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Stock Market & Financial Investment News

News Breaks
January 28, 2014
06:17 EDTDTEGY, DLAKYLufthansa considers former Deutsche Telekom head for CEO job, Reuters reports
Lufthansa (DLAKY) contacted Rene Obermann, the former CEO of Deutsche Telekom (DTEGY), as it looks for a new CEO, according to Handelsblatt and Rheinische Post newspapers, reports Reuters.Reference Link
News For DLAKY;DTEGY From The Last 14 Days
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March 26, 2015
10:00 EDTDLAKYLufthansa CEO 'stunned' by prosecutor conclusion of Germanwings crash, AP says
Lufthansa CEO Carsten Spohr said he is "stunned" by a French prosecutor's conclusion that the co-pilot of Germanwings plane intentionally caused Tuesday's crash, reports the Associated Press. Speaking to a news conference, Spohr said "We choose our staff very, very carefully", adding that pilots undergo yearly medical examinatoins. Germanwings is a subsidiary of Lufthansa. Reference Link
March 23, 2015
07:27 EDTDTEGYCityFibre claims BT takeover of EE is anticompetitive, The Telegraph says
CityFibre has filed a claim with British antitrust authorities alleging BTís (BT) GBP12.5B takeover of EE is anticompetitive, reports The Telegraph, citing statements by CityFibre CEO Greg Mesch. BT has claimed that it will immediately cut costs if the takeover proposal succeeds, and CityFibre believes its earlier contract with EE to expand its fibre-optic network will be "effectively neutered." EE is a joint venture by Orange (ORAN) and Deutsche Telekom (DTEGY). Reference Link
March 20, 2015
07:38 EDTDLAKYLufthansa pilot strike extended to Saturday, WSJ says
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March 19, 2015
09:49 EDTDLAKYLufthansa expects to operate 75% of flights despite strike, AFP reports
Lufthansa aims to operate approximately 75% of flights on Friday despite a third consecutive day of pilot strikes, reports the AFP. A company spokesman said, "We're assuming for the moment that the number of flights that can take off and land tomorrow will be of the same magnitude as on Wednesday... We're counting on around three quarters of all flights in the entire Lufthansa group -- including Swiss, Austrian and Germanwings -- going ahead." Reference Link
March 18, 2015
06:07 EDTDLAKYLufthansa pilots begin two-day strike, Reuters says
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05:35 EDTDTEGYDeutsche Telekom and Cisco launch intercloud services on OpenStack
Deutsche Telekom (DTEGY) and Cisco (CSCO) are announcing a newly developed Intercloud-based services for small- and medium-sized businesses and enterprise customers. The two companies announced their Intercloud collaboration in September 2014. Deutsche Telekom and Cisco are currently setting up the necessary infrastructure for a redundant Intercloud node in Deutsche Telekom's high-performance data centers in Magdeburg and Biere near Berlin, Germany. Deutsche Telekom will deliver sovereign and highly secure services that meet Germany's strict data protection standards to business customers throughout the European region.
March 17, 2015
11:34 EDTDLAKYLufthansa cancels 750 flights due to impending pilots strike, Reuters reports
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March 16, 2015
11:11 EDTDTEGYMavenir session border controller selected by T-Mobile Austria
Mavenir Systems (MVNR) announced that its session border controller was selected by Deutsche Telekom's (DTEGY) T-Mobile Austria GmbH for its IP Interconnect and Access SBC Project, which T-Mobile Austria plans to commercially launch in 2015.
March 15, 2015
14:59 EDTDTEGYDeutsche Telekom launches platform for connected industry
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