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Stock Market & Financial Investment News

News Breaks
March 25, 2014
06:04 EDTTEF, AKAMAkamai, Telefonica enter into global content delivery alliance
Akamai Technologies, Inc. (AKAM) and Telefonica Global Solutions, the global service provider part of Telefonica (TEF), announced a strategic global alliance to deliver Akamai's suite of content delivery network, or CDN, solutions to Telefonica enterprise customers. To further enhance its CDN business, Telefonica Global Solutions is combining Akamai's content delivery platform with its own global IP network to deliver a suite of global CDN and telecom solutions to enterprises. The strategic alliance will initially focus efforts in Spain and Latin America with plans to expand globally. In addition, the companies have formed an innovation steering committee to identify areas of product development and future opportunities, particularly in the fields of media optimization and mobile technologies. As part of the multi-year agreement, Akamai and Telefonica plan to dedicate shared resources across technical support, customer care, marketing and professional services with a goal of providing the best end-user experience.
News For AKAM;TEF From The Last 14 Days
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December 19, 2014
10:17 EDTTEFOn The Fly: Analyst Initiation Summary
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06:45 EDTTEFTelefonica reinstated with a Sell at Deutsche Bank
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December 18, 2014
06:10 EDTTEFBT Group prepping 'giant' financing package to fund EE takeover, Telegraph says
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December 15, 2014
11:21 EDTTEFBT could announce exclusive talks to buy EE today, FT reports
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08:16 EDTAKAMAkamai should be bought on any weakness, says RW Baird
Baird said investors should be opportunistic buyers on any weakness in Akamai, as the firm's conviction in the strength and drivers of the company's underlying trends were solidified following meetings with management. Baird reiterated its Outperform rating and $71 price target on Akamai shares.
06:13 EDTTEFBT could decide this week between O2 and EE, Daily Mail reports
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December 10, 2014
15:19 EDTTEFTelefonica, Oi, Claro to offer $15B for Tim Participacoes, Bloomberg says
Telefonica (TEF), Oi SA (OIBR), and America Movil (AMX, AMOV) owned Claro plan to team up on a takeover bid for Tim Participacoes (TSU) that would value it at about $15B, said Bloomberg, citing people with knowledge of the matter. Telecom Italia (TI), which owns 67% of Brazilís Tim Participacoes, believes Tim should be valued at about $25B or more, including debt, according to a person familiar with the matter, the report noted. Shares of Tim trading in New York are up about 6.6% to $23.69 in afternoon trading after rising as high as $26.54 immediately following the headlines from Bloomberg's report. Reference Link
13:46 EDTTEFTim Participacoes jumps 10.7% to $24.59 after report of Telefonica-Oi offer
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13:45 EDTTEFTelefonica, Oi, Claro to offer $15B for Tim Participacoes, Bloomberg reports
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06:46 EDTTEFBT Group bid for O2 expected this week, Daily Mail says
BT Group's (BT) offer to acquire Q2 from Telefonica (TEF) could come as early as this week and sources stated that an offer is "imminent," reports Daily Mail, citing sources familiar with the talks. Reference Link
December 9, 2014
09:21 EDTTEFBT leaning toward O2 acquision over EE purchase, Bloomberg says
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December 8, 2014
12:38 EDTAKAMAkamai management to meet with Pacific Crest
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07:28 EDTAKAMFBN Securities to hold a bus tour
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