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Stock Market & Financial Investment News

News Breaks
December 11, 2012
19:09 EDTDISHDISH issues staement on AWS-4 spectrum decision
DISH Network Corporation issued the following statement: "The FCC has removed outdated regulations and granted terrestrial flexibility for most of the AWS-4 band... The Commission has taken an important step toward facilitating wireless competition and innovation, and fulfilling the goals of the National Broadband Plan. Following a more thorough review of the order and its technical details, DISH will consider its strategic options and the optimal approach to put this spectrum to use for the benefit of consumers."
News For DISH From The Last 14 Days
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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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January 20, 2015
19:27 EDTDISHDISH Slingbox, Hopper features upheld in copyright ruling
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January 15, 2015
18:03 EDTDISHDISH, Fox News reach content carriage agreement
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January 14, 2015
17:19 EDTDISHDISH being questioned by FCC over Sling online TV service, Re/code reports
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16:33 EDTDISHOn The Fly: Closing Wrap
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10:28 EDTDISHViacom carriage deal with DISH goes until 2016, Faber says
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06:28 EDTDISHViacom downgraded to Sell from Buy at Citigroup
Citigroup downgraded Viacom (VIAB) two notches to Sell from Buy and lowered its price target for shares to $62 from $88. Citi says its new price target assumes a 50% probability that DISH (DISH) drops Viacom's channels. The firm sees 30% share downside risk should such an event occur. Citi lists two potential M&A deals that could offset the downside risk: Viacom acquiring CBS (CBS), which it feels would be neutral for the stock, or another media firm acquiring Viacom, which it feels could drive 20% upside for Viacom shares. Citi assumes a 10% probability of Viacom getting bought out.

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