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Stock Market & Financial Investment News

News Breaks
January 16, 2013
13:35 EDTCLWR, S, DISHMount Kellett sends third letter to board of Clearwire
Mount Kellett Capital sent a letter to the Clearwire (CLWR) Board of Directors outlining issues related to, among other things, Clearwire's relationship with Sprint (S). "We have of course been carefully monitoring recent developments concerning Clearwire and its proposed acquisition by Sprint, including the company's announcement on that it had received an unsolicited proposal from DISH (DISH) to acquire Clearwire at a premium to the consideration offered by Sprint, to acquire certain of Clearwire's excess spectrum and to provide financing to Clearwire. The DISH proposal is further evidence of what has been clear to us for many weeks: The Special Committee, in breach of its fiduciary duties to the minority stockholders of Clearwire, utterly capitulated to Sprint's demand to sell the company at a grossly inadequate price; The Special Committee and the Board of Directors generally, in breach of their fiduciary duties and despite public assurances to the contrary, failed to conduct a vigorous process for the monetization of the company's excess spectrum. In light of these circumstances, it is incumbent on the Special Committee to take its time to thoroughly and thoughtfully evaluate the DISH proposal, including how to address certain obstacles to consummating the proposal asserted by Sprint and to negotiate for all possible improvements to the proposal."
News For CLWR;S;DISH From The Last 14 Days
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July 31, 2014
12:29 EDTSOn The Fly: Midday Wrap
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12:03 EDTST-Mobile received takeover bid from Iliad less than week ago, WSJ says
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11:48 EDTSSprint falls 5% to $7.37 after report of Iliad bid for T-Mobile
T-Mobile shares are up 6.8% following the report from Dow Jone's on Iliad's bid.
06:15 EDTSSprint to try service that only connects to Facebook, Twitter, WSJ reports
Sprint (S) will soon let subscribers buy a wireless plan under its Virgin Mobile prepaid service that only connects to Facebook (FB), Instagram, Twitter (TWTR) or Pinterest for about $12 a month, the Wall Street Journal reports. An additional $5 will get subscribers unlimited streaming of a music app of their choice. Reference Link
July 30, 2014
11:43 EDTDISHDish Network August volatility elevated into Q2 and outlook
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09:16 EDTSSprint CEO says 'unlimited' plans central to company as differentiator
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09:04 EDTSOn The Fly: Pre-market Movers
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08:51 EDTSSprint to launch Virgin Mobile Custom at Wal-Mart on August 9
Sprint (S) subsidiary Virgin Mobile USA introduced Virgin Mobile Custom, a no-annual-contract offer with unique parental controls and the ability for customers to build personally tailored rate plans. Virgin Mobile Custom will be available exclusively to Walmart (WMT) customers at select stores beginning Saturday, Aug. 9. Under the offer, customers will purchase a designated Custom phone and activate that device on the Base plan, which comes with 20 texts and 20 voice minutes, or the Unlimited plan for $35 with unlimited talk and text, with the ability to activate up to five lines for as low as $6.98 per line per month.
08:48 EDTSSprint sees achieving post-paid subscriber growth in Q4
Sprint CEO says company is currently weighing changes to pricing plans. Sprint CEO Dan Hesse is speaking on the company's Q1 earnings conference call.
07:39 EDTSSprint still sees CY14 adjusted EBITDA $6.7B-$6.9B
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07:35 EDTSSprint says hit mid-year target for 4G LTE coverage
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07:33 EDTSSprint reports Q1 EPS 1c, consensus (11c)
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06:31 EDTST-Mobile, Sprint merger not anticipated prior to September, Reuters says
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July 29, 2014
15:53 EDTSNotable companies reporting before tomorrow's open
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12:23 EDTSWindstream REIT spin off plan provides jolt for stock, telecom sector
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July 28, 2014
13:11 EDTST-Mobile new offering substantive, says Wells Fargo
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July 24, 2014
07:46 EDTSWells Fargo to hold a symposium
2014 Small Cell Symposium to be held in New York on July 24.
July 23, 2014
13:01 EDTSSprint teams with Google to offer Google Apps for business
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July 21, 2014
07:45 EDTSSprint consensus estimates 'overly optimistic,' says Jefferies
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July 20, 2014
14:47 EDTSAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
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