Telecom Argentina (TEO) reported third-quarter earnings per ADS of 40 cents, falling short of the Zacks Consensus Estimate of 52 cents. However, reported net income from continuing operations grew 39% year over year to P$303 million (US$79 million), boosted by healthy growth from broadband and mobile segments.   Consolidated revenues increased 13% year over year to P$3.1 billion (US$803 million) as the company’s cellular business grew 13% while broadband business (Arnet) posted healthier annualized growth of 54%. Broadband Internet revenue growth was fueled by significant expansion of broadband service, commercial promotions, innovation of service portfolio and improved network coverage.   The company’s cellular telephony business achieved respectable growth in the quarter with revenue of P$2.1 billion (US$550 million) accounting for approximately 68% of the consolidated sales. Revenues from data transmission grew 25% year over year to P$70 million (US$18 million). Fixed-line voice service revenues increased 3.1% year over ...

For Immediate Release

Chicago, IL – November 11, 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: TRW Automotive (TRW), Dish Network Corp. (DISH), TiVo Inc. (TIVO), DirecTV (DTV) and AT&T (T).

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 Tuesday’s Analyst Blog:

TRW Posts Robust Profit

TRW Automotive (TRW) has revealed a staggering rise in profits to $76 million or 68 cents per share in the third quarter ended Oct. 2, 2009, from a net loss of $22 million or 22 cents per share in the prior-year quarter.

The profit

...

Satellite TV major Dish Network Corp.’s (DISH) third-quarter earnings slipped 12.3% on higher subscriber-related costs and litigation expenses associated with TiVo Inc. (TIVO). The company reported earnings of $80.6 million, or 18 cents per share, compared to $91.9 million, or 20 cents in the year-ago quarter and well behind the Zacks Consensus Estimate of 43 cents. The Englewood, Colorado-based company said total revenue declined 1.5% to $2.89 billion, from $2.94 billion in the year-ago period. The decrease was caused by a 0.8% contraction in subscriber related revenue to $2.86 billion as average monthly revenue per subscriber (ARPU) reduced by $0.31 to $69.51. The lower ARPU was the result of discounts on programming to new subscribers, retention efforts and reduced premium movie revenue, partially offset by price increases on popular programming packages, changes in the sales mix towards high-definition (HD) packages and advanced hardware offerings. Equipment ...

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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Tuesday October 27, 2009

DrStockPick.com Stock Report!

TAXS, SCHW, PSFT, DISH, PWRM, MMM, CSRH, WFC, CVAT, JPM, AQNM

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TAXS, TaxMasters Inc., TAXS.OB

TAXS‘ commitment to helping taxpayers in the United States regain compliance with The Internal Revenue Service IRS.

TAXS finalized plans this week to take advantage of the expected surge in sales that begins for the IRS tax relief industry in October and builds through April of the following year. TAXS reported sales for the first six months in 2009 of $18,758,000, an increase of $12,348,000 or 193 percent, over 2008 sales for the same period of $6,410,000. TAXS used this growth

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Arris Group Inc. (ARRS) has decided to acquire the privately held Digeo Inc., including its intellectual property portfolio, for a total consideration of approximately $20 million in cash.  Digeo is a pure-play interactive television (iTV) that has diversified its operations into digital video recorder (DVR) and interactive program guide (IPG) market after its merger with Moxi Digital Inc in 2002. The company’s flagship product Moxi(r) HD DVR is a premium hub for home distribution of digital entertainment.  The deal is expected to be closed in the fourth quarter of 2009. Purchase of Digeo together with the recent acquisition of patents and video processing technology for digital network of EG Technology Inc will significantly strengthen Arris’ combined portfolio of digital video networking and multimedia services delivery platform.  Acquisition of these valuable video processing assets will give Arris an edge in this industry, which is very competitive. ...

Yesterday, Arris Group Inc. (ARRS) said it acquired patents and video processing technology for digital network from EG Technology Inc. Arris will take over the privately held company’s four encoding products, Encore, Quartet, VIPr Transcoder and HEMi Edge. Although financial terms of the deal were not disclosed, industry sources estimate that Arris paid $6.5 million for this acquisition.

Integration of EG Technology’s video processing assets will further strengthen Arris’ existing portfolio of digital video offering that includes Video-on-Demand, Switched Digital Video and Ad Insertion.

EG Technology is primarily a supplier to Tier2 and Tier3 cable MSOs. However, Arris will now accommodate these state-of-the-art video processing technologies on its existing D5 edge QAM platform to provide superior digital video network solutions. The company has a solid clientele of Tier1 US cable MSOs. Acquisition of these valuable video processing assets will give Arris an edge in this highly competitive industry.

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Qwest Communications (Q) announced yesterday the discountinuation of its wireless operation (Qwest Wireless) effective October 31, 2009. The Denver-based telecom operator has reportedly started to circulate a 60-day notice to its susbsribers to migrate to alternative service providers. Customers can switch networks without paying any contract termination fees while retaining there existing contact numbers. Since 2004, Qwest has been marketing Sprint Nextel’s (S) products and services under its own brand by operating as a mobile virtual network operator (MVNO) on Sprint’s CDMA wireless network and recognized revenue on gross basis.   However, the company ended its partnership with Sprint (effective February 2009) and entered into a five-year agreement with Verizon (VZ) in May 2008. Under this new arrangement, Qwest started reselling Verizon Wireless’s products and services (under the Verizon brand) from the third-quarter 2008 and books revenue on net basis. The company is currently ...

AT&T Inc. (T) has announced the expansion of its U-verse offering with the launch of services in Greenville and Asheville, South Carolina. Residents of these locations will have an alternative option for cable TV starting from August 10, 2009, and will have access to the premium contents and features offered by the company’s U-verse bundled services. AT&T continues to enjoy encouraging market penetration of its U-verse services that bundles U-verse TV, U-verse high-speed Internet and U-verse Voice offerings. In order to drive customer adoption of its U-verse TV (an Internet protocol based TV service), the company has introduced several new features and extensions such as the total Home DVR (digital video recorder), Video-on-Demand and extensive High Definition (HD) channels. To expand its video service offerings, AT&T is also offering a co-branded satellite TV service in collaboration with Direct TV. U-verse video subscriber base reached 1.6 million ...