Avian Securites comments on recent Sprint (NYSE:S) chatter:Sprint is up today on rumors that the company is close to selling its iDEN (Nextel push-to-talk) platform. This, coupled with the proposed WiMAX venture with Clearwire (CLWR), would leave Sprint with its core CDMA platform. Our checks suggest that there are several parties that would be interested in acquiring Sprint's core CDMA platfor...
Results 1 - 10 of 21 for "IMAX"
Pain in latest quarter set the stage for transition to success for wide-screen company, analysts say.
Wimax broadband Internet service provider Clearwire (CLWR) this evening reported second-quarter sales for the June-ending period that beat estimates, at $58.56 million, versus $54.2 million. Excluding some costs, the company’s net loss was 98 cents per share, according to an email I received from a company representative. That’s better than the -$1.01 per share the Street was expect...
Investments in digital technology and a weaker film slate add up to a wider loss for wide-screen company.
IMAX disappoints in its latest quarter, but the future is the feature presentation.
Good morning. The market is showing some doubt over the recent gains as a plethora of negative news comes out. Along with higher oil prices and rising jobless claims, Dow components AIG and Walmart are not inspiring much confidence. Investors are concerned that AIG will need to raise more capital and Walmart joins other retailers by missing their July targets even with the stimulus checks. Prem...
The market is set to reverse its recent moves at the open today. The Nasdaq broke out above its July highs yesterday albeit on decreasing volume. It also cleared its 50-day moving average. Let’s see if the bulls can keep the index above either of those levels. The S&P couldn’t muster enough strength to breakout above its July highs. Oil is bouncing back above $120 after two clo...
Imax is reaping the rewards of high-profile success as its giant-screen showings of the immensely popular “The Dark Knight” are selling out and turning audiences on to the format.
Global Industries (GLBL) Bad second quarter. Falls to $7.81 from $28. Himax Technologies (HIMX) Still dropping a day after rough results. Down to $2.79 from 52-week high of$6.29. Reliant Energy (RRI) Q2 results hurt by weather. Seels down to $14.32. from $28.77. Archer Daniels Midland (ADM) Number are bad, pressure from high commodities prices.Sells off to $25.40 from 52-week high of $48.95. Do...
Sprint Nextel (S) shares are rallying today ahead of the company Q2 earnings report due before the start of trading tomorrow morning. The Street consensus is for revenue of $9.17 billion and profits of 3 cents a share. In a preview note this morning, Bank of America’s David Barden says that Sprint’s big focus in the quarter was reducing customer churn. “How churn’s impro...