Sprint Nextel Corp. (NYSE: S) had been taking heat this week for what many have called an overpaying or losing money to carry the new iPhone from Apple Inc. (NASDAQ: AAPL). The…
A drop in price often brings up the “takeover chatter” from blogs, analysts, and news reports. We have seen this discussed recently in Netflix, Inc. (NASDAQ: NFLX) where analysts and pundits talk about the…
The launch of the new iPhone disappointed Wall St. But Apple’s (NASDAQ: AAPL) decision not to significantly upgrade the smartphone is a signal that it believes the first half of 2012 will…
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…
UBS (NYSE: UBS) trader loses $2 billion in unapproved trades. (Reuters) The head of the World Bank says the global economy has entered a danger zone. (Reuters) General Motors (NYSE: GM) and…
The 30-Year Treasury auction, the so-called Long Bond, had a strong participation for what is technically a 29-year and 11-month bond. The participation rate was strong enough that this still shows a…
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)…
Not even a week after the US Department of Justice filed a complaint to block the proposed $39 billion merger of AT&T (NYSE: T) and the T-Mobile USA division of Deutsche Telekom…
Jon OggThe recovery has been stalling and it is becoming easier and easier to argue that the next recession (often mislabeled as a double-dip recession) is afoot. Friday’s net-zero in August non-Farm…
Verizon Communications Inc. (NYSE: VZ) has just delivered on another dividend hike, making this the fifth consecutive year that the telecom giant has boosted its payout. The boost is by $0.0125 to…
Yesterday’s filing by the US Department of Justice in the proposed $39 billion merger between AT&T (NYST: T) and T-Mobile may be, in the words of Winston Churchill, just “the end of…
comScore has just released its smartphone market share and the data continues to support an exodus away from the Blackberry from Research in Motion Ltd. (NASDAQ: RIMM). RIM phones as a percentage…
