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News Breaks
July 30, 2014
07:41 EDTVIVTelefonica Brasil reports Q2 revenue R8.62B vs R. 8.49B a year ago
Total accesses reached 94.9M in the quarter. Consistent leadership in higher revenue mobile segments, with acceleration in contract accesses growth, +26.5% y-o-y in 2Q14 with net additions reaching 1,257 thousand in the quarter. Mobile ARPU recorded annual growth of 2.3% in 2Q14, despite MTR reduction, fueled by the growth in Data ARPU, +15.4% in the same period. Fixed voice accesses recorded quarterly growth of 98 thousand accesses in 2Q14, driven by net additions with FWT technology, which reached 168 thousand in the period. FTTH accesses totaled 273 thousand in 2Q14, with acceleration of net additions in the period. FTTH footprint reached 2.9 million homes passed in the quarter. TV accesses grew 43 thousand accesses totaling 688 thousand subscribers. Mobile service revenue recorded variation of +6.0% y-o-y. Excluding the effect of the MTR reduction, this figure came to +9.3% in 2Q14 over 2Q13. Fixed service revenue posted y-o-y variation of -5.4%. Excluding the VC and basic tariff reduction effects, this figure came to -2.4% versus 2Q13.
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August 31, 2015
10:01 EDTVIVOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: 58.com (WUBA) upgraded to Overweight from Underweight at Morgan Stanley... AU Optronics (AUO) upgraded to Outperform from Underperform at Bernstein... Asbury Automotive (ABG) upgraded to Neutral from Underperform at Buckingham... Astec (ASTE) upgraded on upcoming catalysts at Stifel... Baidu (BIDU) upgraded to Buy from Hold at Jefferies... Bob Evans (BOBE) upgraded to Sector Weight from Underweight at KeyBanc... CNOOC (CEO) upgraded to Buy from Neutral at BofA/Merrill... Dover (DOV) upgraded on valuation, headwinds bottom at Bernstein... Envestnet (ENV) upgraded to Outperform from Market Perform at Avondale... Generac (GNRC) upgraded to Outperform from Market Perform at William Blair... Gold Fields (GFI) upgraded to Sector Perform from Underperform at Scotia Howard Weil... Goldman Sachs (GS) upgraded to Buy from Hold at Evercore ISI... Intel (INTC) upgraded to Outperform from Market Perform at Northland... J.C. Penney (JCP) upgraded to Buy from Hold at Deutsche Bank... Leggett & Platt (LEG) upgraded to Outperform from Market Perform at Raymond James... Morgan Stanley (MS) upgraded to Buy from Hold at Evercore ISI... Newmont Mining (NEM) upgraded to Outperform from Sector Perform at Scotia Howard Weil... Pan American Silver (PAAS) upgraded to Outperform at Scotia Howard Weil... QLogic (QLGC) upgraded to Buy from Hold at Summit Research... Stanley Black & Decker (SWK) upgraded to Outperform from Neutral at Macquarie... Telefonica Brasil (VIV) upgraded to Overweight from Equal Weight at Morgan Stanley... Tenet (THC) upgraded to Outperform from Market Perform at BMO Capital... Twitter (TWTR) upgraded to Buy from Neutral at SunTrust... UIL Holdings (UIL) upgraded to Hold from Sell at Argus... Vocera (VCRA) upgraded to Outperform from Market Perform at Leerink... Wisconsin Energy (WEC) upgraded to Conviction Buy from Buy at Goldman.
06:48 EDTVIVTelefonica Brasil upgraded to Overweight from Equal Weight at Morgan Stanley
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