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Stock Market & Financial Investment News

News Breaks
December 6, 2012
09:02 EDTT, AKAMAkamai and AT&T announce strategic alliance
Akamai Technologies (AKAM) and AT&T (T) announced a strategic alliance to deliver a global suite of content delivery network solutions to companies. Under the terms of the agreement, Akamai will deploy CDN servers at the edge of AT&T's IP network and in AT&T facilities throughout the United States. With the deployment of Akamai's CDN infrastructure within AT&T's network infrastructure, end customers are expected to benefit from more efficient content routing and better delivery of digital content, video and Web applications, resulting in a better end-user experience. AT&T will transfer its existing CDN operations, customers and service to the Akamai platform in 2013.
News For AKAM;T From The Last 14 Days
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November 11, 2014
07:24 EDTTAT&T move will discourage others seeking in-flight Wi-Fi, says William Blair
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07:15 EDTAKAMAkamai initiated with an Outperform at Macquarie
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05:59 EDTTAT&T implied volatility of 12 at lower end of index mean range
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November 10, 2014
14:09 EDTTBoehner strongly opposes net neutrality
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13:14 EDTTAT&T not entering Inflight Connectivity space, RGN reports
AT&T (T) decided not to enter the inflight connectivity after deeming the space too risky, RGN reports, citing sources. AT&T confirmed in a statement to the website, "After a thorough review of our investment portfolio, the company decided to no longer pursue entry into the Inflight Connectivity industry." AT&T's entrance into the space was seen as possibly competitive threat to Gogo (GOGO). Reference Link
12:45 EDTTFullscreen to acquire Rooster Teeth, terms not disclosed, Reuters reports
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12:43 EDTTAT&T issues statement on White House Title II announcement
AT&T issued the following statement in response to the White House's announcement regarding Title II. AT&T executive VP Jim Cicconi said, "Today’s announcement by the White House, if acted upon by the FCC, would be a mistake that will do tremendous harm to the Internet and to U.S. national interests. It is a complete reversal of a bipartisan policy that has been in place since the Clinton Administration—namely, to treat Internet access as an information service subject to light-touch regulation. This classification of Internet service has been upheld by the Supreme Court and has enjoyed strong Congressional support for nearly a generation. Now, with one statement, the White House is telling the FCC to ignore this precedent and to instead impose on the entire Internet—from end to end—onerous government regulation designed in the 1930s for a Bell phone monopoly that no longer exists, not for a 21st century technology. This will have a negative impact not only on investment and innovation, but also on our economy overall. For a generation, the Internet has been an American success story. Light-touch regulation has encouraged levels of investment unprecedented by any industry and spawned incredible innovation. Today’s action puts all of that at risk—and puts it at risk not to remedy any specific harm that has occurred. Instead, this action is designed to deal with a hypothetical problem posed by certain political groups whose objective all along has been to bring about government control of the Internet. The White House is proposing to put the Internet and our economy at risk as a result of such political pressures. We feel the actions called for by the White House are inconsistent with decades of legal precedent as well as Congressional intent. Moreover, if the government were going to make such a momentous decision as regulating the entire Internet like a public utility, that decision is more properly made by the Congress and not by unelected regulators without any public record to support the change in regulation. If the FCC puts such rules in place, we would expect to participate in a legal challenge to such action.”
10:30 EDTAKAMFireEye advances after JPMorgan adds to Focus List
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09:45 EDTTObama urges FCC to enact 'strongest possible rules' to protect net neutrality
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09:43 EDTTObama urges FCC to enact 'strongest possible rules' to protect net neutrality
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08:22 EDTTNetwork equipment makers slip after AT&T projects lower 2015 capital spending
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08:12 EDTTAT&T 2015 capex reduction negative for select stocks, says JPMorgan
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07:30 EDTAKAMFireEye added to Focus List, Akamai removed at JPMorgan
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November 8, 2014
20:17 EDTTAT&T could be the best bet of telecom stocks, Barron's says
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November 7, 2014
16:42 EDTTAT&T increases size of board, elects William Kennard as director
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16:40 EDTTAT&T reaffirms FY14 capex guidance in $21B range
AT&T continues to expect capital expenditures during FY14 to be in the $21B range. AT&T expects 2014 to be the peak investment year for Project VIP and anticipates that the Wireless and Wireline segments’ spend to be proportionally consistent to 2013.
16:06 EDTTAT&T sees FY15 capex budget in $18B range
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16:01 EDTTAT&T acquires Iusacell for $2.5B
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08:46 EDTTCord cutting accelerates as pay-TV loses 179K customers in Q3, WSJ reports
The pay-TV industry lost about 179K customers in Q3, which is steeper than the decline of 83K in the same quarter of last year, reported The Wall Street Journal, citing company reports and estimates from research firm MoffettNathanson. Companies that provide television service include AT&T (T), Verizon (VZ), DISH (DISH), Charter (CHTR), DirecTV (DTV), Cablevision (CVC), Comcast (CMCSA) and Time Warner Cable (TWC). Netflix (NFLX) and Amazon (AMZN) provide television and movie streaming services that compete with broadcast and cable television network offerings. Reference Link
07:42 EDTAKAMAkamai management to meet with UBS
Meeting to be held in London on November 7 hosted by UBS.
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