The nightmare of RadioShack Corp. (NYSE:RSH – News) persists because the company continues with its disappointing performance. The corporate fell below the Zacks Consensus Estimates within the third quarter of 2011. Precipitous decline of the signature and consumer electronics retail businesses, adverse product-mix toward low-margin devices, and a volatile macro-economic scenario within the U.S. are …
Category Archive: verizon fios
Nov
24
2011
Nov
24
2011
Stock Market News for November 18, 2011
a good initial claims report did not lift benchmarks as incremental borrowing costs in Europe and concerns in regards to the region’s debt crisis dented the markets again. Selling intensified further after a key benchmark fell below a technical level. The Dow Jones Industrial Average (:DJIA) slumped 134 points or 1.1% to settle at 11,770.88. …
Nov
24
2011
Earning Scorecard: RadioShack
RadioShack Corp.(NYSE:RSH – News) reported disappointing third quarter 2011 financial results, falling wanting the Zacks Consensus Estimates. The comparable store sales for the corporate-operated stores and kiosks (stores and kiosks opened a minimum of a year) declined 4% year over year. It is a key retail performance indicator measuring growth from existing sales locations. Third …
Sep
25
2011
Novatel Remains Neutral
{“s” : “cmcsa,nvtl,vod,vz”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Zacks Equity Research, On Monday September 19, 2011, 8:00 am EDT We reiterate our long-term Neutral recommendation on Novatel Wireless Inc. (NasdaqGS: NVTL – News). The company’s second-quarter 2011 financial results beat the Zacks Consensus Estimates. This was primarily thanks to significant increase in revenue supported …
Sep
25
2011
Verizon Launches Unlimited Prepaid
{“s” : “leap,pcs,s,vz”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Zacks Equity Research, On Friday September 16, 2011, 4:25 pm EDT verizon Communications (NYSE: VZ – News) recently unveiled its first unlimited prepaid plan for $50.00 a month. The plan would come with unlimited voice, text and internet services. Prepaid wireless services remain an emerging business …
Sep
25
2011
Inital Jobless Claims Jump Again
{“s” : “vz”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Dirk van Dijk, CFA, On Thursday September 15, 2011, 1:48 pm EDT Initial Claims for Unemployment Insurance rose by 11,000 last week to 428,000. This was significantly worse than the anticipated level of 410,000. Last week’s numbers were revised upwards by 3,000, so you can actually …
Sep
25
2011
Storm, Strike Take Toll on Verizon
{“s” : “aapl,vod,vz”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Zacks Equity Research, On Thursday September 15, 2011, 12:45 pm EDT The most important U.S. mobile services provider verizon Communications (NYSE: VZ – News) expects the storm within the U.S. East Coast and the labor strike last month to extend its overall cost by $200–$250 million …
Sep
14
2011
Motorola Mobility Remains Neutral
{“s” : “goog,mmi,vod,vz”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Zacks Equity Research, On Wednesday September 14, 2011, 11:45 am EDT We reaffirm our long-term Neutral recommendation on Motorola Mobility Holdings Inc. (NYSE: MMI – News) following its recent agreement with Google Inc. (NasdaqGS: GOOG – News), that allows you to enable the later to procure …
Sep
14
2011
Wireless Dividend Blow to Vodafone
{“s” : “vod,vz”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Zacks Equity Research, On Monday September 12, 2011, 12:45 pm EDT verizon Wireless is not going to pay a recurring annual dividend to its parent companies Vodafone Group Plc (NasdaqGS: VOD – News) and verizon Communications (NYSE: VZ – News). The corporate needs surplus funds for …