Analysts have hoped that the rate at which Americans become unemployed will slow in the second half of 2009. There has been some evidence that the period in which the economy would lose…
Short sellers are will to bet, at least for now, that the worst of the banking earning crisis is over. Short interest in a number of large financial companies fell sharply for…
AT&T (T) appropriately makes the point that its earnings now are driven by its cellular business and its new fiber broadband. The company now has 79.6 million wireless subscribers. The Apple (AAPL)…
AT&T’s (T) wireless, broadband, and U-verse TV subscription businesses all did well in the second quarter. Buried a bit deep in the press release about earnings was the fact that AT&T had…
Amazon’s (AMZN) Kindle e-book reader has access to the Internet through the Sprint (S) network. The e-commerce firm’s rival, Barnes & Noble (BKS), has done the Kindle one better. It will connect…
Wall St. analysts expect Apple’s earnings to do better than estimates. This is not surprising. Apple (AAPL) has a history of setting low expectations about its figures and then beating them handily.…
This week will mark the first crest of earnings season as we have 11 of the 30 DJIA components reporting earnings this week alone. On Tuesday, we have earnings from Caterpillar Inc.…
What started as a qu ery to the FCC last month by Sen. John Kerry, (D-Mass.), and a handful of other senators asking whether exclusive deals between carriers and cell phone makers…
Cellular providers including Sprint (S), AT&T (T), and Verizon Wireless (VZ)(VOD) have had the broadband wireless market all to themselves. WiFi offered some modest competition, but its service only works within a…
Yahoo! (YHOO) and Google (GOOG) actually have something to worry about, if Steve Ballmer is not bluffing. The Microsoft (MSFT) CEO says that he company is prepared to spend 5% to 10%…
Reuters: Investors are putting money into emerging markets except Eastern Europe. Reuters: Stanford will go to court for a $8 billion fraud allegation. Reuters: RIM’s (RIMM) outlook disappointed. Reuters: CEOs at bailed out…
These are the top pre-market analyst downgrades or cautious research calls we have seen from Wall Street this Thursday morning with about two hours until the market opens: AT&T (T) Started as…
Reuters: Obama proposed sweeping reform for financial industry. Reuters: A number of large banks repaid TARP. (JPM)(GS)(BBT)(COP)(STT)(AXP)(USB) Reuters: Consumer prices show inflation is in check. Reuters: China could still be a big…
Reuters: The US faces a long period of economic stagnation. Reuters: Obama will release plans for a financial market overhaul. Reuters: The White House will not help California fix its deficit. Reuters: …
Palm (PALM) may not have had much of a choice in terms of which cellular company was going to market its new Pre. AT&T (T) and Verizon Wireless (VZ)(VOD) were probably not…
