Telecom: McDonald's, AT&T Beat Estimates

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FORBES.COM TELECOM NEWSLETTER OCTOBER 22, 2009
McDonald's, AT&T Beat Estimates This is a transcript of the Market Update: Midday Report. Blue Chips Sparkle As Broader Market Idles Declines outnumber advances, but solid Q3 results from AT&T and McDonald's lift the Dow. Mixed Start As Traders Mull Jobs, Earnings An uptick in weekly jobless claims and results from the likes of McDonald's and AT&T will drive early trading. Juniper To Launch New Chips, Software, Logo With a broad product upgrade and marketing push, the second-place networking firm plans to ramp up competition with Cisco. Wealth Creation Is No Crime It's fashionable to take swipes at the greedy and ignorant boobs who run American business, but don't spread the blame universally. S&P 500 Weekly Wrap-Up The S&P 500 took a small gain, unfazed by high-profile earnings reports. Green Shoots For Web Advertising From Google, positive signs--will the NYT follow with its own strong Web ad results? What happened in media this week and what to watch in the week ahead. LiMo Fights Back As Google expands its influence in the wireless industry, a rival mobile Linux consortium plots its response. Small-Cap Gems William Blair Small Cap Growth has had a stellar year. Its manager picks stocks from our 200 Best Small Companies list. Cisco's Threat From China Since the dot-com bust 3Com has been taking Chinese lessons. Telstra Gets An Ultimatum Australia's telecom chief ignores Telstra's objections to his reform bill. This New Chip Cycle The present chip period is reminiscent of the beginning of that long cycle: Sentiment remains low, yet the numbers are pouring in. Comcast Waits For 'Oui' Or 'Non' Vivendi could decide Wednesday to sell its minority stake in NBC Universal, paving way for cable company to grab control. S&P 500 Weekly Wrap-Up The S&P ends the week with five straight sessions in positive territory. Telefonica Dividend Tops 4% Spanish telecoms firm Telefonica increased its dividend above consensus but warned on earnings. Iran's Telecom Privatization May Prompt Reform The bidding process and the eventual winner's ties to extremist groups has brought the deal under much public scrutiny. SEC And Manhattan DA Investigate Southridge Capital Stephen Hicks' firm specializes in private investments in public equities, known as PIPEs. Housing Data Lifts Confidence In Europe A rise in U.K. property prices lifts investor appetite in London; SocGen announces a $7 billion share placement.	ADVERTISEMENT
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