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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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February 25, 2015
06:18 EDTTEFTelefonica says 'embarking on period of growth,' WSJ reports
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February 19, 2015
08:30 EDTTEFBrazil regulators reach prelim deal on Telefonica, Vivendi merger, Reuters says
Brazil's antitrust regulator has reached a preliminary merger deal with Telefonica (TEF) and Vivendi (VIVHY) that sees the companies agreeing to "adopt measures to effectively assure supply, quality and competitive prices for fixed-line telephone, broadband internet and pay-TV markets," reports Reuters, citing an official gazette. The antitrust board must now also accept the agreement before the merger can take place. Reference Link
February 18, 2015
08:21 EDTTEFBofa European telecom equipment analysts hold analyst/industry conference call
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