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AT&T (T)
AT&T, with $6.63 billion of debt coming due, may be the biggest beneficiary of the record rally in U.S. corporate bonds in 2009.
Borrowing costs have fallen to almost a five-year low, meaning the Dallas-based phone company and the rest of corporate America with $429 billion of debt maturing are poised to shave $17.4 billion off annual interest expense in 2010, according Moody’s Investors Service and data compiled by Bloomberg.
Dec 31 · 2:08:00 PM · Source: Business Week
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by Michael Oliveto
AT&T (T)
BAF Technologies has received an order to convert 463 Ford E-250 AT&T vans to run on compressed natural gas (CNG).
The order will be fulfilled in the second quarter of 2010, BAF, a wholly owned subsidiary of Clean Energy Fuels Corp., said. “The new orders demonstrate AT&T’s determination to significantly alter its fleet to alternative-fuel vehicles,” said Andrew J. Littlefair, Clean Energy President & CEO.
Dec 29 · 3:40:00 PM · Source: Fleet Owner
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by Michael Oliveto
Telecom Italia S.p.a. (TI)
JP Morgan downgraded Telecom Italia S.p.a. from Neutral to Underweight.
Dec 18 · 1:21:00 PM
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by Rich Pike
Verizon (VZ)
Deutsche Bank initiated coverage for Verizon with a recommendation of Buy.
Dec 17 · 8:43:00 PM
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by Rich Pike
Time Warner Telecom (TWTC)
Deutsche Bank initiated coverage for Time Warner Telecom with a recommendation of Buy.
Dec 17 · 8:42:00 PM
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by Rich Pike
Sprint Nextel (S)
Deutsche Bank initiated coverage for Sprint Nextel Corporation with a recommendation of Hold.
Dec 17 · 8:41:00 PM
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by Rich Pike
SBA Communications Corporation (SBAC)
Deutsche Bank initiated coverage for SBA Communications Corporation with a recommendation of Buy.
Dec 17 · 8:39:00 PM
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by Rich Pike
Qwest Communications (Q)
Deutsche Bank initiated coverage for Qwest Communications International Inc. with a recommendation of Buy.
Dec 17 · 8:38:00 PM
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by Rich Pike
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