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Stock Market & Financial Investment News

News Breaks
June 2, 2014
08:16 EDTADTN, JDSU, JNPR, T, FNSR, CIEN, ALUAT&T wireline spending cut brings risk to vendors, says Jefferies
Jefferies says its research indicates that spending on the wireline side of AT&T (T) took a "significant dip" beginning in April. As a result, the firm sees incremental near-term risk for equipment vendors most exposed to this side of AT&T, namely Ciena (CIEN), Juniper (JNPR), Adtran (ADTN), Finisar (FNSR), JDS Uniphase (JDSU) and to a lesser extent, Alcatel-Lucent (ALU). Jefferies says its contacts have picked up suggestions that AT&T's wireline spending would pick back up in July.
News For CIEN;JNPR;ADTN;FNSR;JDSU;ALU;T From The Last 14 Days
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July 16, 2014
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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11:20 EDTADTNADTRAN expects U.S. business to grow faster than international business
10:52 EDTADTNADTRAN aims to improve gross margins in the low 50s
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10:46 EDTADTNADTRAN sees Q3 revenue flat to slightly up on seqential basis
Q3 revenue consensus $186.89M. Sees Q3 GAAP gross margins 49-50%. Sees Q3 operating margins flat to slightly up on sequential basis.
10:41 EDTADTNADTRAN says revising FY14 guidance to reflect delay in Tier 1 project
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07:43 EDTTSenate Commerce, Science & Transportation Committee holds a hearing
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05:18 EDTADTNADTRAN reports Q2 EPS 30c, consensus 26c
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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
07:15 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 11, 2014
09:43 EDTFNSRFinisar initiated with a Market Perform at Barrington
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July 9, 2014
15:54 EDTTDISH expresses concerns over Comcast, AT&T deals to FCC
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09:23 EDTTAT&T exec sees connectivity, healthcare at forefront of wearables, Re/code says
Glenn Lurie, who heads AT&Tís (T) emerging-business efforts, said at the MobileBeat conference that he sees wearables devices needing their own Internet connectivity to take off and that he believes healthcare-focused devices, especially those serving the aging population, as a logical starting place for such devices, according to Re/code. Lurie also predicted that wearables will explode, ďjust like tablets," when a device maker cracks the code to making them easier to use. Reference Link
July 8, 2014
08:19 EDTALUAlcatel-Lucent awarded LTE small cells contract by Vodafone
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07:00 EDTTSprint tests discounted versions of Framily, individual plans, CNet reports
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06:59 EDTTMobile payments company Isis to change name
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