Speculation of Yahoo (YHOO) buying Netflix (NFLX) is rampant in the trading circles. The trigger for this speculation is appointment of Scott Thompson as the new CEO Yahoo.Thompson has been President of PayPal, which is a crown jewel of eBay (EBAY). Thompson has significant background in technology, mobile, and international.
This article includess information on these symbols: Google (GOOG), Microsoft (MSFT), Apple (AAPL), Netflix (NFLX), Comcast (CMCSA, CMCSK), Time Warner Cable (TWC), Verizon (VZ), and AT&T (T). Yesterday, Microsoft launched an all-new Xbox 360 experience including the first group of new custom applications from world leading TV and entertainment content
Sprint Nextel (S ) says on the conference call that the reason for the churn was lack of iPhone. Sprint further adds that iPhone will be huge for cash flow and will be very profitable. Sprint stock has moved up on these predictions. We agree that
A large number of institutional investors have been holding AT&T (T) in anticipation of share gain after the merger. We expect several of these investors to start selling AT&T stock. This will put additional downside pressure on the shares of AT&T. When the time is right we
Acquisition of T-Mobil has been blocked by the Department of Justice. AT&T (T) has said that it will contest in a court. This development is negative for AT&T and Verizon (VZ). The development is neutral for Sprint (S). T-Mobile has been an aggressive competitor. T-Mobile staying