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Stock Market & Financial Investment News

News For VZ;DISH;T From The Last 14 Days
Check below for free stories on VZ;DISH;T the last two weeks.
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August 12, 2014
17:26 EDTDISHDish viewed as favored T-Mobile acquirer after Sprint drops bid, Bloomberg says
Dish Network (DISH) is viewed as a favorite to acquire T-Mobile (TMUS) after Sprint (S) dropped its plans to acquire the company last week, according to Bloomberg, citing analysts at Moody's Investors Service and Macquarie Group. Being an industry outsider, Dish wouldn't reduce the number of competitors in the wireless market, which would please regulators, Bloomberg added. Reference Link
14:55 EDTTFrontier Communications confirms settlement with Connecticut AG over AT&T deal
Frontier Communications (FTR) announced it has reached an agreement with the Connecticut Attorney General and the Office of Consumer Counsel related to Frontierís proposed acquisition of AT&T's (T) incumbent local exchange operations and statewide fiber network that provides services to residential, commercial and wholesale customers in Connecticut. As part of the transaction, Frontier will also acquire AT&T's U-verse video and satellite TV operations in Connecticut. Highlights of the agreement state that for a period of not less than 36 months after the closing of the transaction (i) there will be no increases in the basic primary residential rate in effect for transferred exchanges as of the closing date; and (ii) where available, Frontier has agreed to offer its basic broadband and stand-alone basic broadband product at or below Frontierís current prices. In addition, Frontier has committed to incremental capital investments totaling $63M over 2015, 2016 and 2017 to expand and improve broadband in Connecticut.
08:55 EDTVZVerizon CFO says cash priorites include investing in network, dividend
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August 11, 2014
15:45 EDTTSpherix subsidiary settles with AT&T, files joint motion to dismiss
Spherix (SPEX) subsidiary Guidance IP has reached a settlement with AT&T (T), according to a court document filed August 7 in the U.S. District Court for the Northern District of Texas. The settlement stems from a lawsuit filed on December 6, 2013 by Spherix for infringement of its patent entitled, "System and Method for Determining the Geolocation of a Transmitter." Shares of small-cap Spherix are up 19% to $1.75 in later afternoon trading following the circulation of the court filing. Reference Link
August 8, 2014
11:32 EDTT, VZSprint is preparing to engage in fierce pricing war, WSJ reports
Sprint (S) is preparing to engage in a fierce price competition on the heels of an almost complete network revamp, according to the Wall Street Journal, citing Masayoshi Son, the CEO of parent company Softbank (SFTBY). Sprint is currently testing new pricing plans, and will utilize its "street fighter" strategies to take on larger rivals Verizon (VZ) and AT&T (T). "Price competition will intensify. Sprint will soon be ready to join the fray," Son said. Reference Link
07:56 EDTTSonus Networks upgraded to Outperform from Market Perform at Barrington
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August 7, 2014
09:36 EDTVZActive equity options trading on open
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07:59 EDTDISHDISH price target raised to $78 from $62 at Brean Capital
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August 6, 2014
13:26 EDTDISHDISH says odds for 'big' wireless deal getting done before auction 'not great'
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13:12 EDTTAT&T mulls buying CSN Houston, Bloomberg says
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13:11 EDTDISHDISH Chairman Ergen says 'lot of things I like' about Sprint
Ergen says it might make sense for DISH (DISH) to make an attempt to acquire T-Mobile (TMUS) or to partner with Sprint (S). Ergen says he sees the wireless industry becoming even more competitive. Ergen continues to answer questions during DISH's earnings conference call.
12:40 EDTDISHDISH says DirecTV combination not pursued due to 'valuation,' not regulation
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12:26 EDTDISHDISH says 'certainly would be interested' if NFL opened bidding on Sunday Ticket
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12:25 EDTDISHDISH sees upcoming auction to provide indicator on value of spectrum holdings
Ergen says he believes the value of DISH's spectrum holdings is "probably underestimated" by most analysts.
12:17 EDTDISHDISH Chairman says 'nothing really has changed' in terms of strategy
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12:09 EDTDISHDISH says scaled back discounts amid capacity constraints
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09:36 EDTVZActive equity options trading on open
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09:30 EDTDISHDISH signs multi-year contract with Xavient for IT services
Xavient Information Systems, an IT services and solutions provider, announced that they have signed a multi-year deal with DISH Network to provide extensive IT services.
06:15 EDTDISHDISH reports Q2 EPS 46c, consensus 51c
Reports Q2 Q2 revenue $3.69B, consensus $3.69B; Reports Q2 subscriber-related revenue up 5.6% to $3.65B.
06:13 EDTDISHDISH activated 656,000 gross new pay-TV subscribers in Q2
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