The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.

Handset and infrastructure vendors

--Credit Suisse First Boston lowered its estimates on Motorola after the company reported fourth-quarter results and weak guidance. New estimates are a loss of 5 cents on revenues of $24.1 billion, down from breakeven on revenues of $24.2 billion for 2009. The firm also predicted EPS of 28 cents on revenues of $25.2 billion for 2010. RBC Capital Markets lowered its price target on Motorola to $5.50 from $6.

--RW Baird lowered its estimates on Alcatel-Lucent for 2009 on tax rates and slightly higher opex. The firm’s new 2009 EPS estimate for the company is a loss of 4 cents rather than a profit of 6 cents per share.

Miscellaneous

--Barclays Capital lowered its 2010 EPS estimate on American Tower to 58 cents from 61 cents on potential weakness in foreign currency that could affect its guidance.

--Standard & Poor's Ratings Services lowered its long-term corporate credit rating and its senior unsecured debt ratings on semiconductor manufacturer STMicroelectronics N.V. to BBB+ from A- reflecting ST's expected weaker operating performance in 2009 because of the current macroeconomic downturn. The A-2 short-term rating was affirmed. The outlook is stable.

--Oppenheimer lowered its estimates on Brightpoint after the company delivered mixed fourth-quarter results. New estimates are 37 cents per share rather than 43 cents for 2009 and 55 cents rather than 63 cents for 2010.

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