Even with the July 4th holiday next week, analysts think the markets will be as jittery as ever. "The market is very nervous here," Steven Neimeth, portfolio manager at AIG SunAmerica Asset Management told CNBC.com. "Lower liquidity around the Fourth of July week could lead to greater volatility as a result of news events, whether it be the Middle East, oil or the credit markets. Any news, good or bad, is likely to have a heavy impact on the market."
AT&T has agreed to purchase wireless carrier Dobson Communications, a source familiar with the situation said on Friday.
If you're holding Apple stock, or want to, and haven't asked these five financial questions, you should. 1. What if the iPhone is a bust? What will that do to Apple stock? "If the device doesn't hit, and continue with a real strong bang, people might be deflated here," says Jonathan Hoopes at ThinkEquity. "Believing that the iPhone, if it's not as successful as those who think it will be, is gonna bring the down the company's other businesses."
So, here we are a day away now from Apple Inc.'s iPhone release, and after months of hype and endless coverage, consumers still have some questions, like the day-to-day issues that could determine whether this phone is right for you. So, here are some questions and answers that may help you make up your mind.
Apple Inc.'s iPhone may have a corner on the smart phone headlines, but Research in Motion and Palm will generate some news of their own when they release earnings after the bell today.This will shape up into a tale of three companies: One might be too hot, the other too cold, and the last might be just right.
Thankfully, sometime in the next couple of days, the first Apple iPhone will be sold and the 290 million Americans not buying one can go back to their normal, boring lives. Look, the thing looks absolutely iFabulous, but can it clean my bathrooms? No. Next! A firm called M:Metrics says it's been trying to gauge actual, honest-to-goodness-minus-the-media-hype interest in the device, and has found..
Even for a company that has mastered the art of product-launch hoopla, Apple appears to have pulled out all the stops to propel iPhone hysteria into the stratosphere.
Update: I am out of the office Monday the 25th through Wednesday. Be sure and check back with me later this week. One week from today, Apple Inc. will unleash its iPhone on what appears to be a ravenous marketplace; panting about the prospects, pouting about the long lines expected and the chance consumers who want one may not get one on that first day. For Apple though, it's all about ringing up sales, or racking up risk: Will iPhone measure up to all the hype it has enjoyed these past several months. What hype, you might ask?
Qualcomm has nothing to do with making Apple's iPhone, but the chief executive officer of the world's No. 2 cell phone chipmaker said Thursday that he has plenty to gain.
Google, Vodafone, Foster Wheeler and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Yahoo's next chapter begins today with a "what's old is new again" approach. Yahoo co-founder Jerry Yang moves into the C-suite; and Susan Decker moves next door as the company's president. And with a few hours under our belts to digest Terry Semel's departure, it gives us some opportunity to look ahead at what's next for this company.
The man they call "The Duck," Angel Cabrera, was one of two players who finished under par after the first round of the U.S. Open on Thursday. But oddsmakers didn't respect the 37-year-old, who had a previous U.S. Open high of a seventh place finish in 2001 and missed three of seven cuts in PGA Tour events this year. That's why on Friday morning, if you had a hunch for Cabrera, you could have dropped $100 to won north of $2,500 on Sunday. Wanted to wait until Sunday morning?
NASCAR filed a $100 million counter claim against AT&T on Sunday, accusing the wireless provider of interfering with its exclusive sponsorship agreement with rival wireless company Nextel.
Stocks rallied on Friday but still ended the week lower because of a three-day selloff sparked by higher interest rates.
In an interview with CNBC's Jim Cramer, Seidenberg observed that, "The iPhone is going to create a lot of buzz in the industry, it’s going to heat up the whole space ... so, when they (customers) look at Verizon, this is what we’re poised to provide our customers".
After an acquisition binge that transformed the smallest Baby Bell into a telecommunications heavyweight, AT&T is undergoing another change Sunday: a new chief executive. Randall Stephenson, 47, rose through the ranks of AT&T and previously served as its chief financial officer and chief operating officer.
A U.S. District Judge might have denied NASCAR's request to stay an injunction that allowed the Cingular logo on Jeff Burton's car to be replaced with an AT&T logo, but NASCAR got a victory yesterday when Alltel agreed to a $25 billion private equity buyout. Let's go back and put this in context for you. NASCAR obviously did not want the AT&T brand on the track because it wasn't one of the brands that were grandfathered in when the governing body signed a 10-year, $700 million deal with Nextel to be the official telecommunications company of NASCAR. But consolidation in this industry is very common -- Sprint soon bought Nextel and AT&T bought Cingular.