Following this week’s single-day 10% drop in AT&T Inc.’s stock value, a financial firm is raising its guidance for the telecommunications juggernaut, citing strong iPhone sales as a major driver …
Quarterly Earnings
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The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available. —Kyte: Telefonica led a …
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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 lowered its 2007 EPS estimates on Leap …
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U.S. Cellular, the nation’s sixth-largest carrier in terms of subscribers, said it expects a shortfall in the number of its 2007 customer additions. The carrier also reported it spent $13.1 …
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Pudding Media announced it raised $8 million in its first round of venture funding. VC firms Opus Capital and BRM Capital led the round.Pudding, which offers technology designed to deliver …
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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 affirmed its ratings on Leap Wireless, …
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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 …
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Qualcomm Inc. said its revenue in the fiscal first quarter would come in at the high end of previous guidance of $2.3 billion to $2.4 billion.The company said its forecast …
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Sidekick maker Danger to go IPO route: Firm warns of its dependence on T-Mobile USA
by jscarboby jscarboDanger Inc., the “software-as-service” company that enables data and Internet services to T-Mobile USA Inc.’s Sidekick devices, will pursue an initial public offering to pay down $7.2 million in debt …
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Palm Inc.’s fiscal second-quarter results and its outlook for the next quarter, announced yesterday, took its stock down nearly 10%, to the lowest point in four years. The smartphone company …
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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 Brothers raised its price target on AT&T to $54 from …
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The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available. —BelAir: Export Development Canada …
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Palm cuts undisclosed number of jobs: Treo maker slimming down after series of missteps
by jscarboby jscarboPalm Inc., which employs about 1,250 people, yesterday made job cuts of undisclosed magnitude, the company said.“Palm is working to sharpen its focus and better align resources behind core initiatives …
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Venture capital financing wrap-up: E-Band, Liberty Towers, Music Intelligence and more
by jscarboby jscarboThe following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.–E-Band: Reliance Technology Ventures Ltd. …
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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 –RBC Capital Markets lowered its price target …
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Palm stock down on product miss: Delayed Treo at Verizon Wireless the likely culprit
by jscarboby jscarboPalm Inc.’s stock plunged more than 16% after the company acknowledged that “a key product” failed to launch in the lucrative fourth quarter, that sales would badly miss its own …
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Motorola Inc. CFO Tom Meredith told a Lehman Brothers investor conference this morning that the company would meet its guidance for the fourth quarter, sending the handset maker’s stock up …
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The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available. –Adomo: Menlo Ventures and …
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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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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 assigned a B- corporate credit …
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In a presentation in New York, executives from infrastructure giant L.M. Ericsson said the company’s fourth-quarter results likely will be “in the lower end of the range” the company had …
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The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available. –ComAbility: Stata Ventures and …
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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 Brothers lowered its rating on Leap Wireless to equal …
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Qualcomm stock bucks trend on two analyst reports: Upgrades send chip vendor’s shares rising
by jscarboby jscarboWhether an element of schadenfreude-pleasure at another’s misfortune-has played a role in Qualcomm Inc.’s depressed stock value, no one can say. But two analysts this week took a careful look …
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MetroPCS Communications Inc. beat Wall Street’s earnings expectations in spite of weak customer numbers, and the company’s stock soared nearly 13% in early afternoon trading. MetroPCS’ financial metrics were strong, …
