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Telefonica (TEF) Calls Up Growth and Value

Blogging Stocks | January 17, 2011 | Steve Halpern "Telefonica SA (TEF) is a member of our model portfolio; it meets 100% of the criteria we use in our James P. O'Shanghnessy growth and value model," notes John Reese. The editor of Validea explains, "The company...

Fitch Upgrades Alestra's IDRs to 'BB-'; Outlook Stable

Business Wire | January 14, 2011 | Press Release MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has taken the following rating actions for Alestra, S. de R.L. de C.V.'s (Alestra) Issuer Default Ratings (IDRs) and outstanding ...

Positivo Climbs Most in Nine Months on Takeover Talks

Bloomberg | January 17, 2011 | Francisco Marcelino Positivo Informatica SA, Brazil’s biggest computer maker, rose the most in nine months on speculation Lenovo Group Ltd. may acquire the company. Positivo jumped 6.4 percent, the most since April 7, to 10.50 reais at the close of...

Jerry Brown recalls 48,000 government cell phones in cost saving effort

In his first executive order since taking office, Californian governor Jerry Brown today ordered the return of 48,000 mobile handsets - half of the 96,000 currently issued - from public servants by June in an effort to reign in government spending.

Austin's bullish tech economy to be featured on CBS Evening News with Katie Couric

Report to highlight $3.6 billion expansion of Samsung Austin Semiconductor AUSTIN, Texas--The old adage of everything being bigger in Texas is often true, and the boastful economic figures reported by the Austin Chamber of Commerce are making a solid impression that the capital of the Lone...

Brazil Telebras To Get Loan To Finance Broadband Network

Wall Street Journal | January 3, 2011 | Rogerio Jelmayer SAO PAULO (Dow Jones)--The Brazilian government will provide a loan worth 300 million Brazilian reals ($177 million) to the state-run telecom operator Telebras SA (TELB4.BR) in order to implement a broadband network, the company said...

Rexchip Suspends Shipments to Powerchip Semiconductor on Overdue Accounts

Bloomberg | December 21, 2010 | Tim Culpan Rexchip Electronics Corp. suspended shipments to Powerchip Semiconductor Corp., a key customer and major shareholder, because of overdue accounts, the memory-chip maker said in an exchange filing today. Some bills weren’t paid “due to financial constraints,” Eric Tang,...

Reliance secures $1.93B loan for network in India

by Matt Kapko The second-largest operator in India, Reliance Communications Ltd., has landed a $1.93 billion loan from China Development Bank Corp. and other financial institutions in China. The company said the bank roll will be used to refinance $1.33 billion in fees for 3G spectrum...

China Telecom: The Trend Continues Lower (CHA)

(via COMTEX News Network)--SmarTrend identified a Downtrend for China Telecom (NYSE: CHA) on November 02, 2010 at $51.66. In approximately 1 month, China Telecom has returned 3.4% as of today's recent price of $49.91. In the past 52 weeks, shares of China Telecom...

Google giving all staff Christmas bonus, pay rise

We saw Google's quarterly financial results not too long ago, and while The Big G wasn't quite on par with Apple's earning power, they still fared pretty damn well. So well, in fact, that the powers that be in Mountain View have reached into their deep pockets and are throwing a thousand greenbacks at each employee as a Christmas present.