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Stock Market & Financial Investment News

News For CLWR;DISH;S;T;DTV From The Last 14 Days
Check below for free stories on CLWR;DISH;S;T;DTV the last two weeks.
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May 9, 2013
11:36 EDTTAT&T unit Aio Wireless launches no-annual-contract service
Aio Wireless, a subsidiary of AT&T, announced earlier the launch of a new nationwide wireless service without an annual contract. Aio expects the service to roll out in multiple markets across the U.S. over the next year, with an initial launch in select stores in Houston, Orlando and Tampa, and with additional stores in these three markets opening in the coming weeks. Aio’s unlimited talk, text, and data rate plans range from $35 to $70 per month, with pricing varying by market, and will offer 4G download speeds of up to 4Mbs per second. AT&T does not expect this announcement to change its January financial guidance, the company noted.
10:30 EDTDISHBill would pressure cable companies on a la carte channels, The Hill says
Republican Senator John McCain is writing a bill that would push cable TV and satellite companies to offer a la carte channel options to their customers, according to The Hill, which cited statements by the senator's office. McCain's bill would rpessure cable and satellite companies to enable consumers to choose which individual channels they want, the website explained. Reference Link
09:40 EDTTJefferies to host a conference
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07:58 EDTS, DISHSoftbank says it will save Sprint $3B by 2017, Bloomberg reports
SoftBank (SFTBF) defended its takeover bid for Sprint Nextel (S) against a counteroffer by Dish Network (DISH), telling investors that its deal will bring about $3B in annual operating savings by 2017, reports Bloomberg. The merged companies will also be able to cut Sprint’s capital spending by 32% to 36%, SoftBank said. President Masayoshi Son presented the numbers to Sprint investors in a meeting in New York, sources said. Reference Link
06:02 EDTDISHDISH reports Q1 revenue $3.56B, consensus $3.61B
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05:52 EDTDTVDirecTV price target raised to $70 from $60 at Jefferies
Jefferies raised its price target for DirecTV citing the company's solid Q1 results and maintains a Buy rating on the stock.
05:50 EDTTSamsung using its own parts to cut costs, WSJ reports
Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link
May 8, 2013
08:30 EDTDTVDirecTV price target raised to $70 from $65 at Stifel
Stifel increased its price target on DirecTV after the company reported higher than expected revenue and EBITDA margins. The firm thinks the company's results were solid, and it raised its FY13 ARPU estimate for the company. Stifel keeps a Buy rating on the stock.
06:10 EDTDTVDirecTV in no rush to renew contract with NFL, NY Post reports
DirecTV head Mike White called the company’s NFL Sunday Ticket package "pretty mature" and seems in no hurry to renew its contract with the NFL, New York Post reports. Reference Link
06:06 EDTS, DISHSprint holds off on giving DISH access to books, NY Post reports
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May 7, 2013
17:03 EDTTIBEW ratifies agreement covering AT&T wireline employees
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12:58 EDTDTVOn The Fly: Midday Wrap
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12:27 EDTTAT&T management to meet with Maxim
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07:33 EDTDTVDirecTV says continues to return cash to shareholders through repurchases
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07:32 EDTDTVDirecTV reports Q1 adjusted EPS $1.43, consensus $1.08
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07:28 EDTSHMG Strategy to host a summit
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07:18 EDTCLWR, SFCC okays LightSquared spectrum test, WSJ reports
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07:10 EDTDISH, SSoftbank president to meet with Sprint's major shareholders, Reuters reports
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06:07 EDTS, DISHOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports.
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