Telecom, Media & Semi Notes – (VZ, NFLX, CSCO, AMD, DIS, VIA, NWS)

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Below we present a summary of key updates that might be of interest to investors interested in technology stocks. This update includes Verizon ( VZ ), Netflix ( NFLX ), Cisco ( CSCO ), AMD ( AMD ), Disney ( DIS ), Viacom (VIA) and News Corp (NWS).

Verizon

As expected, Verizon has discontinued its unlimited smartphone data plans, starting July 7th 2011. However, the company has confirmed that it will continue its unlimited 'any mobile' plan, which includes unlimited texting and voice, in certain markets.


According to a research note from an analyst, Verizon's iPhone sales to its subscribers in Q2 are likely to fall compared to Q1 2011.

Netflix

Netflix has officially announced that it will expand its streaming services to 43 countries in Latin American and Caribbean regions.

Cisco

China is undertaking a video-surveillance project under which it will deploy about half a million cameras aimed at crime control and prevention. Cisco is expected to supply the necessary networking equipment for operating such a network.

AMD

AMD has officially announced that its Q2 2011 results will be released on July 21, 2011.

Viacom

Viacom's film division Paramount Pictures will be launching its own animation division. This division will be focused on animation movies with budgets of up to $100 million per movie.

Disney, News Corp

Hulu, which is a joint venture of Disney, News Corp and NBCUniversal, is expected to be sold and about 8-10 potential buyers have surfaced including companies like Google (GOOG), Microsoft (MSFT) and Yahoo (YHOO).



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks , US Markets

Referenced Stocks: AMD , CSCO , DIS , NFLX , VZ

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