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VMware to Present at Sanford Bernstein Strategic Decisions Conference (VMW)
Friday, May 28, 2010 - 4:06pm | 235VMware, Inc. (NYSE: VMW), the global leader in virtualization solutions from the desktop through the datacenter and to the cloud, today announced that Paul Maritz, chief executive officer of VMware, will present at the Sanford Bernstein Strategic Decisions Conference in New York City on June 2,...
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BP A Good Value Proposition (BP)
Saturday, May 15, 2010 - 2:26am | 107BP plc (NYSE: BP) has lost $38 billion worth of its market cap since the Deepwater Horizon rig explosion. This translates into a loss of 19% of its market capitalization. Equity research firm Sanford C. Bernstein has estimated the pretax cost of the Gulf of Mexico catastrophe for BP at $8.2...
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Chevron Upgraded At Sanford Bernstein (CVX)
Tuesday, February 16, 2010 - 2:17pm | 152Sanford Bernstein upgraded shares of Chevron Corp. (NYSE: CVX) today and bumped their price target from $84 to $88. The stock has surged 2.31% during the current trading session to $72.64. In the last month, however, the stock has lost 8.32% of its market cap. According to Google Finance, "Chevron...
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Dividend And Profits From Time Warner Cable (TWC)
Thursday, January 28, 2010 - 12:32pm | 131America’s second-largest cable company, Time Warner Cable (NYSE: TWC), announced a profit of $322 million as well as a quarterly dividend of 40 cents a share, a year after its spinoff from Time Warner (NYSE: TWX). The company used internet and digital-phone subscriptions to boost revenues by 4.2...
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Tough Road Ahead For AIG
Wednesday, January 27, 2010 - 10:17am | 346The U.S. Treasury Secretary Tim Geithner has asserted time and again that the Federal Reserve bailout was targeted at saving American International Group (NYSE: AIG) and not its counterparties. Geithner’s stance may be proved in the face of fierce questioning by the U.S. Congress, but that does not...
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The Unlikely Superstar: International Business Machines Corp. (IBM)
Wednesday, January 6, 2010 - 4:58am | 113International Business Machines Corp. (NYSE: IBM) has come across as a very stable stock. IBM closed year 2009 by touching a 10-years high mark. Toni Sacconaghi of Sanford C. Bernstein said that IBM has executed well during the past and is likely to perform well in 2010. In the past decade, IBM...
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AT&T (T) Seeks To Lower Data Consumption
Thursday, December 10, 2009 - 1:20pm | 172AT&T (NYSE: T) may unveil a new incentive plan which would reward customers for lowering their data usage. According to Mr. Ralph De La Vega, the Head of AT&T wireless and consumer businesses, the company might introduce such a plan next year. AT&T has been forced to chart this plan...