Verizon Communications Inc. (NYSE: VZ) reported first quarter earnings this morning, and the US’s second-largest wireless carrier mostly met or slightly exceeded expectations. The company’s EPS came in at $0.59 compared with…
The introduction of the Lumia 900 smartphone from Nokia Corp. (NYSE: NOK), Microsoft Corp. (NASDAQ: MSFT), and AT&T Inc (NYSE: T) was not exactly a thing of beauty. First, the launch was…
Shares of Nokia Corp. (NYSE: NOK) have hit new 52-week low of $4.01 today following a downgrade from Barclays. And the hits just keep on coming. The company’s credit default swaps (CDS)…
Markets opened slightly higher this morning and about an hour before the markets close all three major indexes are more than 1% higher. The report on new unemployment claims was weaker than…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. Adtran Inc. (NASDAQ: ADTN) Reiterated Buy with $39 target at Argus. Agrium Inc. (NYSE:…
Earlier this morning Nokia Corp. (NYSE: NOK) issued a warning on first and second quarter revenue and earnings, but that wasn’t all the bad news the company had coming today. Nokia’s Sunday…
Despite the fact that Easter and Passover holiday may not be the best time to launch a new product, Amazon. com Inc. (NASDAQ: AMZN) reports that the Lumia 900 from Nokia Corp.…
Lists of top-sellers at single destinations do not always equate to broad-reaching trends around the entire nation nor around the entire globe. Still, when you see a surprise like this it tends…
AT&T Inc. (NYSE: T) announced this morning that it had sold its advertising solutions and interactive divisions to an affiliate of Cerberus Capital Management LLC for $750 million in cash, a $200…
Paul Ausick The first quarter earnings reports will start to dribble out this week and expectations have been tempered in recent trading days ahead of Alcoa Inc. (NYSE: AA) on Tuesday afternoon. The stock…
AT&T (NYSE: T) cannot fire workers it does not want. Sony (NYSE: SNE) easily can fire its unwanted workers. Leverage is at the heart of employee power, now that the recession has ended and companies…
Sony (NYSE: SNE) to fire 10,000 people as its tries to improve its long-term profit growth. (Nikkei) The number of U.S. public jobs continues to fall along with tax receipts. (Reuters) Iraq…
Jon OggEarnings season is almost upon us for the first quarter of 2012. There is some growing caution over company expectations on the heels of a massive rally where the DJIA rose…
General Communications Inc. (NASDAQ: GNCMA), a wireless carrier in Alaska, has added the iPhone from Apple Inc. (NASDAQ: AAPL) to its roster of available phones. The interesting thing about this is that…
Apartment vacancy rates reach a 10-year low, according to Reis. (Reuters) Tom Glocer, the departing head of Thomson Reuters (NYSE: TRI), makes $20 million. (Reuters) China’s premier, Wen Jiabao, says the monopoly…
