A deal for Sprint Nextel (NYSE: S) to buy Metro PCS as a means of adding to its troubled subscriber base, has been killed–presumably by the Sprint board. It is one of the…
Wireless carrier T-Mobile USA plans to spend about $4 billion to build out its own 4G LTE network. Oddly enough, the $4 billion is likely coming from a cancellation fee paid by…
Google has applied to provide TV products to homes in Kansas City, Mo. The media has pointed out that this puts the search company into direct completion with cable TV. The offering would also include high…
Comcast (NASDAQ: CMCSA) announced that it will offer a new streaming service to current TV and internet subscribers. The service, called Xfinity Streampix, will have a library of 75,000 television shows and movies.…
Moody’s may cut Morgan Stanley (NYSE: MS) and UBS (NYSE: UBS) as the global euro crisis spreads. (Reuters) Officials in Japan arrest former Olympus executives. (Reuters) Congress reaches a deal on payroll tax…
The latest report from Cisco Systems Inc. (NASDAQ: CSCO) on mobile data traffic offers any number of ‘gee whiz’ moments, but perhaps the most telling is the absolute explosion expected in data…
Updated throughout the day on the 24/7 Wall St. Wire Apple (NASDAQ: AAPL) is at work on a small screen iPad with an 8 inch screen (WSJ) AT&T (NYSE: T) and Verizon…
The relentless attack by U.S. credit rating agencies on the risk of the sovereign debt of EU members continues. It happened again yesterday when Moody’s downgraded a number of nations just after a deal was set for…
Google (NASDAQ: GOOG) gets approval from the European Commission and the U.S. to buy Motorola Mobility (NYSE: MMI). (Reuters) Boeing (NYSE: BA) signs a $22.4 billion deal with Lion Air. (Reuters) Moody’s…
AT&T Inc. (NYSE: T) is announcing the introduction of its “virtual private cloud” as a service along with VMware Inc. (NYSE: VMW) with VMware vCloud Datacenter Service. This is not for Joe Public…
AT&T Inc. (NYSE: T) is planning to issue a benchmark offering of 3-, 5-, and 10-year notes as coupons on corporate bonds are approaching the record low of 3.45% set last August.…
Verizon Communications Inc. (NYSE: VZ) may raise all of this or none of it. The telecom giant filed its automatic shelf registration statement today with the SEC and the amount that the…
Toshiba cuts its profit forecasts and lowers guidance. (Reuters) Honda (NYSE: HMC) posts a 65% drop in profits and cuts its outlook because of the yen and Thai floods. (Reuters) Twenty-five nations,…
Jon OggThis last week brought many new analyst calls in key stocks. At the end of each week we review research calls looking for the best gems, the calls that made serious…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. The Allstate Corporation (NYSE: ALL) Started as Outperform at…
