Nokia Corp. is behaving like a market leader with a thoughtful, winning strategy. The Finnish handset vendor is carefully undercutting competitors in emerging markets for volume gains-enduring a short-term lag …
Quarterly Earnings
-
-
Some high-profile investors are wagering on Emotive Communications Inc. and its “Push Ringer.”The Encino, Calif.-based company said it pocketed $7.7 million in a funding round from Warner Music Group, Bertelsmann …
-
InterDigital Communications Corp. updated its first-quarter guidance to reflect additional royalties identified during a routine audit conducted by the company.The company said it expects revenues to range from $67 million …
-
Wireless broadband service provider Clearwire Corp.’s stock rose briefly today as analysts issued favorable reports of the company’s prospects, but later continued its downward trend. Clearwire’s stock rose more than …
-
Boston Communications Group Inc.’s woes continued last week as the company said it will slash its workforce by 21 percent. The company also said it received a notice of noncompliance …
-
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 …
-
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carrier Prudential Equity Group initiated coverage on Leap Wireless with …
-
Wherify Wireless Inc. said it sold about $4.6 million of Series A Convertible Preferred Stock in an effort to create some financial breathing room.The developer of location-based products and services …
-
Shares of Sprint Nextel Corp. inched upward following a Wall Street Journal report that shareholder Ralph Whitworth is pushing for major changes at the carrier.Whitworth has quietly accumulated about half …
-
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 …
-
Shares of Intrinsyc Software International Inc. dipped after the developer of mobile software reported a second-quarter net loss of $3.76 million.Intrinsyc, which is based in Vancouver, British Columbia, said revenue …
-
AirTight Networks Inc. announced it secured an additional $14.5 million in its latest round of venture capital funding, bringing the business’ total VC investment to $36.7 million.The third round of …
-
U.S. Cellular Corp. said it has reached an agreement to purchase its common shares from Citigroup Global Markets Ltd. as part of a stock repurchase plan announced earlier.The accelerated share …
-
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Other Credit Suisse First Boston revised its estimates on NeuStar …
-
Investors appeared pleased with preliminary financial results announced by NeuStar Inc., which offers clearinghouse services to wireless carriers and others, as well as a shakeup in the company’s senior executive …
-
Shares of Veraz Networks Inc. dipped after the company’s initial public offering raised $72 million at a price below its forecast range.Veraz opened at $8 per share, in line with …
-
Shares of InPhonic Inc. slid after the company said it will restate results for the second and third quarters of 2006 due to accounting errors.The company, in a filing with …
-
Syniverse Technologies signed an agreement to acquire the wireless clearing and financial settlement business of Billing Services Group for $290 million in cash.“The proposed acquisition of BSG’s wireless business will …
-
LCC International Inc. has delayed the filing of its annual financial statements for 2006 with the U.S. Securities and Exchange Commission. The company said its management needs more time to …
-
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 EBITDA and EPS …
-
Openwave Systems Inc. has put up the ‘for sale’ sign. The question is, who wants it?The Redwood City, Calif.-based developer last week announced the resignation of CEO David Peterschmidt and …
-
Palm Inc. posted a solid quarter, showing gains in its Treo smartphone sales, and its stock rose slightly on the news to $18.01 per share. However, the company declined to …
-
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 …
-
Openwave Systems Inc. is up for sale.The Redwood City, Calif.-based developer announced the resignation of CEO David Peterschmidt and said it retained Merrill Lynch as a financial advisor to explore …
-
Glu Mobile Inc. raised $84 million with an initial public offering priced near the top of its range.The San Mateo, Calif.-based wireless game maker offered 7.3 million common shares at …