New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 18, 2014
04:55 EDTAMT, AMT, VZ, VZ, TMUS, TMUS, S, S, RAX, RAX, INXN, INXN, EQIX, EQIX, CONE, CONE, T, T, WIN, WINRaymond James to hold a summit
2014 Telecommunications Investment Summit to be held in Park City, Utah on August 18-19.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 >>
September 24, 2015
10:01 EDTTMUST-Mobile to provide greater Austin area with extended range LTE
T-Mobile confirmed its Extended Range LTE, or 700 MHz low band spectrum, which now carries T-Mobile's LTE signals both farther and deeper indoors, is now live throughout Austin. With a rapid deployment of a nationwide LTE footprint that reaches over 293M Americans, "Bat City" is now lit up with T-Mobile's best in-building coverage offering. T-Mobile has been rolling out truckloads of new spectrum that carries the LTE signal twice as far from towers, for a massive coverage expansion - plus it works four times better in buildings. In nine months, T-Mobile has aggressively rolled out airwaves known as 700 MHz in 170 major metro areas including cities such as Miami, Fresno and Houston, so you can use your compatible phone to get great 700 MHz coverage while visiting friends and family in those cities.
09:22 EDTVZ, T, S, TMUSSprint to offer iPhone 6s 16GB for $1 per month
Subscribe for More Information
06:30 EDTS, TMUSAltice to aggressively expand presence with Cablevision buy, Variety says
Altice's (ATCEY) proposal to acquire Cablevision (CVC) is a signal that Altice founder Patrick Drahi intends to extend his vision across the Atlantic, Variety says. Altice may just be getting started when it comes to shopping for U.S. media assets, and has already snatched some $40B worth of cable, wireless and telecom assets over the past two years, the report says. There's talk of Altice also going after a wireless firm such as Sprint (S) or T-Mobile (TMUS) to further its strategy for growth, the report says. Reference Link
06:23 EDTCONECyrusOne management to meet with Stephens
Subscribe for More Information
September 23, 2015
17:41 EDTTAT&T, CSC announce hybrid cloud management platform
Subscribe for More Information
17:37 EDTVZSynchronoss confirms multi-year contract with Verizon
Subscribe for More Information
16:34 EDTVZOn The Fly: Top stock stories for Wednesday
Stocks began the day in quiet fashion and remained that way during the first hour of trading. Following the release of the weekly energy inventory report, the averages moved lower and looked to be possibly setting up for another selloff. Positive comments on China's economy by its President, who is visiting the U.S., brought out buyers, who pared the market's losses. The averages finished slightly in the red in a day marked by low volume as a number of market participants may have been absent in observance of the Jewish holiday of Yom Kippur. ECONOMIC EVENTS: In the U.S., Markit's flash manufacturing purchasing manager's index was flat at 53.0 in September, which was slightly better than the expectation for it to dip to 52.8. EIA inventory data showed a 1.93M barrel fall in crude oil inventories, versus expectations for a weekly drawdown of 1.25M barrels. In China, Markit's flash manufacturing PMI fell to 47.0 in September from 47.3 last month. In Europe, Markit's composite PMI for the eurozone came in at 53.9 in the first look for September, down from 54.3 in August and below expectations for a reading of 54.1. COMPANY NEWS: Shares of Volkswagen (VLKAY) trading in New York rebounded 6.5% to $27.10 following the resignation of Chief Executive Officer Martin Winterkorn, with the company's supervisory board subsequently praising the decision and saying it will consider his replacement at a meeting Friday. Prior to the CEO change news, the stock was downgraded at research firms JPMorgan, Deutsche Bank and Natixis to hold or equivalent ratings this morning. Accounting for today's advance, U.S.-listed shares of Volkwagen are still down nearly 29% since last Friday, when the EPA publicly accused the automaker of equipping certain diesel cars sold in the U.S. with software that circumvented emissions standards... Against the backdrop of China's President Xi Jinping visiting the U.S., Boeing (BA) announced deals to sell 300 planes to three Chinese companies and set up an aircraft factory in China. The deals are possibly worth tens of billions of dollars in total and represent the largest total order the planemaker has received from Chinese companies, according to Reuters. The Wall Street Journal reported, citing people familiar with the matter, that Cisco (CSCO) plans to announce a partnership with Chinese server maker Inspur Group during President Xi Jinping's visit. MAJOR MOVERS: Among the notable gainers was First Niagara (FNFG), which advanced $1.30, or 14.5%, to $10.26 following a Bloomberg report that the company is exploring a sale. DealReporter noted that potential suitors include Toronto-Dominion Bank (TD), Huntington Bancshares (HBAN) and New York Community Bancorp (NYCB). BioMed Realty (BMR) gained $2.36, or 12.3%, to $21.54 after Bloomberg reported that the company is in talks to sell itself and has attracted attention from firms including Blackstone (BX). Heron Therapeutics (HRTX) rose $7.25, or 21.6%, to $40.81 after announcing that its Phase 2 study of HTX-011 for post-operative pain met its primary endpoint. Shares of a competitor Pacira (PCRX) declined 7.65% after the news, with several analysts remarking that Heron's data compares favorably versus Pacira's Exparel drug. Summit Midstream Partners (SMLP) declined $3.90, or 18.2%, to $17.52 following a Bloomberg report that Energy Capital Partners is seeking to sell its stake in the company. Synchronoss (SNCR) fell 10.75% to $33.37 after research firm Baird said it has become "increasingly concerned" that Verizon (VZ) is "no longer fully committed" to the white-label cloud product it offers in conjunction with the cloud services provider. INDEXES: The Dow fell 50.58, or 0.31%, to 16,279.89, the Nasdaq lost 3.98, or 0.08%, to 4,752.74, and the S&P 500 declined 3.98, or 0.2%, to 1,938.76.
12:27 EDTVZOn The Fly: Top stock stories at midday
Subscribe for More Information
12:02 EDTVZIntel joins Verizon 5G Technology Forum
Subscribe for More Information
11:48 EDTVZ, TSynchronoss drops after concerns raised about Verizon cloud business
After Verizon (VZ) recently reduced the amount of free cloud storage it provides to customers as part of its cost cutting efforts, analysts at Baird told investors they were "increasingly concerned" that the telecom giant is "no longer fully committed" to the white-label cloud product it offers via its agreement with cloud services provider Synchronoss Technologies (SNCR). Analysts at two other firms have issued defenses of Synchronoss in the wake of its sharp decline today. BEARISH VIEW: After Version cut its free cloud storage to 5GB from 25GB, Baird said it believed the Telco is less committed to Synchronoss' cloud offering, which the firm contended will "likely have revenue implications for 2016." The firm, which said it has had a negative bias on Synchronoss due to long-term cloud competitive concerns and the lack of growth outside of AT&T (T) and Verizon, has a Neutral rating on the cloud services provider's shares. DEFENSES: JPMorgan analyst Sterling Auty attributes today's pullback in shares of Synchronoss to the concerns raised about the potential loss of Verizon as a cloud customer. Auty, however, sees "no chance" of Synchronoss losing Verizon as a customer in the near-term since the wireless carrier recently renewed its contract with the company for multiple years. He views today's selloff as a "significant overreaction" and recommends buying Synchronoss at current levels. Also noting concerns raised about Synchronoss' potential loss of some cloud business, Wells Fargo said even if Synchronoss' cloud business exhibited zero growth in 2016 from 2015, shares would be compelling at current levels. The firm views the selloff as overdone and reiterates its Overweight rating on Synchronoss shares. PRICE ACTION: Synchronoss shares, which dipped as low as $27.86 this morning, are off their worst levels but remain down $4.65 to $32.74 in late morning trading.
10:52 EDTVZSynchronoss Technologies volatility spikes on sharp pull back
Subscribe for More Information
10:51 EDTVZJPMorgan says 'no chance' Synchronoss loses Verizon in near-term
JPMorgan analyst Sterling Auty attributes today's pullback in shares of Synchronoss Technologies (SNCR) to a research note from Baird talking about the potential loss of Verizon (VZ) as a cloud customer. The comments come after the wireless carrier changed the pricing in the Verizon cloud offering. Auty sees "no chance" of Synchronoss losing Verizon as a customer in the near-term since the wireless carrier recently renewed its contract with the company for multiple years. He views today's selloff as a "significant overreaction" and recommends buying Synchronoss at current levels. Shares are off their lows but remain down $5.91 to $31.48 in morning trading.
09:24 EDTTMUST-Mobile announces $5 per month offer on iPhone 6s
On the cusp of iPhone 6s and iPhone 6s Plus availability, T-Mobile unveiled a $5 a month for iPhone 6s 16GB and $9 a month for iPhone 6s Plus 16GB with JUMP! On Demand and trade-in of an iPhone 6 or iPhone 6 Plus. T-Mobile's new pricing builds on the Un-carrier's straightforward $20 a month for a new iPhone 6s 16GB with JUMP! On Demand without a trade-in.
September 22, 2015
14:34 EDTVZVerizon spins out CrunchBase, says AOL to retain significant ownership interest
Subscribe for More Information
11:18 EDTINXNInterxion management to meet with Canaccord
Subscribe for More Information
10:00 EDTTAT&T commits to bringing broadband to over 37,00 homes, businesses in OH
AT&T has committed to extend broadband to more than 37,000 rural homes and businesses in Ohio over the next six years.
09:52 EDTVZ, TMUSCNBC's Faber dampens DISH takeover speculation
Potential deal talks between DISH (DISH) and T-Mobile (TMUS) were going nowhere in the past and are still not going anywhere, CNBC's David Faber reports. Speculation continues to surround DISH after it asked the FCC for more time to pay for its newly purchased spectrum, citing "new and complex business issues," Faber added. Verizon (VZ) CEO Lowell McAdam told the reporter last week in an interview that his company has no plans to buy a satellite company and is not in talks with DISH. Shares of DISH are down 57c to $61.85 in early trading.
09:45 EDTTMUSDISH, T-Mobile talks still not going anywhere, CNBC's Faber reports
07:27 EDTVZVerizon valuation 'still compelling,' says Wells Fargo
Subscribe for More Information
September 21, 2015
06:34 EDTT, S, TMUS, VZSamsung may be planning leasing program for Galaxy phones, Forbes reports
Samsung (SSNLF) is rumored to be planning to launch a leasing program for its Galaxy phones in the U.S., similar to the program Apple (AAPL) recently announced, Forbes reports, citing an industry executive with knowledge of Samsung's plans. According to the source, Samsung could launch the leasing program in the next few months. Apple's iPhone Upgrade Program encourages consumers to buy iPhones directly from the Apple Store instead of going through carriers, the publication notes. Publicly traded wireless carriers include AT&T (T), Verizon (VZ), Sprint (S) and T-Mobile US (TMUS). Reference Link
1 | 2 | 3 | 4 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use