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Stock Market & Financial Investment News

News Breaks
July 8, 2014
08:19 EDTVOD, ALUAlcatel-Lucent awarded LTE small cells contract by Vodafone
Alcatel-Lucent (ALU) announced that it has been selected by Vodafone (VOD) as a Supplier of Reference for LTE metro cells with integrated Wi-Fi capability. The award is part of Vodafone’s investment program, Project Spring.
News For ALU;VOD From The Last 14 Days
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February 12, 2016
07:15 EDTALUNokia announces settlement of reopened public exchange offer for Alcatel-Lucent
Nokia (NOK) announces that its reopened public exchange offer for Alcatel-Lucent (ALU) securities in France and in the United States has been settled and that its new shares have been entered into the Finnish Trade Register. It is expected that the newly issued Nokia shares will be delivered by Euronext Paris to the relevant financial intermediaries of the tendering holders of Alcatel-Lucent securities on February 15, while the new Nokia ADSs will today be registered in the name of the former registered Alcatel-Lucent ADS holders. The trading in the shares is expected to commence on Nasdaq Helsinki and Euronext Paris as of February 15, and the trading in the new Nokia ADSs representing the shares will commence on the New York Stock Exchange as of February 15.
February 11, 2016
05:33 EDTALUNokia sees about EUR 900M of net operating cost synergies achived in FY18
Compared to the combined non-IFRS operating costs of Nokia (NOK) and Alcatel-Lucent (ALU) for FY15. Expected to be derived from a wide range of initiatives related to operating expenses and cost of sales, including: Streamlining of overlapping products and services, particularly within the Mobile Networks business group; Rationalization of regional and sales organizations; Rationalization of overhead, particularly within manufacturing, supply-chain, real estate and information technology; Reduction of central function and public company costs; and Procurement efficiencies, given the combined company's expanded purchasing power.
05:32 EDTALUNokia not providing annual guidance at this time due to Alcatel-Lucent deal
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February 10, 2016
05:43 EDTALUNokia says holds 91% of Alcatel-Lucent after second round of offer
The French stock market authority, Autorite des Marches Financiers, published the results of the reopened offer period of Nokia's (NOK) public exchange offer for Alcatel-Lucent (ALU) securities in France and in the United States. 426 695 572 Alcatel-Lucent ordinary shares, 52 286 499 American depositary shares, 4 795 096 OCEANE 2018 convertible bonds, 19 971 720 OCEANE 2019 convertible bonds, and 56 644 832 OCEANE 2020 convertible bonds have been tendered into the Reopened Offer in France and/or in the U.S. As a consequence, following settlement of the Reopened Offer which is expected to occur on February 12, 2016, Nokia will hold 91.25% of the share capital and at least 91.17% of the voting rights of Alcatel Lucent, 99.62% of the outstanding OCEANE 2018 convertible bonds, 37.18% of the outstanding OCEANE 2019 convertible bonds, and 68.17% of the outstanding OCEANE 2020 convertible bonds. This equates to Nokia holding 88.07% of the share capital on a fully diluted basis. Nokia will convert all of the OCEANE convertible bonds it will hold following settlement of the Reopened Offer on February 12, 2016. Consequently, less than 15% of the 2018 OCEANE convertible bonds will be outstanding and Nokia will cause Alcatel-Lucent to redeem at par value, plus accrued interest from the date the interest was last paid, to the date set for the early redemption all of the outstanding 2018 OCEANE convertible bonds, pursuant to the terms and conditions of such OCEANE convertible bonds. After the conversion of the OCEANE convertible bonds tendered into the Reopened Offer at the applicable improved conversion ratios, Nokia will hold 92.34% of the share capital and at least 92.26% of the voting rights of Alcatel-Lucent. As previously announced, the Alcatel-Lucent ADS program will be terminated following the settlement of the Reopened Offer, on February 24, 2016, and Nokia intends to cause Alcatel-Lucent to delist Alcatel-Lucent's ADSs from the NYSE and, subject to applicable law, deregister Alcatel-Lucent's ADSs under U.S. securities laws.
February 4, 2016
06:28 EDTVODVodafone confirms FY16 guidance
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06:26 EDTVODVodafone reports Q3 group revenue GBP 10.28B
Reports Q3 group service revenue GBP 9.17B, down 6.3% on a reported basis and up 2.6% on an organic basis. Reports Q3 group organic service revenue up 1.4% vs. 1.2% in Q2.
February 2, 2016
11:50 EDTALUOptions with increasing put volume; BKLN AKS ROK MCHP EXXI TPX ALU TXT RCL
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08:37 EDTVODVodaone confirms talks with Liberty Global for creation of Netherlands JV
Following recent media speculation, Vodafone (VOD) confirms it is in discussions with Liberty Global (LBTYA) regarding the creation of a joint venture in the Netherlands that would incorporate both companies' local operating businesses. The discussions are ongoing and do not extend beyond the creation of a joint venture in the Netherlands. There is no certainty as to when or whether any transaction will be agreed.
08:23 EDTVODVodafone in talks with Liberty Global for JV in Netherlands, Bloomberg says
07:29 EDTVODVodafone, Liberty Global resume talks on possible asset swaps, Bloomberg reports
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