Amazon.com posted a loss that was wider than Wall Street expectations Thursday, sending shares lower in extended-hours trading.» Read More
SAN FRANCISCO, July 24- Amazon.com Inc's new "Fire" smartphone, aimed at extending the online retailer's reach, includes chips from Qualcomm Inc, NXP Semiconductors NV and Samsung Electronics Co Ltd, according to repair firm iFixit, which pried one open on Thursday.
NEW YORK— Shares of some top telecom companies are mixed at 1 p.m.:. AT&T Inc. fell$. 33 or. 9 percent, to $35.55. Verizon Communications Inc. rose$. 33 or. 6 percent, to $51.24.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. fell. 9 percent to $35.55 with 26,878,300 shares traded. Advanced Micro Devices Inc. fell. 4 percent to $3.75 with 16,512,500 shares traded.
NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 64 or 1.8 percent, to $35.24. Verizon Communications Inc. fell$. 01 or percent, to $50.90.
July 24- Amazon.com Inc's new "Fire" smartphone features "gimmicks"- such as 3 D effects and object scanner- that may not be enough to entice users away from similarly priced Apple Inc iPhones and Samsung's Galaxy S5, reviewers said.
WASHINGTON, July 23- AT&T Inc's quarterly revenue rose a weaker than expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins.
After announcing Q2 earnings, AT&T said it has completed its review process at the state level without conditions for its proposed merger with DirecTV, reports CNBC's Morgan Brennan.
Check out which companies are making headlines after the bell Wednesday: Facebook, AT&T, Gilead & more.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results, though Boeing weighed on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check.
NEW YORK— AT&T Inc. on Wednesday posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US. AT&T shares fell 51 cents to $35.37 in extended trading after the release of the results. The Dallas company said it earned $3.55 billion, or 68 cents per share.
SAN FRANCISCO, July 23- AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company.
WASHINGTON, July 23- AT&T Inc's second-quarter revenue rose, but slightly less than Wall Street forecasts, as a promotional offer to charge customers for devices separately from service weighed on average revenue per user.
WASHINGTON, July 23- AT&T Inc said on Wednesday its quarterly revenue rose, but slightly less than Wall Street forecasts, as a popular offering to bill customers for devices separately from their wireless plans drew in the most contract subscribers in five years.
AT&T is reporting Q2 EPS of $0.62 ex-items on revenue of $32.6 billion, with CNBC's Morgan Brennan.
AT&T on Wednesday reported a slight miss on earnings and revenue for the quarter.
HARTFORD, Conn.— The new chief of Frontier Communications Corp. in Connecticut says the company will increase its broadband service on what previously had been AT&T's footprint in the state as landline telephone business continues to erode.
Shaking off geopolitical flare-ups for now, analysts say the S&P 500 is taking aim at the 2,000 level, and the next round of earnings news could help.
The $199 AT&T exclusive offers some advantages over its smart phone competitors, but is it worth the buy? NBC News reports.
NEW YORK— Shares of some top telecom companies were mixed at the close of trading:. AT&T Inc. fell$. 02 or. 1 percent, to $35.94. Verizon Communications Inc. rose$. 28 or. 6 percent, to $50.98.
*Sees Q3 earnings $0.35- $0.40/ shr vs est $0.44. *Sees Q3 revenue $1.15 bln- $1.2 bln vs est $1.26 bln. Juniper, whose clients include Verizon Communications Inc and AT&T Inc, forecast adjusted profit of 35- 40 cents per share on revenue of $1.15 billion- $1.2 billion.