Research In Motion Ltd. posted another strong quarter with an equally strong outlook, sending its stock up more than 11% after results were announced yesterday.RIM’s revenue for the fiscal third …
CIBC
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Both Nokia Corp.’s and Qualcomm Inc.’s stocks were down a few percent each on news that the United States International Trade Commission had rebuffed Qualcomm on its complaint that Nokia …
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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 Ratings Services said it assigned it’s A …
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Verizon Wireless selects LTE for 4G network: Qualcomm ‘key loser’ as future of CDMA becomes hazy
by jscarboby jscarboVerizon Wireless announced it will use Long Term Evolution technology for its fourth generation network. The carrier said that it and parent company Vodafone Group plc will begin testing LTE …
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Qualcomm Inc.’s earnings in the fiscal fourth quarter and full year showed year-on-year improvements, but a modest outlook for the fiscal first quarter sent its shares down around 6% in …
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Financial ratings wrap-up: Sprint Nextel, Research In Motion, Motorola and more
by jscarboby jscarboThe following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Morgan Stanley cut its EPS estimate on Sprint Nextel to …
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The European Commission will expedite an investigation of charges against Qualcomm Inc. by six leading wireless companies that the chip and licensing company has violated antitrust rules.The EC may dismiss …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Morgan Stanley upgraded Telephone & Data Systems to equal weight …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Morgan Stanley raised its EPS estimates on AT&T Inc. on …
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It must be tough to give a daylong presentation to financial and industry analysts in New York when your take-aways essentially are “meet the new team,” “we can do it” …
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iPhone gets cheaper ahead of holiday season: CIBC warns that sales may be slowing
by jscarboby jscarboApple Inc. slashed the price of its 8GB iPhone by one-third and, separately, the company launched a Wi-Fi storefront hawking full-track tunes and albums for the device.The company said it …
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Nokia Corp. fired yet another salvo at Qualcomm Inc., filing a complaint with the U.S. International Trade Commission alleging Qualcomm is infringing on five of its patents. The news serves …
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AT&T Inc. reported a strong quarter and said its mobile division activated 146,000 Apple Inc. iPhone customers in the first day and a half of the device’s release, more than …
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BlackBerry maker Research in Motion Ltd. saw its stock jump more than 20% in early trading after it reported a 76.5% increase in revenue from the same quarter a year …
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Samsung Electronics Co. Ltd. could overtake Motorola Inc. in market share for the second quarter, according to projections from analyst Ittai Kidron at CIBC. The share shift would be remarkable, …
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ITC orders partial ban on new 3G handsets: Ruling against Qualcomm could’ve been harsher
by jscarboby jscarboTHE CLOCK IS TICKING as Qualcomm Inc. pursues legal remedies and technical alternatives to counter a decision last week by a federal agency banning future models of 3G handsets containing …
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Nokia Corp. upped its market-share forecasts for the second quarter, news that helped boost the company’s stock almost 4% to around $26.04 per share. The world’s largest handset maker said …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Morgan Stanley raised its price target on Leap Wireless International …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier –Credit Suisse First Boston upgraded Qwest Communications International to neutral …
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After a flurry of discouraging news in recent months, Nortel Networks Ltd. released brighter financial expectations for the first quarter and remainder of the year. The company also announced it …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carrier Lehman Bros. raised its price target on Leap Wireless …
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Samsung Electronics Co. Ltd. said it shipped nearly 35 million handsets in the first quarter, posting telecom division profits-largely derived from handset sales-of $646 million. Both numbers were up nearly …
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The perversity of Wall Street came into focus after Research In Motion Ltd. delivered solid fourth-quarter fiscal 2006 earnings yesterday that were still below some expectations. It’s all about emotion …
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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 CIBC World Markets lowered its estimates …
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Samsung’s newest handset chief must shake, rattle and roll: Market conditions and company-specific factors pose challenges to No. 3 vendor
by jscarboby jscarboWhen a company wants to reinvigorate a business, heads often roll. A glance at the world’s top handset vendors-bedeviled by the market’s vagaries and slowing growth-reflects the pervasiveness of this …