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Stock Market & Financial Investment News

News Breaks
November 19, 2012
06:15 EDTDTEGY, PCS, DISHDish bid about $4B in August for MetroPCS, WSJ reports
Dish Network (DISH) Chairman Charlie Ergen made a bid to acquire MetroPCS (PCS) in August for about $4B, reports the Wall Street Journal. Reference Link
News For DISH;PCS;DTEGY From The Last 14 Days
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January 30, 2015
14:09 EDTDISHDISH negative reaction after auction seems a bit overdone, says Wells Fargo
Wells Fargo estimates, based on information on the FCC's website, that two DISH Network (DISH) related vehicles won $10B net and $13.3B gross of AWS-3 spectrum net. The firm views the negative reaction in DISH shares following the release of the auction details as "a bit overdone," noting that total amount DISH spent appears to be $2B more than the firm expected, which it does not see as a "thesis changer." Wells also said DISH managed to block Verizon (VZ) out of the key markets of New York, Chicago, and Boston with its wins of some large paired H-Block and I-Block licenses in those areas. The firm has an Outperform rating on DISH shares.
13:24 EDTDISHDISH issues statement on AWS-3 auction results
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13:13 EDTDISHDISH sinks after FCC announces AWS-3 auction results
Shares of DISH Network (DISH) are volatile and trading lower after the Federal Communications Commission posted the results of its AWS-3 spectrum auction, which raised a total of $41.33B. 31 winning bidders won a total of 1,611 licenses, the FCC noted. Among them, AT&T (T) submitted a total winning bid net amount of $18.19B, Verizon's (VZ) winning bids totaled $10.43B, DISH Network (DISH) won a bid of $10B and T-Mobile (TMUS) had a winning net bid amount of $1.77B. Following the posting of the results to the regulator's website, shares of DISH have been volatile. DISH shares are down 5.5% to $69.45 in afternoon trading.
13:03 EDTDISHFCC reports AT&T winning bid in AWS-3 auction of $18.2B
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13:00 EDTDISHDISH drops 3% after FCC posts spectrum auction results
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12:53 EDTDISHFCC reports AWS auction 97 raises $41.3B, with AT&T, Verizon top bidders
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January 21, 2015
11:28 EDTDISHDISH found liable for 'tens of millions' of telemarketing violations by court
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08:20 EDTDTEGYBT, Deutsche Telekom said to be in talks on partnerships, Reuters reports
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January 20, 2015
19:27 EDTDISHDISH Slingbox, Hopper features upheld in copyright ruling
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06:24 EDTDTEGYT-Mobile warns of unsustainable costs against cellphone giants, Re/code says
T-Mobile (TMUS) owner Deutsche Telekom (DTEGY) claims Verizon (VZ) and AT&T's (T) wealth makes true competition difficult, reports Re/code, citing statements made at Germany's DLD conference. Deutsche Telekom CEO Tim Hoettges stated the dominance of AT&T and Verizon allowed them to make huge bids at the latest midband spectrum auction to further their market lead. Hoettges also stated he was "intrigued" by last year's unsuccessful merger talks with Sprint (S), and warned that T-Mobile's $4B-$5B investment requirements per year are unsustainable. Reference Link
January 18, 2015
17:19 EDTDTEGYDeutsche Telekom plans to raise spending on German operations, Bloomberg says
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