Shares of Clearwire Corp., Sprint Nextel Corp., Ericsson and Nokia Corp. surged in Monday trading to lead telecommunications stocks mostly higher.

Surprising profit figures, rosier-than-expected outlook boosty Motorola.

Editor's Note: The following was posted in real time on our premium Buzz & Banter (click for a free trial). It's being shared here for the benefit of the Minyanville community.Greetings from New York where the best trade I’ve made since moving here was jumping on the Yankee (WIN) bandwagon when A. Rod was going through his off-season of misery. You can’t just move someplace and become a fan of a team on top. I shopped around found the Mets a loathsome Robert Moses project. In contrast the Yankees are first class colorful (I spent 15 years in San ...

Shares of a small satellite-phone company, TerreStar, surge more than 20% after the company strikes a partnership with AT&T, but most industry stocks decline in the wake of several weak reports on the U.S. economy.

Nokia is among the top gainers as most telecommunications stocks edge higher, but several large bellwethers such as AT&T, Verizon Communications and Qualcomm decline.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by TheFortuneFinancial.com.

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NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Ridgewater Equity (RWE).