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Stock Market & Financial Investment News

News For FB;S;NTLS;FIVE;CBK;BX;MDRX;YUM;ZNGA;VRSN From The Last 14 Days
Check below for free stories on FB;S;NTLS;FIVE;CBK;BX;MDRX;YUM;ZNGA;VRSN the last two weeks.
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May 24, 2013
15:22 EDTFBFacebook volatility decreases as shares trend to six-month low
Facebook May weekly call option implied volatility is at 34, June and July is at 35; below its 26-week average of 45 according to Track Data, suggesting decreasing price risk.
14:44 EDTFBFacebook slips to session lows, close to 6-month low, levels to watch
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09:28 EDTS, NTLSDISH looking to develop broadband service, says Wells Fargo
After DISH (DISH) agreed to develop a fixed-mobile broadband service with nTelos (NTLS), Wells Fargo does not believe that DISH is looking to build a network. Rather, the firm thinks that DISH is looking to build a broadband service that is likely to operate on Sprint's (S) spectrum. The firm views the nTelos deal positively as it gives DISH a head start in developing a broadband offering in case it acquires Sprint. The firm keeps an Outperform rating on Sprint.
07:49 EDTFBRumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link
07:44 EDTFBFacebook delays release of HTC First phone in Europe, FT reports
Facebook delayed release of its customized Android phone in Europe, following negative customer feedback in the U.S., reports the Financial Times. The new HTC First was released in the U.S. last month.Reference Link
07:20 EDTFBFacebook may face bidding war with Google for Waze, Bloomberg says
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07:10 EDTNTLSDish and NTELOS sign letter of intent to pursue strategic relationship
DISH Network (DISH) and NTELOS (NTLS) announced that nTelos and a wholly-owned subsidiary of DISH have executed a Letter of Intent to pursue a strategic relationship to co-develop a fixed-mobile broadband service within nTelos's coverage territory serving Virginia, West Virginia and portions of Maryland, North Carolina, Pennsylvania, Ohio and Kentucky. Once complete, the service is expected to give nTelos and DISH customers, many of whom are located in underserved rural communities, access to reliable high-speed Internet, whether at home or on the go.
07:03 EDTNTLSDISH, NTELOS sign Letter of Intent for strategic relationship
DISH Network (DISH) and NTELOS Holdings (NTLS) announced that nTelos and a wholly owned subsidiary of DISH have executed a Letter of Intent to pursue a strategic relationship to co-develop a fixed-mobile broadband service within nTelos’s coverage territory serving Virginia, West Virginia and portions of Maryland, North Carolina, Pennsylvania, Ohio and Kentucky. Once complete, the service is expected to give nTelos and DISH customers, many of whom are located in underserved rural communities, access to reliable high-speed Internet, whether at home or on the go.
May 23, 2013
19:45 EDTSCrest reiterates opposition to Sprint-Clearwire merger
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19:37 EDTSDISH secures $9B in financing for Sprint deal, WSJ reports
DISH (DISH) has received commitment letters from five banks, including Barclays (BCS) and Jefferies, for financing for its $25.5B bid for Sprint (S), reports The Wall Street Journal, citing people familiar with the matter. Reference Link
18:13 EDTSDish responds to Softbank claims in attempt to take control of Sprint
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15:29 EDTSSprint, Softbank say all necessary state regulatory approvals received
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09:39 EDTMDRXAllscripts downgraded to Outperform from Strong Buy at Raymond James
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09:02 EDTFBFacebook slips lower, breaks $25 threshold
The stock is down 1.5% in the pre-market to $24.77, breaking the psychologically important $25 support level. This move puts the shares at 3-month lows. At current price, next support is at $23.88, the 6-month low. Resistance is at $25.65.
08:09 EDTSDISH issues statement on SoftBank and CFIUS
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07:10 EDTSSoftBank would allow U.S. influence over Sprint operations, WSJ reports
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06:08 EDTSOn the Fly: Periodicals Wrap-Up
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May 22, 2013
19:40 EDTBXBlackstone, ProLogis pay $960M for warehouse portfolio, Reuters reports
Blackstone (BX) and ProLogis (PLD) have agreed to pay $960M for a portfolio of warehouse and distribution centers majority owned by Lehman Brothers, reports Reuters, citing two sources familiar with the deal. Reference Link
15:43 EDTSClearwire holder group sees Sprint offer as still too low
Clearwire (CLWR) shareholders Mount Kellett, Highside Capital, Glenview Capital and Chesapeake Partners, who collectively reported an 18.2% stake in Clearwire, stated in a regulatory filing that they continue to believe that the proposed price offered by Sprint (S) for Clearwire is too low.
14:27 EDTFBcomScore says Google Sites lead April U.S. online video rankings
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