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Stock Market & Financial Investment News

News Breaks
May 20, 2014
07:34 EDTT, AMXAmerica 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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December 22, 2014
06:45 EDTTMexican regulator imposes conditions on AT&T acquisition, Reuters says
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December 19, 2014
13:27 EDTTAT&T increases dividend 2.2% to 47c from 46c
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December 12, 2014
16:33 EDTTStocks finish week lower amid steep decline in oil prices
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December 10, 2014
15:19 EDTAMXTelefonica, Oi, Claro to offer $15B for Tim Participacoes, Bloomberg says
Telefonica (TEF), Oi SA (OIBR), and America Movil (AMX, AMOV) owned Claro plan to team up on a takeover bid for Tim Participacoes (TSU) that would value it at about $15B, said Bloomberg, citing people with knowledge of the matter. Telecom Italia (TI), which owns 67% of Brazilís Tim Participacoes, believes Tim should be valued at about $25B or more, including debt, according to a person familiar with the matter, the report noted. Shares of Tim trading in New York are up about 6.6% to $23.69 in afternoon trading after rising as high as $26.54 immediately following the headlines from Bloomberg's report. Reference Link
10:24 EDTTSprint retreats after Oppenheimer cuts rating to Underperform amid price war
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09:12 EDTTRadioShack threatens bankruptcy if cell phone deals not reworked, NY Post says
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08:16 EDTTBarclays to hold a conference
Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 10 at 10:40 am; not all company presentations may be webcasted.Webcast Link
07:30 EDTTAT&T price target lowered to $36-$38 from $42-$44 at Wells Fargo
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06:32 EDTTAT&T shares have near-term downside risk to $30, says Citigroup
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05:51 EDTTStocks with implied volatility movement; CBST T
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05:15 EDTTAT&T rebrands Alltel in Georgia
AT&T has upgraded the former Alltel retail locations in Georgia and opened them under the AT&T brand. AT&T has also upgraded the former Alltel network in Georgia to combine the strength of Alltel's local coverage with AT&T's 4G LTE network. In early 2015, more than 100,000 former Alltel wireless customers in Georgia will begin using new devices that work on AT&T's network.
December 9, 2014
10:28 EDTTVerizon drops after warning about promotional impact on profits
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07:32 EDTTUBS to hold a conference
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December 8, 2014
18:24 EDTTOn The Fly: After Hours Movers
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