Jul 22, 2010
Stocks Soar As AT&T, Caterpillar Raise Forecasts
The economy won out over earnings season Wednesday, when a round of mostly better-than-expected reports couldn't stop a triple-digit slide in the Dow Jones industrial average.
Jul 22, 2010
AT&T Profits Up, Driven By iPhone
With profits rising 26%, AT&T announced second quarter results Thursday that are a harbinger of the firm's improved financial performance for the full year.
AT&T's net income for the quarter rose to $4.01 billion from $3.02 billion over the previous year's quarter.
Jul 18, 2010
Tough calls for AT&T’s embattled chief
In many ways, AT&T’s challenges encapsulate those of the broader industry. Telecoms companies generate large amounts of cash and offer healthy dividend yields, but investors anxious about commoditisation fear the industry will witness little or no growth as the world emerges from recession.
Jul 12, 2010
iPhone subtraction could be addition for AT&T
It may seem paradoxical, but losing iPhone exclusivity could be addition by subtraction for AT&T. The industry has priced data plans poorly. Smart-phones traditionally came with all-you-can eat policies. With the most popular phone, AT&T has attracted gluttons. It recently switched to a tiered model for new customers, who pay for more usage.
Jul 8, 2010
AT&T Finds Glitch Affecting iPhone 4
AT&T said a software defect is slowing down the wireless connection for more than one million customers looking to send data from smartphones like the iPhone 4 or laptop modems.
Jul 2, 2010
Coalition challenges AT&T special access rates
A group of competitive carriers and public interest groups calling themselves the NoChokePoints Coalition is asking the FCC to step in to prevent new pricing from AT&T for special access lines that was scheduled to go into effect this week.
Jul 1, 2010
Ma Bell Should Be A $34 Stock
Analysts at FBR Capital Markets continued to back their "top pick" status for telecom superpower AT&T on Thursday. The firm also backed its $34 price target on the stock, which would represent a 40% upside from the current $24.
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