Mike McCormack

Walt Disney Co (NYSE: DIS) on Tuesday assumed full control of Hulu and will buy Comcast Corporation (NASDAQ: CMCSA)'s 33-percent stake within five years. Guggenheim: Comcast's 'Balancing Act' Comcast's deal with Disney is akin to a "balancing act" as the company is...

Sprint Corp (NYSE: S) reported mixed fourth-quarter results, with what one analyst called “better than feared” earnings, but the company continued to reinforce the Street’s impression that it’s just hanging on until it can complete its pending $26-billion merger with T-...

AT&T Inc. (NYSE: T) reported first-quarter results Wednesday that were broadly in-line with expectations, but marred by staggering linear video losses.   The Analysts Guggenheim Securities’ Mike McCormack maintained a Buy on AT&T with a $35 price target. Raymond James...

T-Mobile US Inc (NASDAQ: TMUS) unveiled a part of its new strategy in the cable TV industry Wednesday, with the service scheduled to launch April 14 in eight markets. The latest announcement — which comes in the wake of Viacom (NASDAQ: VIA)'s content agreement — is...

A move by T-Mobile Us Inc (NASDAQ: TMUS) to offer home broadband to some rural and underserved homes is aimed at boosting chances for a merger with Sprint Corp. (NYSE: S) and probably poses only a “muted threat” to cable companies, according to Guggenheim.  What Happened T-Mobile...

Centurylink Inc (NYSE: CTL), the second largest U.S. communications provider to global enterprise customers, reported mixed fourth-quarter results and management slashed its dividend payout by 50 percent. Wells Fargo: Pain For Long-Term Gain High dividend companies like Centurylink within the...

The revised first-quarter estimates for DISH Network Corp (NASDAQ: DISH) reflect higher subscriber-related revenue, along with an increase in subscriber acquisition costs and capex, according to Guggenheim. The Analyst Guggenheim’s Mike McCormack maintains a Buy rating on DISH Network, with...

The market for telecom services remains highly competitive, with pressure on pricing and a continued shift from legacy to new technologies. Although Cogent Communications Holdings Inc (NASDAQ: CCOI) seems well-positioned, there is limited upside to the stock's valuation, according to...

Communications provider to global enterprise customers Centurylink Inc (NYSE: CTL) is "poorly positioned" within the changing telecommunications market, and the stock should be sold by investors, according to Guggenheim. The Analyst Guggenheim Partners' Mike McCormack downgraded...

Comcast Corporation (NASDAQ: CMCSA) reported a top-and-bottom line in its fourth-quarter earnings print, which showed the company is shifting its business away to better position itself against cord cutting and a competitive environment. What Happened Comcast said it earned 64 cents per share in...

AT&T Inc. (NYSE: T), Sprint Corp (NYSE: S), T-Mobile US Inc (NASDAQ: TMUS) and Verizon Communications Inc. (NYSE: VZ) have indicated positive momentum in the fourth quarter despite lower promotional activity. Competition could intensify over the next two weeks, with handset makers offering...

Notwithstanding the video headwinds faced by the cable and satellite services sector, an analyst at Guggenheim Securities is largely positive on the basis of the demand for broadband connectivity, faster speeds and new wireless products. The Analyst Analyst Mike McCormack assumed coverage of...

Despite enduring threats by bundle providers and over-the-top services, something sparkles in the traditional DISH Network Corp (NASDAQ: DISH) model. Dish dropped nearly 17 percent in the last three months, and between the pullback and a range of potential business opportunities, Jefferies...