Stock Analysts

AT&T Soon to Debut Smartphones (T) (VZ)

AT&T ( T ) is set to tap the 4G smartphone market with its launch of HTC Vivid and Samsung Galaxy S II Skyrocket on November 6. Since its biggest rival, Verizon ( VZ ), entered the 4G market, the company was gearing up to make its much awaited foray in this segment. The two dual-core Android-based smartphones are designed to offer improved accessibility to users as they remain the only smartphone using the high frequency Long-Term Evolution (LTE) and High-Speed Packet Access Plus (HSPA+) technology for faster connection within or outside LTE wireless networks. […]

Fast Money Episodes

Should You Buy HP?

[cnbc 3000055377] Why Wall Street is wrong about Meg Whitman, and why investors should buy Hewlett-Packard now, with Vitaliy Katsenelson, CIO at Investment Management Associates. […]

Stock Analysts

PG&E Beats EPS, Revenue In line (CPL) (PCG) (UIL)

California’s largest regulated electric and gas utility, PG&E Corporation ’s ( PCG ) operating earning per share of $1.08 in the third quarter of 2011 beat the Zacks Consensus Estimate of $1.06. Results also comfortably surpassed the year-ago number of $1.02. The upsurge in earnings year over year came from higher rates (10 cents) and miscellaneous items (3 cents). […]

Stock Analysts

Spectra Lags Estimates (EP) (SE)

Premier natural gas company Spectra Energy Corp. ( SE ) reported better-than-expected third-quarter 2011 results owing to expansion projects that led to higher commodity prices along with a stronger Canadian dollar. […]

Stock Analysts

AXIS Capital Reports Mixed Quarter (ACE) (AXS)

AXIS Capital Holdings Limited ( AXS ) reported third-quarter operating earnings of 74 cents per share, lagging the Zacks Consensus Estimate by 2 cents. Results also compared unfavorably with $1.41 earned in the prior-year period. Operating income was $95 million in the quarter, plummeting 49.7% from $189 million in third quarter 2010 […]

Stock Analysts

CIT Resumes CRE Lending Business (CIT) (DLLR)

CIT Group Inc. ( CIT ) re-initiated its commercial real estate (CRE) lending business with the launch of CIT Real Estate Finance on Wednesday. The new business will originate and underwrite senior secured real estate transactions in the Boston, New York City and Washington, D.C […]

Stock Analysts

WFC Acquires $3.3B Loan Portfolio (BAC) (BX) (JPM) (WFC)

Yesterday, Wells Fargo & Company ( WFC ) announced the acquisition of a loan portfolio with a face value of $3.3 billion from Irish Bank Resolution Corporation (IBRC), previously known as Anglo Irish Bank. The portfolio comprised 61 performing U.S.-based commercial real estate loans. Last week, out of the total 61 loans, WFC closed 25 worth $1.5 billion […]

Fast Money Episodes

What is Groupon Worth?

[cnbc 3000055392] Groupon shares will start trading on Friday under symbol GRPN, with CNBC’s Kayla Tausche, Marketing expenses have taken a toll on Groupon’s growth, says Anupam Palit, of Greencrest Capital, but it can deliver profitable growth. […]