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Kerrisdale Capital Sees 93% Downside To Straight Path Stock
Thursday, October 29, 2015 - 10:10am | 803Sahm Adrangi, Chief Investment Officer of Kerrisdale Capital, announced on Thursday a new short position in Straight Path Communications Inc (NYSE: STRP). Adrangi noted the stock is worth "at best" 90 percent less than its current market cap. The fund manager stated the stock...
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What's Enabling T-Mobile To Steal Large Carrier's Thunder?
Thursday, July 30, 2015 - 4:41pm | 320T-Mobile US Inc (NYSE: TMUS) again surprised Wall Street on Thursday by reporting much better-than-expected second-quarter numbers as well as raising the subscribers addition guidance for full year. J. Braxton Carter, T-Mobile CFO, was on CNBC to weigh in on what's driving the company...
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AT&T Wins FCC Approval - Acquires Leap And Cricket
Friday, March 14, 2014 - 1:25pm | 594AT&T (NYSE: T) announced Thursday that its $1.3 billion acquisition of Leap Wireless (NASDAQ: LEAP) and its Cricket brand was now complete. The announcement followed a statement by the Federal Communications Commission on its website that it had approved the deal, which had originally been...
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ZTE To Preview 6-inch Android and New Firefox OS Smartphone at Mobile World Congress
Tuesday, February 18, 2014 - 3:33pm | 562Chinese smartphone maker, ZTE Corp. (OTC: ZTCOY), as expected, will unveil a plethora of new and updated devices at the Mobile World Congress in Barcelona, Feb 24, according to a company press release. First, there will be the Grand Memo 2 LTE, a follow-up to a device launched at last year’s...
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How Verizon Might Utilize Intel's On Cue
Thursday, January 23, 2014 - 4:28pm | 599Verizon (NYSE: VZ) hopes to pull off what Intel (NASDAQ: INTC) could not – streaming live and delayed television, along with DVR, all in one service. Verizon bought out Intel’s internal Media team and its On Cue pay-tv service, which it said it initially planned to integrate with its in-house...
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AT&T to Buy Spectrum From Arch Rival
Friday, January 25, 2013 - 12:19pm | 314AT&T (NYSE: T), one of the nation's wireless company, announced plans Friday to purchase 700 megahertz B Band wireless spectrum for $1.9 billion in cash from its rival Verizon (NYSE: VZ). The move is part of a larger strategic initiative of the company to improve its 4G LTE coverage. In the...
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Amazon Physically Expands Following Kindle Introductions
Friday, September 7, 2012 - 8:31am | 493Following a highly publicized press conference on Thursday afternoon in which Amazon (NASDAQ: AMZN) revealed a new line of Kindle devices, the company delivered more good news to the American public. Amazon will create 2,000 new jobs once the online retailer opens up three more distribution centers...
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Sprint Nextel Earnings Preview: 'Sprint Ahead' on Vision Network?
Tuesday, July 24, 2012 - 10:02am | 1256Wireless and communications network holding company Sprint Nextel (NYSE: S) announces second-quarter earnings on Thursday, July 26 before market open. Analysts expect earnings per share (EPS) of $-0.38 on revenues of $8.73 billion. Sprint Nextel beat analyst estimates the past four quarters,...
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iPhone 5 Confirmed for Summer Release?
Monday, April 16, 2012 - 1:07pm | 725The May release of Samsung's Galaxy 3 has inspired mountains of speculation that the iPhone 5 will be released in June or July. This stems from the release of the Galaxy 1, which came shortly after the iPhone 4, and the Galaxy 2, which arrived just before the iPhone 4S. Now many in the media...
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Sprint iPad to Get Unlimited 4G LTE?
Wednesday, April 4, 2012 - 8:49am | 855Sprint will continue to offer an unlimited data package to 4G LTE subscribers. What does this mean for future iPad buyers? It could mean that they will finally be able to cut the hoard -- that is, the data-hogging corporations that continually throttle loyal, lifelong customers while doing...
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New iPad at $499 with Retina Display, 4G LTE, 1080p Video Recording
Wednesday, March 7, 2012 - 2:48pm | 250Apple's long-awaited iPad doesn't have a fresh name (yet), but it does pack a bunch of eye-opening – and eye-pleasing – features. Including the list of anticipated features: 4G LTE, Retina Display (at 2048x1536 resolution), and 1080p video recording. The new iPad will also include a 5MP camera...
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iPad 3 Coming Tomorrow: What Can You Expect?
Tuesday, March 6, 2012 - 12:51pm | 1099In just over 24 hours, the world will finally receive the first official glimpse of the long-awaited iPad 3. Here's what you can expect from the big reveal. Textbooks Aplenty For starters, Apple enthusiasts can expect more textbooks or textbook-related announcements. While many Apple enthusiasts...
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10 iPad 3 Rumors We Hope Are True
Wednesday, February 29, 2012 - 9:02am | 1233Ten things we hope come true when the iPad 3 is unveiled on March 7. Yesterday afternoon, Apple (NASDAQ: AAPL) finally confirmed that it would hold an event for the long-awaited iPad upgrade next Wednesday. Using nothing more than an image of a finger and a close-up of what could only be the third...