Media Digest 1/29/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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…
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…
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…
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…
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…
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…
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…
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…
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…