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Stock Downgrades: Cisco Systems, Inc. (NASDAQ:CSCO), Frontier Communications Corp (NASDAQ:FTR), QEP Resources Inc (NYSE:QEP), Zillow Inc (NASDAQ:Z)
Cisco Systems (NASDAQ:CSCO) was downgraded by stock analysts at Standpoint Research from a “buy” rating to a “hold” rating in a report issued on Tuesday, AmericanBankingNews.com reports. Shares of Cisco Systems, Inc. (NASDAQ:CSCO)closed at $23.52 in last trading session. Yesterday share price of the company was traded in the range of $23.40 – $23.61. Company…
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Teclecom Stocks – AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Frontier Communications Corp (NASDAQ:FTR), CenturyLink, Inc. (NYSE:CTL)
AT&T Inc. (NYSE:T) wants to replace an existing communications tower at Great Hill Hose Company on Botsford Road with a new one. Shares of AT&T Inc. (NYSE:T) closed at $33.70 in last trading session. Yesterday share price of the company was traded in the range of $33.68 to $34.03. Company now has a market value…
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Gainers on Major News – Facebook Inc (FB), Boeing (BA), Frontier Communications (FTR), Sprint Corporation (S)
Facebook Inc (NASDAQ:FB) shares soared to a new all-time high today, surged nearly 2% to top $55 per share after the company announced that it started testing auto-play video ads. Facebook Inc (NASDAQ:FB)’s shares have risen 105% so far this year. Shares of Facebook Inc (NASDAQ:FB) closed at $54.86 during last trading session. The share…
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AT&T Inc. (NYSE:T) Approaches Telefonica S.A. (ADR) (NYSE:TEF), Report: Verizon, Frontier Communications, Windstream
Spain’s largest phone firm Telefonica S.A. (ADR) (NYSE:TEF) surged the most in three months in Madrid trading following newspaper El Mundo declared that AT&T Inc. (NYSE:T) made a purchased approach that was discarded by the country’s government. Telefonica shares increased around 3.9% to 10.42 euros, the most since March 14. The stock moved up 2.6%…
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Microsoft (NASDAQ:MSFT) Reportedly Set to Launch its Own Handset – (FTR, HAL, NFLX)
The world’s biggest personal computer maker is not the only one missing investors’ expectations for the coming earnings season. Wall Street analysts anticipate that companies in the S&P 500 reported 2.1% less profit in the third quarter as compared to the same period last year, according to Thomson Reuters. That would hit the first time…
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Apple Inc. (NASDAQ:AAPL) Left Once Top Japan’s Consumer Electronics Makers Far Behind
The U.S. equity market kicks off the last quarter of 2012 with a heavy schedule of reports underlining situations in the U.S. economy, with all leading up to data that will illustrate if there has been any progress in the unstable labor market. U.S. stock completed its best third quarter since 2010. The action starts…
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S&P 500 Scores Best Two-Day Rally Since Early May – FTR, GNW, F
Wall Street was set for a higher open on Wednesday after data from payrolls processor Automatic Data Processing revealed private sector has hired 163,000 employees in July, beating economists’ forecast for 120,000 new jobs and prior to the Federal Reserve’s announcement on the economy and a possible new set of spur. The S&P 500 reported…