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       Sector: Services  >  Industry: Communications Services
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From the Blogosphere

Possible takeover bid for Tech Mahindra
Bull-1
17%
Private Equity players are planning a bid for Tech Mahindra which is co-owned by british telecom (BT) and Mahindra & Mahindra. The outsourcing company will command rich valuation and the stock price is expected to go up.
By  tushar makhija   (-5.34%  risk: aggressive)  09/08/08 Comment


Is BT's offer to save Britain's red phone boxes for £500 fair?

Filed under: Products and services, Marketing and advertising, Technology

This week BT PLC (formerly British Telecommunications PLC) (NYSE: BT) got lots of favorable coverage for relenting on its plan to remove thousands of iconic red phone boxes. BT announced in June it wanted to replace about one-third of its remaining 12,000 red phone boxes. The company has slowly been dispatching the boxes for years, prompting small local protests all along and a big outcry this summer.

BT proposed a new deal: for £1 a town could keep the box, but with no working phone. A working phone would cost £500 <><><><><><><><><><><><>< />< /><>< /><><>< /><><>< /><>< />< />...
By  Carol Vinzant   (-40.18%  risk: moderate)  09/04/08 Comment


Alcatel-Lucent Names New Chairman, CEO; Stock Slips
N/A

Alcatel-Lucent (ALU) shares are trading slightly lower after the company named a new chairman and a new chief executive.

The new non-executive chairman is Phillipe Camus, the co-managing partner of the media company Lagardere, and a partner in investment firm Evercore Partners. He was previously CEO of EADS, the European Aeronautic Defense and Space company.

The new CEO is Ben Verwaayen, a Dutch national who from February 2002 until June 1 2008 had been CEO of BY (BT).

The news puts an end to rumors that former Alcatel COO Mike Quigley was going to get the top job.

<><>Jamie Townsend, an analyst...
By  Eric Savitz (Barron's)    09/02/08 Comment


Notable Analyst Rating Changes 8/28: AMLN, BT, JAS Upgraded; KO, CHL, GILD Downgraded
StreetInsider.com Notable Analyst Rating Changes:UPGRADES:Merrill Lynch upgrades Amylin Pharmaceuticals (Nasdaq: AMLN) from Neutral to Buy.Goldman Sachs upgrades BT Group PLC (NYSE: BT) from Neutral to Buy.Soleil Securities upgrades Jo-Ann Stores (NYSE: JAS) from Hold to Buy with a $30 price target For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:Credit Suisse downgrades Coca-Cola (NYSE: KO) from Outperform to Neutral.J.P. Morgan downgrades China Mobile (NYSE: CHL) from Overweight to Underweight and removes stock from Asia Focus List.Lehman Bros. downgrade...
By  Street Insider   (+0.33%  risk: moderate)  08/28/08 Comment


Analyst calls: BT, JAS, EGN, CHL, KO, GILD, DWA ...

Filed under: Analyst reports, Analyst upgrades and downgrades, Coca-Cola (KO), Analyst initiations, Gilead Sciences (GILD), China Mobile Limited (CHL)

Analyst upgrades:
<>
  • Goldman upgraded BT Group (NYSE: BT) to Buy from Neutral on valuation and improved earnings visibility.
  • Soleil upgraded shares of Jo Ann Stores (NYSE: JAS) to Buy from Hold following the company's Q2 upside surprise to reflect strong fundamentals and market share gains. The firm raised Jo Ann's target to $30 from $25.
  • Amylin Pharma (NASDAQ: AMLN) was upgraded to Buy from Neutral at Merrill Lynch.
    • <>Energen (NYSE:...
    By  Eric Buscemi   (+0.00%)  08/28/08 Comment



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