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Stock Market & Financial Investment News

News Breaks
November 15, 2012
14:09 EDTDISH, DTVBrean Capital does not believe a merger of DISH and DirecTV is likely
Brean Capital believes a potential merger of DISH (DISH) and DirecTV (DTV) is unlikely and that approval would be a "stretch" and if it were allowed, conditions would be too onerous and would offset the benefits.
News For DISH;DTV From The Last 14 Days
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May 17, 2013
15:51 EDTDTVDirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link
15:26 EDTDTVDirecTV considering acquisition of Hulu, Dow Jones reports
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May 16, 2013
19:11 EDTDISHDish sends letter to FCC over SoftBank, Sprint deal, Reuters says
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16:08 EDTDTVUniTek Global provides update on master services agreement with DirecTV
UniTek Global (UNTK) announced that its subsidiary, DirectSat USA, has received a letter from DirecTV (DTV) providing 180-day notice of the termination of its master services agreement with DirectSat, effective November 8, 2013. Shortly following receipt of the notice, DirectSat entered into an agreement with DirecTV providing that the 180-day notice of termination will be automatically withdrawn upon the company's refinancing, by July 31, of its debt on terms that satisfy certain financial requirements, the continued work on completion of its financial statements and the satisfaction of other conditions. DirecTV has informed the company that it intends to continue working with the company as UniTek addresses the issues it currently faces related to the previously disclosed accounting matters.
06:01 EDTDTVDirecTV shares can rise above $90 in next two years, says Citigroup
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May 15, 2013
16:55 EDTDTVBerkshire Hathaway gives quarterly update on stakes
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16:40 EDTDTVBerkshire Hathaway reports 5.8% passive stake in DirecTV
May 14, 2013
10:32 EDTDTVDirecTV management to meet with JPMorgan
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08:31 EDTDISHDISH announces $2.5B debt offering, to be used to partially fund Sprint bid
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07:40 EDTDISHSenate 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
05:44 EDTDISHBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
08:24 EDTDISHSoftbank pressuring potential Dish investment banks, FT reports
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May 11, 2013
13:39 EDTDISHSoftbank 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
07:09 EDTDISHDish gets Jefferies Group financing in Sprint bid, Bloomberg reports
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06:10 EDTDISHOn the Fly: Periodicals Wrap-Up
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May 9, 2013
12:57 EDTDISHErgen says DISH could sell non-core assets if needs to decrease debt leverage
12:54 EDTDISHDISH Chairman says sale of spectrum or whole company options if Sprint bid fails
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12:44 EDTDISHDISH's Ergen: If Sprint bid unsuccesful, could sell spectrum or whole company
Comment made on Q1 earnings conference call.
10:30 EDTDISHBill 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
07:58 EDTDISHSoftbank 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
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