Tag Archives: bad-request

AT&T Earnings Beat, Capex Falls Ahead Of DirecTV Deal

AT&T (T) late Thursday reported Q2 adjusted earnings above expectations and roughly in-line revenue, ahead of its potential acquisition of satellite TV broadcaster DirecTV Group. AT&T said Q2 adjusted EPS climbed 11% from the year-earlier quarter to 69 cents, excluding merger and network expenses. Revenue rose 1.4% to $33.01 billion. Analysts had modeled EPS of 63 cents on revenue of $33.05 billion. AT&T’s capital spending on wireless and wireline

Apple, Chinese Firms Grab Q2 Smartphone Market Share

Apple (AAPL) and Chinese rivals Huawei and Xiaomi outpaced the overall smartphone market in the second quarter and gained market share. Meanwhile, No. 1 vendor Samsung was the only top smartphone maker to post a year-over-year unit shipment decline, research firm IDC said Thursday. South Korea-based Samsung led the smartphone market by a comfortable margin in Q2, but saw its shipments decline 2.3% year over year to 73.2 million units. Its

Fortinet ‘Eye-Popping’ Q2 Spurs Price Target Hikes

Fortinet (FTNT) got a string of price target increases Thursday after it posted Q2 earnings late Wednesday that easily topped Street estimates and raised its full-year outlook. FBR Capital Markets analyst Daniel Ives, in a research report Thursday, called Fortinet’s Q2 earnings “eye-popping” and raised his target price on Fortinet to 52 from 44. Ives said that the company “shows no signs of slowing its increasing product/service proliferation in