New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 23, 2014
10:21 EDTT, VZ, TMUS, SAT&T slumps after failing to raise profit guidance
AT&T (T) and other wireless carriers are retreating after AT&T last night reported slightly stronger than expected results but failed to raise its full-year profit guidance. WHAT'S NEW: AT&T reported first quarter earnings per share, excluding certain items, of 71c, compared with analysts' consensus estimate of 70c. The company's revenue was slightly higher than expected, but the carrier's wireless service revenue rose just 2.2% in Q1 versus the same period a year earlier. During the previous quarter, the company's wireless service revenue grew 4.8% year-over-year. AT&T slightly increased its fiscal 2014 revenue guidance, but the company reiterated its previous guidance for an increase of about 5% in its full-year EPS. Moreover, AT&T wireless business is contending with "a noisy competitive environment," CFO John Stephens said. PRICE ACTION: In early trading, AT&T shares slumped 3% to $35.17. Other wireless carriers also declined, with T-Mobile (TMUS) falling 2% to $30.29, Verizon (VZ) giving back 1.4% to $47.23 and Sprint (S) declining 1.4% as well.
News For T;VZ;TMUS;S From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
October 19, 2014
14:39 EDTSSprint job cuts include 452 at Kansas headquarters, Bloomberg says
According to a filing yesterday with the Kansas Department of Commerce, the job cuts at Sprint that were announced earlier this month, will include 452 positions in Overland Park, Kansas, where the company is headquartered, says Bloomberg. Reference Link
October 16, 2014
08:29 EDTTAT&T sees 359K customers seek refunds for 'cramming' charges, Time reports
Subscribe for More Information
October 15, 2014
10:11 EDTTFrontier granted PURA approval for AT&T wireless ops. in Connecticut
Subscribe for More Information
07:37 EDTTMUST-Mobile shares have reached favorable entry point, says Argus
Subscribe for More Information
07:04 EDTTMUST-Mobile launches 4G LTE network throughout Cincinnati metro area
Subscribe for More Information
October 14, 2014
09:37 EDTVZActive equity options trading on open
Subscribe for More Information
08:13 EDTVZCorvex says Crown Castle, Verizon deal would 'diversify' revenues
Corvex said, "A Verizon (VZ) tower deal would diversify Crown Castle's (CCI) revenues and deepen the company's relationship with arguably the U.S.'s strongest wireless company and operator of the country's most robust network. As the largest and most-focused U.S. tower operator and the largest operator of legacy carrier portfolios, Crown Castle could be the best strategic acquirer of Verizon's tower assets. That does not mean the company will be best positioned financially to provide the highest and best bid though. Based on recent press articles, the potential sale price for the Verizon towers could be approximately $6B. However, we strongly believe that the company should not issue any equity at recent prices, and certainly not to acquire more tower assets at premium prices when Crown Castle continues to trade at a material discount to both transaction multiples and publicly traded peers."
07:54 EDTS, TMUST-Mobile, Sprint risk turnover courting lower-credit subscribers, WSJ says
Subscribe for More Information
October 13, 2014
13:26 EDTTMUSIliad ends plan to buy T-Mobile after "significantly" improved offer
Subscribe for More Information
13:21 EDTTMUSIliad announces end of plans to acquire T-Mobile
Subscribe for More Information
10:08 EDTTMUSOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:21 EDTTMUSOn The Fly: Pre-market Movers
Subscribe for More Information
09:19 EDTTMUST-Mobile upgraded at Macquarie
As previously reported, Macquarie upgraded T-Mobile to Outperform from Neutral. The firm upgraded shares based on strong fundamentals and the recent sell off in shares. Price target is $34.
06:49 EDTTMUST-Mobile upgraded to Outperform from Neutral at Macquarie
October 10, 2014
10:01 EDTTMUSOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:35 EDTSSprint downgraded to Sell from Hold at Evercore
Subscribe for More Information
07:27 EDTTMUST-Mobile upgraded to Buy from Hold at Jefferies
Subscribe for More Information
05:45 EDTTMUST-Mobile upgraded to Buy from Hold at Jefferies
Subscribe for More Information
October 9, 2014
12:01 EDTTAT&T announces agreement with Accuris, BSG
AT&T, Accuris Networks and BSG Wireless announced an agreement to bring to market the new AT&T Wi-Fi Hub. This hub will make it possible for wireless operators to deliver turnkey Wi-Fi roaming services to their customers.
09:33 EDTVZGE, Verizon announce alliance
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use