Stock Market & Financial Investment News

News Breaks September 11, 2012 10:53 EDT DISH DISH rises after firm says subscription trends look positive DISH Network (DISH) is climbing after research firm Credit Suisse reported in a note issued earlier today that the company's third quarter subscription trends appear to be positive. The firm, which based its conclusion on interviews with independent DISH Network dealers, added that more consumers appear to be signing up for DISH than during the third quarter of 2011. Credit Suisse noted that some investors have worried that upcoming FCC rules could make it difficult for DISH to sell its spectrum to large companies. However, the firm anticipates that DISH will be able to "easily live with" the FCC's rules. Credit Suisse raised its target price on DISH's stock to $38 from $34 and maintained an Outperform rating. In mid-morning trading, DISH rallied $1.03, or 3.18%, to $33.28. News For DISH From The Last 14 Days Check below for free stories on DISH the last two weeks. 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May 21, 2013 05:23 EDT DISH Sprint provides transaction update Subscribe for More Information May 20, 2013 16:01 EDT DISH DISH offered $2B to purchase spectrum from LightSquared, Bloomberg says Subscribe for More Information 15:42 EDT DISH DISH offers $2B to LightSquared for spectrum, Bloomberg says Subscribe for More Information May 16, 2013 19:11 EDT DISH Dish sends letter to FCC over SoftBank, Sprint deal, Reuters says Subscribe for More Information May 14, 2013 08:31 EDT DISH DISH announces $2.5B debt offering, to be used to partially fund Sprint bid Subscribe for More Information 07:40 EDT DISH Senate 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 EDT DISH Banks work deals from both sides of the field, WSJ reports Subscribe for More Information May 13, 2013 08:24 EDT DISH Softbank pressuring potential Dish investment banks, FT reports Subscribe for More Information May 11, 2013 13:39 EDT DISH Softbank 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 EDT DISH Dish gets Jefferies Group financing in Sprint bid, Bloomberg reports Subscribe for More Information 06:10 EDT DISH On the Fly: Periodicals Wrap-Up Subscribe for More Information May 9, 2013 12:57 EDT DISH Ergen says DISH could sell non-core assets if needs to decrease debt leverage 12:54 EDT DISH DISH Chairman says sale of spectrum or whole company options if Sprint bid fails Subscribe for More Information 12:44 EDT DISH DISH's Ergen: If Sprint bid unsuccesful, could sell spectrum or whole company Comment made on Q1 earnings conference call. 10:30 EDT DISH Bill 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 EDT DISH Softbank 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 06:02 EDT DISH DISH reports Q1 revenue $3.56B, consensus $3.61B Subscribe for More Information May 8, 2013 06:06 EDT DISH Sprint holds off on giving DISH access to books, NY Post reports Subscribe for More Information May 7, 2013 07:10 EDT DISH Softbank president to meet with Sprint's major shareholders, Reuters reports Subscribe for More Information 06:07 EDT DISH On the Fly: Periodicals Wrap-Up WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports. 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