For Motorola (MOT), the darkest days may still lie ahead. Tero Kuittinen, an analyst with Global Crown Capital, this morning repeated his Underweight rating on Motorola, and cut his price target on the shares to $2.50, from $3.50. He thinks the company will miss its Q4 guidance, and fall short of the 2009 consensus “by a wide margin.” In short, Kuittinen contends that “Motorol...
Results 1 - 10 of 97 for "VERIZON"
Filed under: Industry, Stocks to BuyThe telecom business is definitely not recession-proof, as those that have followed the industry have recently realized, but it is not a field that is going to fade into the horizon any time soon either. Simply put, people need to communicate and the telecom business is poised to continue rolling with the new technology and bringing people what they need. If ...
Click charts to ENLARGE.Would a more volatile VIX (via the narrowest range of seven sessions) to the DOWNSIDE, mean less volatility for the market? Or could a break to the upside create chaos?The VIX at an NR7 (narrowest range of seven days) crossroads.__________________________________________________Among the CHOSEN ONES, some NR7 candidates.__________________________________________________C...
Sprint's decline weighs heavily on the list of TheStreet.com Ratings' lists of worst- and best-performing funds from the week ended Nov. 13.
Research In Motion (RIMM) this morning has been hit a flurry of analyst estimate cuts, as the Street follows Nokia’s lead reduces its expectations for 2009 handset sales. Thomas Weisel’s Matthew Sheerin this morning trimmed his FY 2009 EPS estimate to $3.51, from $3.55, and cut FY 2010 to $4.15, from $4.96. He maintains his Overweight rating, though, and says early signals suggest s...
Nokia (NOK) this morning said out loud what everyone in the mobile phone business kind of knew already: demand in 2009 is going to be down from 2008. This is an industry that had become accustomed to seeing unit growth in the 10% plus range; to see the industry’s most important player forecast a down year is a shocker, even if you suspected that something like this was inevitable. Nokia...
Verizon Wireless ought to follow the lead of Vodafone in the U.K. by making the new BlackBerry touch-screen phone free.
The carrier will launch Research In Motion's new touch-screen BlackBerry later this month with a price equal to that of Apple's iPhone 3G.
Blackberry Storm 'pre-launched' on November 20? Rumor has smartphone lovers alert
Filed under: Apple Inc (AAPL), Research in Motion (RIMM), Verizon Communications (VZ)Consumers may be strapped for cash this year with Christmas approaching, but if there's one category which analysts expect to do well despite the downturn, it's smart phones. Analysts have called for Apple, Inc.'s (NASDAQ: AAPL) to reduce its price on the 8GB iPhone to $99 (with a two-year AT&T contract), t...
Microsoft’s (MSFT) attempts to pull the rug out from under Google’s talks with Verizon Wireless (V) seem to be working. According to WSJ - the Redmond-based software giant is getting closer to reaching an agreement with Verizon to become the default search engine on wireless carrier’s mobile phones. Under the terms being considered, Microsoft would offer Verizon a larger piece...
