Spanish telecom giant Telefonica (TEF) reported results for the first nine months of 2010 with earnings per share of €1.95 ($2.57) above €1.17 in the year-ago period. Despite weak Spanish operations, revenue...
15Nov2010 |
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We are upgrading our recommendation to Outperform from Underperform for Telefonica (TEF), the largest telecom carrier in Spain and Latin America. Currently, the stock has Zacks #2 (Buy) Rank.
We...
17Sep2010 |
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Last week the stock market had a good week, and the bond market corrected a bit. Still, relative to the yield on the 10-year t-note of 2.71% on Friday, stocks look extremely attractive.
The S&P 500 is trading for just 13.4x consensus expectations for 2010, and 11.6x...
7Sep2010 |
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Vivo Participacoes (VIV), the largest wireless operator in Brazil , reported second-quarter earnings per ADS of 33 cents, in line with the Zacks Consensus Estimate. However, net income surged 29.9% year over...
29Jul2010 |
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We are downgrading our recommendation to Underperform from Neutral for Telefonica (TEF), the largest telecom carrier in Spain and Latin America. Currently the stock has Zacks #5 (Strong Sell) Rank. We...
11Jul2010 |
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Spanish telecom behemoth Telefonica (TEF) remains desperate to grab full control of Brazilian wireless kingpin Vivo Participacoes (VIV) as...
2Jun2010 |
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Spanish telecom giant Telefonica SA (TEF) is aggressively preparing to delve deeper into the lucrative Brazilian telecom market, representing the principal growth engine for the carrier over the last few years....
20May2010 |
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With Spain mired in recession, Spanish telecom company Telefonica ADR (NYSE: TEF) has had to rely on Latin America – and Brazil especially – for much of its growth.
Yet Telefonica...
20May2010 |
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Spanish telecom giant Telefonica (TEF) reported first quarter 2010 results with a net income increasing 2% year over year to €1.66 billion (US$2.3 billion), supported by higher sales as a result of healthy...
17May2010 |
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Vivo Participacoes (VIV), the largest wireless operator in Brazil, reported results for first-quarter 2010 with earnings per ADS of 27 cents missing the Zacks Consensus Estimate of 35 cents. However, net income...
4May2010 |
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Wall Street seems obsessed with pigs these days.
PIIGS, that is – Portugal, Ireland, Italy, Greece and Spain – the smaller economies in Europe.
Many people worry whether these countries can honor their sovereign debt because of high, already-existing debt...
8Mar2010 |
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Telefonica SA (TEF), the incumbent telecom carrier in Spain, has released its 2010 capital expenditure (CapEx) guidance for its Brazilian subsidiary Telecomunicacoes de Sao Paulo (
10Dec2009 |
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Spain’s incumbent telecom carrier Telefonica SA (TEF) has reportedly made an all-cash bid to acquire Brazilian telecom operator GVT Holding SA in an effort to expand its presence in the lucrative Brazilian telecom market.
The Spanish operator’s...
8Oct2009 |
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Continued