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Sprint Nextel (S)
Motorola, Inc. and Sprint announced the Motorola i1, the world's first push-to-talk Android(TM)-powered smartphone. The Motorola i1 is the first iDEN device to carry the features of a modern smartphone including a 3.1-inch touch screen, Wi-Fi(R), optimized browsing experience with the latest Opera Mini 5 browser, access to thousands of apps and a push-to-talk experience that includes new features. Sprint will begin offering Motorola i1 this summer.
Mar 23 · 11:06:00 AM · Source: Company Press Release
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by Larry Etter
AT&T (T)
AT&T announced a new AT&T “Choice” bundle that startsat $99 a month for qualifying services and provides a combination of TV, high speed Internet, home phone or wireless voice service — an option not available in most cable bundles. Bundles can include DVR and DVR service, plus a one-year price guarantee and significant monthly savings.
Mar 23 · 11:01:00 AM · Source: Company Press Release
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by Larry Etter
E*TRADE Financial (ETFC)
E*TRADE FINANCIAL Corporation announced its board has appointed Steven Freiberg CEO, effective April 1, 2010. Mr. Freiberg, an experienced financial services executive, has held multiple senior level positions over a distinguished 30-year career at Citigroup. Mr. Freiberg, who also will join the Company's Board of Directors, succeeds interim CEO Robert Druskin. Mr. Druskin will remain on the Board, continuing in his role as Chairman.
Mar 23 · 10:58:00 AM · Source: Company Press Release
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by Larry Etter
AFLAC (AFL)
Aflac said it is enhancing its life insurance policies to provide policyholders with extra benefits and the ability to take their policies with them if they change jobs.
Mar 23 · 10:56:00 AM · Source: Company Press Release
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by Larry Etter
Morgan Stanley (MS)
Morgan Stanley Investment Management (MSIM) said that Morgan Stanley Alternative Investment Partners (AIP) raised $370 million in commitments for Morgan Stanley AIP Phoenix Global Real Estate Secondaries 2009 LP (Phoenix), a fund dedicated to acquiring secondary interests in opportunistic and value-added private equity real estate funds. The capital raised exceeded AIP's initial $250 million target.
Mar 23 · 10:52:00 AM · Source: Company Press Release
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by Larry Etter
J.P. Morgan (JPM)
Chase announced today that it will provide additional help to struggling homeowners by joining the second-lien program of the federal government's Home Affordable Modification Program. The Second-Lien Modification Program, known as 2MP, is designed to work in tandem with HAMP to lower homeowners' payments on both their first and second mortgages.
Mar 23 · 10:48:00 AM · Source: Company Press Release
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by Larry Etter
Gol Linhas Aereas Inteligentes S.a. (GOL)
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL), Brazil, the largest low-cost and low-fare airline in Latin America, announced today the conclusion of the expansion work on its Aircraft Maintenance Center, in Confins (Minas Gerais), where the company carries out heavy airframe maintenance.
Between January and December 2009, Gol had 41.37% of the domestic and 13.40% of the international market share in terms of passengers/km in Brazil. The airline was established in 2000 and started operations on January 15, 2001.
Mar 22 · 10:03:00 AM · Source: Company Press Release
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by Steve Wieczorek
Delta Air Lines (DAL)
Delta Air Lines (NYSE:DAL) will expand its service out of O'Hare International Airport starting June 10, offering 11 daily flights to New York's LaGuardia Airport, according to Chicago Breaking Business News. The service on Delta's business shuttle will replace existing, less-frequent flights between LaGuardia and Chicago's Midway Airport. Delta is stepping up the competition on a key business route, as United and other airlines pare capacity to New York.
Flights on this route will be operated with Embraer 175 regional jets, equipped with 12 first-class seats and 64 in economy class. Both cabins are configured with no middle seats. As reported in MarketBeast previously, Delta, along with many of its rival legacy carriers continue to look at ways to become profitable. Here we see Delta looking to its regional partners to reduce operational and overhead costs. One of the important things to look for is how closely Delta will monitor and manage its regional partners, safety being its biggest concern.
Mar 22 · 9:36:00 AM · Source: Chicago Breaking Business News
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by Steve Wieczorek
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