Comcast (NASDAQ:CMCSA) and Verizon (NYSE:VZ) are dying a slow death…

Motorola Inc. (NYSE: MOT) last Thursday charmed investors when it revealed its Cliq smartphone, which will compete head on with Apple Inc.’s (Nasdaq: AAPL) iPhone and Research in Motion Ltd.’s Blackberry.

It’s been a rough year for dividends, but if you know where to look, your income will be just fine.

First, a historical note…US equities have just come off their best July since 1989. Overall, the market is up over 8% for the year. But if we look backward (after all, hindsight is 20/20), March 1989 also saw a huge run up. It was followed by an even stronger rally in July, during which volume dried up. It appears the same is happening now. What came next in 1989 was a big sell-off in September, followed by an even greater one in October.

Goldman Goes to Defends Energy Trading; Consumer Confidence Falls on Job Worries; Home Price Erosion Continues to Slow; Congress Works to Ban Incentive Pay, Give Shareholders a Voice on Bonuses; IBM Expands Its Data-Crunching Business;

Verizon Lays Off 8,000 as Profit Sinks 21%; Bulls Run in Monday Markets; SEC Seeks to Limit “Naked Shorting;” New Single-Family Home Sales Rise in June; Oil Rises 1.4%; Deutsche Bank: Windows 7 Could Trigger New Enterprise Tech Investments; Video Game Industry Takes Hit From Recession

World Bank President to G8: Economy Still Dangerous; Service Sector Improves for Third Straight Month; Rio Sells Packaging Business to Bemis for $1.2 Billion; Crude Prices Drop Again; Report: Bank of America Writeoffs to Rise; Brazil’s Credit Rating Could Increase; DOJ Investigating Telecoms; Father of Web Browser Starts New Tech Venture Capital Firm

On October 29, 2008 a pipeline company, Western Gas (NYSE:WES), announced plans that made its shareholders very happy. I wasn’t a shareholder at the time but its announcement caught my attention and I began following the company.

The cell phone industry is making big moves today. Palm’s (NASDAQ:PPL) new phone release is taking its share price down. While speculation over Steve Jobs and the iPhone is creating its own problems for Apple (NASDAQ:AAPL).