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Stock Market & Financial Investment News

News For DISH;T;VZ;VOD From The Last 14 Days
Check below for free stories on DISH;T;VZ;VOD the last two weeks.
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June 17, 2013
11:18 EDTT, VZSamsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link
11:10 EDTTSierra Wireless is likely beneficiary General Motors vehicle connectivity, says Avondale
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09:55 EDTVOD, T, VZVerizon considering move into Canada, Globe and Mail says
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07:13 EDTTTelefonica denies it received $93B offer from AT&T, Reuters reports
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06:14 EDTTOn the Fly: Periodicals Wrap-Up
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June 14, 2013
12:00 EDTVODVodafone may raise bid for Kabel Deutschland, Reuters reports
British mobile carrier Vodafone (VOD) is thinking of increasing its bid for Germany's Kabel Deutschland, according to Reuters, which cit6ed an unnamed source. Vodafone may increase its bid as soon as next week, the news service quoted the source as saying. Kabel, Germany's largest cable operator, rejected Vodafone's first bid, the news service indicated. Reference Link
08:58 EDTVODBofA/Merrill's media and telecom analysts hold a conference call
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07:21 EDTTClinton Global Initiative to host to host a meeting
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07:15 EDTVZ, T, VODNSA data not collected directly from Verizon Wireless, T-Mobile, WSJ says
Because of their foreign ownership ties, Verizon Wireless (VZ, VOD) and T-Mobile USA (TMUS, DTEGY) do not have data on their calls collected directly by the National Security Agency, according to The Wall Street Journal, citing people familiar with the matter. The Journal's sources said the other two nationwide carriers, AT&T (T) and Sprint (S), have long cooperated with the government and officials believe they can still capture information on 99% of U.S. phone traffic because nearly all calls eventually travel over the networks owned by other cooperating companies. Reference Link
06:06 EDTDISHDish's broken pledge complaint called 'nonsensical,' Bloomberg reports
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June 13, 2013
09:30 EDTTClinton Global Initiative to host to host a meeting
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07:33 EDTVODA Vodafone bid for Kabel Deutscland might run into Liberty Global, Reuters says
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06:40 EDTDISHCable companies looking to derail Intel broadcast bid, NY Times says
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June 12, 2013
19:09 EDTDISHOn The Fly: After Hours Movers
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19:06 EDTDISHSprint says evaluating statement from Clearwire board
Sprint (S) issued the following statement in response to Clearwire (CLWR) board of directors’ recommendation of the DISH (DISH) tender offer: “Sprint is evaluating today’s statement from Clearwire’s board and will review any corresponding filings before determining its next steps. Sprint continues to have every intention of enforcing its governance rights. All commercial agreements, including network and customer agreements, will be honored and enforced as it regards our ongoing relationship with Clearwire.”
17:41 EDTDISHClearwire committee, board recommend holders accept DISH's $4.40 p/s offer
Clearwire (CLWR) announced that its board of directors, based on the unanimous recommendation of the Special Committee consisting of independent, non-Sprint (S)-affiliated directors, has unanimously recommended that stockholders accept and tender into DISH Network's (DISH) cash tender offer to acquire all outstanding common shares of Clearwire at the previously announced price of $4.40 per share. The DISH tender offer has been amended and now is currently set to expire at 12:00 midnight, Eastern time, at the end of July 2, unless extended or terminated in accordance with the terms and conditions of the offer. The company's board of directors, also based on the unanimous recommendation of the Special Committee, also unanimously recommended that stockholders now vote against the $3.40 per share Sprint merger and related matters. The DISH tender offer is subject to various conditions, including the tender of more than 25% of the fully diluted voting stock in Clearwire and the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
17:16 EDTDISHDISH extends tender offer for Clearwire
DISH Network (DISH) announced that it has extended the expiration of the previously announced tender offer to acquire all of the outstanding shares of class A common stock of Clearwire (CLWR) for $4.40 per share until the end of the day on July 2. The offer was previously scheduled to expire at the end of the day on June 28.
16:20 EDTVODOn The Fly: Closing Wrap
Stocks on Wall Street were lower despite opening sharply higher as the market looked to avoid its first three day losing streak of the year. Downside momentum quickly took hold however, and the averages moved steadily lower through the session, moving to their lows in the final hour of trading but finishing just off those levels. ECONOMIC EVENTS: In the U.S., the MBA's purchase applications composite index rose 5.0% for the week. The U.S. posted a $139B May budget deficit against expectations for a $130B deficit, and compared to a $124.6B deficit a year ago. In Europe, factory production in the 17-nation euro area rose 0.4% in April from March, compared to expectations for it to remain unchanged. COMPANY NEWS: Cooper Tire (CTB) agreed to be acquired by India's Apollo Tyres for $35.00 per share in cash, or $2.5B. Cooper shares surged $10.10, or 41.12%, to $34.66 to trade near $34.50 following the deal announcement, while peer Goodyear Tire (GT) advanced about 33c, or 2.26%, to $14.93... Live Nation (LYV) shares gained $2.33, or 16.84%, to $16.17 after the company announced it prevailed in an arbitration ruling related to a ticketing license software agreement... MAJOR MOVERS: Among the notable gainers was Ulta Salon (ULTA), up $12.51, or 14.87%, to $96.64 following its quarterly earnings report. Also higher was Health Management (HMA), up $1.58, or 11.34%, to $15.51 after Glenview Capital said in a filing it is seeking to repeal a provision that prevents entities from holding more than 15% of the company's stock and saying it would look to nominate candidates to the company's board. Among noteworthy losers was Biogen (BIIB), down $16.48, or 7.39%, to $206.55 after the stock was downgraded to Neutral from Buy at Citigroup, which cited concerns that EU medical regulators are unlikely to approve the company's multiple sclerosis treatment. Also lower were U.S.-listed shares of Vodafone (VOD), down 71c, or 2.47%, to $28.12 after the company confirmed it approached Kabel Deutschland about a possible deal. INDICES: The Dow was down 126.79, or 0.84%, to 14,995.23; the S&P 500 was down 13.61, or 0.84%, to 1,612.52; the Nasdaq was down 36.52, or 1.06%, to 3,400.43.
12:27 EDTVODOn The Fly: Midday Wrap
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07:42 EDTTThe Brookings Institution to host a discussion on promoting mobile technology
Randall Stephenson, Chairman and CEO of ATT, joins Sen. Mark Pryor (D-AR) in a panel discussion on ways the government and private industry can work together to accelerate the mobile tech revolution at Brookings in Washington, D.C. on June 12 at 10 am. Webcast Link
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