Verizon’s (VZ) revenue rose 6% to $23.3 billion. Adjusted operating income was up 15% to 4.2 billion. As expected, the company did well in its wireless business. Total wireless customers rose 13%…
Douglas A. McIntyre Verizon Wireless, owned by Verizon (VZ) and Vodafone (VOD), bought Rural Cellular (RCCC) for $45 share and assumed the small company’s debt. RCCC has 716,000 customers. Verizon saved the Rural Cellular shareholders…
MONDAY, JULY 30, 2007ABN AMRO (ABN)Anadarko Petroleum Corp. (APC)Archer Daniels Midland (ADM)Cameco (CCJ)FPL Group (FPL)HSBC Holdings (HBC)Humana (HUM)Monster Worldwide (MNST)Overstock.com (OSTK)RadioShack Corp. (RSH)Simon Property (SPG)Statoil (STO)Sun Microsystems (SUNW)Principal Financial Group (PFG)Tyson Foods…
In 1942, economist Joseph Schumpeter came up with the notion of "creative destruction". The term became more popular in the 1970s and 1980s as Wal-Mart (WMT) ran K-Mart out of town and…
Dow Jones Industiral Average component and reconstituted "Bells" telecom player AT&T Inc. (NYSE:T) is set to report earnings Tuesday morning. Shares initially did quite well this year after a a near 50%…
Fiber was supposed to be Verizon’s (VZ) panacea. Spend $23 billion and lay down 80,000 miles of wire to 18 million homes. But, as Fortune points out fiber has one very significant…
Below are key short interest statistics for July. The figures are as of July 13 compared to June 15, 2007 Largest Short Positions Company …
On today’s STOP TRADING segment on CNBC, Jim Cramer has a pretty tall call: he thinks instead of hoping for a Verizon (NYSE:VZ) buyout that was reported/misreported this morning, you should be…
The FT said that Vodafone (VOD) the huge cellular company, was looking at buying Verizon (VZ) for a premium of about 25% or $160 billion. Vodafone issued a denial. Whatever the merits…
Proxy advisory firm Glass Lewis has come out in favor of an activist proposal to put Vodafone’s (VOD) share of Verizon (V) Wireless "in a tracking stock or a new holding company",…
Just as there is talk of the FCC opening up spectrum for companies to set up independent voice and data networks, Nokia (NOK) has announced that its adding Ebay’s (EBAY) Skype VoIP…
As the land-line businesses at large telcos like AT&T (T) and Verizon (VZ) have been eroded by technology, especially cable-delivered VoIP, earnings have been kept strong by their cellular divisions. Cell subscriber…
Bulls on Charter Communications (CHTR) would argue that the company was almost out of business less than two years ago and that the shares deserve to have had a run. The other…
There was a time when cable operators picked a box, generally from Motorola (MOT) or the Scientific Atlanta division of Cisco (CSCO). They rented the device out to customers and probably made…
Most media and analysts said that Apple (AAPL) sold over 500,000 iPhones and that the figure showed high than expected demand. TheStreet.com writes that Apple’s own goal was one million units and…