For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ... Read Full Story »
T-Mobile, the fourth-largest wireless company in the United States, needs a buyer, not a partner. However, the chances that a buyer will materialized are unlikely, and even parent Deutsche Telekom ... Read Full Story »
Sprint-Nextel (NYSE: S) began a new program to gain customers which may be desperate or brilliant. An evaluation of the results may end up being more important than Sprint's initial intension. Sprint will ... Read Full Story »
The three major US stock indexes opened somewhat higher this morning as investors paid little attention to last night’s downgrade of Spain’s banks (more coverage here). With little economic data ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Angie's List, Inc. (NASDAQ: ANGI) Started as Outperform at Raymond James. ... Read Full Story »
Earlier this week, Rebekah Brooks, former CEO of the now-defunct British tabloid News of the World, was arrested on conspiracy to pervert the court of justice. The case against Brooks ... Read Full Story »
We noted earlier this morning that Verizon Wireless, the joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone Group plc (NASDAQ: VOD), will not offer unlimited data plans to ... Read Full Story »
The debate over the state of the housing market continues to seesaw. RealtyTrac reported that April foreclosures fell again and are now back to July 2007 levels. But the research operation’s ... Read Full Story »
T-Mobile, the wireless operation of Deutsche Telekom, probably will never recover from a failed takeover bid by AT&T (NYSE: T). The FCC and the U.S. Department of Justice killed the ... Read Full Story »
Rumors persist, most recently reported by Bloomberg, that Apple (NASDAQ: AAPL) will launch a new super-thin line of laptops. The latest version of the MacBook will be powered by Intel (NASDAQ: INTC) ... Read Full Story »
Customer satisfaction with wireless subscriber companies steadied last quarter according to the widely followed American Customer Satisfaction Index. On a scale on which 100 is the best score, AT&T (NYSE: ... Read Full Story »
Apple Inc. (NASDAQ: AAPL) may have pulled back but this is still the darling of America. Most analysts have stepped all over themselves to raise their estimates and their price ... Read Full Story »
MetroPCS Communications, Inc. (NYSE: PCS) had a stellar Wednesday on rumors and talk that Deutsche Telekom may be wanting to roll the no-contract and prepaid wireless outfit into its T-Mobile operations. ... Read Full Story »
Short sellers moved aggressively into the shares of companies with weak financial prospects and stock prices. According to data from the NYSE and Nasdaq, for the period that ended April ... Read Full Story »
Shares of MetroPCS Communications Inc. (NYSE: PCS) and Leap Wireless International Inc. (NASDAQ: LEAP) are shooting up today following a report at Bloomberg News that German phone company Deutsche Telekom ... Read Full Story »