corporate Summary
Tuesday, May 11, 2010 - 9:30am | 197• Fluor (NYSE:FLR) reported better-than-expected first quarter earnings of 76 cents. Revenue was $4.9 billion, which fell shy of Street estimates of $5.1 billion. • Legg Mason (NYSE:LM) posted fiscal fourth quarter earnings, which were 4 cents better-than-expected, at 39 cents. Revenue was $671...
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McDonald’s Loses Its Marketing Chief (MCD)
Monday, May 10, 2010 - 6:25pm | 147McDonald’s (NYSE: MCD) global chief marketing officer Mary Dillon has filed her resignation, which will be effective from May 18. She is slated to join United States Cellular Corp. (NYSE: USM) as president and chief executive on June 1. Ms. Dillon oversaw marketing for the past five years at...
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McDonald’s (MCD) Looking For A New CMO
Monday, May 10, 2010 - 6:12pm | 95Following Mary Dillon’s resignation, McDonald’s Corp. (NYSE: MCD) is looking for a new Chief Marketing Officer. Dillon, 48, had joined McDonald’s in 2005 and took the company to new heights. Prior to her stint with McDonald’s, she worked with PepsiCo (NYSE: PEP). Dillon will be joining U.S....
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SVR’s Roaming And Messaging Show Positive Gains
Monday, May 10, 2010 - 3:11pm | 107Analysts at Oppenheimer & Co said that Syniverse Holdings Inc (NYSE: SVR) has posted its Q1 cash EPS and revenues significantly higher than the consensus. Syniverse Holdings had also posted organic revenue growth, adjusted for acquisitions and Sprint/Alltel in-sourcing contract, came in at 8...
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Sprint Introduces Lowest Priced Mobile Plan (S)
Thursday, May 6, 2010 - 2:06pm | 152Sprint Nextel Corp. (NYSE: S) has introduced a new prepaid plan which the company claims will be the lowest priced wireless plan. MarketWatch has reported that the mobile carrier will charge $25 a month for its new Beyond Talk plan. The plan will feature unlimited email, text messaging and...
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PCS Posts Strong Q1 Results on Better Adds
Thursday, May 6, 2010 - 12:21pm | 177Analysts at Citigroup maintain their "hold" rating on MetroPCS Communications Inc (NYSE: PCS). The target price for PCS is set to $9. PCS had posted strong Q1 results, with the EPS and revenues well above expectations. According to the analysts, “Strong results were driven by net adds of 692k...
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Protection Purchased on China Mobile
Thursday, May 6, 2010 - 11:46am | 97Shares of China Mobile (NYSE: CHL) are moving higher today by 0.73% to $47.70; this comes after nearly two weeks of straight selling in the name. China Mobile was trading as high as $52.00 on April 15th. The stock is now trading below both the 50-day and 200-day moving averages, signaling...
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MetroPCS (PCS) Reports $22.7 Million In First-Quarter Profit ; Shares Surge
Thursday, May 6, 2010 - 10:26am | 85MetroPCS Communications, Inc. (NYSE: PCS) has reported its first-quarter results. The company has reported first-quarter profit of $22.7 million, or $0.06 per share, compared with a profit of $44 million, or $0.12 per share it reported for the same period last year. Revenue increased by 22% to $...
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MetroPCS (PCS) EBITDA Climbs 13%
Thursday, May 6, 2010 - 9:30am | 98MetroPCS Communications, Inc. (NYSE: PCS) announced on Thursday morning earnings in line with consensus Wall Street EPS estimates, while beating EBITDA estimates. MetroPCS Communications, Inc. reported that its 1st quarter net income fell to $22.7 million, or 6 cents per share, down from $44...
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Benzinga’s Top Pre-Market Losers (JDSU, OSUR, MKTAY, COST, VOD)
Thursday, May 6, 2010 - 9:11am | 156JDS Uniphase Corporation (NASDAQ: JDSU) lost 7.52% to $12.67 in the pre-market session. JDSU had significantly narrowed its losses in fiscal Q3. OraSure Technologies Inc (NASDAQ: OSUR) tumbled 5.56% to $5.95 in the pre-market session. OSUR had reported its Q1 revenues at $17.9 million. Makita Corp...
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Benzinga's After Hours Gainers (FLS, PCS, STX)
Wednesday, May 5, 2010 - 6:20pm | 173Among the notable names that are moving higher in the after hours are Flowserve (NYSE: FLS), MetroPCS Communications (NYSE: PCS) and Seagate Technology (NASDAQ: STX). Shares of Flowserve (FLS) have jumped 4% to $111.48 in late trading after the company reported better than expected earnings. FLS...
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Benchmark Reiterates Their "Buy" Rating On SBA Communications (SBAC)
Wednesday, May 5, 2010 - 1:17pm | 110SBA Communications Corp. (NASDAQ: SBAC) performed well in the first quarter and reported strong earnings numbers. The company also raised its full year guidance. SBA Comm. (SBAC) raised its revenue and OIBDA guidance midpoints by $5 million and $4 million respectively. Its new targets stand at $...