These are ten of the top analyst upgrades and downgrades from Wall Street this Monday morning with more than two hours until the market opens: AT&T (T) Raised to Buy at Goldman…
People in the wireless industry have been talking about what will replace 3G networks in the next two or three years. AT&T (T), Verizon (VZ), Sprint (S), and their peers overseas need…
Some of the companies that need to let people go have lost such a large portion of their sales that they have virtually no choice but to cut staff. That certainly holds…
According to Reuters, Motorola (MOT) is betting much of its future on the Google (GOOG) Android phone system. Reuters reports that car sales hit a 27-year low. Reuters reports that Obama plans…
S&P has reported that the dividends of companies in its S&P 500 index are being cut at the fastest rate in fifty years. A report by the Associated Press says that even…
Over the last two years, in the PC business Michael Dell has been beaten like a rented mule. His company continues to lose market share particularly in the US. Industry analysts would…
More and more companies are either suspending or killing their share repurchases and stock buyback plans. Some are doing it to conserve cash in a much harder operating environment. But many companies…
According to Reuters, Nasdaq will turn to Asia for much of its future growth Reuters reports that the new bank bailout could cost as much as $2 trillion. Reuters writes that the…
AT&T (T) earnings were not very impressive. Sales of Apple (AAPL) iPhones helped wireless growth. Landline numbers were poor. For the most recent quarter, AT&T’s consolidated revenue were $31.1 billion, up 2.4%…
Verizon (VZ) is just like any other big telecom company around the world. The death of the old home phone keeps holding it back as the firm’s fourth quarter revenue showed. The…
Sprint (S) is probably not a viable standalone company any more. It laid off 8,000 people yesterday and said it may outsource some of its work to cover for the drop in…
Sprint (S) weakened by an eroding position in the US cellular business as it losses subscribers to Verizon Wireless (VZ)(VOD) and AT&T (T) and rocked by the broadening recession, fired another 8,000…
The business of selling handsets and cellular service was supposed to be close to "recession proof". A number of citizens in place like China and India still do not have wireless phones.…
Microsoft Corp. (NASDAQ: MSFT) used to be a huge investor in telecom, media, and technology companies. A recent SEC filing shows that Microsoft no longer holds its previous stake reported in Comcast…
If a world where corporate earnings are completely predictable is a "10" and a world where they cannot be predicted at all is a "1", most of the last several years have…
