6:38am ET
Telecom & Wireless
Who Buys Sprint (S)? (T)(VZ)(VOD)(DB)
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…
T Coverage Page 156
8:27am ET
Investing
Unemployment Start To Track To 9%: Sprint (S) Fires 8,000 (VOD)(VZ)(T)
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…
5:46am ET
Telecom & Wireless
The Cellular World Turns Ugly As Ericsson (ERIC) Cuts (AAPL)(NOK)(RIMM)(T)(S)(ALU)
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.…
4:06pm ET
Investing
Is Microsoft Selling T-M-T Portfolio? (MSFT, CMCSA, T, S, BBY)
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…
6:36am ET
Investing
Chaos Theory Takes Hold Of Corporate Earnings
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…
7:49pm ET
Investing
Short Sellers Attack America’s Largest Companies (GE)(PFE)(T)(HAL)(XOM)(INTC)(MSFT)(CSCO)(IBM)
For the latest reported period, ending December 31, short sellers did not make any notable moves in or out of tech, financials, or industrial shares. What they did do was take impressively…
6:37pm ET
Telecom & Wireless
Palm (PALM): Stock Up, Questions Remain (AAPL)(RIMM)(VZ)(T)(S)
The excitement about Palm’s (PALM) new Pre handset has sent the company"s stock up from $3.50 to over $6. But, the shares have not moved in two days, even with several analyst…
10:11am ET
Investing
Why Is Sprint (S) Up 30% In Three Days? A Day-Trader’s Dream
Three days ago, Sprint (S) traded at $1.79. Today, it hit $2.32 in early trading, up 30%. AT&T (T) and Verizon (VZ) are down during the same period, to some extent because…
9:24am ET
Investing
Second Round Analyst Downgrades (AINV, T, GSIC, MFE, NVLS, SNH, TSO, TXRH, VZ)
It seems that the early bird analyst calls did not capture the notion that analysts are starting 2009 with more opportunities to downgrade stocks. Here are some additional pre-market analyst downgrades from…
7:01am ET
Investing
2009 Dogs Of The Dow, Mostly Dogs In 2008 (AA, T, BAC, C, DD, GE, JPM, MRK, PFE, VZ)
It looks like we have our most likely candidates for the "Dogs of the Dow" for 2009. This is often misunderstood as an investment vehicle. These are the 10 highest dividend-yielding stocks…
9:27am ET
Investing
Projecting The 2009 Dogs of the Dow (AA, T, BAC, C, DD, GE, JPM, MRK, PFE, VZ)
The Dogs of the Dow are often misunderstood as an investment vehicle. These are technically the 10 highest dividend-yielding stocks out of the 30 DJIA components. The formal list of the ten…
1:34pm ET
Telecom & Wireless
Sprint (S) Collapses Again As WiMax Patents Challenged
Sprint (S) is down sharply today, heading toward penny-stock land. Shares are at $1.70, off their 52-week high of $13.90. Much of the drop is due to its falling cellular subscriber base…
8:54pm ET
Jobs
The Layoff Kings: The Companies That Cut The Most In 2008 (C)(HPQ)(T)(GM)(BAC)(SBUX)(WFC)(DOW)(JAVA)(JPM)(AMR)(MRK)
People who get to the end of 2008 and are still at work can be thankful. The unemployment rate will probably be over 7%. That does not count the people no longer…
8:55am ET
Investing
Big Company Stocks Under $1 And Those Heading There (TMA)(FNM)(FRE)(SIRI)(LVLT)(ETFC)(F)(C)(S)(NYT)(MNI)
Thornburg Mortgage (TMA) was just suspended from trading on the NYSE. Its price has been below $1 for too long. It trades at $.24. Extraordinary, because it 52-week high is $140.50. Losses…
3:47am ET
Media
Media Digest 12/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, car company executives went before Congress and pleaded for billions of dollars. Reuters reports that governments are bracing for a long crisis ahead. Reuters reports that Paulson says the…