AT&T reported results for the first quarter with revenue and EPS slightly above Street expectations. Spurred by T-Mobile (TMUS $23.34; Outperform) with its JUMP plans, the U.S. wireless industry is in the midst of a highly profitable paradigm shift toward eliminating phone subsidies through the guise of “early-upgrade” plans. InRead More
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Juniper posted solid first-quarter results, coming in roughly $20 million ahead of the Street’s top-line estimate and in line with the Street’s non-GAAP EPS target, despite higher-than-expected legal expenses. Second-quarter guidance was slightly ahead of consensus on revenue and nicely ahead on EPS, driven by cost cuts and share countRead More