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Sources: SoftBank And Sprint Set To Decide On Possible T-Mobile Bid Soon
Thursday, February 6, 2014 - 2:17pm | 601Read More...In business, one way to eliminate competition is to buy it out. SoftBank founder, Masayoshi Son and Sprint (NYSE: S) CEO, Dan Hesse, are in the midst of making just such a decision with regards to T-Mobile US (NYSE: TMUS), according to Bloomberg. Of course, Son and Hesse would strongly argue...
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Market Wrap For January 29: Markets Lower on Fed Taper, Emerging Markets Worries
Wednesday, January 29, 2014 - 6:38pm | 2416Read More...U.S. stocks were unable to keep yesterday's momentum and ended the day sharply lower. The Dow suffered yet another triple digit decline with the S&P 500 and Nasdaq indices shedding more than one percent. In Ben Bernanke's final meeting as Fed chief, the FOMC tapered its monthly bond...
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AT&T Down 1% After Q4 Earnings Beat
Tuesday, January 28, 2014 - 5:30pm | 350Read More...AT&T (NYSE: T) is down more than one percent after the company reported its fourth quarter results. The telecommunications giant reported a Q4 EPS of $0.53 versus the Street estimate of $0.50. Earnings per share were up 20 percent from the year-ago period. Revenue arrived at $33.2 billion...
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Earnings Expectations For The Week Of January 27: Facebook, Google, Apple And More
Monday, January 27, 2014 - 7:56am | 982Read More...The earnings crunch is on this week. Highlights will include reports from Amazon.com, Apple, Boeing, Comcast, Facebook, Google and Yahoo! All of them are expected to report year-over-year growth in per-share earnings. But analysts are looking for declining profits from the likes of Caterpillar,...
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Sprint Innovates with Spark, Can Verizon And Others Keep Up?
Friday, January 24, 2014 - 4:06pm | 348Read More...In a report published Wednesday, FierceWireless confirmed that Sprint (NYSE: S) will not bring back the Nextel brand for enterprise following contrary rumors. FierceWireless interviewed Matt Carter, President of Sprint Enterprise Solutions, who commented that he did not hear anything about the...
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Verizon Earnings Preview: Double-Digit EPS Growth To Continue?
Sunday, January 19, 2014 - 2:27pm | 750Read More...Verizon Communications (NYSE: VZ), which won a victory in the U.S. Court of Appeals last week in a case about whether the FCC had the authority to enforce net neutrality, is scheduled to report its fourth-quarter and full-year 2013 results Tuesday, January 21, before the opening bell. Investors...
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Market Wrap For January 3: Bernanke Speaks As Fed Chairman For Last Time; Markets Little Moved
Friday, January 3, 2014 - 5:29pm | 1497Read More...Fed Chairman Ben Bernanke took to the podium today in what many consider to be his farewell speech. During his tenure, Bernanke developed the nickname "Helicopter Ben," which is likely to stick with him for some time. Bernanke noted, "The FOMC's decision to modestly reduce the pace of asset...
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Four Of 2013's Most Disappointing Stocks
Friday, December 27, 2013 - 1:01pm | 788Read More...With the Dow Jones Industrials posting year-to-date gains over 26 percent investors and analysts are expecting markets to see a strong finish in 2013. Nevertheless, there have been a number of market clunkers that have had the misfortune of woefully underperforming to this point in the year....
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How Big A Role Will U.S. Regulators Play In A Potential T-Mobile Takeover?
Thursday, December 26, 2013 - 12:26pm | 618Read More...T-Mobile US (NYSE: TMUS) is a takeover target. That much seems almost certain. Whether it will eventually be acquired by Sprint (NYSE: S), Dish Network (NASDAQ: DISH) or someone else is open to debate. As the various players position themselves, one entity stands ready to make or break any...
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Verizon Will Be First To Report Details About Government Data Requests
Friday, December 20, 2013 - 12:10pm | 590Read More...Setting a precedent for the telecom industry, Verizon (NYSE: VZ) said Thursday that beginning next year it would publish detailed reports on the number of government requests it receives for customer data, according to The Associated Press. Verizon said it would publish its first report online...
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Target's Best 2013 Christmas Tech Deals
Thursday, December 19, 2013 - 3:46pm | 490Read More...Cyber Monday and Black Friday may be over, but that doesn't mean the savings have come to an end. Target (NYSE: TGT) has a number of notable sales this week, including a temporary price cut on the Beats by Dr. Dre Solo HD On-Ear Headphones. Normally retailing for $179.99, the headphones now...
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Is Dish About To Pounce On T-Mobile?
Thursday, December 19, 2013 - 12:21pm | 653Read More...First, there were rumors that Sprint (NYSE: S) was flirting with the notion of acquiring T-Mobile US (NYSE: TMUS). Despite a pretty good case for a possible merger made by The Wall Street Journal, there was and is a catch: Should such a merger be approved, the market would end up dominated by...
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Market Wrap For December 17: Markets Relatively Calm Before The Potential Storm
Tuesday, December 17, 2013 - 5:51pm | 2637Read More...The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...
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Sprint, T-Mobile Merger Faces at Least Four Major Hurdles
Monday, December 16, 2013 - 9:47am | 548Read More...On Friday, rumors began circulating that Sprint (NYSE: S) was preparing a bid for small rival T-Mobile (NYSE: TMUS). Even if the rumors are true, it doesn’t appear that Sprint would make an offer until sometime during the first half of 2014. But, a rumor that likely wouldn’t come to fruition...
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AT&T CEO Says Smartphone Subsidies Must End
Thursday, December 12, 2013 - 9:52am | 588Read More...AT&T(NYSE: T) CEO Randall Stephenson at an investor conference in New York Tuesday said wireless operators could no longer afford to subsidize the cost of constant smartphone upgrades for customers. Noting that smartphone penetration was more than 75 percent and would soon reach 90 percent...















