Vonage (VG) Is Toast
When word came though that Vonage (VG) had settled its patent suit with Verizon (VZ), the VoIP company’s shares moved up 70% to over $2. The small company has settled another action…
When word came though that Vonage (VG) had settled its patent suit with Verizon (VZ), the VoIP company’s shares moved up 70% to over $2. The small company has settled another action…
According to Reuters, Microsoft’s (MSFT) strong quarter and forecast sent shares up over 10%. Reuters writes that Oracle (ORCL) has turned down BEA Systems’ (BEAS) proposal that the company be sold at…
Radian Group (RDN) Mortgage insurance comanies being beaten to death. Drops to $9.72 from 52-week high of $67.35. MGIC Investment (MTG) Mortgage insurance company has big loss, cuts dividend. Falls to $16.28…
Analysts expected EPS of $.18 from Comcast (CMCSA) based on $7.76 billion in revenue. For the third quarter, revenue moved up 21% to $7.781 billion. EPS hit $.18. Operating cash flow moved…
Below are the short positions for major companies traded on the Nasdaq as of October 15. The figures compare to numbers on September 28, 2007 Traders bet big on Sun’s turnaround, dropping…
Mario Gabelli and other investors do not want to let Cablevision’s (CVC) founding family to take the company private at their current offer price of about $34. The investors think the company…
Shares in Cablevision (CVC) and The New York Times (NYT) are both off about 3% today. Cablevision’s shares are down because its large shareholders don’t want the company sold. The Times is…
Most LBO’s these days get killed because buyers develop remorse over a high price and the tough borrowing environment. At Cablevision (CVC) all of that has been turned on its head. The…
Cablevision (CVC) is supposed to go private in a transaction lead by the company’s founding Dolan family. The shares currently trade at $34. Uber-fund manager Maria Gabelli, whose investment companies hold 8%…
Below is the short interest for selected stocks traded on the Nasdaq. The figures are as of September 28 and compare to numbers as of September 14, 2007. Largest Short Positions Company …
Cable companies had all of the competitive advantages. They could offer broadband, TV, and voice service in one package. Satellite TV could only offer television. Telecom companies had slow DSL, and building…
In a suit filed in U.S. District Court, an advertising agency has charged Verizon (VZ) with inflating the number of FiOS fiber-to-the-home subscriptions that it has by adding "pending" customers to the…
Telecom was supposed to be a business that time had passed by. VoIP, cable, and wireless internet technology like city-wide WiFi was going to bury the phone companies. But, last week AT&T…
Unlike Yahoo! (YHOO) in the US, Yahoo! Japan shares are in the middle of their 52-week trading range. And, the Yahoo! sites lead all others in terms of total unique visitors, According…
Short interest in several large Nasdaq traded companies fell sharply in September. The figures are calculated as of September 14 and are compared to numbers from August 15, 2007. Short interest in…