The past week witnessed several key developments in the telecom industry.
Chunghwa Telecom Co. Ltd. (CHT) announced disappointing financial results in the fourth quarter of 2016.
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Chunghwa Telecom (CHT) is the largest telecom operator in Taiwan.
Chunghwa Telecom Co. Ltd. (CHT) declared mixed financial results in the third quarter of 2016.
Last week has been quite unappealing for the telecom sector with large operators losing ground. This was primarily attributed to the not so impressive performance of these telecom firms in the third quarter of 2016.
China Unicom Hong Kong Ltd. (CHU) reported disappointing financial results in the first nine months of 2016.
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The telecom industry experienced a good run on the bourse last week as most of the key stocks traded in the green.
Lam Research Corporation (LRCX), a leading provider of semiconductor manufacturing systems, is set to report first-quarter fiscal 2017 results on Oct 19.
Lam Research Corporation (LRCX) recently announced changes at the management level with the appointment of Rick Tsai to its board, effective immediately.
The telecom sector was hooked on earnings news over the last week too. Several large non-U.S. telecom MNCs have announced their second-quarter 2016 financial results. The overall reports were mixed for most of these companies.
Chunghwa Telecom Co. Ltd. (CHT) declared weak financial results in the second quarter of 2016.
On Jun 3, we issued an updated research report on Frontier Communications Corporation (FTR).
On May 24, 2016, Zacks Investment Research downgraded Cosan Limited (CZZ) to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold).
Chunghwa Telecom (CHT) declared strong financial results for the fourth quarter of 2015
Shares of Chunghwa Telecom Co., Ltd. (CHT), the largest integrated telecom operator in Taiwan, hit a 52-week high of $33.89 on Mar 29.