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Stock Market & Financial Investment News

News Breaks
November 6, 2012
05:55 EDTORCL, ORCL, ORCL, TWC, TWC, TWC, CSCO, CSCO, CSCO, IBM, IBM, IBM, CMCSA, CMCSA, CMCSA, XOXO, XOXO, XOXO, VZ, VZ, VZ, TWTC, TWTC, TWTC, T, T, T, CIEN, CIEN, CIEN, TLAB, TLAB, TLAB, ALU, ALU, ALULight Reading is hosting a conference
Ethernet Expo America 2012 is being held in New York on November 6-8.
News For ALU;TLAB;CIEN;T;TWTC;VZ;XOXO;CMCSA;IBM;CSCO;TWC;ORCL From The Last 14 Days
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August 21, 2014
11:49 EDTVZ, TSprint announces $60 per month unlimited wireless plan
Sprint (S) announces an unlimited wireless plan for $60. The plan provides consumers unlimited talk, text and data while on Sprint's network for $60 per month, a $20 savings compared to T-Mobile's (TMUS) $80 per month unlimited plan, the wireless carrier said. The Sprint $60 Unlimited Plan is available to both new and existing Sprint customers starting tomorrow, August 22. To qualify for the plan, customers must purchase their device through Sprint Easy Pay, pay full retail price or bring their own compatible device.
11:44 EDTIBMHP hits 52-week high after solid revenue growth, positive analyst commentary
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09:37 EDTVZActive equity options trading on open
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09:36 EDTVZGogo strength attributed to takeover speculation in blog post
The early move higher in shares of Gogo (GOGO) is being attributed to a blog post from Runway Girl Network. The post stated, "Wall Street is now buzzing that Verizon might be studying a potential joint venture, acquisition or partnership with Row 44 competitor, Gogo." Shares of Gogo are up 3% to $17.36 in pre-market trading. Reference Link
09:03 EDTIBMIBM cloud technology selected by Wespac
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09:02 EDTIBMIBM's private cloud resilence services selected by Ujjivan Financial
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09:01 EDTIBMIBM partners with Veda
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05:58 EDTVZVerizon says not in talks to set up another app store, Re/code reports
In response to a report from The Information that said Verizon was looking to set up another app store, company spokeswoman Debra Lewis told Re/code that the company "has no plans to do that. Been there. Done that." Verizon closed its homegrown Verizon Apps store last year. Reference Link
August 20, 2014
13:46 EDTVZVerizon looking to build app store, The Information says
Verizon (VZ) is looking to partner with other companies to build an app store, according to The Information. Verizon's app store would compete with Google (GOOG) and Apple (AAPL), which already sell smartphone software, The Information noted. Reference Link
12:38 EDTALUAlcatel-Lucent announces early repayment of $1.75B credit facility
Alcatel-Lucent announced today that its affiliate Alcatel-Lucent USA has repaid early and in full the senior secured credit facility of an initial principal amount of 1.75B entered into on January 30, 2013. The senior secured credit facility was secured by various first-priority pledges on a material portion of the Alcatel-Lucent Group's assets. The pledges will be consequently cancelled and released.
06:26 EDTCSCOCisco COO says annual layoffs 'wrong way to do it,' Business Insider reports
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06:13 EDTTWCNetflix signs paid peering deal with Time Warner Cable, Gigaom reports
Netflix (NFLX) has signed a direct interconnection deal with Time Warner Cable (TWC) that would provide Netflix with direct access and faster streams, reports Gigaom. Time Warner Cable confirmed that the deal happened in June and the implementation has been rolling out this month. Reference Link
August 19, 2014
12:17 EDTTWTCtw telecom says 'applauds OMB approval of FCC's special access request'
tw telecom Senior Vice President of Public Policy Michael Rouleau issued the following statement following the Office of Management and Budget's approval of the Federal Communication Commission's special access data collection request. The request will help expedite the FCC's review of incumbent business broadband service providers' market power: "tw telecom applauds the OMB for its approval of the FCC's special access data collection request, helping pave the way for the Commission's review of business broadband service providers' market power, business practices, and pricing. The FCC's access to this pertinent market data will help open the window to increased competition in the industry. tw telecom thanks the OMB and the FCC for their continued efforts toward resolving this long-standing issue, and urges the Commission to issue the data request as soon as possible."
11:25 EDTVZHTC unveils the HTC One for Windows
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11:05 EDTIBM, CSCOImperva seen as takeover candidate under new CEO
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10:01 EDTTAT&T confirms plan to deliver U-verse with AT&T GigaPower in Jacksonville
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09:38 EDTVZActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TSLA CELG VLO VZ FB HD
08:42 EDTIBM, CSCOImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.
07:12 EDTVZ, TFCC looks into telecom special access line rates, Reuters says
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06:46 EDTTAT&T technology routes calls to multiple devices, Re/code says
AT&T has developed technology that sends calls from one device to many other devices, Re/code reported yesterday. Reference Link
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