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- CommScope Juiced by Debt Restructuring
- Billion-dollar market cap telecom equipment supplier CommScope CTV is up $1.33, or 9.93%, at $14.74 after the company announced this morning it will make a prepayment on its 1% senior subordinated loans due 2024. CommScope had $200 million of the notes as of the end of the most recent...
- External links 2008-12-26
- Juniper Networks Climbs: Has Telecom Bottomed?
- Is Juniper Networks JNPR calling the bottom for telecom and computer networking equipment? A few people think so this morning, the day after Juniper announced that revenue for March-ending fiscal Q1 will be less than originally expected. Analysts at Brean-Murray this morning initiated coverage of Juniper with a...
- External links 2009-04-08
- AT&T Q2: EPS Beats, iPhone Helps
- AT&T T shares are up 41 cents, or 1.7%, at $25.25 Thursday morning after the company reported Q2 revenue in line with expectations and beat profit per share estimates by 3 cents. Sales sagged .4% to $30.7 billion, but wireless revenue was up 9.8% as the company added...
- External links 2009-07-23
- Is Sprint Squandering Its Palm Pre Opportunity?
- Palm’s PALM Pre smartphone isn’t getting the promotion it deserves from Sprint S, asserts Pali Capital analysts Walter Piecyk in a note on the firm’s blog today. Piecyk says he believes Sprint is selling 25,000 of the Pre per week currently, down from 50,000 in late june, shortly after the...
- External links 2009-07-26
- Sprint Q2: Sales In-Line, But Net Loss Worse than Expected
- Sprint Nextel S shares are falling Wednesday morning after the company reported Q2 sales in line with analysts’ estimates but a deeper-than-expected net loss. Net operating revenue fell 10%, to $8.14 billion, yielding a net loss of 13 cents per share. That compares to an average estimate of...
- External links 2009-07-29
- PCS: Buckling Under the Weight of Sprint, Verizon
- The cut-rate prepaid cellular market, though representing fully a third of the growth in wireless in the U.S., is not always a comfortable place to be, as evinced by the results today from Metro PCS PCS, the discount pre-paid cellular operator whose stock was cut by a third after disappointing...
- External links 2009-08-06
Additional Resources
- Deutsche Bank: Cisco Headed for Beat and Raise Q4
- Joining a flurry of positive Cisco Systems CSCO notes, Deutsche Bank’s Brian Modoff writes Monday that he expects Cisco to report a “beat and raise quarter when it discusses fiscal Q4 results on August 5, based on modest sequential growth that Modoff is seeing in among Cisco’s larger enterprise and...
- External links 2009-07-27
- Juniper: Has Network Equipment Bottomed?
- Is Juniper Networks JNPR calling the bottom for telecom and computer networking equipment? A few people think so Wednesday morning, the day after Juniper announced that revenue for March-ending fiscal Q1 will be less than originally expected. Analysts at Brean-Murray Wednesday morning initiated coverage of Juniper with a...
- External links 2009-04-08
- Comverse Says Business Slows; Stock Sinks
- Shares of telecom software provider Comverse Technology CMVT are plunging today, down over 20%, or $3.42, at $13.50, after the company last night filed a form 8-K with the Securities and Exchange Commission that indicates signs business is slowing. The company said in its filings that “”slower momentum, in particular...
- External links 2008-08-15
- Akamai Downgraded by Four on Soft Q2, Price Wars
- And here come the downgrades. Four of ‘em Thursday for Akamai Technologies AKAM, which last night missed Q2 estimates and offered a disappointing forecast. Katherine Egbert, Jefferies & Co.: Downgrades the stock from “Buy” to “Hold,” and cuts her price target from $25 to $20. Egbert writes Akamai...
- External links 2009-07-30
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