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Friday, June 06, 2008 --- 122 days ago http://www.bloggingstocks.com/2008/06/06/before-the-bell-wmt-aapl-vz-tm-amat-ge/
Filed under: Before the bell , Apple Inc (AAPL) , General Electric (GE) , Wal-Mart (WMT) , Toyota Motor Corp. (TM) , AT and T (T) , Applied Materials (AMAT) , Research in Motion (RIMM) , Goldman Sachs Group (GS) , Verizon Communications (VZ) , Broadcom Corp'A' (BRCM) Before the bell: Futures steady ahead of payroll report Wal-Mart Stores Inc. (NYSE: WMT ) is holding its annual shareholder meeting Friday. Apple Inc. (NASDAQ: AAPL ) Chief Executive Officer Steve Jobs will deliver his keynote speech Monday June 9 and may unveil then an iPhone that works with third-generation, or 3G, wireless networks, which are much faster than current AT&T (NYSE: T )'s network as Apple tries to lure business users from Research in Motion Ltd. (NASDAQ: RIMM ) BlackBerry users and reach more international customers. If the iPhone was at first positioned as a consumer phone, the business segment is too lucrative to avoid, not to mention that many overseas customers are used to 3G networks. Verizon Wireless has agreed Thursday to buy Alltel Corp. for $5.9 billion, which would make it by far the largest cellular carrier in the U.S. Verizon Wireless is a joint venture of Vodafone (NYSE: VOD ) and Verizon Communications (NYSE: VZ ). The deal comes just seven months after Alltel was taken private by TPG Capital and a unit of Goldman Sachs Group (NYSE: GS ). Together, they would have some 80 million subscribers, surpassing AT&T (NYSE: T)'s 71 million. In quit ... |
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