VM is at a low point. Their stock price sucks. Their stock has only been out for a year, and they should pick back up. They have "unlimited" funding, because the founder is a British Billionare, who i wouldn't doubt is willing to pour millions into the company to keep it afloat until it has a strong income and customer base. They just aquired a new company, and will get 130,000 more customers because of that. They are also lowering their minute price to 8 cents per minute. Also, their 'pay-as-you go' model of cell phone is pretty dominate in Europe and foreign countries, so this may catch o...
Virgina companys have been plauged. Sir Richard Branson is a truely innovative and interesting person, however his company do not fair well in the marketplace.
"Virtual" mobile carrier Virgin Mobile USA (VM) will cut 10% of its staff, or about 45 people in New Jersey and California, the company announced today.
"In a memo to employees today, Virgin Mobile USA Chief Executive Officer Dan Schulman explained that the Company had identified continued synergies associated with the transition of IT services to IBM and the acquisition of Helio," the company said in an emailed statement.
Last Friday, Virgin announced that CFO John Feehan, who had previously announced intentions to leave the company, will stay on. Last quarter, Virgin made $4.1 million on $3
Keefe Bruyette upgraded MetLife (NYSE: MET) to Outperform from Market Perform as they believe the company's capital and liquidity profile are very solid relative to this week's sell-off.
The firm also upgraded shares of MSCI (NYSE: MXB) to Outperform from Market Perform on valuation as they believe near-term challenges are already priced into shares.
Keefe Bruyette upgraded MetLife (NYSE: MET) to Outperform from Market Perform as they believe the company's capital and liquidity profile are very solid relative to this week's sell-off.
The firm also upgraded shares of MSCI (NYSE: MXB) to Outperform from Market Perform on valuation as they believe near-term challenges are already priced into shares.
Burlington Northern (NYSE: BNI) was raised to Overweight from Neutral at JP Morgan based on valuation and strong pricing outlook.
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
VM
VM
About Virgin Mobile USA
- Answers.com
