Friday, November 25, 2011 Investors will not be able to shake off Italy related concerns at the same time as the vacation shopping season gets underway today with enticing Black Friday deals. Trading volumes will likely remain thin today, given the abbreviated trading session and the absence of any major economic reports. Do not forget, …
Category Archive: uverse
Dec
01
2011
Nov
24
2011
Second Blow to AT&T/T-Mobile Merger
AT&T Inc.‘s (NYSE:T – News) proposed $39 billion purchase of Deutsche Telekom’s unit, T-Mobile USA, is facing another setback following opposition from the Federal Communications Commission (:FCC). Earlier in August, the dept of Justice blocked the proposed merger and filed an antitrust lawsuit with the U.S. District Court in Washington. The trial is anticipated to …
Nov
23
2011
Equinix to shop for Back $250M Shares
Global data center solution and repair provider Equinix Inc. (NasdaqGS:EQIX – News) recently announced that it’ll be buying back shares worth $250.0 million by December 2012, as approved by its board of directors. Equinix didn’t mention its intention of repurchasing shares on the earnings call, so this may be a later development. However, the corporate …
Nov
23
2011
AT&T, America Movil Share Network
The second-largest U.S. mobile merchant AT&T Inc. (NYSE:T – News) and the Mexican telecom giant America Movil (NYSE:AMX – News) entered right into a contract to share one another networks. The partnership allows both companies to expand and enhance their respective networks in key markets during the world, including growth regions like Latin America, Asia …
Nov
23
2011
Arris Completes BigBand Acquisition
Arris Group Inc. (NasdaqGS:ARRS – News) today announced that it has completed its proposed acquisition of BigBand Networks Inc. for a complete consideration of roughly $172 million in cash. However, after adjusting $119 million of net profit the hands of BigBand, Arris paid a net $53 million to obtain the previous. The purchase was conducted …
Nov
23
2011
AT&T to Sell Nokia Smartphones
AT&T Inc. (NYSE:T – News) plans to sell Nokia Corporation (NYSE:NOK – News) Windows Phone smartphones starting next year. The 2 companies are still negotiating the general terms and prerequisites. The second one-largest U.S. mobile merchant might offer Mango-powered Lumia 710 or Lumia 800. Both smartphones was launched by Nokia last month. This is the …
Nov
23
2011
The Zacks Analyst Blog Highlights: Frontier Communications, AT&T, Apple, Verizon Communications and CenturyLink
For Immediate Release Chicago, IL – November 17, 2011 – Zacks.com announces the list of stocks featured within the Analyst Blog. Day by day the Zacks Equity Research analysts discuss the newest news and events impacting stocks and the financial markets. Stocks recently featured within the blog include frontier communications Corp. (NYSE:FTR – News), AT&T …
Nov
23
2011
Neutral on Time Warner Cable
time warner Cable Inc. (NYSE:TWC – News) posted weak financial results for the third quarter of 2011, missing the Zacks Consensus Estimates. We remain highly concerned concerning the continuation of the company’s video subscriber loss. The U.S. pay-TV industry is at the moment facing significant challenges from several fronts. Economic volatility within the U.S., growing …
Nov
23
2011
Frontier to Sell AT&T Line
The rural telecommunications business enterprise frontier communications Corp. (NYSE:FTR – News) will now sell AT&T Inc.’s (NYSE:T – News) wireless voice and knowledge products to its customers. The recently inked deal however doesn’t give Frontier the suitable to sell Apple Inc.’s (NasdaqGS:AAPL – News) iPhone. Reselling AT&T’s product and services reflects Frontiers efforts to expand …