Clearwire Corp. (NASDAQ: CLWR) yesterday filed a shelf registration document with the US SEC and nearly simultaneously announced that it planned to offer $300 million in class A common stock in a…
It’s not everyday that a company gets access to another 259 million customers. But that happened today for Verizon Wireless, the joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone plc…
To say that Sprint Nextel Corp. (NYSE: S) has had a tough go lately is an understatement. To even whisper the same thing about Clearwire Corp. (NASDAQ: CLWR) is a colossal understatement.…
Olympus says it concealed losses for decades. (Reuters) Italy’s sovereign debt interest rates rise sharply. (Reuters) Toyota’s (NYSE: TM) profits fall and it withdraws its full-year forecast. (Reuters) Greece cannot decide on…
Wireless phone companies Leap Wireless International Inc. (NASDAQ: LEAP) and MetroPCS Communications, Inc. (NYSE: PCS) have now reported quarterly earnings, and their results cast more of a shadow over the proposed $39…
Jon OggThese are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Aetna Inc. (NYSE: AET) Raised to Conviction Buy List at Goldman Sachs. AMERIGROUP Corporation…
When Sprint Nextel Corp. (NYSE: S) announced earlier this month that it would bet the company on its sales of the iPhone from Apple Inc. (NASDAQ: AAPL), investors pounded the stock down…
Even though AT&T’s (NYSE: T) offer to pay $39 billion for the T-Mobile USA unit of Deutsche Telekom (OTC: DTEGY) is being contested in court by the US Department of Justice, DT’s…
Sprint-Nextel (NYSE: S) does not deserve the money it soon will request from Wall St. The company caused consternation among investors last week when its management said the firm would need more…
Research in Motion Ltd. (NASDAQ: RIMM) is surging today after a news report has turned into the rumor mill, and you can guess the rumor: a buyout. The Independent out of the…
The many problems facing Sprint Nextel Corp. (NYSE: S) are nearly enough to sink the company without any more help. A shrinking subscriber base, an expensive network upgrade, operating losses, and junk-rated…
The largest US wireless carrier, AT&T (NYSE: T) is set for a marketing launch of its fourth generation network, LTE or Long Term Evolution. The five lucky cities are Atlanta, Chicago, Dallas,…
The chairman of China Mobile Ltd. (NYSE: CHL) has said that the world’s largest mobile carrier, with more than 610 million subscribers, does not have a timetable to begin offering the iPhone…
Updated throughout the day. Amazon.com (NASDAQ: AMZN) will create a digital library (WSJ) Verizon (NYSE: VZ) will not longer pay a recurring dividend to Vodafone (NYSE: VOD) based on co-ownership of Verizon…
Carol Bartz resigns from Yahoo!’s (NASDAQ: YHOO) board. (Reuters) Lagarde disputes reports of an IMF study that shows a $372 billion capital shortfall among Europe’s banks. (Reuters) Bank of America’s (NYSE: BAC)…
