StockCall.com Provides Stock Research on AT&T Inc., BCE Inc., VeriSign, Telefonica, and SK Telecom
New York City, New York -- (April 25, 2013)
Telecom services provider AT&T Inc. (NYSE: T), this week, reported its first quarter financial results. The results once again showed growth in the wireless business. Meanwhile, revenue from the wire-line business continued to decline. Declining revenue from wire-line business has been a concern not only for AT&T Inc., but also for other telecom services providers. Going forward, wireless business will continue to drive growth for telecom services providers such as AT&T Inc., BCE Inc. (NYSE: BCE), VeriSign Inc. (NASDAQ: VRSN), Telefonica S.A. (NYSE: TEF), and SK Telecom Co. Ltd. (NYSE: SKM). Shares of telecom services providers ended on a mixed note on Wednesday as the broad market struggled for direction following weaker-than-expected durable goods orders data. StockCall analysts initiated preliminary technical research on T, BCE, VRSN, TEF, and SKM. These free reports are accessible by signing today at
Shares of AT&T Inc. fell sharply on Wednesday after the company reported its first quarter financial results. The stock closed 5.03% lower at $37.04 on above average volume of 61.13 million. Despite the sharp pullback, AT&T’s shares are trading close to their 52-week high of $39. Year-to-date, the stock is still up more than 12.60%, compared to a gain of nearly 10.70% for the S&P 500. The stock is currently trading above its 50-day and 200-day moving averages. The free technical analysis on T is available by signing up at
Shares of BCE Inc. also edged lower in trading yesterday; however, the losses were limited. The stock closed 0.54% lower at $45.69 on volume of 556,600. BCE’s shares have traded sideways in the last few weeks, struggling to break through $46.50 resistance level. The stock’s MACD is currently trading below the signal line, which is a bearish signal. Shares of the company have underperformed the broad market in 2013, gaining more than 7.70%. Register now to download the free research on BCE at
www.StockCall.com/BCE042513.pdf
Shares of VeriSign Inc. shares rose sharply in Wednesday’s trading session. The stock closed 1.89% higher at $45.37 on above average volume of 2.1 million. VeriSign’s shares have had an excellent run so far in 2013, gaining nearly 16.90%. The stock is trading more than 9.50% below its 52-week high. In the last two months, the company’s shares have traded in a very tight range, struggling to break through $47 resistance level. Free report on VRSN can be accessed by registering at
www.StockCall.com/VRSN042513.pdf
Telefonica SA’s shares climbed in trading yesterday, extending their gains for the week. The stock closed 1.84% higher at $14.42 on volume of 1.56 million, taking its gained for the week to 4.80%. Shares of TEF touched an intra-day high of $14.51 on Wednesday. The stock is currently trading close to its 52-week high of $15.44. Year-to-date, however, Telefonica’s shares have underperformed the broad market, gaining nearly 6.90%.Register withStockCall and download the research on TEF for free at
www.StockCall.com/TEF042513.pdf
Shares of SK Telecom Co. Ltd. struggled on Wednesday. The stock fell to an intra-day low of $18.58 before finishing the day 1.53% lower at $18.63 on above average volume of 1.63 million. Despite the pullback, SK Telecom’s shares are up more than 1.20% for the week. The stock is also trading close to its 52-week high of $18.94. The company’s shares are also trading well above their 50-day and 200-day moving averages. Read the full free research on SKM by signing up to StockCall at
www.StockCall.com/SKM042513.pdf
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