Aug 4- Sprint Corp reported a much smaller-than-expected quarterly loss on Tuesday, and majority owner SoftBank Corp assuaged investors' concerns by saying it had no plans to sell its stake in the wireless carrier. However, SoftBank will set up a leasing company with other partners to finance payments of devices leased by Sprint customers, Masayoshi Son, the...» Read More
Plus, Cramer defends Verizon's Ivan Seidenberg while breaking down how MedcoHealth trades.
Research In Motion reported a fourth-quarter profit that more than doubled and beat expectations, and the company delivered a strong outlook.
Research in Motion investors were betting on a big quarter, and the Blackberry maker delivers. And delivers big time. The company reported 72 cents a share on $1.88 billion, with both categories well ahead of Street expectations.
The last time the market was this overbought the index dropped 1,500 points.
Here we go again: rumors swirling of iPhone shortages, supply constraints, manufacturing issues, and other sky-is-falling doomsday scenarios swirling around Apple and the product that should guide revenue and growth for the next generation.
Apple's iPhone is in short supply at many of its U.S. stores, which could indicate a component shortage or a clearing of shelves for a new model, analysts said Wednesday.
Let's face it. Most people above a certain age don't "get" instant messaging. Thankfully, Research in Motion has attached Blackberries to the hips of business people so they can e-mail each other on the go. If you think this company sounds boring or its products aren't sexy, you haven't seen RIM's growth numbers.
Today could be a watershed day for Research in Motion after a raucous quarter that saw shares dip into the low $80s before launching their recent recovery over the past week or so. And that's the quirkiness comes in: never during the quarter was there an indication that fundamentals hit any snags, and yet shares suffered a precipitous decline.
We've spent a lot of time at CTIA talking about Research in Motion, Apple, Nokia and other major players from the wireless world. But it was the surprising comments from Microsoft's spacer entertainment and devices division president during my interview with him that began to drive Microsoft's shares.
The news, such that it was, seemed intriguing: a blog reported that Research in Motion announced plans this morning at the big CTIA Wireless show in Vegas, that it was going to unveil a Windows Mobile compatible BlackBerry.
Rested, relaxed, and now raring to go. Two back-to-back weeks off is a rare treat in this business and we made the most of our time off, but talk about jumping back into the swing of things with a vengeance!
Indonesia's second-largest mobile phone operator, PT Indosat Tbk, saw a better-than-expected 23.6 percent rise in fourth-quarter net profit, thanks to strong growth in its subscriber base.
Activist investor Carl Icahn said on Wednesday that he was forging ahead with his proxy battle with Motorola even after the mobile phone maker gave into his demands to split up the company.
Motorola announced today it's planning on splitting up into two publicly traded companies: spinning off its money-losing mobile device business from its growing broadband and mobility solutions business. CEO Greg Brown said on a conference call this morning that having two independently traded companies would unlock value for shareholders
As stocks suffered through another selloff, CNBC asked for some smart moves for investors.
Motorola plans to separate its struggling handset business from its other operations.
Cramer makes the call on viewers' favorite stocks.
With a strong quarter expected next week, the shorts are on the run.
Investor Carl Icahn said Monday he is suing Motorola Inc to force it to hand over documents related to its mobile devices business, and he urged investors to elect his slate of candidates to the Motorola board.
Verizon Communications and AT&T, the two largest U.S. mobile phone companies, grabbed the lion's share of a $19.12 billion auction of airwaves being vacated by television roadcasters