AT&T, Inc. (NYSE:T): The FCC is currently considering the adoption of a single standard to measure whether of not companies have obtained too much spectrum, The Hill reported last night. Currently, the agency uses a different set of criteria for each spectrum transaction, the publication elaborated. The shares traded down $0.02 (0.05%) recently at $36.71.
Don’t Miss: Samsung DEFEATS Apple in Japan.
Sprint Nextel Corp. (NYSE:S) shares ended lower by $0.07 (-1.43 percent) to $4.82 after yesterday’s close with over 38.52 million shares exchanging hands for the session, and this is below its average volume of 80.30 million shares. The company’s low point in its 52-week range is $2.10 per share, with $5.49 as the 52-week high point. Its price, as of the latest close, had risen 129.5 percent versus the 52-week low and was 13.9 percent lower than the 52-week high. The company possesses a market capitalization of $14.46 billion. Since Sprint Nextel insiders possess better access to company non-public information, Insiderslab.com believes that investors should pay close attention to their stock trading behaviors. The shares traded up $0.02 (0.41%) recently at $4.85.
Verizon Communications Inc. (NYSE:VZ) acquired 23 PCS licenses and 13 Advanced Wireless Service (AWS) licenses spanning the U.S. for $120 million. The transaction should allow Verizon to offer services at a higher speed, which in return, will boost its data revenues. The purchase would raise the current amount of Verizon airwaves available for Long Term Evolution, a 4G network. The shares traded up $0.01 (0.02%) recently at $42.78.
Vodafone Group plc (NASDAQ:VOD) along with IBM (NYSE:IBM) announced a collaboration for the combination of mobile communications and cloud computing for the remote management of ‘smart home’ appliances. At the IFA consumer electronics event in Berlin, Vodafone and IBM are to demonstrate the mobile management of a washing machine along other smart home devices connected by Vodafone’s Global M2M Platform,which runs on IBM’s new SmartCloud Service Delivery Platform. The shares traded down $0.15 (0.52%) recently at $28.90.
Clearwire Corporation (NASDAQ:CLWR) shares possess a greater downside risk than upside potential throughout the next several quarters, due to the recent appreciation. Clearwire shares were raised 42 percent during the past month as investors became more optimistic in regards to the company’s prospects for the monetization of its spectrum assets. The prospects for Clearwire to monetize its spectrum assets during the near or medium term appears slim as the most significant potential purchasers seem to be focused on other spectrum sources, like acquired or re-farmed spectrum in the advanced wireless service (AWS), WCS, 800 MHz and/or 700 MHz bands, or on augmenting capacity via small-cell architectures. The shares traded up $0.02 (1.23%) recently at $1.645.
Don’t Miss: Is Google Going to SPLIT Motorola?
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>