Ericsson's packet core and radio access gear is powering the offering, which taps into the MSO's AWS spectrum

Pessimistic brokerage repotrtrs weigh on investors. Sprint Nextel also falls.

Sequenom, Inc. (NASDAQ: SQNM)(FREE stock trend analysis) declined 7.66% in the pre-market trade to $3.86, following reports that Sequenom had manipulated its Down Syndrome Data.

Yongye International, Inc. (NASDAQ: YONG)(FREE stock trend analysis) declined 9.53% to $7.50 as Yongye announced a public offering of common stock.

EZchip Semiconductor Ltd. (NASDAQ: EZCH)(FREE stock trend analysis) declined 3.46% to $11.15 as it priced EZchip's public offering of common shares.

Perrigo Company (NASDAQ: PRGO)(FREE stock trend analysis) declined 3.57% to $37.5 and Telefonaktiebolaget LM Ericsson (ADR) (NASDAQ: ERIC)(FREE stock trend analysis) declined 3.11% to $9.02.

Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=5188697 for the full story.

Shares of Leap Wireless International and MetroPCS Communications surge after the discount-wireless carriers are recommended by UBS.

Virgin Media Inc. (VMED), the second largest cable MSO in the U.K., continues to innovate offerings in order to reduce churn and prevent its market share drain due to the onslaught of new entrants. Recently, the company launched “Get Social”, a new social networking and email application for its wireless subscribers, to give them instant [...]

(VMED) Virgin Media Continues Innovation

O2 UK, the British subsidiary of Spanish Telecom giant Telefonica (TEF), has successfully completed first field trial of its 4G network based on the Long Term Evolution (“LTE”) mobile broadband technology. The test was launched in O2 UK’s home market Slough, Berkshire, leveraging the infrastructure support provided by Chinese vendor Huawei Technologies. The trial achieved peak [...]

(TEF) Telefonica’s O2 UK Tests 4G Long Term Evolution Technology

The world’s first and largest commercial 4G service has been launched by TeliaSonera and Ericsson (ERIC) in Stockholm, Sweden. Although 3G (third generation) technologies deliver significantly higher bit rates than 2G technologies, there is still a great opportunity for wireless service providers to capitalize on the ever-increasing demand for wireless broadband and take advantage of the [...]

(ERIC) Ericsson Facilitates Largest 4G Service

STMicroelectronics NV (STM) announced changes in its global sales and marketing organization. The move, which will be effective January 1, 2010, will consolidate ST’s regions in Asia to two: Greater China & South Asia, Japan & Korea. The Greater China and South Asia region will be led by Corporate Vice President Francois Guibert, who has guided [...]

(STM) STMicroelectronics NV to Consolidate Regions in Asia

LM Ericsson Telephone Co. (ERIC) has been selected as successful bidder to acquire certain assets of the Carrier Networks division of Nortel relating to Nortel’s GSM business in the U.S. and Canada. The purchase is structured as an asset sale at a cash purchase price of $70 million on a cash and debt free basis, [...]

(ERIC) LM Ericsson Telephone Co Buys Nortel’s GSM Business

Two Veteran Wall Street Analysts discuss: (Val:) T, CHSI, SBH; (Vern:) ERIC, JCI, GNTX

Elizabeth Harrow takes a look back at news driving the market today.

Andrea Kramer takes a look at opening activity on Wall Street

Let's recap the worst performing stocks of the day and the 52-week lows and see if anything in the trash is worth mentioning.  The market was on fire today so for these stocks to fall tells us that either their complete crap or it was just an unlucky day.  Let's get started...

WebMD (WBMD) fell 13% to a new 2 month low. Shares are still overpriced at $50, we'll wait for a new 52-week low before considering buying a web 2.0 company that only trades with a P/E of 235.  You've got to be kidding me.

Corinthian Collegee (COCO) fell 9% because no one wants to go there for a "post-secondary education".  Shares are now at $14, whatever, let the Apollo Group (APOL) buy them at which point we'll consider bitting.

New 52-week low for Gymboree Corporation (GYMB) at $34 and junk.  Don't touch that stock with a 50 foot pole, it's got Fad written all over it.

Level 3 (LVLT) and Ericsson (ERIC) hit new lows today, now that maybe worth dusting off and seeing if it's worth a bite.

ZipRealty (ZIPR) is absolute garbage. Fellow StockMasters slammed them good on 247WallSt there other day, click here to read Frank's takedown - ZipRealty needs to face REALITY

There you have it fellow Masters, way too much trash today, nothing re-cycleable.

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Activision, Inc. (ATVI)  up almost 20% since we told you to buy in April 2007.
Service Corp. International (SCI) up 43% since our 1st newsletter back in October 2006.
In March 2007 we said buy Halliburton Company (HAL), it's up more than 25% since we told you to buy.
Blockbuster Inc. (BBI) ran up 36% since told Masters to buy back in June 2007.
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Joseph Hargett takes a look at news on the Street before the market opens.Joseph Hargett takes a look back at news that drove the major market indices today.