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Stock Market & Financial Investment News

News Breaks
July 9, 2014
15:54 EDTDISH, CMCSA, TWC, T, DTVDISH expresses concerns over Comcast, AT&T deals to FCC
DISH Network (DISH) submited a letter summarizing its meetings on Monday, July 7, with FCC Chairman Tom Wheeler and others at the regulator. In the letter, DISH wrote that the pending merger of Comcast (CMCSA) and Time Warner Cable (TWC) "presents serious competitive concerns for the broadband and video marketplaces and therefore should be denied." DISH also said that it had expressed during its meetings that the recently announced deal between AT&T (T) and DIRECTV (DTV) "presents competitive concerns." During the meetings, DISH said that it plans to participate in the upcoming AWS-3 auction and "looks forward to meaningfully participating in the upcoming 600 MHz Broadcast Incentive Auction," the letter states. Reference Link
News For DISH;CMCSA;TWC;T;DTV From The Last 14 Days
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August 27, 2014
06:40 EDTTWCTime Warner Cable customers reporting outages, Business Insider reports
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06:01 EDTTAT&T's Ralph de la Vega to oversee enterprise and mobile, Re/code reports
AT&T's Ralph de la Vega has been promoted to CEO of the company's mobile & business solutions organization, Re/code confirms. Glenn Lurie, currently the CEO of AT&T Mobility, will now run the mobile unit. Andy Geisse, AT&T's business solutions head, is retiring after 35 years with the company. Reference Link
August 26, 2014
11:37 EDTTWCTime Warner Cable to pay $1.1M to resolve outage reporting violations, FCC says
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10:51 EDTCMCSA, TWCZoom Telephonics files FCC petition opposing Charter's cable modem policies
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09:35 EDTTWC, CMCSANetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
08:44 EDTTBest Buy CFO says mobile phone category 'complicated to forecast'
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07:08 EDTDISHDISH names Warren Schlichting to lead programming, media sales
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August 25, 2014
19:00 EDTCMCSA, DISH, TWCDISH Network petitions FCC to deny Comcast, Time Warner merger
Citing irreparable harm to competition and consumers, DISH Network (DISH) petitioned the Federal Communications Commission, or FCC, to deny the merger of Comcast (CMCSA) and Time Warner Cable (TWC). The petition to deny outlines, among other things, the critical role high-speed broadband plays in the video industry and the potential for the merger to significantly damage competitive development of over-the-top video and limit consumer access to online video programming.
14:46 EDTDTVDirecTV, NFL have outline for Sunday Ticket deal, SBJ says
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11:48 EDTT, DTVAT&T, DirecTV agree to deal with DOJ paving way for merger, NY Post says
AT&T (T) has agreed with the Justice Department on terms paving the way for it to acquire DirecTV (DTV), though it could not be learned what, if any, conditions the department has placed on the merger, according to The New York Post, citing a source close to the process. Reference Link
11:06 EDTDISHDISH evaluating bid for T-Mobile, says dealReporter citing sources
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06:20 EDTCMCSA, TWCFCC seeks more data from Comcast regarding TWC deal, Reuters says
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August 22, 2014
10:15 EDTTVodafone rallies amid reports of AT&T takeover bid, FT says
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07:11 EDTTAT&T may mount bid GBP3 per share bid for Vodafone, Daily Mail reports
AT&T (T) is working on a cash bid worth over GBP3 per share for Vodafone (VOD), according to the Daily Mail. The publication says China Mobile (CHL) may be interested in taking a stake in Vodafone of up to 20%. Reference Link
07:06 EDTDISHDISH CFO Robert Olson to retire on October 15
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05:58 EDTCMCSAComcast launches streaming TV services for college campuses, WSJ reports
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05:28 EDTDISHSoftbank capital raise could be used for acquisitions, Bloomberg says
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August 21, 2014
13:16 EDTTT-Mobile offers free data to users who recruit new customers to its network
T-Mobile (TMUS) is offering its current Simple Choice customers a free unlimited LTE data plan upgrade for a full year when they recruit a Sprint (S), Verizon (VZ), or AT&T (T) customer to its network. The new referred customer will also receive a full year of unlimited LTE data for free as well. If a Simple Choice customer who recruits a new user to T-Mobile's network already has an unlimited LTE data plan, they will receive a $10 credit each month for twelve months. The referral plan starts August 29. Reference Link
11:49 EDTTSprint announces $60 per month unlimited wireless plan
Sprint (S) announces an unlimited wireless plan for $60. The plan provides consumers unlimited talk, text and data while on Sprint's network for $60 per month, a $20 savings compared to T-Mobile's (TMUS) $80 per month unlimited plan, the wireless carrier said. The Sprint $60 Unlimited Plan is available to both new and existing Sprint customers starting tomorrow, August 22. To qualify for the plan, customers must purchase their device through Sprint Easy Pay, pay full retail price or bring their own compatible device.
August 20, 2014
06:13 EDTTWCNetflix signs paid peering deal with Time Warner Cable, Gigaom reports
Netflix (NFLX) has signed a direct interconnection deal with Time Warner Cable (TWC) that would provide Netflix with direct access and faster streams, reports Gigaom. Time Warner Cable confirmed that the deal happened in June and the implementation has been rolling out this month. Reference Link
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