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CenturyLink Is Diversifying Away From Rural Telecom, Jefferies Says In Upgrade
Tuesday, June 26, 2018 - 4:18pm | 371The sentiment surrounding Centurylink Inc (NYSE: CTL) remains negative and weighed down by its legacy rural telecom association, according to Jefferies. The perception is unjustified and the stock should gain at least 25 percent from where it trades today, in the sell-side firm's view. ...
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Rosenblatt Securities: Buy Acacia After A 'Steady Dose Of Bad News'
Tuesday, May 29, 2018 - 1:36pm | 435After a "steady dose of bad news" over the past year, now may be the time for investors to consider Acacia Communications, Inc. (NASDAQ: ACIA), according to Rosenblatt Securities. The Analyst Rosenblatt Securities' Ryan Koontz initiated coverage of Acacia Communications'...
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Analyst: ZTE Ban Could Spark Consolidation In Optical Space
Wednesday, April 18, 2018 - 9:27am | 445The U.S. government banned U.S.-based telecom companies from selling hardware and software components to the Chinese company ZTE for seven years. The announcement had a ripple effect across the entire optics sector and could even trigger industrywide consolidation, according to Northland Capital...
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Acacia Communications Investors 'Stuck With A Bad Hand,' Says Morgan Stanley
Friday, February 23, 2018 - 12:26pm | 454Acacia Communications, Inc. (NASDAQ: ACIA) reported fourth-quarter results Thursday, with the top and bottom lines falling short of expectations on weakness in the optical telecom company's three end markets. The Analyst Morgan Stanley's Meta Marshall maintains an Equal-weight...
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Deutsche Bank Makes A Bull Call On Motorola Solutions
Friday, January 12, 2018 - 1:21pm | 422Motorola Solutions Inc (NYSE: MSI) is trading up after being upgraded by Deutsche Bank and named as the firm's large-cap value idea. The Analyst Deutsche Bank analyst Vijay Bhagavath upgraded shares of Motorola Solutions from Hold to Buy and increased the price target from $86 to $110...
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Buckingham Makes The Bull Case For Charter Communications
Wednesday, December 13, 2017 - 5:52pm | 347Shares of Charter Communications, Inc. (NASDAQ: CHTR) have lost nearly 15 percent over the past three months, but some analysts are confident enough in the cable company's 2018 prospects to recommend buying the stock. The Analyst The Buckingham Research Group's Matthew Harrigan initiated...
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With Lumentum Down 20% Over 2 Weeks, This Analyst Just Upgraded The Stock
Monday, December 11, 2017 - 2:47pm | 406Lumentum Holdings Inc (NASDAQ: LITE), a supplier of optical components for the telecom transport and switching markets, has seen its stock fall 20 percent over the past two weeks and some on Wall Street are now encouraging investors to buy the dip. The Analyst Northland Capital Markets' Tim...
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Sprint And T-Mobile Surge Following Merger Rumors; Talks Expected To Begin In April
Friday, February 17, 2017 - 4:09pm | 344Softbank Group Corp (OTC: SFTBF), the parent company of telecom provider Sprint Corp (NYSE: S) has announced it is willing to cede control in order to make a deal with T-Mobile US Inc (NASDAQ: TMUS) happen. The deal has been long awaited, and now it appears things are moving in the right direction...
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You Might Not Like The Results, But This Junk Bond ETF Is Behaving As Expected
Monday, December 14, 2015 - 9:14am | 699The iShares iBoxx $ High Yid Corp Bond (ETF) (NYSE: HYG), the largest exchange-traded fund holding high-yield corporate debt, is down nearly 4.5 percent over the past month, so it is not a stretch to say junk bond investors that use ETFs are not enthused by HYG's performance. However, the ETF...
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UK Admits To Spying On Google, Twitter, Other Social Media Users
Friday, June 20, 2014 - 4:53pm | 457A coalition of advocacy groups has forced the United Kingdom to admit that it has been spying on social media users in the country. However, the British government says its surveillance is legal, since it involves information and computer servers based outside of the UK. The massive...
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Confirmed! Susan Wojcicki, Google's Ad Boss, To Be Next CEO Of YouTube
Wednesday, February 5, 2014 - 5:33pm | 522Susan Wojcicki was Google's 16th employee and is now, according to media reports, the new CEO of YouTube. Wojcicki will be taking over the position from Salar Kamangar, who's expect to leave YouTube but remain working for Google (NASDAQ: GOOG). In a statement quoted by the industry newspaper...
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Is China Mobile Planning to Buy a Stake in Vodafone?
Thursday, January 30, 2014 - 8:32am | 489There's a new rumor out there; that China Mobile (NYSE: CHL) has plans to buy a stake in Vodafone (NASDAQ: VOD). That gossip comes after word that AT&T (NYSE: T) has decided againt a bid on the British communications giant, at least for the near future. Taiwan's Want China Times, quoting...
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Cable & Wireless Communications Seen as Takeover Target
Tuesday, December 17, 2013 - 2:51pm | 736One of the oldest names in the communications industry may be up for grabs. Cable & Wireless Communications (CWC), a British firm whose roots go back to telegraph companies in the Victorian era, is reportedly being considered as a takeover target by two U.S. communications giants, AT&T...
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Don't Overlook the Feature Phone Business that Nokia Brings to Microsoft
Tuesday, December 10, 2013 - 4:42pm | 487With all of the media attention focused on China Mobile (NYSE: CHL) and a deal with Apple (NASDAQ: AAPL) for the iPhone, investors should not ignore the feature phone franchise that Nokia (NYSE: NOK) brings to Microsoft (NASDAQ: MSFT). Feature phones are mid-range mobile phones; more advanced...
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Is the Phone Company the Best Way to Profit from Growth in the Philippines?
Tuesday, November 26, 2013 - 4:35pm | 415Before Typhoon Haiyan hit, the Philippines' economy was outperforming others in Asia. Capital Economics expects the country's third quarter gross domestic product (GDP) growth to be 7.5 percent. The economy is also expected to recover quickly from the storm's devastation, making Philippine Long...