Sprint Nextel

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Apple iPhoneI would bet my last dollar than someone out there has done the following: signed the necessary contract required to get that hot new smartphone with the thoughts that an escape clause will be easy to find. AT&T (T) is trying to make that escape clause much less attractive for fans of Apple’s (AAPL) iPhone.

Starting June 1, AT&T customers carrying an iPhone will face a $325 termination fee if they break their two-year contract. That’s a jump of roughly 85% from the current $175 fine. Ouch!

Continue reading AT&T (T) Makes It Pricier to Escape Their Contract

AT&T (T) Makes It Pricier to Escape Their Contract originally appeared on BloggingStocks on Sat, 22 May 2010 13:40:00 EST. Please see our terms for use of feeds.

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Sprint Nextel (S), which has been bleeding valuable contract wireless customers for well over a year now, continues trying to find a leadership position — any leadership position — and it is banking (again) on the growth in prepaid wireless to salvage its future. After it’s acquisition of Virgin Mobile earlier this year, the company is set to introduce a $25 “Beyond Voice” that will give prepaid customers 300 minutes and all the messaging and data they can eat.

Continue reading Sprint Nextel Goes For Broke: Introduces The Lowest Prepaid Plan In The Industry

Sprint Nextel Goes For Broke: Introduces The Lowest Prepaid Plan In The Industry originally appeared on BloggingStocks on Thu, 06 May 2010 16:40:00 EST. Please see our terms for use of feeds.

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Here are some highlights from this past week’s earnings coverage on BloggingStocks:

  • Abercrombie & Fitch Co. (ANF) received an analyst’s upgrade ahead of next week’s Q4 earnings report.
  • Acer Inc. reported its highest quarterly earnings in almost three years due in part to growth in shipments.
  • Baidu Inc. (BIDU) swung to a better-than-expected Q4 profit, with strong revenue growth, and offered rosy guidance.
  • Biogen Idec Inc. (BIIB) offered an upside surprise as well as full-year earnings above Wall Street estimates.
  • Coinstar Inc. (CSTR) strong quarterly results and guidance, as well as litigation concerns, failed to inspire Wall Street.
  • Coca-Cola Co. (KO) posted strong Q4 and full-year earnings results due to growth in emerging markets.

Continue reading Earnings Highlights: Acer, Baidu, Coca-Cola, Disney, Hasbro, Sprint …

Earnings Highlights: Acer, Baidu, Coca-Cola, Disney, Hasbro, Sprint … originally appeared on BloggingStocks on Sat, 13 Feb 2010 14:40:00 EST. Please see our terms for use of feeds.

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One facet of the Obama administration’s sweeping stimulus initiatives of which I have taken particular interest is its protracted effort to increase our national broadband access and capabilities. In pursuit of that end, The Broadband Technologies Opportunities Program (BTOP), which seeks to build and enhance broadband access in unserved and underserved regions of our country, has been provided with over $4.5 billion in Recovery Act funds.

I am pleased to report that amazingly, BTOP has already dispensed with much of the red tape that might normally bog down an effort of this magnitude. Large chunks of BTOP funds are beginning to be granted. In the short term, the benefit of this program may well be to create jobs. In the long term, these infrastructure improvements could possibly increase the profit bases of companies such as Verizon Communications (VZ), Sprint Nextel Corp. (S), AT&T (ATT) and a host of other digital communication and entertainment providers.

Continue reading Big Stimulus Money Is Hitting the Wires

Big Stimulus Money Is Hitting the Wires originally appeared on BloggingStocks on Mon, 08 Feb 2010 12:30:00 EST. Please see our terms for use of feeds.

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