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February 24, 2014
06:32 EDTIBM, ERIC, ALU, ACN, NOKEricsson after more revenue from network equipment services, Bloomberg says
Ericsson (ERIC) CEO Hans Vestberg, wants his company to be more than a supplier of base stations and antennas, it also wants to partner with firms and run and maintain everything from phone networks to computer systems, while providing consulting and software, reports Bloomberg. The competition is stiff. The nearly $300B that phone carriers spend each year on services attracts rivals Nokia Oyj (NOK) and Alcatel-Lucent (ALU), as well as IIBM (IBM) and Accenture (ACN). Reference Link
News For ERIC;NOK;ALU;IBM;ACN From The Last 14 Days
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July 27, 2015
12:30 EDTIBMIBM invests $60M over three years in African Skills Initiative
IBM announced an investment of $60M over three years to develop the next generation of technical talent in Africa. As part of the initiative, IBM is expanding the Africa Technical Academy and the company's Africa University Programme to over 20 African countries. IT professionals across the continent are set to benefit with advanced skills in analytics, cloud and big data technologies which are crucial to the next phase of Africa's economic and social development. The courses are available at no cost and are facilitated by both IBM online trainers and certified faculty in the participating universities.
05:36 EDTERICEricsson announces partnership with Airtel Gabon
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July 26, 2015
19:22 EDTNOKBaidu CEO 'still interested' in Nokia map unit, Re/code says
In a Re/code interview published Friday afternoon, Baidu (BIDU) CEO Robin Li remarked that the company is "still interested" in Nokia's (NOK) HERE mapping unit. When asked about potential partners, Li commented, "I cannot say too much about it because it’s not a done deal." Note that earlier media reports have suggested Nokia is or was leaning towards selling HERE to a group of German luxury car makers including Daimler (DDAIF), BMW (BAMXY), and Volkswagen's (VLKAY) Audi (AUDVF). Reference Link
14:44 EDTIBMAmazon cloud sales signal risk for traditional data storage, Barron's says
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July 24, 2015
16:30 EDTIBMStocks end week lower as Apple headlines busy week of earnings
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13:29 EDTALU, NOKAlcatel CEO says Nokia deal may close sooner than expected, Re/code reports
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06:08 EDTALU, NOKNokia receives European Commission approval for Alcatel-Lucent acquisition
Nokia (NOK) announced that it has received approval from the European Commission for its pending acquisition of Alcatel-Lucent (ALU). The proposed transaction was notified to the European Commission on June 19, 2015 and was cleared today without conditions following a Phase 1 review. Approval by the European Commission follows previously disclosed antitrust clearances in Brazil and Serbia and the expiration of the antitrust review period in the United States. In addition, the parties confirmed today they have received further antitrust clearances from Albania, Canada, Colombia and Russia. Both companies will continue to cooperate with the remaining authorities to close their reviews as quickly as possible. The transaction remains subject to approval by Nokia shareholders, Nokia holding over 50.00% 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.
July 23, 2015
12:01 EDTIBMIBM acquires Compose, terms not disclosed
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08:49 EDTACNAccenture acquisitions positive, says SunTrust
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July 21, 2015
17:25 EDTIBMApple says 'seeing great momentum' in enterprise market
Says happy with progress with IBM (IBM) partnership. Says Apps store revenue more than doubled in China. Says Watch sales offset iPod sales decline. Says will not release Watch sales results. Comments from Q3 earnings conference call.
16:28 EDTIBMOn The Fly: Top stock stories for Tuesday
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16:01 EDTIBMOptions Update; July 21, 2015
iPath S&P 500 VIX Short-Term Futures down 13c to 16.20. Option volume leaders: AAPL BAC FB BAC MSFT NFLX AMD IBM CHK
13:40 EDTNOKNokia to unveil virtual reality project next week, Re/code reports
Nokia plans to unveil its first major virtual reality project next week at a special event in Los Angeles, California, Re/code reports, citing sources familiar with the company's plans. Reference Link
12:21 EDTIBMOn The Fly: Top stock stories at midday
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09:35 EDTIBMActive equity options trading on open
Active equity options trading on open: AAPL FB IBM TSLA BAC PVA NFLX
09:21 EDTIBMOn The Fly: Pre-market Movers
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09:05 EDTACNAccenture to acquire EnergyQuote JHA, terms not disclosed
Accenture has entered into an agreement to acquire EnergyQuote JHA, a Pan-European energy management and procurement services provider. The acquisition will bolster Accenture’s energy procurement capabilities in Europe and further enhance its ability to deliver energy management as-a-service to clients. Terms of the deal were not disclosed and the acquisition is subject to the satisfaction of customary closing conditions.
08:48 EDTIBMMajesco extends cloud platform for insurance software on IBM's SoftLayerIBM
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07:38 EDTIBMIBM risk/reward positive, says Stifel
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06:42 EDTNOKNokia close to selling HERE to German auto makers, Bloomberg reports
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