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Stock Market & Financial Investment News

News For AMT;CCI;SBAC;VZ;T;S;CLWR;TDS From The Last 14 Days
Check below for free stories on AMT;CCI;SBAC;VZ;T;S;CLWR;TDS the last two weeks.
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May 9, 2013
12:44 EDTSDISH's Ergen: If Sprint bid unsuccesful, could sell spectrum or whole company
Comment made on Q1 earnings conference call.
11:36 EDTTAT&T unit Aio Wireless launches no-annual-contract service
Aio Wireless, a subsidiary of AT&T, announced earlier the launch of a new nationwide wireless service without an annual contract. Aio expects the service to roll out in multiple markets across the U.S. over the next year, with an initial launch in select stores in Houston, Orlando and Tampa, and with additional stores in these three markets opening in the coming weeks. Aio’s unlimited talk, text, and data rate plans range from $35 to $70 per month, with pricing varying by market, and will offer 4G download speeds of up to 4Mbs per second. AT&T does not expect this announcement to change its January financial guidance, the company noted.
09:40 EDTTJefferies to host a conference
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07:58 EDTSSoftbank says it will save Sprint $3B by 2017, Bloomberg reports
SoftBank (SFTBF) defended its takeover bid for Sprint Nextel (S) against a counteroffer by Dish Network (DISH), telling investors that its deal will bring about $3B in annual operating savings by 2017, reports Bloomberg. The merged companies will also be able to cut Sprint’s capital spending by 32% to 36%, SoftBank said. President Masayoshi Son presented the numbers to Sprint investors in a meeting in New York, sources said. Reference Link
05:50 EDTTSamsung using its own parts to cut costs, WSJ reports
Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link
May 8, 2013
06:06 EDTSSprint holds off on giving DISH access to books, NY Post reports
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May 7, 2013
17:03 EDTTIBEW ratifies agreement covering AT&T wireline employees
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12:27 EDTTAT&T management to meet with Maxim
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07:28 EDTSHMG Strategy to host a summit
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07:18 EDTCLWR, SFCC okays LightSquared spectrum test, WSJ reports
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07:10 EDTSSoftbank president to meet with Sprint's major shareholders, Reuters reports
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06:07 EDTSOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports.
May 6, 2013
18:27 EDTCLWR, SCrest Financial urgers Clearwire holders to reject proposed merger with Sprint
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10:37 EDTSSprint, Time Inc form mobile content, advertising and retail alliance
Sprint (S) and Time Inc. (TWX) announced a mobile content, advertising and retail alliance. As part of the arrangement, Time Inc. will deliver its branded content within a customizable section of the SprintZone application on select Sprint devices. Customers can expect the latest entertainment, lifestyle, sports and business news. Time Inc. and Sprint will also collaborate on mobile advertising solutions leveraging Time Inc.’s mobile network of 20 million and Pinsight Media+, Sprint’s targeted advertising service. The collaboration includes access to each other’s premium mobile properties and audiences to extend the reach of client ad campaigns. Adding unique retail integration, Time Inc. will provide its content for Sprint’s retail stores.
09:17 EDTS, CLWRSprint says committee still evaluating DISH proposal
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08:21 EDTS, CLWRClearwire says deal with Sprint provides best strategic alternative for holders
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07:43 EDTSDish rebuts Softbank CEO 'inaccurate' claim of superior Sprint bid, FT reports
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07:17 EDTVZSummit Business Media holds a conference
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07:10 EDTVZSome Verizon shareholders ok to pay premium for wireless venture, Reuters says
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06:06 EDTVZOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, the Wall Street Journal reports...There was no big news at Berkshire Hathaway’s (BRK.A) annual meeting this past weekend, but there was one great lesson for investors: Perhaps the most important thing you can do when everything seems to be going right in your portfolio is to listen to somebody who insists you are wrong, the Wall Street Journal reports...REUTERS: Some Verizon Communications (VZ) shareholders say they could be happy for the company to pay up to $130B for Vodafone Group’s (VOD) stake in their U.S. wireless venture. Two large shareholders in Verizon say they could be comfortable with paying 20% to 30% more to secure Verizon Wireless, Reuters reports...A unit of Sinopec Group (SHI) and brokerage China Galaxy Securities are launching Hong Kong IPOs today seeking to raise up to $3.5B in total, injecting life into Asia's moribund IPO markets where deal values more than halved in Q1, Reuters reports...BLOOMBERG: Bond investors are gaining confidence that Fed Chairman Bernanke will unwind the central bank’s unprecedented $3.3T balance sheet without sparking a crash similar to 1994, Bloomberg reports...Apple (AAPL) is missing out on an opportunity to court up to 2.8B new smartphone customers, many of them in Asia, as wireless-service providers balk at conditions imposed by the iPhone maker and drag their heels in signing on as partners, Bloomberg reports.
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