10:10am ET
Telecom & Wireless
Sprint’s (S) 50% Sale
Sprint’s (S) shares are now down by more than half from their 52-week high, trading at $9.35 compared to $23.42. The company’s market cap has fallen to under $27 billion, less than…
T Coverage Page 167
6:10am ET
Investing
Some Stocks May Not See 52-Week Highs Again For Years (CSCO)(JPM)(AAPL)(T)
Consider the stocks which hit 52-week highs in 2007 and may not be back to those levels of years. JP Morgan (JPM) hit $53.25 and now trades at just above $39. It…
5:39am ET
Consumer Electronics
Macworld Means Little If Apple (AAPL) Earnings Are Light
Apple’s (AAPL) big annual product show, Macworld, is beginning. Usually Steve Jobs announces some important new set of products. MarketWatch writes that Jobs may introduce a "small, ultra-portable version of the MacBook…
5:04pm ET
Investing
As Fidelity Re-Opens Magellan Fund, Investors Review Top Holdings (FMAGX, NOK, GLW, GOOG, SLB, CNQ, SPLS, T, AGN, MON)
It’s official. Fidelity’s Magellan Fund (FMAGX) is being re-opened for new investors. This fund at one point in 1997 became so large that the fund closed itself to new funds and outside…
6:23am ET
Economy
No Recession For Some Big Companies (VZ)(CBS)(NWS)
The No.2 man at Verizon (VZ) told an investing conference that the telecom company was not seeing any effect from the economic slowdown. Management from News Corp (NWS) made similar comments recently.…
5:49am ET
Telecom & Wireless
AT&T (T): The Phone Company Was Supposed To Be Recession-Proof
Wall St. was taken by surprise when AT&T’s (T) chief said that the company was seeing soft home phone and internet business. So far, wireless spending seems OK. Since big company CEOs…
4:13am ET
Media
Media Digest 1/9/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Bear Stearns (BSC) replaced its CEO James Cayne who will remain chairman. Reuters writes that the CEO of Best Buy (BBY) sees the retail climate getting tougher. Reuters writes…
3:30pm ET
Telecom & Wireless
The Recession Visits Ma Bell (T)
AT&T (T) commented today that its consumer business was being hurt by a slow economy. Shares of AT&T and Verizon (VZ) have both done well this year due to strong cellular business…
6:14am ET
Media
Comcast (CMCSA): More Nutty Ideas From Cable Guys
The telecom companies are all over cable with their new-fiber-to-the-home offerings. The new tech from AT&T (T) and Verizon (VZ) seems to be taking broadband and TV customers from firms like Comcast…
11:46pm ET
Media
Cramer Chooses Among Dogs of Dow For Appreciation & Preservation (DOW, VZ, T, MO, BMY)
On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to look for stocks with both appreciation potential that also offer capital preservation. He, just like us, believes we are starting to price…
6:08am ET
Investing
AT&T (T) Looks Overseas For Growth
Shares in AT&T (T) are up 70% over the last two years. The S&P is up less than 20% for that period. But, the big telephone company may not be able to…
4:00am ET
Media
Media Digest 1/2/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, AT&T (T) may take a stake in Malaysia’s TM International Reuters writes that weak Wall St. bonuses may cut into some luxury spending. The Wall Street Journal reports that…
8:58am ET
Telecom & Wireless
A Vonage (VG) Settlement Does Not Save The Company
Vonage (VG) settles a patent dispute with a larger company about once a month. The latest one was with Nortel (NT), a broken telecom equipment supplier which has plenty of problems of…
8:01am ET
Media
Backward & Forward, Cramer In 2007 To 2008
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
7:02am ET
Investing
247WallSt.com’s Dogs of the Dow Targets, Projections & Forecasts for 2008 (C, PFE, T, VZ, MO, GM, DD, JPM, GE, HD)
The Dogs of the Dow aren’t necessarily the worst performers of the prior year, but they pay the highest the dividend yields. We wanted to review the 10 Dogs of the Dow…