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| Author | Topic: Worldcom (WCOM) |
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InvestorGuide Daily Administrator |
posted 04-26-2001 06:59 PM
 
Company Name (Ticker): reported, expected, same q last year WorldCom (WCOM): $0.25, $0.27, $0.44 |
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InvestorGuide Daily Administrator |
posted 04-26-2001 06:37 PM
WorldCom earned $729 million, or 25 cents a diluted share, from operations in the quarter, excluding charges for previously announced staff cuts. That's in line with forecasts of analysts surveyed by earnings tracker First Call, but down from $1.2 billion, or 44 cents a share, earned on the same basis in the year-earlier quarter. (source: CNNfn) http://cnnfn.cnn.com/2001/04/26/companies/worldcom |
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InvestorGuide Daily Administrator |
posted 04-02-2001 06:40 PM
WorldCom joined the growing list of companies cutting their payrolls when it laid off roughly 7% of its workforce at the end of February. Since a December low, WorldCom shares have risen 41%. Will the company succeed in its turnaround efforts, and is the stock still a buy after its recent runup? (source: Forbes) http://www.forbes.com/2001/04/02/0402streetfight.html |
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InvestorGuide Daily Administrator |
posted 03-01-2001 06:15 PM
In Brief: - WorldCom, the nation's second-largest provider of long distance service, laid off about 6,000 U.S. employees, or roughly 7% of its worldwide work force, as part of a restructuring announced last year. |
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Earnings Administrator |
posted 02-08-2001 07:07 PM
Company Name (Ticker): reported, expected, same q last year ViaSat, Inc (VSAT): $0.13, $0.15, $0.12 Company Name (Ticker): reported, expected, same q last year WorldCom (WCOM): $0.28, $0.27, $0.42 |
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InvestorGuide Daily Administrator |
posted 01-26-2001 06:12 PM
In Brief: - WorldCom, the No.2 U.S. long distance carrier, reportedly plans to cut its workforce by up to 15% as part of a previously announced restructuring. |
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smario |
posted 11-06-2000 04:38 PM
Regarding this whole Worldcom downturn - i'm not sure if this is possible or not, if I were a shareholder, I would consider filing a class-action suit against either the EU or the FCC on behalf of Worldcom shareholders. It's pretty clear to me that because Worldcom was unable to complete their deal with Sprint due solely to regulatory concerns (ie out of their hands), they were in turn unable to get the wireless business that would allow them to have set the foundation for the future. Now all they have is a LD, Internet, and pager business that really isn't quite scalable, and the negativity finally is showing. Because of all of this, Worldcom has been unable to do anything most of the year. And if I'm a shareholder, the reason I've lost money is not because of Worldcom, but because of the EU and FCC. |
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InvestorGuide Daily Administrator |
posted 11-02-2000 07:12 PM
This columnist thinks that gimmicks designed to boost a failing stock price, such as those recently employed by Worldcom, are a sure fire sign of real trouble. (source: MSNBC) http://www.msnbc.com/news/484014.asp |
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InvestorGuide Daily Administrator |
posted 11-01-2000 06:47 PM
Worldcom said today that it expects earnings of $0.34 to $0.37 a share for the 1Q 2001, far below analysts' current estimates of $0.49. The Clinton, Miss. based communications giant also said it's going to "separate its businesses into two publicly traded tracking stocks." (source: The Street) http://www.thestreet.com/brknews/telecom/1151724.html |
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Earnings Administrator |
posted 10-26-2000 07:11 PM
WorldCom matched Wall Street's earnings estimates of 47 cents per share for the third quarter but declined to announce plans for its eroding long-distance business. (source: CNET) http://news.cnet.com/news/0-1004-200-3300273.html Company Name (Ticker): reported, expected, same q last year WorldCom (WCOM): $0.47, $0.47, $0.37 |
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linnch |
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dinosaur_25 |
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InvestorGuide Daily Administrator |
posted 09-14-2000 06:18 PM
When federal regulators downed Worldcom's proposed takeover of Sprint, CEO Bernard J. Ebbers blasted the parties involved (e.g., Janet Reno and Joel Klein). Ebbers may have been a little too aggressive in his response, but he also may have had a valid point. (source: Upside.com) http://www.upside.com/Opinion/39a428500.html |
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InvestorGuide Daily Administrator |
posted 09-12-2000 06:37 PM
Telecom will never be the same. Deregulation has dramatically reshaped the world's communication networks. First, national phone companies were suddenly challenged by companies such as Sprint and WorldCom. Second, thousands of upstart Internet, wireless and networking firms are now taking aim at the former state monopolies. (source: TheStandard) http://thestandard.com/article/display/0,1151,18303,00.html |
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InvestorGuide Daily Administrator |
posted 09-05-2000 05:25 PM
In an effort to accelerate the development of its managed web and application hosting services, WorldCom has agreed to acquire Intermedia Communications. Worldcom will pay $39 in its stock for each share of Intermedia, in a deal currently valued at around $3 billion. (source: CNNfn) http://cnnfn.cnn.com/2000/09/05/deals/worldcom/ |
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