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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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November 24, 2014
06:15 EDTTEFBT Group in talks to buy Telefonica's O2, Reuters reports
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November 16, 2014
17:28 EDTCALLHedge fund manager Tilson sticks with magicJack bet, Bloomberg says
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November 14, 2014
11:58 EDTTEFVivendi reports Q3 EBITA EUR 310M vs. EUR 295M last year
Reports Q3 revenue EUR 2.41B vs. EUR 2.43B last year. Vivendi (VIVHY) said, having received the authorization granted by the French Competition Authority on October 27, the completion of the merger between SFR and Altice/Numericable Group should take place on November 27. In addition, following the agreement signed on September 18, the completion of the acquisition of GVT by Telefonica (TEF) is expected during the second quarter of 2015.

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