Verizon Wireless’s 4G superfast wireless network has been down intermittently. That could drive off customers. And the network is at the heart of Verizon’s (NYSE: VZ) campaign to gain customers from AT&T Wireless…
The continued rise in tobacco stocks is certainly cheered by tobacco stock investors who own the stocks for the high dividends. The problem is that there seems to be a phantom premium now…
When AT&T Inc. (NYSE: T) killed the $39 billion deal for T-Mobile USA it had agreed to with Deutsche Telekom AG (OTC: DTEGY), the $4 billion break-up fee going to DT is…
Earlier this month Verizon Wireless, the joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone plc (NASDAQ: VOD), paid $3.6 billion for spectrum licenses belonging to SpectrumCo LLC, a joint venture…
Prosecutors raid Olympus to gain data in a probe of the accounting scandal at the company. (Reuters) Bank of Japan says it will hold to current policies as the economy in the…
Italy’s GDP dropped o.2% from the second quarter to the third. This will undermine hopes that expansion coupled with austerity will quickly bring Italy’s deficit lower. That, in turn, should bring down…
Douglas A. McIntyre US equity markets opened sharply higher this morning and have been able to sustain and even add to those gains throughout the day. Business and consumer confidence indexes in Europe were higher,…
Markets moved up at the open with the DJIA higher by over 200 points. Market leaders included Sprint-Nextel (NYSE: S), up nearly 5% as the AT&T (NYSE: T) deal with T-Mobile was…
Brightpoint Inc. (NASDAQ: CELL) is being called a winner now that AT&T Inc. (NYSE: T) has dropped its planned acquisition of T-Mobile. Canaccord Genuity is reiterating its “Buy” rating and its $14.00…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage research calls this Tuesday morning. Amgen Inc. (NASDAQ: AMGN) Added to Strong Buy List at Zacks…
Throughout December we have been giving updates on dividends that will rise in the coming days and weeks from the 30 Dow Jones Industrial Average stocks. Many have already come true and…
The UK says it will not contribute to a new IMF-based 150 billion euro package for use in bailing out regional economies. The UK government senses that as it pushes it own austerity to…
AT&T (NYSE: T) gives up on its effort to buy T-Mobile. (Reuters) Apple (NASDAQ: AAPL) wins a patent case over HTC in the smartphone wars. (Reuters) Olympus will sell shares to Sony…
Markets across the world mostly rose. They ignored potential trouble from succession issues in North Korea and a spread of the eurozone debt problem. North Korea seems stable for now. A new IMF…
Douglas A. McIntyre AT&T (NYSE: T) has ended its quest to buy No.4 US cellular company T-Mobile for $39 billion. It will pay T-Mobile parent Deutsche Telekom a $4 billion break-up fee. The future of…
