Over the last three months the best performing wireless carrier stock has been — wait for it — Sprint Nextel Corp. (NYSE: S), up nearly 62%. The second best performing stock in…
AT&T Inc. (NYSE: T) reported this morning that its second-quarter profit came in at $3.9 billion, or $0.66 per share. That is up from from $3.59 billion, or $0.60 per share, in…
The increase in the stock prices of companies that have strong cash flow and high dividends almost certainly will continue as investors look for safe havens that pay investors an actual return.…
Samsung management said the sales of its flagship Galaxy S III smartphone reached 10 million in the first two months it has been on the market. That pace may not be quite…
The three major US stock indexes opened higher this morning as investors continue to hope for more central bank stimulation in weakening global economy. These investors are probably right that something will…
Verizon Communications Inc. (NYSE: VZ) reported second-quarter results this morning that were inline with consensus estimates. Diluted earnings per share (EPS) came in at $0.64, on target with the estimate, and revenue…
U.S. markets are set to open higher, buoyed by somewhat better-than-expected earnings. Late Wednesday, IBM (NYSE: IBM) posted a higher profit and boosted its earnings target for the year. EBay (NASDAQ: EBAY)…
The three major US stock indexes opened modestly lower this morning as there was little news out of Europe and Asian markets closed mixed. Traders were waiting to hear more from Fed…
Thursday will mark yet another important day for this earnings season. The second quarter became more challenging for many companies, as we noted about so many tech warnings weighing on shares last…
Ericsson posted disappointing earnings. So did network supply firms Alcatel-Lucent (NYSE: ALU) and ZTE. Telecom firms, wireless suppliers and cable companies have retreated from increasingly higher spending habits that have ranged over several…
Sprint Nextel Corporation (NYSE: S) has witnessed a substantial recovery. In fact, its shares are now almost three-quarters of the way to having doubled off of its $2.10 low seen on January…
If you thought things were ever dicey at Cisco Systems, Inc. (NASDAQ: CSCO), the woes happening at Alcatel-Lucent SA (NYSE: ALU) are just atrocious. The sad thing to see is that what…
Investors cannot make any money in the bond market right now merely by buying and holding Treasury bonds forever. The problem is that Treasury yields are at record lows. In some parts…
The US Department of Justice is delaying the proposed acquisition by Verizon Wireless of wireless broadband spectrum from SpectrumCo. Verizon Wireless is a joint venture of Verizon Communications Inc. (NYSE: VZ) and…
In a ruling that could change the way people watch TV, a New York judge has denied a petition for an injunction against TV-rebroadcasting start-up Aereo, a company partially backed by Barry…
