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Stock Market & Financial Investment News

News Breaks
June 9, 2014
06:28 EDTDOX, TEFAmdocs selected by Telefonica for projects in Chile, Peru
Amdocs (DOX) announced that Telefonica (TEF) has selected Amdocs for transformation projects in Chile and Peru. "By modernizing and standardizing Telefonica's business support systems on Amdocs software, Telefonica subscribers in these countries will be able to move seamlessly between all customer interaction channels, whether self-service or agent assisted, via the Web, call center or at the retail store, across its entire quad-play offering - wireline, wireless, Internet and TV," the company said.
News For DOX;TEF From The Last 14 Days
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April 21, 2015
15:18 EDTDOXAmdocs reported interest in Comverse billing unit makes sense, says JPMorgan
After Israel's Globes said that Amdocs (DOX) is in advanced talks to buy Comverse's (CNSI) billing unit for $300M-$400M, JPMorgan said it believes Comverse has had the unit up for sale for quite some time and that such a deal could make strategic and financial sense for Amdocs. However, the firm added that such a deal might suggest that Amdocs management sees limited opportunities for organic growth in the near-term. JPMorgan has a Neutral rating on Amdocs shares.
15:11 EDTDOXAmdocs in discussions to acquire Comverse billing division, Globes says
Amdocs (DOX) is in discussions to acquire Comverse's (CNSI) billing division for $300M-$400M, according to Globes. Reference Link
06:23 EDTDOXAmdocs price target raised to $62 from $55 at Citigroup
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April 14, 2015
08:20 EDTTEFTelefonica may offer rights concessions to get Canal+ deal done, Reuters says
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