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CSCO
Cisco whistleblower gets first False Claims payout over cybersecurity
By Joseph Menn SAN FRANCISCO Reuters Cisco Systems O CSCO Inc has agreed to settle a whistleblower s claim that it improperly sold video surveillance software with known vulnerabilities to U S federal and state governments marking the first payout on a False Claims Act case brought over failure to meet cybersec...
CSCO
Cisco Falls 4
Investing com Cisco NASDAQ CSCO fell by 4 02 to trade at 53 18 by 10 41 14 41 GMT on Friday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 6 59M Cisco has traded in a range of 53 16 to 54 32 on the day The stock has traded at 57 5000 at its highest and 53 1600...
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Internet Of Things Prospers Globally Investment Ramps Up
Internet of Things IoT which enables any physical electronic device with a valid IP address to transfer data seamlessly over a wireless network is the latest in the league of service and business models that have been gaining rapid market traction According to a recent report by research firm International Data C...
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Yahoo era ends as Verizon closes 4 48B buyout
Verizon VZ 0 9 has closed on its 4 476B acquisition of Yahoo s YHOO 1 1 core business bringing to a symbolic end the saga of the sale of an Internet pioneer and launching a pair of new enterprises each with a different focus As planned Yahoo and its Internet assets will join with dozens of other Verizon br...
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Sprint offers one year free unlimited service aimed at Verizon users
By Anjali Athavaley NEW YORK Reuters Sprint Corp is offering free unlimited data talk and text for a year in an aggressive promotion launched on Tuesday aimed at Verizon customers in an oversaturated U S wireless market Customers who switch to Sprint before June 30 and bring their own devices will get free serv...
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Verizon closes Yahoo deal Mayer steps down
Reuters Verizon Communications Inc N VZ said on Tuesday it closed its 4 48 billion acquisition of Yahoo Inc s O YHOO core business and that Marissa Mayer chief executive of the internet company had resigned The completion of the acquisition marked the end of Yahoo as a stand alone internet company a tech...
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Ericsson s latest mobility report
North America and Asia Pacific are tipped to beat Europe in 5G adoption according to Ericsson BS ERICAs s latest Mobility Report which expects more than half a billion 5G subscriptions worldwide by 2022 In North America there s great interest from the major operators we ve seen statements from both Verizon N...
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Verizon to incur 500 million in pre tax costs from Yahoo deal
Reuters Verizon Communications Inc N VZ said on Thursday it expected to incur about 500 million in pre tax expenses in the second quarter as a result of its 4 48 billion purchase of Yahoo Inc s O YHOO core business Verizon is combining Yahoo s internet assets with AOL which it bought two years ago to for...
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Altaba formerly Yahoo to start trading on Monday
Reuters Shares of Altaba Inc the holding company left behind after Yahoo NASDAQ YHOO Inc s sale of its core internet business to Verizon Communications Inc NYSE VZ will begin trading on the Nasdaq on Monday Altaba s main assets include a 15 5 percent stake in Chinese e commerce leader Alibaba NYSE BABA ...
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U S judge faults CFPB indifference toward Sprint settlement
By Jonathan Stempel NEW YORK Reuters A federal judge on Tuesday faulted the U S Consumer Financial Protection Bureau s apparent indifference toward how to distribute money left over from its 2015 settlement with Sprint Corp over unauthorized customer charges U S District Judge William Pauley in Manhattan nonet...
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Cisco to buy Acacia Communications for 2 8 billion
Reuters Network gear maker Cisco Systems Inc NASDAQ CSCO said on Tuesday it would buy optical component maker Acacia Communications Inc for 2 84 billion in cash as it seeks to garner a bigger chunk of 5G spending by telecom companies Globally mobile networks would need higher capacity optical interfaces to ha...
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3 ETFs For 2017 Tax Loss Harvesting
Tax loss harvesting is one of the more underutilized strategies for taxable investment accounts This approach involves selling holdings at a loss in the current calendar year to offset capital gains and income Furthermore there is the opportunity to replace a mutual fund or ETF with a similar investment to maintain ...
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4 Big U S Telecos In Focus After Senate Approves Tax Bill
In the early hours of Dec 2 2017 Senate Republicans passed a 1 5 trillion tax overhaul package proposed by President Donald Trump in a 51 49 voting The White House hopes that the bill becomes law by the end of the year While the tax reform bill has resulted in a series of controversies among several economists and...
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U S Supreme Court to settle major cellphone privacy case
By Lawrence Hurley WASHINGTON Reuters Police officers for the first time could be required to obtain warrants to get data on the past locations of criminal suspects based on cellphone use under a major case on privacy rights in the digital age taken up by the U S Supreme Court on Monday The justices agreed to hea...
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Yahoo investors vote on sale to Verizon
Yahoo NASDAQ YHOO shareholders will vote today on the sale of the company s internet businesses to Verizon NYSE VZ The 4 5B transaction would leave stakeholders with shares in a new firm called Oath that would primarily hold 57B in stock of Alibaba NYSE BABA and Yahoo Japan OTCPK YAHOY According to Recod...
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Yahoo shareholders clear Verizon deal to close Tuesday
Yahoo YHOO 8 4 shareholders have approved the sale of its core Internet operating business to Verizon VZ 0 5 The companies now expect the deal to close on Tuesday after which existing Yahoo will become Altaba and register as an investment company to manage its holdings of Alibaba BABA 11 3 and Yahoo Ja...
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Yahoo shareholders approve sale of core business to Verizon
Reuters Yahoo Inc O YHOO shareholders on Thursday approved the company s pending sale of its core internet business to Verizon Communications Inc N VZ for 4 48 billion according to preliminary results from a shareholder meeting Yahoo expects that the deal will close on June 13 2017 The company also sai...
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Verizon plans to cut 2 000 jobs at Yahoo AOL source
By David Shepardson Reuters Verizon Communications Inc N VZ is expected to cut about 2 000 jobs when it completes its 4 48 billion acquisition of Yahoo Inc s O YHOO core assets next week a person briefed on the matter said The cuts are expected to come from Verizon s AOL and Yahoo units and represent about...
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Sprint chief Claure Enormous synergies in a T Mobile merger
Sprint S 1 CEO Marcelo Claure today sounded his note in the recently well tuned chorus at Sprint and T Mobile TMUS 1 3 talking about the great benefits of a merger and the many synergies to be realized Speaking at eMerge Americas Claure says We re in a great position today T Mobile is an important option...
CSCO
MLB roundup Yanks Tanaka shuts out Rays
Masahiro Tanaka pitched a two hitter and was backed by two homers as the New York Yankees opened a 10 game homestand with a 3 0 victory over the Tampa Bay Rays on Monday night Tanaka 5 5 turned in a third straight strong start against the Rays allowing only a leadoff single to Austin Meadows in the fourth and a tw...
CSCO
Hungary has no evidence of Huawei threat plans rapid 5G rollout minister
By Gergely Szakacs BUDAPEST Reuters Hungary has no evidence that equipment from Chinese telecoms giant Huawei poses a security threat a government minister said on Thursday adding that Budapest was mulling incentives to accelerate the rollout of a high speed 5G network The United States and some of its Western a...
CSCO
Ultra cyclist targets 24 hour record with no toilet breaks
By Martyn Herman LONDON Reuters Riding a bicycle round and round a velodrome non stop for 24 hours sounds like a form of penance but for 48 year old James MacDonald it is just another extreme two wheeled challenge that needs to be crossed off his list Systems engineer MacDonald will roll off the start line at Newp...
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FCC Plans To Repeal Net Neutrality Who Gains
Ever since President Donald Trump elected Republican commissioner Ajit Pai as the chairman of the FCC Federal Communications Commission in January 2017 the fate of Net Neutrality has been at stake Pai a staunch Net Neutrality opponent has always maintained his view that consumers would be worse under Net Neutrali...
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Spectrum Deployment Gives Telecom More Room To Grow
Wireless networks will be key to the future of the overall telecom industry Given that wireless networks run on radio frequency spectrums airwaves have become the most sought after commodity in the industry Additionally U S telecom operators are increasingly implementing fiber network to install more small cells...
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T Mobile US TMUS Upgraded To Ba2 By Moody s Outlook Stable
T Mobile US Inc s NYSE T rating was recently upgraded to Ba2 in certain metrics by credit rating agency Moody s Investors Service also known as Moody s Moreover the company s rating outlook has been confirmed stable Currently T Mobile US carries a Zacks Rank 3 Hold You can see Moody s upgraded T Mobile ...
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German cyber agency chides Yahoo for not helping hacking probe
By Andrea Shalal BERLIN Reuters Germany s federal cyber agency said on Thursday that Yahoo Inc O YHOO had not cooperated with its investigation into a series of hacks that compromised more than one billion of the U S company s email users between 2013 and 2016 Yahoo s Dublin based Europe Middle East and Afri...
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Verizon beats AT T to buy spectrum holder Straight Path
By Anjali Athavaley and Rishika Sadam Reuters Verizon Communications Inc N VZ snapped up wireless spectrum holder Straight Path Communications Inc A STRP in a 3 1 billion deal roughly double rival AT T s N T initial offer as Verizon seeks an advantage in the race toward a 5G network The 184 per share...
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Yahoo to buy back 3 billion shares in tender offer
Reuters Yahoo NASDAQ YHOO Inc said on Tuesday it would buy back up to 3 billion shares through a tender offer to provide liquidity to stockholders looking to sell the stock ahead of the company s pending deal with Verizon Communications Inc NYSE VZ Shares in Yahoo which has a 15 percent stake in Chinese e ...
CSCO
Cisco Rises 4
Investing com Cisco NASDAQ CSCO rose by 4 17 to trade at 54 63 by 09 31 13 31 GMT on Thursday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 2 45M Cisco has traded in a range of 54 12 to 54 73 on the day The stock has traded at 54 7700 at its highest and 51 08...
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U S National Carriers Key Takeaways From Q3 Earnings
We are in the middle of the third quarter earnings season for the telecommunications segment With results from four national telecom carriers Verizon Communications Inc NYSE VZ AT T Inc NYSE T T Mobile US Inc NYSE T and Sprint Corp NYSE S already on board a study of their key financial and oper...
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The Zacks Analyst Blog Highlights Verizon Communications AT T T Mobile US And Sprint
For Immediate ReleaseChicago IL October 31 2017 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 Verizon Communications Inc ...
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ETFs To Watch On Telecom Earnings
The earnings season is off to a flying start with equity markets scaling record highs owing to a slew of upbeat economic data strong corporate performance and President Donald Trump s tax reform proposal However the performance has been a mixed bag for telecom companies with some beating market expectations while...
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United States Cellular USM Q3 Earnings Top Revenues Lag
United States Cellular Corp NYSE USM a subsidiary of Telephone Data Systems Inc NYSE T posted mixed financial results in the third quarter of 2017 While the bottom line surpassed the Zacks Consensus Estimate the top line missed GAAP net loss came in at 299 million or a loss of 3 51 per share against ...
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T Mobile to begin rolling out 5G in U S in 2019
By Anjali Athavaley Reuters T Mobile US Inc said on Tuesday it plans to begin rolling out a fifth generation network 5G in the United States in 2019 helped by the airwaves it bought in the U S government s spectrum auction last month T Mobile said it was targeting nationwide 5G coverage by 2020 The No 3 wir...
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Verizon gets rights to NFL London game
A ticket to watch an NFL game can be expensive but the price tag to steam a match up can be more outrageous Verizon NYSE VZ will reportedly pay 21M to stream just one NFL game this fall The week three match up in London between the Baltimore Ravens and Jacksonville Jaguars will be distributed across Verizon s AO...
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Britain to allow Huawei restricted access to 5G network
By Michael Holden and Jack Stubbs GLASGOW Scotland Reuters Britain will allow Huawei Technologies a restricted role in building parts of its 5G network seeking a middle way in a bitter dispute between the United States and China over the next generation of communications technology Huawei the world s biggest p...
CSCO
Cisco revamps its hardware for new Wi Fi technology
By Stephen Nellis Reuters Cisco Systems Inc NASDAQ CSCO said on Monday it is rolling out hardware for the next generation of Wi Fi standards giving a core part of its 28 2 billion infrastructure business a refresh and in the process aiming to garner more software revenue Cisco announced new access points and s...
CSCO
Cisco Falls 4
Investing com Cisco NASDAQ CSCO fell by 4 01 to trade at 51 24 by 11 18 15 18 GMT on Monday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 9 87M Cisco has traded in a range of 51 22 to 52 26 on the day The stock has traded at 54 9900 at its highest and 51 2200...
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Cisco Reports Profit Revenue Just Ahead of Forecasts
Investing com Cisco NASDAQ CSCO reported earnings and revenue that were just ahead of analyst expectations Wednesday The company reported fiscal third quarter earnings per share of 0 78 on revenue of 12 96 billion Analysts polled by Investing com anticipated EPS of 0 77 on revenue of 12 9 billion The earning...
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T Mobile US TMUS Q3 Earnings Beat Estimates Lifts Outlook
T Mobile US Inc NYSE T reported strong financial results in the third quarter of 2017 wherein net income outpaced the Zacks Consensus Estimate and revenues were almost in line The company also raised its financial outlook for 2017 GAAP net income in the reported quarter was 537 million or 63 cents per share co...
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Sprint S Q2 Loss Betters Estimates Revenues Miss
Sprint Corp NYSE S is an U S national wireless carrier Headquartered in Kansas Sprint is a telecommunication company that provides wireless services and is also an internet service provider The company operates in two segments Wireless and Wireline Sprint is on track with its network modernization and integra...
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Sprint S Betters Estimates In Q2 Earnings Revenues Miss
U S national wireless carrier Sprint Corp NYSE S reported mixed financial results in the second quarter of fiscal 2017 Net IncomeSprint s second quarter 2017 net loss was 48 million or 1 cent per share compared with a net loss of 142 million or 4 cents in the year ago quarter Moreover second quarter net loss w...
CSCO
Cisco Global Blockchain market will be worth 10 billion by 2021
Cisco s report stated that the blockchain has the ability to hold 10 of the world s GDP by 2027 Cisco s report stated that the sheer potential of the blockchain technology lies in its ability to automate trust Cisco NASDAQ CSCO one of the largest tech conglomerates in the world released a report on the compan...
CSCO
Free Money How Students Mine Cryptocurrency in Their Dorm Rooms
Last month reports surfaced on crypto mining research conducted by tech conglomerate Cisco NASDAQ CSCO with the following headline College kids are using campus electricity to mine crypto Indeed many students don t have to worry about paying power bills as per their university housing contracts which tend to ...
CSCO
5G connected cows test milking parlor of the future
SHEPTON MALLET England Reuters They may look like regular cows but a herd of Friesian dairy cattle at a British farm are internet pioneers and they are enjoying the benefits of 5G connectivity before you Cisco Systems Inc NASDAQ CSCO which is developing network infrastructure for the emerging technology has ...
VZ
Verizon VZ Q3 Earnings In Line Revenues Beat Estimates
Verizon Communications Inc NYSE VZ reported mixed financial numbers in the third quarter of 2017 While the top line surpassed the Zacks Consensus Estimate the bottom line met the mark Verizon currently carries a Zacks Rank 3 Hold You can see The company continues to witness intense competitive from rivals ...
VZ
AT T revenue misses estimates as customers keep phones longer
By Anjali Athavaley Reuters AT T Inc s N T quarterly revenue missed estimates due to lower equipment sales as customers held onto phones longer and rival wireless carriers offered new promotions on unlimited data plans the No 2 U S wireless carrier said on Tuesday It said it lost 191 000 postpaid subscribers ...
CSCO
Explainer Securing the 5G future what s the issue
By Jack Stubbs BARCELONA Reuters The security of next generation 5G networks has dominated this year s Mobile World Congress in Barcelona with conflicting views on the risks of moving to the new technology being debated on stage and in backroom meetings 5G promises super fast connections which evangelists say...
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Chart Of The Day Verizon Heading Toward Channel Bottom Eyeing 40
by Pinchas Cohen Verizon NYSE VZ the telecommunications and entertainment giant is scheduled to report Q3 2017 earnings this coming Thursday before the market open Consensus EPS forecast for the quarter is 0 97 versus 1 01 EPS for the same quarter last year on revenue of 33 06 billion revenue versus 34 13 bil...
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Yahoo s first quarter revenue jumps 22 percent
Reuters Yahoo Inc O YHOO reported a 22 1 percent increase in quarterly revenue on Tuesday ahead of the sale of its core internet business to Verizon Communications Inc N VZ Yahoo said revenue from Mavens the mobile video native and social advertising units that it has touted as key emerging businesses...
CSCO
Cisco Shares Rise on Top and Bottom Line Beats
Investing com Investors were cheered by Cisco Systems NASDAQ CSCO second quarter results and its guidance as the stock rose in after hours trading Shares of Cisco gained 3 8 postmarket The company reported earnings per share of 0 73 on revenue of 12 45 billion Analysts polled by Investing com expected EPS o...
CSCO
Cisco Rises 3
Investing com Cisco NASDAQ CSCO rose by 3 16 to trade at 49 01 by 09 30 14 30 GMT on Thursday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 2 15M Cisco has traded in a range of 48 78 to 49 25 on the day The stock has traded at 49 2200 at its highest and 46 30...
CSCO
Cisco Rises 4
Investing com Cisco NASDAQ CSCO rose by 4 23 to trade at 49 53 by 09 34 14 34 GMT on Thursday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 3 97M Cisco has traded in a range of 48 78 to 49 67 on the day The stock has traded at 49 6500 at its highest and 46 30...
CSCO
Israeli software firm DriveNets raises 110 million in first funding round
TEL AVIV Reuters Israeli networking software company DriveNets said on Thursday it raised 110 million in its first round of financing led by Bessemer Venture Partners and Israel s Pitango Growth with the participation of several private investors The new financing will help the company expand its product portfol...
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T Mobile US Seeks FCC Permission For LTE A Network Trial
T Mobile US Inc NYSE T recently requested for Special Temporary Authority STA from the Federal Communications Commission FCC to test pre commercial LTE Advanced LTE A in El Paso Texas and Augusta Georgia The third largest wireless operator in the United States will conduct LTE A trial runs using multiple...
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Yahoo accused of mismanaging funds meant for Chinese dissidents
By Brendan Pierson Reuters Yahoo NASDAQ YHOO Inc has been hit with a lawsuit saying it failed to safeguard more than 17 million it pledged to help jailed Chinese dissidents in a 2007 settlement The lawsuit filed on Tuesday in federal court in Washington by a group of Chinese dissidents accuses Yahoo of willf...
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Verizon considering topping AT T s bid for Straight Path sources
By Liana B Baker and Greg Roumeliotis Reuters Verizon Communications Inc N VZ is considering making a buyout offer for Straight Path Communications Inc A STRP which would top AT T Inc s N T 1 25 billion bid people familiar with the matter said Shares of Straight Path a holder of wireless spectrum lic...
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Former executive of Duo Security Zscaler joins IronNet as co CEO
NEW YORK Reuters IronNet Cybersecurity Inc a startup led by former U S National Security Agency chief Keith Alexander has appointed William Welch as co chief executive the company told Reuters on Monday Welch former chief operating officer of Duo Security a venture capital backed cybersecurity company that w...
CSCO
Austria calls for European stance on Huawei to ensure competition
VIENNA Reuters Europe should agree a joint position on whether or not Chinese firm Huawei is allowed to equip 5G networks for next generation mobile networks to ensure fair competition Austria s technology ministry said on Wednesday The European Commission is considering a de facto ban on Huawei s 5G network equi...
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U S FCC chairman plans fast track repeal of net neutrality sources
By David Shepardson WASHINGTON Reuters The chairman of the U S Federal Communications Commission is moving quickly to replace the Obama administration s landmark net neutrality rules and wants internet service providers to voluntarily agree to maintain an open internet three sources briefed on the meeting said Th...
CSCO
Rallying Qatari Al Attiyah wins his third Dakar Toyota s first
LIMA Reuters Qatar s Nasser Al Attiyah became a three times Dakar Rally winner on Thursday taking no risks on the last stage to Lima and finishing with a 46 minute lead while Australian Toby Price took the motorcycle crown The triumph in a grueling endurance event now run entirely in Peru and featuring cars bi...
CSCO
Illumio raises 65 million J P Morgan Asset Management leads round
By Angela Moon NEW YORK Reuters Cyber security firm Illumio said on Thursday it raised 65 million in a funding round led by J P Morgan Asset Management that will be used to help the money losing company expand outside the United States The investment values the company at a significant increase from its previo...
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T Mobile And Sprint Shares Pop On Renewed Merger Chatter
Shares of T Mobile NYSE T and Sprint NYSE S moved higher on Tuesday morning this time on the back of a new report that the two wireless carriers are in active talks regarding a merger According to sources cited by both companies and their respective parents Deutsche Telekom NYSE T and Softbank NYSE...
VZ
AT T T Vs Verizon VZ Which Wireless Stock Should You Buy
As news began to fly earlier this week surrounding the renewed possibility of a T Mobile NYSE T and Sprint NYSE S merger other wireless companies and investors took note A deal between two of the largest U S wireless carriers has the potential to shake up the entire industry Though the deal is still weeks...
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Verizon hires ex Ericsson CEO sets new operating structure
By Anjali Athavaley Reuters Verizon Communications Inc N VZ said on Friday that Hans Vestberg the former Ericsson BS ERICAs chief executive officer has joined the company and will lead a team building out its fiber network infrastructures amid growing competition from smaller rivals It shows with Vestberg...
CSCO
Cisco Falls 3
Investing com Cisco NASDAQ CSCO fell by 3 11 to trade at 42 69 by 15 06 20 06 GMT on Wednesday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 18 68M Cisco has traded in a range of 42 57 to 44 92 on the day The stock has traded at 48 2000 at its highest and 42 ...
CSCO
Huawei s Rapid Growth Alleged Theft Helped Sow Mistrust in U S
Bloomberg Huawei Technologies Co wanted a better way to test its telephone handsets so it sent an engineer to see Tappy the robot in partner company T Mobile US Inc s laboratory in Bellevue Washington Tappy computer driven and tireless taps on touch screens simulating weeks of use in a day The Huawei...
CSCO
Cisco Falls 3
Investing com Cisco NASDAQ CSCO fell by 3 07 to trade at 40 56 by 12 21 17 21 GMT on Monday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 16 70M Cisco has traded in a range of 40 56 to 41 81 on the day The stock has traded at 46 6200 at its highest and 40 530...
CSCO
Cisco Rises 3
Investing com Cisco NASDAQ CSCO rose by 3 21 to trade at 41 57 by 12 13 17 13 GMT on Wednesday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 11 55M Cisco has traded in a range of 40 40 to 41 58 on the day The stock has traded at 45 9900 at its highest and 40 ...
CSCO
Cisco Falls 3
Investing com Cisco NASDAQ CSCO fell by 3 02 to trade at 41 34 by 10 39 15 39 GMT on Thursday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 4 84M Cisco has traded in a range of 41 31 to 42 41 on the day The stock has traded at 43 5500 at its highest and 40 25...
CSCO
Cisco Rises 3
Investing com Cisco NASDAQ CSCO rose by 3 07 to trade at 42 33 by 10 51 15 51 GMT on Friday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 7 48M Cisco has traded in a range of 41 54 to 42 38 on the day The stock has traded at 43 5500 at its highest and 40 4000...
CSCO
Top Picks 2019 Arista Networks Inc ANET
Arista Networks ANET is bringing networking into the age of the cloud Cloud networking brings efficiency and scale benefits to legacy networking environments explains Argus Research analyst Jim Kelleher Arista s CloudVision campus for unified wireless wired leverages its acquisition of Mojo Networks In our view...
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Keysight s KEYS Earnings Decline In Q3 Revenues Up Y Y
Share price of Keysight Technologies Inc NYSE KEYS has had an unstable run since the company announced its third quarter fiscal 2017 results on Aug 30 Following the announcement the stock rallied 1 6 on Aug 31 but declined 0 8 to close at 40 55 on Sep 1 Keysight reported non GAAP earnings of 61 cents per sha...
CSCO
Loop Capital A Cisco Luxtera deal threatens AAOI FNSR
A Cisco CSCO 1 8 deal for optical chipmaker Luxtera would likely be negative for Applied Optoelectronics AAOI 0 4 and Finisar FNSR 1 6 Loop Capital says The combination would create a stronger rival to Applied Opto in the PSM 4 market analyst James Kisner says and both AAOI and Finisar could see growth ...
CSCO
Cisco Falls 3
Investing com Cisco NASDAQ CSCO fell by 3 04 to trade at 46 02 by 09 51 14 51 GMT on Friday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 2 77M Cisco has traded in a range of 45 99 to 46 50 on the day The stock has traded at 48 4800 at its highest and 45 8100...
CSCO
Cisco Falls 3
Investing com Cisco NASDAQ CSCO fell by 3 04 to trade at 44 42 by 14 55 19 55 GMT on Monday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 18 45M Cisco has traded in a range of 44 41 to 45 99 on the day The stock has traded at 48 4800 at its highest and 44 410...
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AT T T Expands 5G Technology Trials In Three New Cities
U S telecom behemoth AT T Inc NYSE T is looking forward to spread its 5G technology trials to three new cities by the year end The cities include Waco TX Kalamazoo MI and South Bend IN In fact the company will allow participants access to faster broadband services over a 5G internet connection and watch ...
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Major Telecom Carriers Opt For Legacy Services Shutdown
Discontinuation of legacy voice services and Ethernet services has become a growing trend in the wireline segment of the telecommunication industry The decision to terminate the services stems from lack of demand Customers are migrating from these older services toward newer options and latest technologies Given the...
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Here s Why Investors Should Retain Crown Castle CCI Stock Revised
On Aug 28 we issued an updated research report on Crown Castle International Corp NYSE CCI a leading wireless communication tower operator in the United States The company currently carries a Zacks Rank 3 Hold You can see On Jun 26 2017 Crown Castle finally completed the acquisition of privately held Wil...
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Deutsche Telekom core profit growth to halve as U S motor slows
By Georgina Prodhan BONN Germany Reuters Deutsche Telekom DE DTEGn forecast its core profit growth would halve this year as earnings engine T Mobile US O TMUS slows strengthening the case for a U S mobile merger that Deutsche Telekom has long desired Adjusted earnings before interest tax depreciation and ...
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Verizon sought 925 million discount for Yahoo merger got 350 million
By Anjali Athavaley NEW YORK Reuters Verizon Communications Inc N VZ sought almost triple the price reduction that it ultimately obtained for Yahoo Inc s O YHOO core assets following two massive cyber attacks at the internet company according to a Yahoo filing The closing of the deal which Verizon first a...
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Justice Department to announce indictments in massive Yahoo hack source
By Joseph Menn SAN FRANCISCO Reuters U S Justice Department officials are expected to announce indictments on Wednesday against suspects in at least one of a series of hacking attacks on Yahoo Inc O YHOO according to a source briefed on the matter The accused men live in Russia and Canada the source said w...
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TIBCO to buy data management firm Orchestra Networks sources
By Carl O Donnell and Liana B Baker Reuters TIBCO Software Inc a large privately held business software provider is acquiring French data management company Orchestra Networks in a move that will bolster its ability to help clients organize customer data according to sources familiar with the matter The deal ...
CSCO
Cisco Falls 3
Investing com Cisco NASDAQ CSCO fell by 3 03 to trade at 47 27 by 15 57 20 57 GMT on Tuesday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 23 48M Cisco has traded in a range of 47 25 to 49 14 on the day The stock has traded at 49 1300 at its highest and 45 09...
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Cisco Falls 3
Investing com Cisco NASDAQ CSCO fell by 3 04 to trade at 46 92 by 14 01 19 01 GMT on Friday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 15 74M Cisco has traded in a range of 46 86 to 48 49 on the day The stock has traded at 49 1400 at its highest and 46 120...
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Verizon Communications VZ Restructures Unlimited Data Plans
U S telecom behemoth Verizon Communications Inc NYSE VZ has restructured and modernized its unlimited wireless data plans so as to reach out to customers more diversified needs Beginning from today Verizon Unlimited is evolving into Go Unlimited Beyond Unlimited and Business Unlimited For prepaid lovers t...
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3 Strong Buy Large Cap Value Mutual Funds For Steady Returns
Large cap funds are better than small or mid cap funds for risk averse investors These funds have exposure to large cap stocks with a long term performance history and more stability than what mid or small caps offer Companies with market capitalization of more than 10 billion are generally considered large cap Ho...
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AT T T Time Warner Agreement Stands On Mixed Approvals
U S telecom behemoth AT T Inc NYSE T made progress with its proposed 85 4 billion acquisition of the media giant Time Warner Inc NYSE TWX with the latest approval from the Mexican telecommunications and broadcasting services regulator Federal Telecommunications Institute IFT However the deal awaits fu...
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AT T strikes back with wireless plan
Investing com AT T NYSE T announced Thursday that it will open its unlimited wireless data plan to non TV subscribers returning to a plan it ditched in 2011 as competition among wireless carriers heats up Previously AT T required customers who wanted an unlimited data plan to subscribe to its DirectTV or Uvers...
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Verizon Yahoo agree to lowered 4 48 billion deal following cyber attacks
By Anjali Athavaley and David Shepardson Reuters Verizon Communications Inc N VZ said on Tuesday it would buy Yahoo Inc s O YHOO core business for 4 48 billion lowering its original offer by 350 million in the wake of two massive cyber attacks at the internet company The closing of the deal which was fir...
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Verizon to offer 5G to select customers in 11 U S cities
Reuters Verizon Communications Inc NYSE VZ said on Wednesday it would offer its high speed wireless 5G network to certain customers in 11 U S cities in the first half of 2017 Verizon will begin pilot testing 5G pre commercial services in cities including Atlanta Dallas Denver Houston Miami Seattle and...
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New FCC chair vows light touch approach to regulation
By David Shepardson WASHINGTON Reuters The new Republican head of the U S Federal Communications Commission promised light touch regulation of areas such as the internet a dramatic shift away from the Obama administration s approach to telecommunications oversight Ajit Pai whom President Donald Trump named in...
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Cisco Rises 5
Investing com Cisco NASDAQ CSCO rose by 4 80 to trade at 46 46 by 09 31 14 31 GMT on Thursday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 2 14M Cisco has traded in a range of 46 46 to 47 10 on the day The stock has traded at 48 4400 at its highest and 44 21...
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Digital media company Technicolor explores options including sale sources
By Pamela Barbaglia and Liana B Baker LONDON NEW YORK Reuters Technicolor SA has been exploring options that include a full or partial sale of the French digital media company as its set top box business struggles because of higher prices for memory chips people familiar with the matter said on Friday A deal wo...
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Cisco Falls 3
Investing com Cisco NASDAQ CSCO fell by 3 04 to trade at 44 36 by 14 05 19 05 GMT on Tuesday on the NASDAQ exchange The volume of Cisco shares traded since the start of the session was 15 85M Cisco has traded in a range of 44 30 to 45 29 on the day The stock has traded at 47 2500 at its highest and 44 08...
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Cisco to acquire UK based Ensoft
Cisco Systems NASDAQ CSCO will acquire UK based Ensoft Ltd a software solution maker for service provider networks Terms weren t disclosed The company adds a strong talent pipeline Cisco s Rob Salvagno says the acquisition is meant to accelerate Cisco s networking software strategy of enabling simplified sca...
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Verizon s move to unlimited data ups ante in wireless war
By Anjali Athavaley NEW YORK Reuters Verizon Communications Inc s N VZ announcement that it will once again offer an unlimited pricing plan marks a shift in its thinking as a price war among the four biggest U S wireless carriers accelerates The biggest wireless carrier in the United States said on Sunday th...
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T Mobile U S quarterly revenue profit beat estimates
By Anjali Athavaley and Aishwarya Venugopal Reuters T Mobile US Inc the No 3 U S wireless carrier reported quarterly profit and revenue above estimates as promotional offers helped add more subscribers The company has been gaining market share from rivals Verizon Communications Inc NYSE VZ AT T Inc NYSE T...
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Verizon close to Yahoo deal price cut of 250 350 million sources
By David Shepardson and Jessica Toonkel Reuters Verizon Communications Inc N VZ is close to a revised deal to buy Yahoo Inc s O YHOO core internet business for 250 million to 350 million less than the original agreed price of 4 83 billion according to a source briefed on the matter Since last year Veriz...
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AT T expands access to unlimited plan after Verizon launch
NEW YORK Reuters AT T Inc N T said on Thursday it would make its unlimited data plan available to all wireless customers who pay a monthly bill days after rival Verizon Communications Inc N VZ announced an unlimited option Previously AT T s plan which includes unlimited data talk and text for 100 a mont...