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Stock Market & Financial Investment News

News Breaks
February 21, 2014
08:38 EDTCOMMCommScope price target raised to $24 from $20 at Credit Suisse
Credit Suisse raised CommScope's price target to $24 following the solid Q4 report and improving wireless carrier spending environment. Shares are Outperform rated.
News For COMM From The Last 14 Days
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May 5, 2015
10:04 EDTCOMMOn The Fly: Analyst Upgrade Summary
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06:57 EDTCOMMCommScope upgraded to Buy from Neutral at BofA/Merrill
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May 1, 2015
14:31 EDTCOMMCommScope stockholders approve proxy proposals
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April 30, 2015
07:50 EDTCOMMCommScope CEO sees wireless carrier spending strengthening in 2H15
The acquisition of TE Connectivity’s Telecom, Enterprise and Wireless businesses is expected to be in excess of 20% accretive to CommScope’s adjusted EPS by the end of the first full year after closing. CommScope CEO Eddie Edwards stated, “We continue to believe that the ever increasing global demand for broadband connectivity and our planned transformative acquisition of TE Connectivity’s Telecom, Enterprise and Wireless businesses will position CommScope well for long-term growth and value creation. Given the secular demand for fiber, TE Connectivity’s fiber portfolio is expected to be a driver of growth across CommScope’s businesses."
06:11 EDTCOMMCommScope sees Q2 adjusted EPS 45c-50c, consensus 49c
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06:09 EDTCOMMCommScope reports Q1 adjusted EPS 42c, consensus 36c
Reports Q1 revenue $825M, consensus $823.69M.

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