T-Mobile and Sprint Corp in Active Merger Talks
On Tuesday, September 19, CNBC reported that T-Mobile US, Inc. (NASDAQ:$TMUS) and Sprint Corporation (NYSE:$S) are currently in active merger talks. This should not come as a total surprise as Japan’s SoftBank Group Corporation (OTCMKTS:$SFTBF), ... [Read]
Cisco Executive Chairman John Chambers to Step Down
John Chambers, Cisco Systems executive chairman (NASDAQ:$CSCO), will be not be running for re-election in December. Chambers, who has served on the board since 1993, will be replaced with current Cisco CEO Chuck Robbins. As ... [Read]
Could Verizon Be in an Acquisition Battle Against Google and Facebook?
Looking to get into the world of communications stocks? You might find this interesting: Just three months after finalizing the data-breach plagued acquisition of Yahoo, Verizon (NYSE:$VZ) CEO Lowell McAdam has announced that additional content ... [Read]
AT&T Unlimited Choice Customers Eligible For Free Access to HBO
Are you an AT&T (NYSE:$T) Unlimited Choice customer? If so, you can now get a subscription to HBO as part of your plan! On Tuesday, September 12, AT&T announced on a blog post that its ... [Read]
Everything You Need To Know About CenturyLink’s Long-Term Growth Strategy
Major telecom companies in the U.S., including CenturyLink (NASDAQ:$CTL), experienced a tough 2Q17. The company serves 10.7 million voice line customers and 5.9 million broadband customers. As a general consensus, Wall Street speculates CenturyLink’s fiscal ... [Read]
Here is Why Hewlett Packard Enterprise Acquired a Cloud Consulting Company this Week
Hewlett Packard Enterprise (NASDAQ:$HPE) acquired a cloud-consulting company, Cloud Technology Partners, for an undisclosed amount earlier this week. The incentive? HPE hopes to strengthen its hybrid IT consulting capabilities in the Cloud market space. The ... [Read]
Finisar Shares Fall, Rumors of Apple Deal Termination
Finisar (NASDAQ:$FNSR), a fiber-optic component supplier, saw its shares decrease by 6% at $20.58 on Friday. Yesterday, the company reported fiscal Q1 revenue beat expectations by a hair, but missed its outlook for this quarter’s ... [Read]
Shares of Comcast Corporation Plunged Today, Here’s Why
Ouch! On Thursday, September 7, Comcast Corporation (NASDAQ:$CMCSA) shares plunged, falling as much as 7.2%. The Philadelphia-based company saw its stock finish the trading day down 6.2%. So What Happened? Many speculate the sharp decline ... [Read]
How Cisco Returned $9.2 Billion to Shareholders
It was a good year to be a Cisco (NASDAQ:$CSCO) shareholder. As of the end of the latest quarter, Cisco had returned $100.3 billion to shareholders in the form of repurchases since it introduced the ... [Read]
Comcast Corp’s Universal Studios Sells its 45% Stake in Oriental Dreamworks
Comcast Corp (NASDAQ:$CMCSA) is one of the nation’s leading cable multi service operators and media giant. Its CMCSA unit, Universal Studios, is speculated to sell its 45% stake in Chinese movie studio Oriental Dreamworks to ... [Read]