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Stock Market & Financial Investment News

News Breaks
July 24, 2014
07:46 EDTTWER, S, VZ, COMMWells Fargo to hold a symposium
2014 Small Cell Symposium to be held in New York on July 24.
News For COMM;S;TWER;VZ From The Last 14 Days
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February 20, 2015
14:11 EDTCOMMCommScope downgraded to Market Perform from Outperform at Raymond James
13:56 EDTVZAT&T VP critical of Dish auction tactics
AT&T (T) VP of Federal Regulatory Joan Marsh stated in a post to a corporate blog that FCC Auction 97 represents "hard evidence that there is significant continuing interest in licensed spectrum... It didn't matter that it was mid-band spectrum. It mattered only that it was broadband spectrum." Marsh notes that Dish (DISH) won more licenses than any other bidder though "none of that spectrum is currently supporting commercial wireless services," with her suggestion being that "auctions should be designed to ensure that licenses go to those willing to deploy networks Ė not speculators or stockpilers...The government should continue to place a high priority on allocating new licensed bands to the wireless industry." Marsh continues her analysis of Dish, claiming the double and triple-bidding activity carried out by its two designated entities "circumvented auction activity rules, masked actual demand and distorted the auction," as they were able to win significant allocations while enjoying a 25% small business discount. In response to Dish claims that all companies use DEs, Marsh replies that "in more recent auctions... bidders like AT&T, Verizon (VZ) and T-Mobile (TMUS) had no DE relationships, participated directly and paid full price for their licenses." Reference Link
06:11 EDTCOMMCommScope sees FY15 adjusted EPS $1.95-$2.05, consensus $2.03
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06:10 EDTCOMMCommScope sees Q1 adjusted EPS 33c-38c, consensus 38c
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06:10 EDTCOMMCommScope expects TE Connectivity transaction to close by end of 2015
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06:10 EDTCOMMCommScope reports Q4 Wireless sales down 9% to $485M
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06:08 EDTCOMMCommScope reports Q4 adjusted EPS 38c, consensus 36c
Reports Q4 revenue $827.90M, consensus $828.98M.
February 19, 2015
15:32 EDTCOMMNotable companies reporting before tomorrow's open
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10:57 EDTSSprint commences $1B senior notes offering
Sprint announced that it has commenced an underwritten public offering of $1B aggregate principal amount of notes. Sprint intends to use the net proceeds for "general corporate purposes, which may include, among other things, working capital requirements, retirement or service requirements of outstanding debt and network expansion and modernization." The joint book-running managers for the offering are Citigroup, Goldman Sachs, .J.P. Morgan Securities, Merrill Lynch, Barclays, Credit Agricole, Credit Suisse, Deutsche Bank, Mitsubishi UFJ, Mizuho, RBC Capital, Scotia Capital and SMBC Nikko Securities.
10:52 EDTSSprint files automatic mixed securities shelf
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06:24 EDTVZVerizon names John Stratton as head of wireless and wireline operations
Verizon said in a filing that on February 17, the company reorganized its operating structure. John G. Stratton, formerly Verizonís EVP and President Ė Global Enterprise and Consumer Wireline, has been appointed to a new role as EVP and President of Operations, with operational responsibility for Verizonís wireless and wireline businesses. Stratton will continue to report to Lowell C. McAdam, Chairman and CEO of Verizon. Daniel S. Mead, formerly Verizonís EVP and President and CEOĖ Verizon Wireless, has been appointed to a new role as EVP and President of Strategic Initiatives, with responsibility for directing the transfer of Verizonís wireline operations in California, Florida and Texas to Frontier Communications Corporation. Mead will continue to report to McAdam. Mead expects to retire following the completion of the strategic initiatives on which he is working.
February 18, 2015
07:13 EDTVZNational Association of Regulatory Utility Commission to hold a meeting
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February 17, 2015
18:06 EDTS, VZPaulson & Co gives quarterly update on stakes
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16:22 EDTVZOn The Fly: Closing Wrap
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16:00 EDTVZOptions Update; February 17, 2015
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13:18 EDTSOmega Advisors gives quarterly update on stakes
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10:41 EDTVZCablevision downgraded to Sell from Neutral at UBS (pre-open)
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10:39 EDTVZCablevision sinks after analyst sees Verizon threat, cuts to sell
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09:58 EDTVZVerizon says 'pleased' with 181 spectrum licenses acquired for $10.4B
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06:15 EDTVZCiti sees three options for DISH, including sale to Verizon
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