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AT&T Signals Big Job Cut

... been trying to shrink its exposure to its declining segments, such as its wireline business," said Craig Moffett, an analyst at Sanford C. Bernstein. "Nonetheless, this is a prudent step to try to keep pace with the decline."AT&T stock fell 3.1%, or 91 cents, to close at $28.17. Over the past year, the telecom company has lost a quarter of its market value, but has maintained its...

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AT&T To Disconnect 12,000 Jobs

... been trying to shrink its exposure to its declining segments, such as its wireline business," said Craig Moffett, an analyst at Sanford C. Bernstein. "Nonetheless, this is a prudent step to try to keep pace with the decline."AT&T's stock fell 2.2%, or 65 cents, to $28.43, in midday trading. Over the past year, the firm has lost a quarter of its market value, but has maintained its...

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Satellite TV: Seeing Little Growth, Bernstien Slashes Ests

Shares of satellite television providers DISH Network (DISH) and DirecTV (DTV) both took a beating today following a highly cautious note on the industry this morning from Bernstein Research analyst Craig Moffett . Moffett maintained his Market Perform rating on both stocks, but cut estimates and price targets: For DISH , he now sees 2008 EPS of $2.03, down from $2.51; for 2009...

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Recession Winner: Cable Operators

... monthly revenue at Comcast comes from DVR and HD revenue, estimates Sanford C. Bernstein analyst Craig Moffett, while pay per view contributes less. Buy Your First Apartment Building E-Course. Learn How To Generate Massive Cash Flow By Investing In Apartment Buildings. Ted Karsch Shows Exactly How To Buy And Manage Profitable Apartment Buildings Anywhere In The U.s.. He Explains Little...

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Will consumers have a Blu-ray Christmas on an HDTV?

... the quintessential emblem of consumerism of the past decade," says Sanford C. Bernstein analyst Craig Moffett. "They were expensive status symbols and, not coincidently, bought on extended credit. Those credit terms simply aren't available."Although consumer electronics stores don't report how many HDTVs are bought on credit, the number could be as high as 50%, Gagnon says. TV sets...