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Stock Market & Financial Investment News

News Breaks
May 20, 2014
07:34 EDTAMX, TAmerica Movil incapable of purchasing portion of AT&T stake, Bloomberg says
Even though America Movil's (AMX) repurchase program allows it to acquire shares that AT&T (T) once owned when they were in the open market, Carlos Slim's company doesn't have plans to purchase any significant part of AT&T's stake, according to Bloomberg, citing a person with direct knowledge of the matter. Reference Link
News For AMX;T From The Last 14 Days
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July 22, 2014
07:28 EDTTAT&T volatility elevated into Q2 and outlook
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July 21, 2014
10:02 EDTAMXOn The Fly: Analyst Downgrade Summary
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08:08 EDTTAT&T awarded $275M contract U.S. Department of State
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05:49 EDTAMXAmerica Movil downgraded to Underweight from Equal Weight at Morgan Stanley
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July 20, 2014
14:47 EDTAMXAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
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July 18, 2014
05:08 EDTAMXAmerica Movil upgraded to Equal Weight from Underweight at Barclays
Barclays upgraded America Movil to Equal Weight citing improved visibility on carrier plans to address regulations. The firm raised its price target for shares to $24 from $20.50.
July 17, 2014
09:06 EDTTAT&T and town of Carrboro sign agreement for 1 Gigabit network
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July 16, 2014
14:03 EDTTNetflix submits FCC comments on proposed Net Neutrality rules
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13:05 EDTTVerizon, Comcast, AT&T viwed as 'logical' Time Warner bidders, Bloomberg says
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12:42 EDTTTime Warner said to see Verizon,Comcast, AT&T as logical bidders, Bloomberg says
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07:43 EDTTSenate Commerce, Science & Transportation Committee holds a hearing
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07:18 EDTAMXVodafone head says unlikely interested in America Movil assets, Reuters says
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July 15, 2014
08:03 EDTTPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
07:21 EDTAMXAmerica Mobile aims to own over half of Telekom Austria, Reuters says
America Movil (AMX, AMOV) said it aims to own just over half of Telekom Austria (TKAGY) in a $1B buyout bid, giving chairman Carlos Slim a foundation to boost his presence in European telecoms, according to Reuters, citing comments from Slim. America Movil already owns close to 27% of Telekom Austria and is looking to gain an additional 23.47% of the firm's shares. Reference Link
07:15 EDTTIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
July 14, 2014
11:17 EDTTDemand Media announces divestiture of Creativebug and CoveritLive
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10:34 EDTTAT&T joint venture acquires Creativebug from Demand Media for $10M
Otter Media, a joint venture between AT&T (T) and The Chernin Group, has acquired Creativebug from Demand Media (DMD), the companies announced earlier. Creativebug offers do-it-yourself video workshops featuring instruction from artists and designers. Demand Media confirmed in a regulatory filing earlier that it completed the sale of substantially all of the assets relating to its Creativebug business for $10.0M in cash. AT&T and The Chernin Group announced the formation of the joint venture to acquire, invest in and launch over-the-top video services previously on April 22.
09:31 EDTTAT&T, EPIX reach carriage agreement
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08:32 EDTTSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobiliís customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.
July 10, 2014
06:18 EDTAMXAmerica Movil seeks single buyer for up to 17% of assets up for sale, FT says
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