|
|
|
News For CLWR;S;DISH;STX;STZ;AZZ;SKUL;APOL;ONE;HA From The Last 14 Days Check below for free stories on CLWR;S;DISH;STX;STZ;AZZ;SKUL;APOL;ONE;HA the last two weeks. |
|
|
| May 21, 2013 | | 13:43 EDT |  | CLWR, S | Clearwire reschedules special shareholder meeting
 Subscribe for More Information | | | 13:36 EDT |  | S, CLWR | Clearwire holder Crest Financial protest company's delay of vote on merger
Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (CLWR), protested the decision of the Clearwire Board of Directors to adjourn the Clearwire special meeting to consider Sprint's (S) increased offer price of $3.40 per share. Crest said that it has sent a letter to the Clearwire Board of Directors urging them to resist Sprint's new offer so that Clearwire can pursue direct offers through a competitive process once the bidding war over Sprint is concluded. Crest's letter to the Clearwire Board said, "Sprint's new offer for Clearwire still significantly undervalues Clearwire and its assets and provides no protections to minority stockholders." | | | 12:11 EDT |  | CLWR | Follow-up: Clearwire upgraded to Market Perform from Sell at Janco
Subscribe for More Information | | | 12:08 EDT | | CLWR | Clearwire upgraded to Market Perform from Sell at Janco
| | | 10:24 EDT |  | CLWR | Sprint, Clearwire deal likely gets done, says Wells Fargo
Wells Fargo believes Sprint's (S) raised offer for Clearwire (CLWR) is likely enough to get the deal approved by shareholders. Wells has an Outperform rating on Sprint and Market Perform rating on Clearwire. | | | 09:48 EDT | | CLWR | Clearwire resumes trading, up 3.7% to $3.38
Subscribe for More Information | | | 09:32 EDT | | CLWR, S | Clearwire to resume trading at 9:45 am ET
Subscribe for More Information | | | 09:23 EDT | | CLWR, S | Clearwire receives increase offer from Sprint
Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint. | | | 09:22 EDT | | S, CLWR | Clearwire receives increase offer from Sprint
Subscribe for More Information | | | 09:03 EDT | | S, CLWR | Sprint increases offer for Clearwire to $3.40 per share from $2.97
Subscribe for More Information | | | | 09:01 EDT | | S, CLWR | Sprint increases offer for Clearwire to $3.40 per share
Subscribe for More Information | | | 08:57 EDT | | CLWR, S | Sprint to raise bid for Clearwire above $2.97 prior offer, DJ says
Subscribe for More Information | | | 08:55 EDT | | CLWR | Clearwire trading halted, pending news
Subscribe for More Information | | | 07:16 EDT |  | STZ | Constellation Brands volatility low after recent rally to record high
Constellation Brands (STZ) overall option implied volatility of 28 is below its 26-week average of 40 according to Track Data, suggesting decreasing price movement. | | | 06:03 EDT |  | S, CLWR | Clearwire to postpone today's vote on Sprint deal, NY Post reports
Clearwire (CLWR) will postpone today's shareholder vote on Sprint's (S) $2.97 per share takeover offer, New York Post reports. Reference Link | | | 05:40 EDT | | S, DISH | Softbank confirms waiver, expects Sprint deal to close in six weeks
Subscribe for More Information | | | 05:31 EDT | | S, DISH | DISH, Sprint to engage in talks
Subscribe for More Information | | | 05:23 EDT | | DISH, S | Sprint provides transaction update
Subscribe for More Information | | | May 20, 2013 | | 16:01 EDT | | DISH | DISH offered $2B to purchase spectrum from LightSquared, Bloomberg says
Subscribe for More Information | | | 15:42 EDT | | DISH | DISH offers $2B to LightSquared for spectrum, Bloomberg says
Subscribe for More Information | | | | 13:29 EDT | | S | Options with increasing implied volatility: UNXL NCT LYV CPRT S
| | | 10:55 EDT | | CLWR, S | Crest asks Clearwire holders to wait until control of Sprint resolved for action
Subscribe for More Information | | | 10:20 EDT | | S | Sprint acquires Handmark and subsidiary OneLouder Apps
Subscribe for More Information | | | May 17, 2013 | | 11:01 EDT | | S | U.S. Cellular declares $5.75 per share special dividend
Subscribe for More Information | | | 07:46 EDT | | S, CLWR | Clearwire investors to force Sprint to up bid, Reuters reports
Subscribe for More Information | | | May 16, 2013 | | 19:11 EDT | | S, DISH | Dish sends letter to FCC over SoftBank, Sprint deal, Reuters says
Subscribe for More Information | | | 16:29 EDT |  | STZ | On The Fly: Closing Wrap
Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47. | | | 10:03 EDT | | STZ | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 08:07 EDT | | STZ | Constellation Brands upgraded to Strong Buy from Buy at ISI Group
Subscribe for More Information | | | 07:28 EDT | | STZ | Constellation Brands upgraded to Buy from Hold at Stifel
Stifel upgraded Constellation Brands citing accelerating high end beer sales and positive distributor and supplier checks that indicate low-single digit price increases in spirits. Price target is $64. | | | | 07:26 EDT | | ONE | Barrington to host a conference
Subscribe for More Information | | | May 15, 2013 | | 17:36 EDT | | S | Paulson gives quarterly update on stakes
Subscribe for More Information | | | 17:26 EDT | | STZ | Third Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN). | | | 17:09 EDT | | STX | Greenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG). | | | May 14, 2013 | | 10:01 EDT | | ONE | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 09:44 EDT | | S | Sprint says will launch BlackBerry Q10 in U.S. in late Summer
Subscribe for More Information | | | 09:38 EDT | | STX | Active equity option families trading on open
Subscribe for More Information | | | 08:31 EDT | | S, DISH | DISH announces $2.5B debt offering, to be used to partially fund Sprint bid
Subscribe for More Information | | | 07:40 EDT | | DISH | Senate Commerce Committee to hold a hearing
The Subcommittee on Communications, Technology and the Internet holds a hearing on the state of video with President & CEO Smith of the National Association of Broadcasters, President & CEO Powell of the National Cable and Telecom Association and Stanton Dodge, Executive Vice President for DISH Network (DISH) on May 14 at 10:30 am. Webcast Link | | | 06:30 EDT | | ONE | Higher One upgraded to Buy from Neutral at SunTrust
Subscribe for More Information | | | | 05:44 EDT | | S, DISH | Banks work deals from both sides of the field, WSJ reports
Subscribe for More Information | | | May 13, 2013 | | 11:49 EDT | | APOL | Apollo Group accreditation news a minor positive, says William Blair
Subscribe for More Information | | | 09:50 EDT | | S, CLWR | Clearwire sends letter urging stockholders to vote 'for' proposed Sprint transaction
Subscribe for More Information | | | 08:24 EDT | | DISH, S | Softbank pressuring potential Dish investment banks, FT reports
Subscribe for More Information | | | May 11, 2013 | | 13:39 EDT | | DISH, S | Softbank says Dish-Sprint deal poor match, Bloomberg reports
The CEO of SoftBank (SFTBF) Masayoshi Son criticized the concept of Dish Network's (DISH) offer to buy Sprint Nextel (S), saying the satellite company would be a poor fit for a wireless carrier, while the synergies of a SoftBank-Sprint deal will result in significant cost savings. Reference Link | | | May 10, 2013 | | 17:16 EDT | | S, CLWR | Crest Financial takes first step to perfect appraisal rights of Clearwire shares
Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire (CLWR), has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire that it beneficially owns. The Delaware law permits Clearwire shareholders electing to exercise their appraisal rights to ask the Delaware Court of Chancery to determine the fair value of their Clearwire common stock if the Sprint (S)-Clearwire merger is consummated and certain other conditions are satisfied. The law states that a Clearwire stockholder that votes FOR the Sprint-Clearwire merger cannot elect to exercise its appraisal rights. Crest has long argued that the price Sprint Nextel is offering to pay Clearwire stockholders for their shares is highly inadequate, that the merger was structured in a way that unfairly disadvantages minority stockholders and that Clearwire would be better off if it remained a stand-alone company. Crest also commended Glass, Lewis & Co., a leading proxy advisory firm, for its recommendation urging that Clearwire stockholders vote against the proposed merger with Sprint. Crest said is strongly disagreed with the view of ISS that the Sprint-Clearwire merger should succeed. | | | 12:17 EDT | | CLWR, S | ISS recommends Clearwire holders vote 'FOR' proposed transaction with Sprint
Subscribe for More Information | | | 10:01 EDT | | APOL | House GOP proposes reform of student loan interest rates, The Hill says
Subscribe for More Information | | | 09:23 EDT | | CLWR, S | Sprint says ISS recommends Clearwire shareholders vote in favor of merger
Subscribe for More Information | | | 07:09 EDT | | S, DISH | Dish gets Jefferies Group financing in Sprint bid, Bloomberg reports
Subscribe for More Information | | | | 07:08 EDT | | S | ESPN considers subsidizing wireless data plans, WSJ reports
Subscribe for More Information | | | 06:47 EDT | | HA | Delta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link | | | 06:10 EDT | | DISH, S | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | May 9, 2013 | | 18:12 EDT | | S, CLWR | Softbank CEO says Sprint takeover to offer pricing advantage, WSJ reports
In an interview with The Wall Street Journal, Softbank (SFTBF) CEO Masayoshi Son said the proposed takeover of Sprint (S) will allow the combined company to bring a pricing advantage to the U.S. wireless market. The report also says Son has assured regulators networking equipment from Huawei Technologies would be removed from Clearwire's (CLWR) network as a condition for getting approval. Reference Link | | | 15:09 EDT | | S, CLWR | Softbank CEO says Sprint wouldn't allow Clearwire bankruptcy filing, DJ reports
Subscribe for More Information | | | 14:06 EDT | | S, CLWR | Crest Financial issues statement urging Clearwire holders vote against merger
Subscribe for More Information | | | 12:57 EDT | | DISH | Ergen says DISH could sell non-core assets if needs to decrease debt leverage
| | | 12:54 EDT | | S, DISH | DISH Chairman says sale of spectrum or whole company options if Sprint bid fails
Subscribe for More Information | | | 12:44 EDT | | S, DISH | DISH's Ergen: If Sprint bid unsuccesful, could sell spectrum or whole company
Comment made on Q1 earnings conference call. | | | 11:54 EDT | | APOL | Stocks with call strike movement; GNW APOL
Subscribe for More Information | | | | 10:55 EDT |  | STX | Seagate falls after Chanos comments at Sohn Conference
The shares are down nearly 5% at time of writing, heading for the $40 level. At the current price of $40.29, next support is at $39.63, and then at $38.05. Resistance is at $41.23. | | | 10:30 EDT | | DISH | Bill 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 | | | 09:19 EDT | | STX | On The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference. | | | 09:14 EDT | | STX | Seagate volatility low into Chanos cautious mention
Subscribe for More Information | | | 07:58 EDT | | DISH, S | Softbank 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 EDT |  | DISH | DISH reports Q1 revenue $3.56B, consensus $3.61B
Subscribe for More Information | | | May 8, 2013 | | 19:06 EDT | | STX | On The Fly: After Hours Movers
Subscribe for More Information | | | 16:57 EDT | | STX | Seagate, Western Digital slip after Jim Chanos presentation at Sohn Conference
Subscribe for More Information | | | 13:59 EDT | | APOL | For-profit education stocks rally after Grand Canyon results
Subscribe for More Information | | | 06:06 EDT | | S, DISH | Sprint holds off on giving DISH access to books, NY Post reports
Subscribe for More Information | | | | 05:44 EDT | | HA | U.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link | | | May 7, 2013 | | 16:47 EDT | | ONE | Higher One acquires Sallie Mae's Campus Solutions business
Higher One Holdings (ONE) and Sallie Mae (SLM) announced that Higher One has acquired Sallie Mae's Campus Solutions business. Sallie Mae's Campus Solutions provides business-to-business solutions, including e-commerce and billing payment solutions, refund disbursement services, and tuition payment plan administration, to college and university business offices across the country. Higher One is a leader in providing financial services and data analytics to college and university campuses across the U.S. Under the terms of the purchase agreement, Higher One acquired substantially all of the assets of the Campus Solutions business in an all-cash transaction valued at approximately $47.25M. | | | 16:45 EDT | | ONE | Higher One sees FY13 adjusted EPS 58c-64c, consensus 66c
Subscribe for More Information | | | 16:43 EDT | | ONE | Higher One reports Q1 adjusted EPS 25c, consensus 24c
Subscribe for More Information | | | 16:17 EDT | | STZ | Constellation Brands names Thomas Kane as Chief Human Resources Officer
Subscribe for More Information | | | 07:28 EDT | | S | HMG Strategy to host a summit
Subscribe for More Information | | | 07:18 EDT | | S, CLWR | FCC okays LightSquared spectrum test, WSJ reports
Subscribe for More Information | | | 07:10 EDT | | DISH, S | Softbank president to meet with Sprint's major shareholders, Reuters reports
Subscribe for More Information | | | 06:07 EDT | | DISH, S | On 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. | |
|
|
|
|
|
|
