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Stock Market & Financial Investment News

News Breaks
March 4, 2013
06:04 EDTDOXAmdocs, SingTel open joint development center in Israel
Singapore Telecommunications Limited and Amdocs announced the opening of a joint development center in Israel. SingTel L!feLabs @ Israel with Amdocs will focus on reaching out to the local community of entrepreneurs to develop capabilities in key areas as well as conduct proof of concepts and the eventual commercialization of innovative technologies, products and services in the 26 countries where the SingTel Group operates.
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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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