Telefonica (TEF) reported third-quarter 2009 results with earnings per ADS of US$1.88, comfortably beating the Zacks Consensus Estimate of US$1.49. The Spanish telecom giant reported net income of €1.99 billion (US$2.85 billion), down 0.6% year over year, due to lower sales as a result of the beleaguered economy, especially in Spain. Revenue Consolidated revenue fell 5.7% year over year to €14.1 billion (US$20.2 billion). Revenue was impacted by weak contributions from domestic and European markets due to the recession. Latin America contributed 40% of the group revenues followed by Spain at 35% and Europe at 25%. Result by Segments Telefonica Espana The company’s Spanish revenue declined 8.9% to €4.9 billion (US$7 billion), impacted by a reduction in mobile termination rates (inter-operator fees) and the economic downturn. Wireline business revenues fell 9.4% year over year to €2.9 billion (US$4.1 billion) while revenue from wireless ...

As expected, Nokia (NOK) finally confirmed its entry into the netbook segment. The netbook named “Nokia Booklet 3G" will have a 10 inch screen, WiFi, Bluetooth, GPS and 3G Wireless access. Most importantly the netbook will run on Microsoft (MSFT) windows and Intel’s (INTC) Atom processor.   This shows the company’s intention to increase its product portfolio and enter the computer segment. We believe this is a counter move by Nokia, a reply to computer manufacturers’ decision to enter the smart phone space. The netbook market is growing very fast and has number of players including Hewlett-Packard (HPQ), Lenovo, Acer and Asus. This could signal a battle between computer/laptop manufacturers and mobile phone manufacturers as each one is trying to venture into another’s business.   Netbooks are internet devices, which fall in between smart phones and laptops. So, a natural progression for the smart phone makers

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Tuesday August 18, 2009

PennyOmega.com Stock Report!

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Symyx Technologies, Inc. (Nasdaq:SMMX) today announced that Symyx Available Chemicals Directory (ACD) has moved from quarterly to monthly updates of supplier catalogs. Continuously improving the update frequency of ACD enables scientists to identify the optimal set of compounds for their synthesis or library with increased confidence that those compounds will be available at the indicated prices from the selected suppliers.

The Enterprise Mobility Solutions business of Motorola, Inc. (NYSE: MOT), today announced the Motorola AirDefense Wireless Vulnerability Assessment solution, a patented wireless security technology aimed at proactively assessing the security posture of wireless networks. This innovative solution provides a completely

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First American CoreLogic, a member of The First American Corporation (NYSE: FAF) family of companies and America’s largest provider of advanced property and ownership information, analytics and services today introduced RealQuest(R) Home Value Pro, a free Apple iPhone application that enables individuals to view comprehensive market data on over 140 million residential properties in the United States from the iPhone(R).

Harris Stratex Networks, Inc. (Nasdaq: HSTX), a leading provider of wireless solutions that enable the evolution of next-generation fixed and mobile broadband networks, today announced it has signed a contract with ICOMM, one of India’s leading groups in the field of telecom, power transmission and distribution EPC, solar and infrastructure, to supply, install, commission and maintain an IEEE 802.16e mobile WiMAX network for Bharat Sanchar Nigam Ltd (BSNL). Under the multi-year contract, Harris Stratex will supply its StarMAX(TM) WiMAX solution to extend BSNL’s public wireless access network to provide high-speed wireless

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PennyOmega.com Short Highlights Before the Bell!

PennyOmega.com Short Highlights Before The Bell!

PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Tuesday August 11, 2009

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IXYS Corporation (NASDAQ:IXYS) announced today its extension of its diode rectifier module range to 3,400 volts repetitive reverse voltage. The dual rectifier diode module with a part number MDD175-34N1 features two diodes in an industry standard module. Each diode is rated at 175 Amps average current at a case temperature of 100 degrees centigrade and rated to 3,400V operation up to 125 degrees centigrade.

Universal Power Group, Inc. (NYSE Amex: UPG), a Texas-based distributor and supplier of batteries and related power accessories and a provider of

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DrStockPick.com Stock Report!

Monday August 3, 2009

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Netflix, Inc. (Nasdaq: NFLX), the world’s largest online movie rental service, today announced an agreement with Disney-ABC Television Group that will make several of ABC’s most popular TV series available to be streamed instantly from Netflix.

SST Communications, a developer of RF front-end components and modules for a wide range of wireless applications and a subsidiary of SST (Silicon Storage Technology, Inc.) (Nasdaq: SSTI), a leader in flash memory technology, today announced that it has doubled the output power of its 2.4 GHz WLAN power amplifier (PA) offering with the new SST12CP11. Housed in a compact 3 x 3mm QFN package, the three-stage device achieves 34

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Telefonica (TEF) reported its second quarter 2009 results today with net income of €1.93 billion ($2.6 billion), down 6.1% year over year while exceeding market consensus. The Spanish telecom giant reported earnings per share of €0.42 ($1.73) for the quarter, beating the Zacks consensus estimate of $1.62. The company reported second quarter revenue of €13.9 billion ($18.9 billion), down 2.6% year over year, which was below Zacks' expectation. Revenue and profitability for the quarter was impacted by weak contributions from European markets due to deteriorating economic conditions. Latin America contributed 40% of the group revenues followed by Spain with 35% and Europe with 24%. Operating income declined 2.8% year over year to €5.6 billion ($7.6 billion). At the end of the June quarter, total customer access points reached approximately 264 million, up 7.6% year over year, with a net addition of 2.6 million. Subscriber accretion ...

L.M. Ericsson (ERIC), the global leader in telecom infrastructure equipment and technology solutions, today won two major contracts in China, together valued at $1.7 billion. Ericsson has entered into 2G/3G framework agreements with both China Mobile (CHL) and China Unicom (CHU), the two larger telecom operators in the country. Under this agreement, both telecom operators will be able to improve the capacity and performance of their 2G networks and accelerate the initial build-up of their 3G networks. China Mobile and China Unicom served more than 620 million mobile subscribers in China, which is just a shade over 40% of the total Chinese population. The contract size of the China Mobile deal is of $1 billion. Ericsson will provide solutions for China Mobile’s network energy optimization and CO2 emission reduction target in addition to expanding the carrier’s GSM/GPRS network coverage and capacity in 18 provinces....

ERF Wireless, a leading provider of enterprise-class wireless broadband products and services, announced this morning that it acquired the assets and operations of Frontier Internet LLC and iTexas.net, both headquartered in Granbury, Texas. These transactions, which closed on the first of the month, are the fourteenth and fifteenth such acquisitions by ERF Wireless of Texas-based Wireless Internet Service Providers (WISPs) and include a combined existing customer base of more than 1,800 customers and over $1,300,000 in profitable recurring annual WISP revenue.

The acquisitions include 16 towers strategically located south and southwest of Fort Worth, Texas. These towers provide ERF Wireless access to a large geographic area that includes coverage in Hood, Somervell, Johnson, Erath and Parker counties within the Barnett Shale area that covers approximately 6,000 square miles of natural gas and oil production territory. The company’s new wireless footprint allows it to market its unique suite of wireless products and

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Elephant Talk seeks to become a supplier of choice for Business-to-Business telecommunications and content services. By combining fixed line and wireless access services through contractual arrangements with an unrestricted number of first/last mile telecom providers, Elephant Talk is able to offer innovative Mobile, Content, VoIP and Media Streaming as well as more traditional telecom services including: Carrier (Pre) Select, Premium Rate, Shared Cost and Toll Free Services.

Such contracts have expanded the company’s footprint into sophisticated networks in over a dozen markets in Europe, Asia Pacific, and the Middle East. Partners like KPN in the Netherlands, Telefonica in Spain, Swisscom in Switzerland, Telecom Italia in Italy, and Belgacom in Belgium have laid the groundwork for exciting partnerships to come; notably an upcoming definitive contract with T-Mobile in the near future.

Recently, Elephant Talk announced that its first Mobile Virtual Network Enabler (MVNE) platform using the antenna network of T-Mobile became operational in

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