Comcast Corp. (CMCSA) has decided to increasingly focus on the small and medium sized businesses (SMB) segment. Recently, the company signed a deal to acquire Cimco Communications Inc, a privately held competitive local exchange carrier in the Chicago area. However, the financial terms of this acquisition have not been disclosed. Cimco has more than 23,000 customers in the mid-tier commercial business segment.  In addition to bringing in a new base of customers, Cimco will give Comcast some innovative engineering, customer service, and operations, specifically designed for the mid-range business services market. Cimco has strategic relationship with some industry leading original equipment manufacturers like Cisco System Inc (CSCO), Alcatel-Lucent (ALU) and Adtran Inc (ADTN).  Cable MSOs are facing fierce competition from telecom service providers. The U.S. telecom giants such as AT&T (T) and Verizon Wireless (VZ) are gradually expanding their fiber-optic networks. As a ...

ADC Telecommunications Inc. (ADCT) lifted its earnings guidance for the fiscal third quarter. The company now expects GAAP EPS within a positive range of 5 cents to 10 cents.

Earlier guidance was within the range of a loss of 4 cents to a gain of 4 cents. In the revised forecast, adjusted EPS (excluding non-cash charges and special items) has been approximated within the range of a gain of 11 cents to 16 cents. This is well above the Zacks Consensus Estimate of a gain of 9 cents per share. Revised revenue guidance of around $280 million was however within the company’s prior view of $265 million to $290 million.   According to our assessment, the main reason for this improved earnings forecast is the cost synergies that ADCT generated through restructuring activities. ADCT implemented LEAN and Six Sigma methodologies to improve its cost structure. In the second quarter, the

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Wednesday August 5, 2009

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SAP AG (NYSE: SAP) today announced the continued success of hosted offerings from its channel partners for midsize companies, enabling customers to better respond to the changing market conditions. SAP midsize customers worldwide, including Clariant Southern Africa (Pty), in South Africa; Eval Europe, in Belgium; General Moly, in the U.S.; Pharmanova Zrt, in Hungary; Songwon Ind. Co., Ltd, in Korea; Starbucks, in Switzerland; Vincenz Harrer, in Austria; and Wunderloop Media Services, in Germany, have chosen hosting as an alternative to the traditional on-premise deployment option, allowing midsize companies to implement and run the SAP(R) Business All-in-One solutions without the need to

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Six Dow components are scheduled to report as large-cap stocks dominate the first big week of earnings season. The 6 companies are Bank of America (...

Intel Corporation (

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NetScout Systems, Inc. (

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Although Alabama is best known as a cotton growing state, the state produces much more, from poultry to automobiles. As a matter of fact manufacturing accounts for more than half of the total income produced within the state. Some interesting facts about Alabama follow:1. Alabama’s GDP of $160.6 billion is the 25th largest in the country.2. The transportation, equipment and manufacturing industry employ over 30,000 workers.3. The agribusiness sector provides the state with 21% (476,000) jobs.4. The aerospace industry in Alabama has grown to provide $6 billion in revenue and employ over 139,000 workers.5. The state offers several incentives to new businesses and businesses relocating to Alabama. The Income tax capital credit, and the property & sales tax abatements are just two of the most common.6. With the second largest contiguous forest is in America, Alabama’s paper industry ...