The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.
Carrier
–Standard & Poor’s assigned it’s A rating to AT&T Inc.‘s $2 billion of global notes due 2037 and affirmed the company’s other ratings, including its A corporate credit rating.The outlook is stable.
Other
–First Albany Capital lowered its price target on InterDigital Communications Corp. to $39 from $40 on higher operating expenditures.
–Credit Suisse First Boston raised its estimates on Analog Devices Inc. after the company reported good fiscal third-quarter results. New estimates are $1.50 rather than $1.45 for 2007 and $1.68 from $1.63 for 2008.
–Credit Suisse First Boston raised its estimates on RealNetworks after the company announced a music deal with MTV Networks and Verizon Wireless, and released new guidance. 2007 estimates increase to $570 million and 24 cents per share from $567 million and 23 cents per share. 2008 estimates move to $657 million from $649 million and EPS estimates remain unchanged.
Financial ratings wrap-up: AT&T, InterDigital, RealNetworks and more
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