MARKET TALK: Seymour Pierce Cuts Game Group To Hold
17th Jun 2010 09:35
0835 GMT [Dow Jones] Seymour Pierce downgrades Game Group (GMG.LN) to hold from buy, following the company's trading update, which it describes as mixed. "Worryingly, the company must have come close to underperforming the games market in the UK, which was reported to have declined by 19% in the per
Read moreMARKET TALK: Polkomtel Dividend Cut Negative For Shareholders
17th Jun 2010 09:10
0810 GMT [Dow Jones] Polkomtel's '09 dividend cut, coupled with a lower audited net result than previously thought, will mean PLN125 million less cash than expected for 24.39% shareholders KGHM (KGH.WA) and PKN Orlen, and PLN112 million less for 21.85% shareholder PGE (PGE.WA), says DI BRE analyst M
Read morePolish Polkomtel To Pay 60% Of '09 Profit In Dividends -Report
17th Jun 2010 07:45
WARSAW (Dow Jones)--Polish mobile telephone operator Polkomtel will pay 60% of last year's net profit in dividends, its Chief Executive Jaroslaw Bauc is quoted as saying by daily Parkiet. The company's profit last year stood at 980 million zloty ($295 million), Bauc said. Polkomtel's shareho
Read moreLondon pre-open: Footsie to edge higher
17th Jun 2010 07:35
Footsie is expected to edge higher in early dealings, even as mainland European bourses slip back, with BP again in the spot light following yesterday's meeting with the US president. BP has cancelled dividends for the rest of the year and agreed to a demand from US president Obama to put $20bn in
Read moreGAME Group Sees Tough Start To FY 2011; Names New CEO
17th Jun 2010 07:20
LONDON (Dow Jones)--Video game retailer GAME Group PLC (GMG.LN) Thursday said it had a tough start to the fiscal 2011 and now expects full-year gross margins to fall around 100 basis points on the year. For the first 19 weeks to June 12 GAME, which trades from 641 stores across the U.K., said to
Read moreSprint Plans To Open Center To Foster Connected Devices -Exec
16th Jun 2010 19:19
By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Sprint Nextel Corp. (S) plans to open up a center to help foster the development of devices using a cellular connection later this year, according to a company executive. As the traditional business of providing cellphone voice
Read morePRESS RELEASE: 3G Wireless: More Coverage in Anaheim Hills, California
16th Jun 2010 18:57
New Verizon Wireless cell site also adds capacity to stay ahead of demand for calls, email and text IRVINE, Calif., June 16 /PRNewswire/ -- Orange County residents, businesses and visitors are enjoying improved service thanks to a new Verizon Wireless cell site. The site improves 3G wireless co
Read morePRESS RELEASE: 3G Wireless: More Coverage in Los Angeles, California
16th Jun 2010 18:52
New Verizon Wireless cell site also adds capacity to stay ahead of demand for calls, email and text IRVINE, Cailf., June 16 /PRNewswire/ -- Los Angeles County residents, businesses and visitors are enjoying improved service thanks to a new Verizon Wireless cell site. The site improves 3G wirele
Read morePRESS RELEASE: Play it Safe This Summer With Verizon Wireless
16th Jun 2010 13:30
To Celebrate Wireless Safety Week, Verizon Wireless Offers Tips and Apps to Ensure a Safe and Happy Summer BASKING RIDGE, N.J., June 16 /PRNewswire/ -- This is the time of year when children trade their pencils and books for beach balls and camping tents, and in recognition of Wireless Safety W
Read moreVodafone Hutchison Australia Completes A$3.0B Refinancing
16th Jun 2010 06:41
SYDNEY (Dow Jones)--Vodafone Hutchison Australia said Wednesday it has refinanced A$3.0 billion through a syndicated loan with 12 banks. The three year finance replaces loans from the company's shareholders. "This external financing gives VHA a new capital structure and facilitates our abili
Read morePRESS RELEASE: Downtown Grand Rapids, Michigan, Residents to Benefit From Verizon Wireless Network Enhancements
15th Jun 2010 18:00
New Cell Site Means Clearer Reception, Fewer Dropped Calls GRAND RAPIDS, Mich., June 15 /PRNewswire/ -- Verizon Wireless has activated a new cell site in downtown Grand Rapids, which enables more customers to use their wireless phones to make calls; send and receive email and text, picture and
Read moreAT&T CEO: Not Worried About Verizon's Android Position
15th Jun 2010 17:51
By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--AT&T Inc. (T) Chief Executive Randall Stephenson said he isn't losing any sleep over Verizon Wireless's strong current position with Android phones, adding that things will change dramatically over the next six months. One of th
Read morePRESS RELEASE: Verizon Wireless Chooses CETECOM to Provide Testing Services for LTE Devices
15th Jun 2010 16:00
BASKING RIDGE, N.J., and ESSEN, Germany, June 15 /PRNewswire/ -- Verizon Wireless announced today it has selected CETECOM as a laboratory to test devices for operation on the nationwide 4G Long Term Evolution (LTE) network that Verizon Wireless is building on the Upper 700 MHz C-Block spectrum. CETE
Read morePRESS RELEASE: Verizon Wireless Names Randall Miller Executive Director of Network in Philadelphia Region
15th Jun 2010 14:35
TREVOSE, Pa., June 15 /PRNewswire/ -- Verizon Wireless has named Randall Miller executive director of network for the Philadelphia Tri-State Region, a territory which includes central, northeastern and southeastern Pennsylvania, southern New Jersey and Delaware. In this position, Miller will be
Read moreSpain Launches Plan To Distribute Mobile Spectrum For Telecoms
15th Jun 2010 13:15
MADRID (Dow Jones)--Spain's Industry ministry has laid out a plan to distribute frequencies to telecommunications companies as the country looks to expand access to next-generation mobile Internet services. The Spanish government will allocate the 800 megahertz band previously used by analog tel
Read more