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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:44 EDTTEF, CALLmagicJack price target lowered to $22 from $24 at Canaccord
Canaccord lowered its price target on magicJack (CALL) to $22 from $24 following its lower than expected Q1 results. The firm noted the company missed on activations estimates as well and said it will be difficult to forecast activations in Q2. Canaccord maintains its Buy rating on magicJack as the company reiterated its guidance and announced a new partnership with Telefonica (TEF) which could drive expansion outside of the US.
News For CALL;TEF From The Last 14 Days
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July 22, 2014
11:37 EDTCALLmagicJack founder Dan Borislow dies at 52, Bloomberg reports
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July 18, 2014
07:10 EDTTEFTelefonica smaller Telecom Italia share could cut Brazil worries, Reuters says
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July 16, 2014
12:50 EDTTEFTelefonica approves sale of bonds exchangeable into Telecom Italia shares
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July 14, 2014
14:58 EDTTEFKKR mulls sale of German telco Versatel, WSJ says
Private equity firm KKR (KKR) is thinking about selling its German telecommunications company Versatel GmbH, says the Wall Street Journal. If a sale process is initiated it may open the door to bids from UK's Vodafone (VOD) or potentially Telefónica (TEF), added the Wall Street Journal. Reference Link
July 11, 2014
11:02 EDTTEFTelefonica readying sale of Telecom Italia stake, Folha de Sao Paulo says
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July 10, 2014
06:23 EDTTEFEU court upholds Telefonica fine, WSJ reports
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