This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Stocks to Watch: AT&T, Tyson (Update 1)

NEW YORK -- AT&T (T), the No. 2 U.S. telecommunications company, will start selling home monitoring services nationwide.

AT&T will begin trials of the services this summer in Dallas and Atlanta.

AT&T's "Digital Life" will monitor homes for burglaries and will allow customers to control such things as appliances, lights, heating and cooling.

AT&T made its announcement ahead of the U.S. cellphone industry's annual trade show, which starts Tuesday in New Orleans.


Tyson Foods (TSN) reported second-quarter earnings Monday of $166 million, or 44 cents a share, up from year-earlier earnings of $159 million, or 42 cents.

Sales were $8.3 billion, up from $8 billion last year.

On average, analysts expected the company to post a quarterly profit of 38 cents a share on $8.47 billion.

The Five Dumbest Things on Wall Street This Week: April 4


Micron Technology (MU) won the right to negotiate exclusively to buy Elpida Memory after offering more than 200 billion yen ($2.5 billion) for the Japanese chipmaker, Reuters reported, citing a source with direct knowledge of the deal.

The acquisition would lift Micron's global market share of memory chips used in personal computers to 25%, making it the second largest behind Samsung Electronics.

Elpida filed for bankruptcy protection in February.

Shares of Micron Technology rose 2.29% in premarket trading Monday to $6.70.


Dish Network (DISH), the satellite-TV provider, posted first-quarter profit of $360.3 million, or 80 cents a share, down from year-earlier earnings of $549.4 million, or $1.22 a share.

The 2011 quarter included a $340.7 million gain related to a settlement with TiVo.

Revenue rose 11% to $3.58 billion.

Analysts expected earnings of 70 cents a share in the first quarter on revenue of $3.62 billion.

Will Apple's Stock Become Dead Money?


Sysco (SYY), the food distributor, will report fiscal third-quarter earnings of 43 cents a share on revenue of $10.45 billion, according to analysts.

Biotech Stock Mailbag: Exelixis, Protalix, Arena


DigitalGlobe (DGI) on Sunday rejected a $792 million takeover offer from satellite imagery rival GeoEye (GEOY), saying the hostile bid undervalued the company.

The bid would have been for about $17 a share.

"DigitalGlobe has consistently demonstrated superior operating performance compared to GeoEye, including the stronger relative performance on the EnhancedView program," said DigitalGlobe CEO Jeffrey R. Tarr in a statement. "DigitalGlobe is the only provider in the industry with a constellation of three healthy on-orbit high resolution satellites, which allows us to deliver vastly more imagery to NGA than GeoEye, both in total and per-taxpayer dollar, generating significant value for the government and taxpayers. We are enthusiastic about our prospects and the opportunities before us, and our ability to successfully execute on our strategic plan to create value for our customers and shareowners."

-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs