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Avaya Soars Amid Report Of A Possible Leveraged Buyout
Monday, March 25, 2019 - 10:07am | 330Read More...Shares of telecommunications equipment maker and software vendor Avaya Holdings Corp (NYSE: AVYA) gained more than 30 percent Monday morning. The company is reportedly considering a $5 billion acquisition offer. What Happened Avaya's board of directors are examining an offer it received from a...
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How A Shoe-Box-Sized Satellite Could Transform Logistics Communications
Monday, February 4, 2019 - 12:58pm | 1446Read More...As telecommunication giants begin moving large areas of the country to 5G cellular communications networks over the next several years, there is another technological breakthrough getting little attention that is lowering the cost of tracking and other communications vital to supply chains. Low-...
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Despite Some Risks, Analysts Still Expecting Double Digit Growth From Communications Services In Q4
Thursday, January 10, 2019 - 1:49pm | 1368Read More...The communications services sector is still relatively new since it was formed in late 2018. In that short time, though, the sector has seen a lot of movement. The sector’s constituents include some of the high-flying stocks of the past few years, like Facebook Inc. (NASDAQ: FB) and...
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The Telecom Sector: JPMorgan Downgrades Verizon, Upgrades AT&T
Monday, December 3, 2018 - 2:20pm | 516Read More...AT&T Inc. (NYSE: T) was upgraded by two Street analysts Monday, while Verizon Communications Inc. (NYSE: VZ) caught a downgrade from JPMorgan that came with a projection of flat EPS growth. The Analyst JPMorgan analyst Philip Cusick downgraded Verizon from Overweight to Neutral and...
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CommScope Confirms $7.4B Acquisition Of Arris
Thursday, November 8, 2018 - 9:38am | 443Read More...Telecommunication infrastructure company Commscope Holding Company Inc (NASDAQ: COMM) confirmed Thursday it reached an agreement to acquire entertainment and communications solutions company Arris International plc (NASDAQ: ARRS) for $7.4 billion. Arris shares gained 11 percent Wednesday after...
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Switch's Guidance 'Achievable,' Wells Fargo Says In Upgrade Ahead Of Q3 Print
Thursday, October 25, 2018 - 11:07am | 409Read More...Data center provider Switch Inc. (NYSE: SWCH) is expected to announce third-quarter earnings Nov. 12 after weaker-than-expected second-quarter results. The Analyst Wells Fargo analyst Jennifer Fritzsche upgraded Switch from Market Perform to Outperform and lowered the price target from $...
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3 Sectors Lagging The S&P 500 By A Huge Amount
Monday, June 5, 2017 - 2:03pm | 388Read More...The S&P 500 index continues to trade near historical all-time highs but that doesn't mean every sector within the index is trading in the green for 2017. Quite the contrary, three sectors within the index are lagging the index by the widest margin seen in decades, according to Fundstrat Global...
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Dial Up This Telecom ETF
Tuesday, March 1, 2016 - 10:06am | 497Read More...In the hunt for safe-haven sectors, it is somewhat easy to overlook the telecommunications sector. After all, at 2.77 percent, it is the smallest sector weight in the S&P 500. However, that does not mean there is not opportunity with exchange-traded funds such as the Fidelity MSCI...
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Credit Suisse Upgrades Alcatel-Lucent And Nokia, Downgrades Ericsson
Tuesday, December 1, 2015 - 9:52am | 496Read More...Analysts at Credit Suisse upgraded shares of Alcatel Lucent SA (ADR) (NYSE: ALU) and Nokia Corporation (ADR) (NYSE: NOK) to Outperform ahead of their merger. Analysts at Credit Suisse also downgraded shares of Ericsson (ADR) (NASDAQ: ERIC) to Underperform. The analysts noted a ‘...
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Leon Cooperman Loves Google Stock, But His Other Top Four Holdings Will Surprise You
Wednesday, October 28, 2015 - 1:50pm | 686Read More...Leon Cooperman's Omega Advisors hedge fund published a letter detailing the fund structure and objectives. The fund's top holding is Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) and represents 4 percent of total assets. Cooperman noted that he expects U.S. equities to deliver a 6 to 8 percent total...
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Dish, T-Mobile Talks Could Indicate Sale To Verizon
Friday, June 5, 2015 - 1:00pm | 399Read More...In a report published Thursday, Citigroup analyst Michael Rollins discussed the potential DISH Network Corp (NASDAQ: DISH) merger with T-Mobile US Inc (NYSE: TMUS), noting that the purchase price and mix of consideration are still unresolved. Rollins noted that the timing of the media reports...
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Google, Asian Companies Invest In Trans-Pacific Underwater Internet Cable System
Thursday, August 14, 2014 - 8:26am | 908Read More...Internet giant Google (NASDAQ: GOOG) (NASDAQ: GOOGL) has joined a group of Asian-based telecom companies to create a trans-Pacific cable link that will better service a constantly growing and more globalized internet. According to the NEC Corporation (OTC: NIPNF), the new system's supplier...
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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...
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Speculation Continues About Dish/DirecTV Merger
Thursday, March 27, 2014 - 12:30pm | 619Read More...According to the Los Angeles Times, speculation about a merger between satellite broadcast companies Dish Network (NASDAQ: DISH) and DirecTV (NASDAQ: DTV) pops up about once every six months or so. Based on these rumors, the Times said, Dish and DirecTV stocks get a boost...then time passes,...
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'House of Cards' Binge-Viewers Score Big For Netflix
Tuesday, February 18, 2014 - 3:38pm | 554Read More...This Valentine's Day weekend was apparently a perfect storm for Netflix (NASDAQ: NFLX). As much of America endured another round of blizzard-like weather, the video-streaming service opened the flood gates and aired the entire second season of its popular political drama, House of Cards. And it...















