-
UPDATE: Macquarie Sees 70% Probability Sprint And T-Mobile Deal Will Go Through
Tuesday, June 10, 2014 - 10:07am | 261Read More...Shares of Sprint (NYSE: S) were up almost two percent in Tuesday’s pre-market after Macquarie upgraded the stock to Outperform from Neutral and put a $10.18 price target on the stock. A key point for analyt Kevin Smithen’s upgrade is the likelihood that the Department of Justice and...
-
#PreMarket Primer: Thursday, June 5: ECB Meeting To Be The Main Event
Thursday, June 5, 2014 - 7:09am | 1279Read More...Since last month’s European Central Bank policy meeting, investors have been on high alert as ECB President Mario Draghi all but promised that the bank would ease at June’s meeting. The bank is widely expected to cut its main interest rate to 0.10 percent and take its deposit rate...
-
Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382Read More...U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...
-
What Is T-Mobile Doing With ETFs?
Monday, June 2, 2014 - 3:31pm | 671Read More...T-Mobile (NYSE: TMUS) sees ETFs as key to its future. Sprint (NYSE: S) and parent Softbank Corp., hoping to merge with the company sooner rather than later, has to decide how it will deal with them. ETFs, in this situation standing for “Early Termination Fees,” are the meat...
-
Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
-
LG's New G3 Won't Hit U.S. Until At Least July
Wednesday, May 28, 2014 - 12:46pm | 758Read More...LG’s new full-featured flagship G3 smartphone goes on sale Wednesday - in Korea. For consumers in the U.S., availability is slightly less well defined. In a press release, the company said U.S. buyers could expect the phone “later this summer.” The G3 will feature a Snapdragon 801 processor and...
-
Macquarie Believes DISH Could Make Compelling Counterbid For DirecTV
Monday, May 19, 2014 - 11:05am | 184Read More...Macquarie believes Dish Network (NASDAQ: DISH) could make a counteroffer that can offset the regulatory risk of a DIRECTV (NASDAQ: DTV) and Dish merger. Macquarie analyst Amy Yong writes, "Dish can bid US$120/sh+ or US$30/sh+ cash and offer a financially more attractive deal to shareholders...
-
Market Wrap For May 14: Dow's Winning Streak Ends At Five Sessions
Wednesday, May 14, 2014 - 4:47pm | 2536Read More...U.S. stocks declined a day after the S&P 500 and Dow indices traded at record-high levels. Investors and traders were likely paying attention to the ten-year Treasury yield which hit 2.5258, the lowest level since late October. The bull market has paused, temporarily at least, until...
-
Earnings Expectations For The Week Of April 28: Big Oil, Big Pharma And More
Sunday, April 27, 2014 - 11:58am | 854Read More...The earnings crunch continues this week. Among the highlights will be scheduled quarterly reports from Exxon Mobil and Chevron, from Bristol-Myers Squibb and Merck, from Time Warner and Viacom, and also from Twitter. Early Thursday, Exxon Mobil (NYSE: XOM) is expected to say that it had earnings...
-
Market Wrap For April 10: Wednesday's Rally Completely Forgotten
Thursday, April 10, 2014 - 4:33pm | 2616Read More...U.S. stocks tumbled as investors and traders showed no intention of allowing Wednesday's bull charge to continue. The Nasdaq index continues to under-perform and notched its worst one day performance since 2011. The decline in the Nasdaq index continues to be fueled by biotech and momentum...
-
Market Wrap For April 2: Markets On Four-Day Winning Streak
Wednesday, April 2, 2014 - 4:40pm | 2499Read More...U.S. stocks rose for the fourth-consecutive day as investors found plenty of positives in today's ADP National Employment Report released today. As a result, the S&P 500 hit new all time highs of 1,893.17 while the Dow remains just a few small points away from its all time highs. The next...
-
Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333Read More...U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
-
Report: Dish About To Win Huge H Block Spectrum Auction
Thursday, February 27, 2014 - 12:50pm | 614Read More...Dish Network (NASDAQ: DISH) CEO Charlie Ergen’s ship is about to come in. Actually, his H Block spectrum is about to come in, according to the New York Post. But what's he going to do with it? Post sources indicated that the $1.56 billion acquisition would be announced this week. When...
-
Market Wrap For February 25: Markets End The Day Relatively Flat
Tuesday, February 25, 2014 - 5:38pm | 2952Read More...U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...
-
T-Mobile's iPhone Ad Angers BlackBerry Chief
Thursday, February 20, 2014 - 12:54pm | 344Read More...Millions of once-faithful BlackBerry (NASDAQ: BBRY) users have made a switch to an iPhone device over the past few years. T-Mobile's (NASDAQ: TMUS) recent advertisement is targeting the remaining faithful users, and its irking BlackBerry CEO John Chen. T-Mobile is offering Apple's (NASDAQ: AAPL)...














