New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 14, 2014
09:07 EDTTWX, SIRI, TMUS, SBAC, VZ, T, S, DISCA, AMT, LMCA, CMCSA, FOXA, CBSMorgan Stanley to hold a conference
Telecom & Media Corporate Access Day to be held in New York on August 14.
News For AMT;CBS;CMCSA;DISCA;FOXA;LMCA;S;SBAC;SIRI;T;TMUS;TWX;VZ From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | all recent news | >>
April 15, 2015
10:00 EDTAMTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Tower (AMT) upgraded to Outperform from Neutral at Macquarie... Ameriprise (AMP) upgraded at Morgan Stanley... Builders FirstSource (BLDR) upgraded to Buy from Neutral at Sterne Agee... China Telecom (CHA) upgraded to Outperform from Market Perform at Bernstein... China Unicom (CHU) upgraded to Outperform from Underperform at Bernstein... Discover (DFS) upgraded to Overweight from Neutral at JPMorgan... EV Energy (EVEP) upgraded on asset sale at RBC Capital... GoPro (GPRO) upgraded to Overweight from Neutral at Piper Jaffray... Intel (INTC) upgraded on valuation at RBC Capital... Nike (NKE) upgraded to Overweight from Neutral at Piper Jaffray... Nokia (NOK) upgraded to Market Perform from Underperform at Bernstein... Rice Energy (RICE) upgraded to Buy from Neutral at Goldman... Staples (SPLS) upgraded to Buy from Hold at BB&T... Team (TISI) upgraded to Buy from Hold at BB&T... Ulta Salon (ULTA) upgraded to Overweight from Neutral at Piper Jaffray.
09:47 EDTCMCSAComcast price target raised to $84 from $70 at BofA/Merrill
Subscribe for More Information
07:21 EDTAMTAmerican Tower upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded American Tower (AMT) to Outperform and raised its price target to $107 from $102 citing compelling valuation. The firm said a slowdown in the pace of global M&A and the likely Verizon (VZ) win of the entire FirstNet public safety network project could alleviate concerns and reaccelerate U.S. organic growth.
06:46 EDTTAT&T files lawsuit to challenge net neutrality order, WSJ says
AT&T filed a lawsuit to overturn the FCC's net neutrality order to reclassify the internet as a telecommunications service, reports the Wall Street Journal. The move is surprising, as AT&T didn't join in prior suits, the Journal adds. Reference Link
April 14, 2015
12:40 EDTTPCTEL lowers FY15 revenue to $124M-$130M from $133M-$138M, two estimates $130M
Following its March 5 acquisition of Nexgen Wireless, PCTEL (PCTI) reported in a regulatory filing earlier that on April 7, Samsung Electronics America, a Samsung (SSNLF) subsidiary, provided Nexgen and PCTEL with a notice of Samsung’s election to terminate, effective April 30, the contractor services agreement between Samsung and Nexgen. Nexgen furnishes services to Samsung under the CSA including Meridian software-based services and contract personnel. The termination applies to the CSA only and will have no effect on other agreements between Samsung and Nexgen or PCTEL. The company continues to forecast 15%-18% revenue growth over FY14 and views the Nexgen acquisition as accretive to earnings in FY15. The company has revised its overall revenue forecast for FY15 in light of reduced business with Samsung, the reduction in capital spending by AT&T (T), and a decline in new network infrastructure investment in the oil and gas market. The company has revised revenue guidance from $133M-$138M to $124M-$130M. Finally, the company and Nexgen have signed a term sheet calling for a material reduction of the total consideration paid or payable by PCTEL for the Nexgen assets, and a material reduction of the equity compensation for which John Thakkar, the founder and president of Nexgen, will be eligible. These reductions seek to align the asset acquisition costs with the revised revenue and EBITDA estimates.
10:51 EDTS, TMUSGoogle to sell mobile phone plans directly to customers, The Information reports
Google (GOOG) is looking to sell mobile phone plans directly to customers while managing their calls and mobile data over a cellular network, reports The Information. According to people with knowledge of the plans, the new service is expected to run on Sprint (S) and T-Mobile (TMUS) networks. Google expected to reach deals to buy wholesale across to those carriers' networks. A launch this year seems likely. Reference Link
07:13 EDTLMCALiberty Media management to meet with UBS
Subscribe for More Information
06:30 EDTTWXTwitter threatens Periscope users who illegally streamed 'GoT,' Mashable says
Subscribe for More Information
05:51 EDTCMCSANBCUniversal teams with Germany, France broadcasters to create shows, WSJ says
Subscribe for More Information
April 13, 2015
20:16 EDTT, VZUSTelecom files net neutrality lawsuit against FCC
Subscribe for More Information
11:56 EDTTWXMedia companies look to back away from Nielsen guarantees for ads, Variety says
Subscribe for More Information
08:56 EDTCMCSACPUC Commissioner asking for Comcast deal to be rejected, CT Financial News says
California Public Utilities Commissioner Mike Florio filed an alternate proposed decision on the planned merger of Comcast (CMCSA) and Time Warner Cable (TWC) that, in effect, asks the other four commissioners to reject a preliminary approval of the merger issued by a CPUC administrative law that included 25 conditions that Comcast must agree to in order to secure the pact, said CT Financial News. Reference Link
07:22 EDTCBS, LMCA, CMCSA, FOXAWave of media M&A may be on the way, WSJ says
Subscribe for More Information
07:16 EDTVZTechWeek to hold a conference
TechWeek Detroit 2015 is being held in Detroit on 4/13-19.
07:12 EDTLMCALiberty Media management to meet with UBS
Meeting to be held in Paris on April 13 hosted by UBS.
06:24 EDTTWXTime Warner tries to win over TV providers in cord-cutter pitch, WSJ says
Subscribe for More Information
06:06 EDTSSprint introduces Sprint Direct 2 U service
Subscribe for More Information
April 12, 2015
19:21 EDTSSprint introduces free international roaming
In a press release Friday, Sprint introduced "International Value Roaming," giving customers the ability to travel to areas in Latin America, Europe and Japan and roam with up to 2G speeds to read emails and surf the web at no additional charge. Additionally, they can send unlimited text messages for no extra charge, and they can call for 20c per minute. Eligible countries for International Value Roaming are Argentina, Brazil, Chile, Costa Rica, El Salvador, Germany, Guatemala, Japan, Mexico, Nicaragua, Panama, Russia, South Korea, Spain and the United Kingdom. Customers looking for higher data speeds can choose from three "International Speed Data Roaming options" offering up to 3G network speeds for one-day, seven-day and 14-day passes, starting at $15.
15:58 EDTTWX, FOXA, CMCSAComcast's 'Furious 7' maintains lead at weekend box office with $60.6M
Rentrak announced the official domestic weekend box office estimates for the weekend of April 12, as compiled by the company's theatrical measurement services. Universal's (CMCSA) "Furious 7" topped the domestic weekend box office with $60M; 21st Century Fox's (FOX, FOXA) "Home" came in second place at the box office with $19M; 21st Century Fox's (FOX, FOXA) "The Longest Ride" came in third place with with $13.5M; Warner Bros.' (TWX) "Get Hard" came in fourth place with with $8.6M and Disney's (DIS) "Cinderella" came in fifth place with $7.2M.
14:34 EDTTWXSeason 5 ‘Game of Thrones’ episodes leaked ahead of premiere, Variety says
Nearly a full day before HBO’s (TWX) scheduled April 12 premiere of “Game of Thrones,” the first four episodes of HBO's popular fantasy series appeared up on piracy networks late Saturday, said Variety. “Sadly, it seems the leaked four episodes of the upcoming season of ‘Game of Thrones’ originated from within a group approved by HBO to receive them,” HBO said. “We’re actively assessing how this breach occurred.” Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 7 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use