• PennyStocksProfile.com Breakout Earnings Alerts on: Motorola Solutions Inc. (NYSE: MSI), GlaxoSmithKline Plc (NYSE: GSK), Sprint Nextel Corp. (NYSE: S), and US Airways Group …

    Deals @ Amazon:

    Xingtone 5 Create Share Ringtones & MoreXingtone 5 Create Share Ringtones & MoreWhat’s a Xingtone? It’s a unique ring tone on your mobile cell-phone or similar communication device. With Xingtone Ringtone Maker 5 from Roxio, you c… Read More >


    PennyStocksProfile.com, a leader in small-cap alerts, announces today four stocks to watch closely: Motorola Solutions Inc. (NYSE: MSI), GlaxoSmithKline Plc (NYSE: GSK), Sprint Nextel Corp. (NYSE: S), and US Airways Group Inc. (NYSE: LCC).

    Motorola Solutions Inc. (NYSE: MSI) said this morning that its first-quarter net income declined from a year ago when the company recorded a large tax-related gain. MSI could see significant trading action today.

    Read the report on Motorola Solutions Inc. (NYSE: MSI): http://www.pennystocksprofile.com/reports/mot

    GlaxoSmithKline Plc (NYSE: GSK) is down almost $2 in pre-market trading after the company reported a 13 percent drop in first-quarter net profit. GSK could see some more downside today.

    Read the report on GlaxoSmithKline Plc (NYSE: GSK) http://www.pennystocksprofile.com/reports/gsk

    Sprint Nextel Corp. (NYSE: S) saw its share rose 9 percent in pre-market trading today. The company is seeing increase its network user with an added 263,000 new subscribers. Sprint beat expectation because its quarterly loss was small then predicted.

    Read the report on Sprint Nextel Corp. (NYSE: S): http://www.pennystocksprofile.com/reports/s

    US Airways Group Inc. (NYSE: LCC) is reporting a first-quarter profit of $48 million because of one-time items. Revenue rose 10 percent. LCC could see significant bullish activity today.

    Read the report on US Airways Group Inc. (NYSE: LCC):

    http://www.pennystocksprofile.com/reports/lcc

    PennyStocksprofile.com focus on bringing only the best small-cap companies to its members.We alerted our members stocks right before it moved up over 100%. With combined 30 years of experience, our expertise in the market yielded tremendous profits for our members with our 5 last picks jumping over 200%.

    To learn more about the companies above and to receive timely stock alerts visit us at : http://www.pennystocksprofile.com

    This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Information, opinions and analysis contained herein are based on sources deemed to be reliable and are subject to change without notice. A third party has hired and paid IO NewsWire one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Accordingly, certain information included herein may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. However, no representation, expressed or implied, is made as to the accuracy, completeness or correctness. In light of the above, we accept no liability for any losses arising from an investor’s reliance on or use of this report. We do not and have not had any ownership interest in said third party of any kind.

    © Marketwire 2012

     
  • Apple, Sprint Nextel, Boeing Hoist Stock Futures

    Deals @ Amazon:

    Big earnings reports lifted stock futures to early gains in Wednesday’s premarket trade. But futures eased from highs after disappointing March durable goods data.

    Nasdaq futures were up 50.5 points. Dow futures kept a 28-point gain and SP 500 futures were up 8.1 points.

    Durable goods orders slumped 4.1% in March, down from a 2.2% gain in February and below expectations for a 1.5% decline. Minus transportation, orders slipped 1.1% vs. February’s 1.6% gain and views for a 0.4% advance.

    Apple (AAPL) soared 8%, topping the $600 mark in premarket action, after reporting late Tuesday its Q1 EPS leapt 82%, to $12.80. Revenue swept up 52% to $39.2 billion. Both numbers trounced analyst consensus expectations. Management gave second-quarter sales and earnings guidance below analyst forecasts. The performance outpaced general computer and smartphone markets, with iPad sales up 151%, iPhone sales 88% higher and Macintosh sales ahead 7%. But iPod sales declined 15%.

    Selling was moderate as the stock cut its 50-day moving average Monday. It ended Tuesday 31% above a 427.85 buy point after clearing a cup-with-handle base in January.

    Sprint Nextel (S) vaulted 11% after its Q1 loss of 28 cents bested analyst consensus views by 13 cents. Revenue rose 5%, ticking past forecasts to $8.73 billion. Wireless services revenue gained 7%, to $7.2 billion as the company reported 1.1 million net new customers during the quarter. The company sold 1.5 million iPhones.

    Boeing (BA) climbed 2% as sales of commercial aircraft lifted its adjusted first-quarter earnings 42% to $1.11 a share, well beyond consensus views of 94 cents. Revenue climbed 30% to $19.38 billion vs. analyst forecasts for $18.45 billion. New orders totaling $42 billion drove the backlog to a record $300 billion. Orders for commercial aircraft rose 54%, while defense orders lagged, up 8%.

    The Chicago-based aerospace leader raised its full-year EPS projection to between $4.15 and $4.35, up from prior guidance of $4.05 to $4.25.

    Vitamin chain GNC Holdings (GNC) popped 8% after reporting a 76% jump in Q1 EPS to 60 cents vs. views for 52 cents. A 23% gain in revenue to $624.3 million also easily topped forecasts. The company lifted its full-year guidance to $2.05, up from $1.82 and well above consensus views.

    The stock has been rebounding in light trade from 10-week support.

    Overseas, Asia’s markets closed narrowly mixed. The region’s strongest gain came from Tokyo’s Nikkei 225, which closed 1% higher, buoyed by Apple’s strong results.

    Markets in Germany and France held solid gains in early afternoon trade, with Frankfurt’s DAX ahead 1.3% and the CAC-40 in Paris up 1.8%. London’s FTSE 100 pared its early gains and was fractionally higher, after first-quarter GDP data showed the country had officially slipped back into recession.

    Crude futures traded relatively steady, near $104 a barrel, ahead of oil inventories data due out at 10 a.m. EDT. Gold was flat near $1,640 an ounce.

     
  • UPDATE 1-MetroPCS 1st-qtr results misses estimates

    Deals @ Amazon:


    Thu Apr 26, 2012 6:31am EDT

    * Q1 EPS $0.06 vs est $0.17

    * Q1 revenue $1.27 bln vs est $1.29 bln

    April 26 (Reuters) – Wireless operator MetroPCS
    Communications Inc posted a lower-than-expected first
    quarter as it incurred higher costs on subsidizing consumer
    upgrades of handsets and added fewer subscribers than analysts
    expected.

    Bigger operators like Sprint Nextel Corp and Deutsche
    Telekom AG’s T-Mobile USA have entered the low-cost
    phone markets, forcing smaller companies like MetroPCS and Leap
    Wireless International Inc to shift towards smartphones
    which require additional spectrum.

    The steady growth of Carlos Slim’s cellphone giant America
    Movil’s Tracfone Straight Talk plans is also giving
    MetroPCS greater competition in its core markets.

    In February, Sprint Nextel’s board vetoed a multibillion
    dollar purchase of MetroPCS at the last minute due to concerns
    that the timing was wrong for a deal.

    Net income for the wireless operator more than halved to $21
    million for the quarter ended March 31, or 6 cents per share,
    from $56 million, or 15 cents per share, a year ago.

    MetroPCS added 131,654 new subscribers to end the quarter
    with 9.4 million subscribers.

    Five analysts contacted by Reuters had expected it to add
    between 236,000 and 400,000 customers.

    Customer defection rate – also known as churn – remained
    flat at 3.1 percent.

    Revenue for the quarter rose 7 percent to $1.27 billion.

    Analysts, on average, were looking for earnings of 17 cents
    per share on revenue of $1.29 billion, according to Thomson
    Reuters I/B/E/S.

    Shares of the company have lost more than one-third of their
    value since Sprint backed out of its acquisition bid in
    February. They closed at $7.94 on Wednesday on the New York
    Stock Exchange.

     
  • Sprint posts $863 million loss, but that’s not the whole story

    Deals @ Amazon:

    Sprint Nextel started off 2012 on a sour note, the company revealed today in its first-quarter earnings release.

    During the first three months of 2012, Sprint lost $863 million, or a loss of 29 cents per share. During the same period in 2011, the company posted a net loss of $439 million. Sprint generated $7.2 billion in revenue during the quarter, which was actually up 7 percent year-over-year.

    Sprint said today that its loss was due primarily to the accelerated depreciation related to the planned shutdown of Nextel.

    Despite its loss, Sprint sounded relatively positive about its first quarter, saying that the company’s average revenue per user (ARPU) on the postpaid side jumped $4.03, or 6.9 percent, making it the “largest year-over-year increase on record for the U.S. wireless industry.” And with nearly 1.1 million net subscriber additions during the period, Sprint’s total customer base grew to 56 million.

    As one might expect, Apple’s
    iPhone proved quite popular on Sprint’s service, with 1.5 million of those devices activated during the first quarter. According to Sprint, 44 percent of those activations went to new customers.

    Still, Sprint is the smallest iPhone seller among major carriers. ATT yesterday revealed that it activated 4.3 million iPhones during the first quarter, and Verizon came in more than 1 million units behind ATT. Interestingly, ATT said yesterday that it sold a total of 5.5 million smartphones during the first quarter, indicating that Apple’s device took the lion’s share of sales. Sprint didn’t say how many smartphones it sold during the first quarter.

    Looking ahead, Sprint will focus much of its efforts on its Network Vision initiative, a plan to overhaul its current wireless infrastructure and replace it with equipment that can run multiple wireless technologies, including 3G CDMA and 4G LTE. Sprint says that it currently has 600 Network Vision sites on air right now, and expects to have 12,000 up and running by the end of the year. In addition, it plans to launch its 4G LTE service to Houston, Dallas, San Antonio, Atlanta, Kansas City, and Baltimore by the middle of this year.

     
  • Stocks: Apple boost ahead of the Fed

    Deals @ Amazon:

    Stronger than expected results from Apple have U.S. stocks poised
    for a higher open ahead of Federal Reserve meeting Wednesday, and
    chairman Ben Bernanke’s press conference where he will give his
    latest assessment of the economy.

    The Dow Jones industrial average, SP 500 and Nasdaq futures
    were all higher ahead of the opening bell. Stock futures indicate
    the possible direction of the markets when they open at 9:30 a.m.
    ET.

    Global markets got a lift from better-than-expected earnings from
    Apple, the world’s most valuable company. Shares rose nearly 8%
    in after-hours trading, taking its share price back above $600
    after a couple of weeks of declines. Apple reported its net
    income nearly doubled to $11.6 billion, or $12.30 per share, on
    much stronger-than-expected iPhone sales — especially in Asia.

    Wednesday will also bring more corporate earnings for investors
    to consider, with Dow components Boeing and Caterpillar releasing
    first-quarter data before the opening bell, along with telecom
    Sprint Nextel and health insurer Wellpoint.

    Several economic reports are on tap as well, which will be parsed
    for clues to the health of the U.S. economic recovery.

    U.S. stocks finished mixed Tuesday. Better-than-expected earnings
    boosted the Dow and SP, while Netflix weighed down the
    Nasdaq.

    World markets: European stocks were higher in morning trading,
    despite a reading on gross domestic product in the United Kingdom
    which suggested that Great Britain has fallen back into
    recession. London’s FTSE 100 edged up 0.3%, while the DAX in
    Germany added 1.3% and France’s CAC 40 gained 1.8%.

    Asian markets ended mixed, with the Shanghai Composite rising
    0.8% and Japan’s Nikkei up nearly 1%, while the Hang Seng in Hong
    Kong slid 0.2%.

    Economy: Several economic reports are will be released Wednesday
    morning, starting with the Mortgage Bankers Association’s weekly
    survey of mortgage applications.

    Also on tap is the Commerce Department’s durable goods report for
    March, which measures both consumer demand for big ticket items
    as well as business spending on equipment. Economists surveyed by
    Briefing.com expect durable goods will drop 2.5%.

    But the highlight of the day will likely be the Fed’s midday
    report and Bernanke’s comments in the early afternoon. Few expect
    him to waver from his position that the economy will continue to
    warrant “exceptionally low” interest rates through late 2014.

    Companies: Analysts surveyed by Thomson Reuters expect Boeing to
    have earnings of 94 cents a share on $18.3 billion in revenue,
    while Caterpillar is expected to post earnings of $2.13 per share
    on $16.2 billion in revenue.

    Analysts predict Sprint Nextel will post losses of 41 cents a
    share on revenue of $8.7 billion. Meanwhile, Wellpoint is
    expected to report earnings of $2.27 per share on revenue of
    $15.2 billion.

    Currencies and commodities: The dollar lost ground against the
    euro and the Japanese yen, but rose against the British pound.

    Oil for June delivery rose 48 cents $104.03 a barrel.

    Gold futures for June delivery lost 90 cents to $1,642.90 an
    ounce.

    Bonds: The price on the benchmark 10-year U.S. Treasury slipped,
    pushing the yield up slightly to 1.96%.

     
  • Sprint Nextel Reports First Quarter 2012 Results

    Deals @ Amazon:

  • 0423_instagram1_360x240

    Learn How to Become the Next Steve Jobs

    Author Tina Seelig, executive director of the Stanford Technology Ventures Program, says creativity, innovation, and entrepreneurship are skills that can be taught

 
  • Analysts expect renewed contract losses when Sprint Nextel reports quarterly results Wednesday

    Deals @ Amazon:

    Post Recommended

    Washington Post reporters or editors recommend this comment or reader post.

     
  • Sprint Nextel up 5% after results

    Deals @ Amazon:

    <!– hack to avoid firefox v

    Asia Markets

    Most Asia markets up on techs, China developers

    3.

     
  • Sprint Nextel Posts Wider Quarterly Loss

    Deals @ Amazon:

    Sprint Nextel


    Sprint Nextel posted a wider quarterly loss as the No. 3 U.S. mobile service provider grappled with steep costs stemming from a network upgrade project and subsidies for smartphones such as Apple iPhone.

    Sprint
    [S 
    Loading... 
     
     
    ()
     
    ]
    posted a loss of $863 million, or 29 cents per share, compared with a loss of $439 million, or 15 cents per share, in the year-ago quarter.

    Revenue rose 5 percent to $8.7 billion from $8.3 billion and was in line with Wall Street estimates of $8.7 billion, according to Thomson Reuters I/B/E/S.

    Last week, the state of New York sued Sprint for more than $300 million in tax fraud, accusing it of deliberately not collecting or paying millions of dollars of taxes for its cell phone service.

    Rival ATT
    [T 
    Loading... 
     
     
    ()
     
    ]
    reported higher-than-expected quarterly profits on Tuesday, but also said its results were weighed down by weaker iPhone sales
    [APPL 
    Loading... 
     
     
    ()
     
    ]
    . The No. 2 U.S. mobile provider added 187,000 subscribers in the quarter, while Verizon
    [VZ 
    Loading... 
     
     
    ()
     
    ]
    reported 501,000 net additions last week.

    (Click here to see the latest quote from Sprint.)

    • NY State Sues Sprint 
    • IPad Pits Verizon Against ATT 
    • Carriers Warn of Crisis in Mobile Spectrum

     
  • The Zacks Analyst Blog Highlights: AT&T, Apple, Google, Verizon Communications and Sprint Nextel – Press Releases

    Deals @ Amazon:

    For Immediate Release

    Chicago, IL – April 23, 2012 – Zacks.com announces the list of
    stocks featured in the Analyst Blog. Every day the Zacks Equity
    Research analysts discuss the latest news and events impacting
    stocks and the financial markets. Stocks recently featured in the
    blog include

    ATT Inc.

    (
    T

    ),
    Apple Inc.

    (
    AAPL

    ),
    Google Inc.

    (
    GOOG

    ),
    Verizon Communications Inc.

    (
    VZ

    ) and
    Sprint Nextel Corp.

    (
    S

    ).

    Get the most recent insight from Zacks Equity Research with the
    free Profit from the Pros newsletter:

    http://at.zacks.com/?id=5513

    Here are highlights from Friday’s Analyst Blog:


    Earnings Preview: ATT

    The second-largest U.S. mobile service provider
    ATT Inc.

    (
    T

    ) is slated to release its first quarter 2012 earnings on April 24,
    before the opening bell. The current Zacks Consensus Estimate for
    the first quarter is 57 cents, representing a year-over-year
    increase of 0.37%.

    Looking at surprises, ATT had average negative surprise of
    0.32% in the trailing four quarters. In the year-earlier quarter,
    the company did not surprise us by reporting in line earnings with
    our expectation.

    At the fourth quarter 2011 conference call, ATT provided
    guidance for fiscal 2012. The company projected consolidated
    revenue, including post-paid ARPU, to grow 2% year over year.
    ATT also guided consolidated margin to expand further on
    increasing wireless margins and stable wireline margin.
    Accordingly, earnings per share would increase in the mid
    single-digit range, leading to further earnings acceleration in the
    years ahead.

    Further, ATT expected capital spending to be flat year over
    year at $20 billion and free cash flow in the range of $15-$16
    billion. Moreover, the company intends to start the share buyback
    plan shortly as 300 million share repurchases are remaining under
    its share repurchase authorization.

    Fourth Quarter Flashback

    Lofty subsidies associated with
    Apple Inc.

    ‘s (
    AAPL

    ) iPhone negatively impacted fourth quarter earnings, which lagged
    the Zacks Consensus Estimate and remained below the year-ago level.
    However, revenue managed to grow year over year, outpacing the
    Zacks Consensus Estimate on healthy mobile broadband sales, strong
    wireless network performance and improved wireline revenue
    trends.

    Wireless revenue advanced on the back of strong data revenues
    and subscriber growth. Rapid adoption of smartphones including
    iPhone 4S, healthy prepaid and reseller subscriber count along with
    growth in tablets and connected devices such as automobile
    monitoring systems and security systems led to the growth in retail
    wireless subscribers. Quarterly post-paid additions were the
    highest in five years.

    Despite the solid momentum for ATT U-verse and strategic
    services, Wireline revenue dipped on weakness in voice and legacy
    data products.

    Fiscal 2011 Flashback

    ATT exited the year with increasing top line but decreasing
    bottom line. Wireless business remained healthy while the Wireline
    business was a turnaround story. The company continues to enjoy its
    leadership in WiFi and boasts of the best Internet speeds in the
    industry. ATT is the only US carrier that provides 4G network
    through both Long Term Evolution (LTE) and High-Speed Packet Access
    Plus (HSPA+) technologies.

    The company enhanced its balance sheet by reducing debt.
    ATT reduced its net debt by $3.2 million during 2011. This
    shows the company’s ability to expand its business further.

    Agreement of Analysts

    Estimates reflect a negative bias for both the first quarter and
    fiscal 2012 over the last 30 days. For the first quarter, 6
    analysts out of 24 made downward revisions while 3 moved in the
    opposite direction. For fiscal 2012, out of the 31 covering
    analysts, 6 revised their estimates downward while 3 revised it
    positively.

    The analysts made downward revisions primarily based on iPhone
    subsidies, which will likely limit ATT’s margins and profits
    throughout the year. Additionally, the company is facing hurdles in
    managing the rising mobile data traffic resulting from the most
    popular iPhone and
    Google Inc.

    ‘s (
    GOOG

    ) Andriod smartphones amid stiff competition and limited wireless
    spectrum licenses.

    With the unsuccessful ending to the T-Mobile merger story last
    year, the company is in need of additional airwaves to expand its
    high-speed services. Already criticized for dropped calls and poor
    network coverage, ATT will face more constraints in its
    capacity deployment compared to its largest rival,
    Verizon Communications Inc.

    (
    VZ

    ), which will in turn hurt subscriber growth.

    Further, ATT is competing fiercely with the aggressive
    pricing plans of Verizon and
    Sprint Nextel Corp.

    (
    S

    ). Moreover, smaller wireless carriers are also offering cost
    effective unlimited voice and data plans. This may negatively
    influence ATT’s high-end handset sales and challenge
    subscriber retention.

    Moreover, ATT is facing a potential strike threat in its
    wireline division in the East, Midwest, West and legacy should it
    fail to negotiate the new labor contract with them; the strike has
    not yet been called.

    The analysts believe these negatives offset ATT’s strong
    subscriber count and average revenue per user, which is driven by
    increased penetration of smartphones and iPhones, in the U.S.
    market in particular.

    Magnitude – Consensus Estimate Trend

    The magnitude of revisions for the first quarter remained stable
    over the last 7 days at 57 cents, but decreased from 58 cents over
    the last 30 days.

    Similarly, the Zacks Consensus Estimate for 2012 is $2.33,
    unchanged over the last 7 days but down by a penny over the last 30
    days.

    Neutral Recommendation

    We expect this year to be a strong with continued growth in
    revenue, earnings per share and free cash flow as well as margin
    expansion. Strong adoption of iPhones and Android smartphone sales
    coupled with the LTE networks, expanding U-verse services, entrance
    into cloud computing and hotel WiFi businesses are expected to
    boost the company’s future profitability.

    However, persistent declines in traditional voice access lines,
    aggressive pricing plans by rivals, iPhone subsidies and intense
    competition from cable companies and other alternative services
    providers are risks to the stock.

    We are currently maintaining our long-term Neutral
    recommendation on ATT. The stock retains a Zacks #3 (Hold)
    Rank for the short term (1-3 months).

    Want more from Zacks Equity Research? Subscribe to the free
    Profit from the Pros newsletter:

    http://at.zacks.com/?id=5515

    .

    About Zacks Equity Research

    Zacks Equity Research provides the best of quantitative and
    qualitative analysis to help investors know what stocks to buy and
    which to sell for the long-term.

    Continuous coverage is provided for a universe of 1,150 publicly
    traded stocks. Our analysts are organized by industry which gives
    them keen insights to developments that affect company profits and
    stock performance. Recommendations and target prices are six-month
    time horizons.

    Zacks “Profit from the Pros” e-mail newsletter provides
    highlights of the latest analysis from Zacks Equity Research.
    Subscribe to this free newsletter today:

    http://at.zacks.com/?id=5517

    About Zacks

    Zacks.com is a property of Zacks Investment Research, Inc.,
    which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew
    he could find patterns in stock market data that would lead to
    superior investment results. Amongst his many accomplishments was
    the formation of his proprietary stock picking system; the Zacks
    Rank, which continues to outperform the market by nearly a 3 to 1
    margin. The best way to unlock the profitable stock recommendations
    and market insights of Zacks Investment Research is through our
    free daily email newsletter; Profit from the Pros. In short, it’s
    your steady flow of Profitable ideas GUARANTEED to be worth your
    time! Register for your free subscription to Profit from the Pros
    at

    http://at.zacks.com/?id=5518

    .

    Visit

    http://www.zacks.com/performance

    for information about the performance numbers displayed in this
    press release.

    Follow us on Twitter:

    http://twitter.com/zacksresearch

    Join us on Facebook:

    http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

    Disclaimer: Past performance does not guarantee future results.
    Investors should always research companies and securities before
    making any investments. Nothing herein should be construed as an
    offer or solicitation to buy or sell any security.

    Media Contact

    Zacks Investment Research

    800-767-3771 ext. 9339

    support@zacks.com


    http://www.zacks.com

     

    APPLE INC (
    AAPL

    ): Free Stock Analysis Report

     

    GOOGLE INC-CL A (
    GOOG

    ): Free Stock Analysis Report

     

    SPRINT NEXTEL (
    S

    ): Free Stock Analysis Report

     

    ATT INC (
    T

    ): Free Stock Analysis Report

     

    VERIZON COMM (
    VZ

    ): Free Stock Analysis Report

     

    To read this article on Zacks.com click here.

     
  • Bad Behavior has blocked 2085 access attempts in the last 7 days.