Deutsche Telekom Gets VoIP Disease
Deusche Telekom (DT) is beginning to suffer from the same disease that is hitting its US counterparts. It fixed line business is falling apart as customers move to lower costs services. And, in most…
Deusche Telekom (DT) is beginning to suffer from the same disease that is hitting its US counterparts. It fixed line business is falling apart as customers move to lower costs services. And, in most…
Cisco Systems (CSCO-NASDAQ) shares are trading lower after the company’s post-earnings conference call. The company has guided revenues in the $9.2 to $9.3 Billion range with gross margins still at 64%. The First Call…
Cisco Systems Inc. (CSCO-NASDAQ) will grace tech traders with its earnings report after the close today. First Call estimates are $0.33 EPS and $8.76 Billion revenues. Its last revenue range was $8.7 billion to…
AT&T’s (T) bid to compete in the TV space and push the cable barbarians back into the Stone Age is off to a rocky start. The company announced a couple of small items. First,…
The market seems to think that Carl Icahn does not have the votes to get onto the Motorola (MOT) board. At least that is what the share price is saying. MOT trades down 1%…
AT&T (T) is very near its 52-week high of just over $40. That puts it up 50% over the last 12 months. Verizon (VZ) is right there as well, just below its 52-week high…
JDS Uniphase (JDSU-NASDAQ) just reported earnings: non-GAAP EPS was $0.06 (but was -$0.07 on GAAP) on revenues of $361.7 million; versus estimates of $0.10 and $346.5 million. The company’s guidance for revenues to come…
Apple (AAPL) begins selling its revolutionary iPhone this summer and it will mark the end of the string of hits for the company. Billed as "your life in your pocket", it will sell for…
Tuesday was the filing date for Richard Bransons’s Virgin Mobile USA Inc. The company is proposing an IPO for up to $100 million in securities sales, although this number can change as initial filings…
If you bought Level 3 (LVLT) shares a year ago, you lost. The stock closed at $5.68 last May 2. It now trades at $5.38. When the stock hit $6.76 in February, it all…
By William Trent, CFA of Stock Market Beat
Verizon (VZ) had some strong numbers in the first quarter. Revenue was up 6% to $22.6 billion. With one-time charges taken out, EPS improved from $.46 to $.54. Wireless operations did especially well. Verizon…
Wall St. didn’t love Qualcomm’s (QCOM) numbers. Revenues: $2.22 billion, up 21 percent year-over-year and 10 percent sequentially.Net income: $726 million, up 22 percent year-over-year and 12 percent sequentially. And, next quarter guidance: Revenue…
Institutional Shareholder Services, proxy advisory service, thinks that flagging cell phone and telecom equipment company Motorola (MOT) needs Carl Icahn on its board. He owns just shy of 3% of the shares. The WSJ…
Goldman Sachs is raising its rating on troubled network and telecom equipment giant Alcatel-Lucent (ALU-NYSE/ADR). The firm raised its official rating to a BUY from NEUTRAL, and shares are up more than 2% pre-market…