--------------------------------------------------------------------- The Evening Bridge - March 13, 2006 --------------------------------------------------------------------- TOP STORY - BellSouth released details today of its modified plan to reduce its management workforce. The telco said it would eliminate about 1,300 employees, down from an initial estimate of 1,500 lay-offs first announced in December. BellSouth said it expects most of the reductions will be completed by the end of May. An after-tax charge of about $100 million will be recorded this year related to the workforce reduction initiative, with about $85 million recorded in the second quarter, the company said.
Our valued sponsors: Applied Telcomm - http://www.appliedtel.com marcus evans conferences - www.marcusevansmo.com/ftth2 Pace Electronics - http://www.pacemso.com/sky/Feb06/VAR/?RefSalesSrc=6003&Referrer=SkyVAR VoIPossibilities Conference and Expo - http://www.voipossibilities.com --------------------------------------------------------------------- Hot & Not --------------------------------------------------------------------- Hot Close Pts. + % Chg 52-Week WGAT 1.60 0.08 5.26 % 1.06 - 6.03 TLGD 15.63 0.78 5.25 % 6.64 - 16.10 NNDS 49.14 1.66 3.49 % 29.27 - 49.93 ARRS 12.46 0.29 2.38 % 6.20 - 14.30 TV 79.01 1.78 2.30 % 51.95 - 86.14 Not Close Pts. - % Chg 52-Week OUTD 10.85 - 0.60 - 5.24 % 11.33 - 17.49 GMST 3.00 - 0.14 - 4.46 % 2.24 - 4.58 SIRI 4.60 - 0.18 - 3.77 % 4.42 - 7.98 CHTR 0.97 - 0.03 - 3.00 % 0.88 - 2.00 ELNK 8.84 - 0.16 - 1.78 % 8.32 - 12.21 DOW 11,076 -0 NASDAQ 2,267 5 S&P 500 1,284 3 --------------------------------------------------------------------- At the Bell --------------------------------------------------------------------- here! announced a carriage agreement with Buckeye CableSystem, in which the programmer will be offered to subscribers as a full linear premium channel serving customers in the Toledo metropolitan area --- Former FCC Commissioner Kathleen Abernathy will join the law firm of Akin Gump Strauss Hauer and Feld as a partner in the communications and information technology practice. She will be based in Washington, D.C., and starts work March 29 --- Citigroup upgraded Apple from "hold" to "buy" ---- Comcast said it will launch Si TV, an English-language Latino cable network, throughout the Stockton, Modesto, Lodi and Tracy, Calif., areas. --------------------------------------------------------------------- The Week Ahead --------------------------------------------------------------------- EchoStar reports fourth quarter results Wednesday --- In a unique twist, the Senate Commerce Committee will hold hearings Tuesday on Wall Street's perspective on telecommunications --- March Madness gets started this week, with an opening round game for the Men's NCAA Basketball championship taking place Tuesday and the rest of the tournament getting started in a big way Thursday --- The Federal Communications Commission meets Friday, and children's television obligations for digital TV broadcasters are among the topics up for discussion. --------------------------------------------------------------------- PrimeTime Players --------------------------------------------------------------------- Close Pts. + % Chg 52-Week T 27.12 - 0.11 - 0.40 % 21.79 - 28.82 BLS 34.46 0.11 0.32 % 24.32 - 35.25 CVC 26.35 - 0.13 - 0.49 % 22.50 - 33.90 CBS 24.02 0.07 0.29 % 23.85 - 27.45 CCBL 6.91 - 0.12 - 1.71 % 4.77 - 8.82 CHTR 0.97 - 0.03 - 3.00 % 0.88 - 2.00 CSCO 20.86 0.04 0.19 % 16.83 - 21.48 CMCSA 26.10 - 0.15 - 0.57 % 25.35 - 34.50 CSGS 22.68 - 0.16 - 0.70 % 15.74 - 24.76 DTV 15.57 - 0.01 - 0.06 % 13.17 - 16.79 DISCA 14.52 0.17 1.18 % 13.51 - 16.30 DISH 29.05 - 0.01 - 0.03 % 24.44 - 32.33 GMSTE 3.00 - 0.14 - 4.46 % 2.24 - 4.58 GE 33.67 0.02 0.06 % 32.21 - 37.34 IACI 30.38 0.17 0.56 % 23.49 - 55.50 L 8.12 - 0.09 - 1.10 % 7.59 - 10.71 LBTYA 19.63 0.09 0.46 % 19.39 - 52.32 MCCC 5.71 - 0.04 - 0.70 % 4.75 - 7.59 MSFT 27.11 - 0.06 - 0.22 % 23.82 - 28.38 MOT 20.90 0.06 0.29 % 14.48 - 24.99 NNDS 49.14 1.66 3.49 % 29.27 - 49.93 NWS 17.69 0.15 0.86 % 14.76 - 18.63 OPTV 2.39 0.02 0.84 % 2.07 - 3.45 OUTD 10.85 - 0.60 - 5.24 % 11.33 - 17.49 PAX 0.96 0.01 1.05 % 0.37 - 1.56 PLA 13.52 - 0.23 - 1.67 % 11.80 - 15.88 Q 6.47 - 0.01 - 0.15 % 3.30 - 7.02 SSP 47.30 - 0.40 - 0.84 % 44.85 - 52.91 SIRI 4.60 - 0.18 - 3.77 % 4.42 - 7.98 STM 16.78 - 0.08 - 0.47 % 13.96 - 19.90 TWX 17.13 - 0.07 - 0.41 % 16.10 - 19.00 TIVO 6.13 0.13 2.17 % 3.75 - 7.75 VZ 34.32 0.13 0.38 % 29.13 - 36.39 VIA 38.84 - 0.06 - 0.15 % 37.68 - 43.87 DIS 28.56 0.40 1.42 % 22.89 - 29.00 XMSR 21.01 0.16 0.77 % 20.40 - 37.31 ===================================================================== For all the industry critical news - see: The BRIDGE War Room - http://www.mbc-thebridge.com/research.cfm SkyREPORT - http://www.skyreport.com SkyRETAILER - http://www.skyretailer.com The BRIDGE - http://www.mbc-thebridge.com -------------------------------------------------------------------- -To modify your subscription to The Evening Bridge, visit http://www.mbc-thebridge.com/register.cfm We welcome your comments and suggestions. Contact the editor at [EMAIL PROTECTED] Data and information is provided for informational purposes only and is not intended for trading purposes. MBC is not liable for any errors or delays in the content or for any actions taken in reliance thereon. --------------------------------------------------------------------- © MBC 2006 165 South Union Boulevard, Suite #280 - Lakewood - CO 80228 - tel. 303-271-9960 - fax 303-271-9965
