China Mobile (CHL), the world’s largest wireless carrier by subscriber, has revealed its plan to commence the trial run of its 4G network during World Expo 2010 to be held in Shanghai from May 1 to Oct 31, 2010. The company’s 4G service is based on the TD-LTE (Time Division Duplex Long Term Evolution) mobile broadband technology. Roughly 200 participants and 70 million visitors are expected to assemble at the Expo.   China Mobile has recently selected Alcatel-Lucent (ALU) for the responsibilities of design, construction, installation and integration of communication infrastructure to facilitate the 4G network trial. The TD-LTE network will provide advanced wireless services (including high-definition TV and ultra-fast broadband Internet access) to the visitors at the exposition.   The three major Chinese telecom operators China Mobile, China Unicom (CHU) and China Telecom (CHA) are investing heavily in Shanghai to improve the city’s network

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The telecommunication and network specialist, Ciena Corporation (CIEN) announced that it has received regulatory approval for the proposed acquisition of substantially all of Nortel Network Corp.'s (NT) optical and Ethernet division.   The company has been granted termination of the waiting period under the Hart-Scott Rodino Act in the United States. The Canadian Competition Bureau has also approved the takeover.  Ciena plans to acquire substantially all of the optical networking and carrier Ethernet assets of its rival Nortel Networks’ Metro Ethernet Networks (MEN) division, for a total of $521 million ($390 million in cash and 10 million in shares worth $142 million based on the Oct. 15 market price).  However, the deal also requires the approval of the United States Bankruptcy Court for the District of Delaware and the Ontario Superior Court of Justice. Nortel had filed for bankruptcy in January.  The deal is ...

• Sony (NYSE:SNE) said weak cell phone sales and lower PlayStation III console prices resulted in another quarterly loss.  The firm also said full-year prospects improved from the company's aggressive cost-cutting measures

• Alcatel-Lucent (NYSE:ALU) reported its twelfth straight quarterly loss of $269 million. The firm said it expects operating results to break even by yearend

• Duke Energy (NYSE:DUK) reported third quarter earnings one cent above Zacks estimates at 40 cents, as revenues of $3.4 billion were below Zacks estimates of $4.25 billion. The company noted, "Industry sales volumes continued to show signs of stabilization"

• ITT Industries (NYSE:ITT) reported third quarter beat Zacks estimates by 14 cents a share, coming in at $1.03 on inline revenues of $2.7 billion, down 6.3%

• Coventry Health Care (NYSE:CVH) reported its third quarter of 68 cents topped Zacks estimates by 14 cents, on inline revenues of $3.44 billion, up 17.7%

• Aon (NYSE:AOC), reported third quarter

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For Immediate Release

Chicago, IL – October 29, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Qwest Communications (Q), Alcatel-Lucent (ALU), AT&T (T), Verizon (VZ) and Sprint Nextel (S).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s AnalystBlog:

Qwest Meets, Boosts Outlook

Qwest Communications (Q) continues to invest in building necessary infrastructure to boost network capacity and availability. The company is devoting a major portion of the overall CapEx in expanding its fiber-to-the-node (FTTN) network capacity to increase broadband network performance. FTTN deployments reached over 3 million homes with

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Qwest Communications (Q) has announced third-quarter 2009 earnings with reported earnings per share (EPS) of 8 cents matching both the Zacks Consensus Estimate and the year-ago quarter EPS. Net income declined 6.2% year over year to $136 million on lower revenues as erosion in legacy landline business continues. Operating revenue declined 9.6% from the prior-year quarter to $3.05 billion, primarily due to lower voice service revenue as consumers continue to disconnect their landline services. Qwest reported healthy growth in Internet revenue in the quarter, driven by respectable broadband customer growth. However, voice service revenue declined due to access line erosion. Results by Segment Business Markets Revenue from the business market segment declined 1% year over year to $1 billion due to declines across legacy voice and data businesses. The segment contributed 33.8% of the group revenue for the quarter. Driven by growth in ...

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Wednesday October 28, 2009

DrStockPick.com Stock Report!

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PowerSafe Technology Corporation (PSFT.PK) subsidiary Amplification Technologies Inc. (www.amplificationtechnologies.com) (ATI), is offering higher performance thermoelectrically cooled discrete amplification single photon counting solid state photodetectors. These photodetectors are mounted on a two stage thermoelectric cooler inside a hermetically sealed TO8 package and can be operated down to a temperature of -30oC.

Affinity Mediaworks Corp. (OTCBB:AFFW). Affinity is pleased to announce that it has entered into an agreement to produce twelve films with Insight Film Studios/Odyssey Film

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Qwest Communications (Q) has released its capital expenditure (CapEx) guidance for 2010. The local and long-distance telephone service provider expects its CapEX to remain at par with the estimated 2009 level of $1.7 billion.      Qwest continues to invest in building necessary infrastructure to boost network capacity and availability. Historically, the company has allocated a major portion of the overall CapEx in deploying additional fiber-to-the-node (“FTTN") capacity to increase the performance of its broadband network. Moving forward, Qwest plans to increase spending on deployment of fiber optic cable to support wireless services.   The company recently introduced a new fiber-based Ethernet backhaul wholesale service for wireless operators. The service (called Qwest Mobile Ethernet Backhaul) leverages Qwest’s FTTN network to extend fiber connections to cellular sites. This will enable wireless operators to upgrade their existing copper-based wireless backhaul networks to faster fiber optic connections, which will expand capacity ...

The telecommunications and network equipment company Ciena Corporation (CIEN) has received the Court’s approval to begin bidding for Nortel Network Corp.'s (NT) optical and Ethernet division. The judges also said that Nov. 9 will be the deadline for bids and scheduled the auction for Nov. 13. Ciena plans to acquire substantially all of the optical networking and carrier Ethernet assets of its rival Nortel Networks’ Metro Ethernet Networks (MEN) division, for a total of $521 million ($390 million in cash and 10 million in shares worth $142 million based on the Oct. 15 market price). The company expects to incur integration-related costs of approximately $180 million, the majority of which will be paid in 2010, and expects the transaction to be significantly accretive in fiscal 2011. The deal is subject to a competitive bidding process under the United States Bankruptcy Code and the Canadian Companies' ...

China Telecom (CHA), the largest Chinese fixed-line operator, has successfully tested Alcatel-Lucent’s (ALU) multi-carrier EV-DO (a 3G technology) wireless network based on the Revision B (Rev B) standard. The Chinese operator’s subsidiary Shanghai Telecom has reportedly installed the multi-carrier EV-DO solution, which significantly enhances network throughput and reduces data latency (using multiple carriers) to meet increasing customer demand for high-bandwidth applications.   The multi-carrier EV-DO Rev B network, which represents an upgrade from EV-DO Rev A, has demonstrated highly encouraging throughput levels in the lab test with peak download speeds reaching up to 9.3 megabits per second (Mbps). This will effectively enhance customer experience who subscribe to high-bandwidth wireless services including Voice-over-Internet Protocol (VoIP), high definition video streaming and other multimedia applications.    Leveraging Alcatel-Lucent’s network infrastructure support, Shanghai Telecom became the first Chinese carrier to commercially launch a CDMA EV-DO network in China in March ...

Through a recent press release, Equinix Inc. (EQIX) announced that the company, in collaboration with Alcatel-Lucent (ALU), is developing an enhanced solution for the exchange of data traffic between carriers providing Ethernet services.  Equinix will use Alcatel-Lucent’s service router to equip the Equinix Carrier Ethernet Exchange platform in order to deliver high performance global Ethernet services. Equinix is looking to apply its expertise in interconnection for resolving the challenges faced by different carriers planning to enhance their Ethernet services.  Ethernet connection generally provides quality, cost advantage and speed, but is generally provided within a geographical region. The Equinix Carrier Ethernet Exchange platform is different in the sense that it will focus on developing a multi-provider carrier Ethernet interconnection that meets Metro Ethernet Forum standards.  This solution will be delivered through Equinix International Business Exchange (IBX) data centers located across the globe. Additionally, the company ...