Virtually all strikers are from the company?s struggling wireline division.
Research in Motion launched a new, free online management system intended for small businesses on Monday.
Google Inc. (NASDAQ: GOOG) said it agreed to buy Motorola Mobility Holdings, Inc. (NYSE: MMI) for $40 per share in cash or a total of about $12.5 billion. This might create more heat for Apple Inc. (NASDAQ: AAPL), as Google is trying to improve its Android ecosystem with this acquisition.
Jefferies recently met with Visa Inc. (NYSE: V) management and felt the sessions were upbeat in terms of Visa's competitive positioning, product strategy, post-Durbin initiatives, business model resiliency (regardless of macro climate), and robust, highly visible EPS growth.
The top after-market NYSE gainers on Friday are: Beazer Homes USA, Ralcorp Holdings, Regency Energy Partners, Leapfrog Enterprises and Radian Group. The top after-market NYSE losers are: Stewart Information Services, Stantec, PolyOne Corp, Triumph Group and DSW Inc.
The last time Verizon workers went on strike was in August 2000, when members of the Communication Workers of America (CWA) held a work stoppage for eighteen days.
This week investors should focus on the performance of European sovereign debt markets.
The corporation seeks to dramatically reduce health care benefits for its wire line employees ? the workers are demanding they be retained.
Reportedly, incidents of wire-cutting by aggrieved strikers have interfered with the phone services of thousands of customers between Virginia and Massachusetts.
Many of the people demonstrating near Ivan Seidenberg?s home carried placards and held candles.
?We?ve been willing to talk and willing to move forward,? said union spokeswoman Candice Johnson.
After rising steadily from the market-bottom of March 2009 to April 2010, Boeing stock has basically been flat.
?At its core, the strike is about free health care, especially for retirees -- who actually outnumber the active workers.?
Since mid-May 2011, Boeing shares have plunged from just under $80 to about $57, about a 29 percent decline.
Toronto-based Primero Mining Corp., a precious metals producer, said Friday it expects its common shares to begin trading on the New York Stock Exchange on Monday under the symbol "PPP."
The companies whose shares are moving in pre-market trade on Friday are: Nordstrom, J.C. Penney, Prudential Financial, Raytheon, CSX, F5 Networks, Windstream, Carnival Corp, JDS Uniphase, Wynn Resorts and Host Hotels & Resorts.
The top after-market NYSE gainers on Thursday are: Midas, Molycorp, WellCare Helath Plans, Nordstrom, Radian Group, NewJersey Resources, Dillard's and Coca-Cola Enterprises.
The top after-market NYSE Losers on Thursday are: Bally Technologies, Renren, DeVry, Premiere Global Services, Emulex, Humana, Hertz Global Holdings, AMERIGROUP and Transdigm Group.
Jefferies has upgraded PC giant Hewlett-Packard Co. (NYSE:HPQ) to "buy" from "hold," saying that the company is expected to deliver higher margins over long-term and is best positioned to benefit from the increasing demand for cloud services.
In days past, jawboning from Presidents and central banks was often enough to stem a financial markets selloff. Not anymore.
Verizon Communications (NYSE:VZ) claims all is going well with its landline operations, though has filed injunctions against striking employees for destruction of property.
The companies whose shares are moving in pre-market trade on Thursday are: Freeport Mcmoran Copper, News Corp, Ford Motor, PPL Corp, Regions Financial, Sara Lee, NYSE Euronext, American International Group, Alpha Natural Resources, Lincoln National Corp and Citigroup.
