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Why Gogo Plunged 25 Percent In After Hours Trading Monday
Tuesday, April 29, 2014 - 9:04am | 580Read More...If you’re long Gogo (NASDAQ: GOGO) you were shocked to see the stock plunge more than 25 percent after hours Monday. Investors ran as fast as they could once the surprise announcement hit: a telecommunications behemoth will move into Gogo's territory. AT&T (NYSE: T) announced Monday...
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AT&T Partners With Chernin Group For Netflix-Style Service
Thursday, April 24, 2014 - 9:00am | 700Read More...AT&T (NYSE: T) said it would join forces with the Chernin Group in a $500 million joint venture to create and launch a Netflix (NASDAQ: NFLX)-style video streaming service. According to Gigaom this marked the first potential launch of an OTT TV service by a large U.S. ISP. AT&T is the...
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Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split
Wednesday, April 23, 2014 - 4:46pm | 3441Read More...U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....
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Market Wrap For April 21: S&P 500 Extends Winning Streak To Five Days, Dow & Nasdaq Also Positive
Monday, April 21, 2014 - 4:37pm | 2987Read More...U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...
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Earnings Expectations For The Week Of April 21: Apple, Facebook, GM And More
Sunday, April 20, 2014 - 11:14am | 975Read More...The earnings crunch is underway. Highlights this week include scheduled quarterly reports from Amazon.com, Apple, Facebook, Netflix and Starbucks, which are all expected to post earnings growth, as well as from Ford, McDonald's and Microsoft, for which earnings declines are forecast. Here is a...
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AT&T Threatening To Boycott Wireless Spectrum Auction
Thursday, April 17, 2014 - 8:58am | 550Read More...Spectrum auctions to a communications company are like land auctions to a farmer; there’s not enough going around and if you get the chance to bid, you drop everything to attend. If these auctions are so valuable, why would AT&T (NYSE: T) consider opting out and giving competitors like...
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Oppenheimer: The Technology Revolution Is Nigh
Friday, April 4, 2014 - 7:24am | 851Read More...We are on the verge of huge technological change, according to analysts at Oppenheimer. They see a coming convergence of mobile and cloud computing with telecommunications, in which companies such as DirecTV (NASDAQ: DTV), Rackspace Hosting (NYSE: RAX) and T-Mobile US (NYSE: TMUS) may be may...
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Barron's Recap: Bad News For Putin
Monday, March 31, 2014 - 6:48am | 822Read More...This weekend in Barron's online: the effects of oil at $75 a barrel, the next stage of Obamacare, as well as the prospects for Tesla's Gigafactory, DDR, Exact Sciences and more. Cover Story "Here Comes $75 Oil" by Gene Epstein. The long-term outlook for global oil prices is lower, says this week...
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Speculation Continues About Dish/DirecTV Merger
Thursday, March 27, 2014 - 12:30pm | 619Read More...According to the Los Angeles Times, speculation about a merger between satellite broadcast companies Dish Network (NASDAQ: DISH) and DirecTV (NASDAQ: DTV) pops up about once every six months or so. Based on these rumors, the Times said, Dish and DirecTV stocks get a boost...then time passes,...
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Market Wrap For March 25: Markets Snap Two-Day Losing Steak On Confidence Data
Tuesday, March 25, 2014 - 4:24pm | 1840Read More...U.S. stocks rebounded from a two-day losing streak as investors found plenty of positives in consumer confidence data which hit a six-year high in March. According to the Fed's Philadelphia chief Charles Plosser the Fed sees its bond purchasing program ending in October or November with rate...
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Netflix CEO Calls Interconnection Fees An "Arbitrary Tax"
Friday, March 21, 2014 - 1:10pm | 548Read More...In a blog post Thursday, Netflix (NASDAQ: NFLX) CEO Reed Hastings said content companies like Netflix should be given adequate network connections free of charge. Hasting’s blog post stems from the deal Netflix inked with Comcast (NASDAQ: CMCSA) this past February in which Netflix agreed to pay...
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March Madness' Top Corporate Seeds
Tuesday, March 18, 2014 - 4:14pm | 719Read More...As March Madness fires up this week, office managers all over the country will on guard, to catch employees watching NCAA games or checking their brackets instead of doing their jobs. Lost productivity at basketball tournament time could cost companies up to $1.2 billion, according to...
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U.S. To Give Up Internet Governing Role
Monday, March 17, 2014 - 10:34am | 517Read More...When you want to announce something important you wait until late Friday, right? That’s what the Obama administration did when they announced plans to give up a key role the United States plays in overseeing the Internet. In a press release, the Department of Commerce said that its...
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AT&T Wins FCC Approval - Acquires Leap And Cricket
Friday, March 14, 2014 - 1:25pm | 594Read More...AT&T (NYSE: T) announced Thursday that its $1.3 billion acquisition of Leap Wireless (NASDAQ: LEAP) and its Cricket brand was now complete. The announcement followed a statement by the Federal Communications Commission on its website that it had approved the deal, which had originally been...
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Report: Dish About To Win Huge H Block Spectrum Auction
Thursday, February 27, 2014 - 12:50pm | 614Read More...Dish Network (NASDAQ: DISH) CEO Charlie Ergen’s ship is about to come in. Actually, his H Block spectrum is about to come in, according to the New York Post. But what's he going to do with it? Post sources indicated that the $1.56 billion acquisition would be announced this week. When...
















