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Stock Market & Financial Investment News

News Breaks
November 28, 2012
11:39 EDTJNPR, BRCM, NXPI, ALU, CIEN, QCOM, ERICiSuppli says mobile communications equipment market to grow 13% in 2012
The market for mobile communications equipment will grow by a robust 13% this year, propelled by climbing shipments of mobile handsets and tablets, particularly devices supporting the 4G long term evolution, or LTE, wireless standard, IHS iSuppli predicted. Total factory revenue from original equipment manufacturers making mobile communications equipment is projected to reach $376B by year-end, up from $334B in 2011, the firm said. Next year, overall revenue for mobile communications equipment is forecast to rise to $444B, the firm added.
News For ERIC;ALU;BRCM;QCOM;NXPI;JNPR;CIEN From The Last 14 Days
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June 17, 2015
11:03 EDTALUNokia, Alcatel-Lucent say DOJ permits companies to proceed with combination
Nokia (NOK) and Alcatel-Lucent (ALU) announced that the U.S. Department of Justice has granted early termination of the U.S. antitrust waiting period for the combination of Nokia and Alcatel-Lucent, permitting the transaction to proceed. The parties said they continue to make good progress with the regulatory approval processes in the remaining relevant jurisdictions, with the parties having already obtained antitrust clearances in Brazil and Serbia. The transaction remains subject to approval by Nokia shareholders, Nokia holding over 50% of the share capital of Alcatel-Lucent on a fully diluted basis upon completion of the public exchange offer, receipt of other regulatory approvals and other customary conditions. The transaction is expected to close in the first half of 2016.
05:37 EDTERICEricsson selected by Smile Communications for 4G/LTE managed services
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June 16, 2015
10:16 EDTQCOMApplied Micro may be more open to takeover, The Deal reports
The addition of hedge fund investor Christopher Zepf to Applied Micro Circuits' (AMCC) board may signal the company has become more open to being acquired, The Deal reports. The company could be an attractive target for Qualcomm (QCOM), industry sources told the website. Reference Link
09:04 EDTCIENCiena, Cyan announce termiantion of HSR waiting period
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June 15, 2015
09:01 EDTCIENCiena selected by O2 to deploy nationwide network in the U.K.
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05:38 EDTALUBell Labs and Technische Universitat Dresden sign collaboration agreement
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