Stock Market & Financial Investment News

News Breaks January 16, 2013 06:44 EDT FCX, CLWR Stocks with implied volatility below IV index mean; CLWR FCX Stocks with implied volatility below IV index mean; Clearwire (CLWR), Freeport McMoRan (FCX) according to iVolatility. News For FCX;CLWR From The Last 14 Days Check below for free stories on FCX;CLWR the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | all recent news | >> May 24, 2013 05:55 EDT CLWR Stocks with implied volatility movement; CLWR LIFE Subscribe for More Information May 23, 2013 19:45 EDT CLWR Crest reiterates opposition to Sprint-Clearwire merger Subscribe for More Information May 22, 2013 17:21 EDT FCX Domino's Pizza to replace Plains Exploration in S&P MidCap 400 as of May 30 Subscribe for More Information 15:43 EDT CLWR Clearwire 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. 09:09 EDT CLWR Clearwire board recommends holders vote for increased offer from Sprint Clearwire (CLWR) announced that its Special Committee of the board have each approved the revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. The Special Committee of the board determined that the revised offer, when compared with other potential transactions reasonably available to the company at this time, is the most favorable potential transaction to the company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals. May 21, 2013 13:43 EDT CLWR Clearwire reschedules special shareholder meeting Subscribe for More Information 13:36 EDT CLWR Clearwire holder Crest Financial protest company's delay of vote on merger Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (CLWR), protested the decision of the Clearwire Board of Directors to adjourn the Clearwire special meeting to consider Sprint's (S) increased offer price of $3.40 per share. Crest said that it has sent a letter to the Clearwire Board of Directors urging them to resist Sprint's new offer so that Clearwire can pursue direct offers through a competitive process once the bidding war over Sprint is concluded. Crest's letter to the Clearwire Board said, "Sprint's new offer for Clearwire still significantly undervalues Clearwire and its assets and provides no protections to minority stockholders." 12:11 EDT CLWR Follow-up: Clearwire upgraded to Market Perform from Sell at Janco Subscribe for More Information 12:08 EDT CLWR Clearwire upgraded to Market Perform from Sell at Janco 10:24 EDT CLWR Sprint, Clearwire deal likely gets done, says Wells Fargo Wells Fargo believes Sprint's (S) raised offer for Clearwire (CLWR) is likely enough to get the deal approved by shareholders. Wells has an Outperform rating on Sprint and Market Perform rating on Clearwire. 09:48 EDT CLWR Clearwire resumes trading, up 3.7% to $3.38 Subscribe for More Information 09:32 EDT CLWR Clearwire to resume trading at 9:45 am ET Subscribe for More Information 09:23 EDT CLWR Clearwire receives increase offer from Sprint Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint. 09:22 EDT CLWR Clearwire receives increase offer from Sprint Subscribe for More Information 09:03 EDT CLWR Sprint increases offer for Clearwire to $3.40 per share from $2.97 Subscribe for More Information 09:01 EDT CLWR Sprint increases offer for Clearwire to $3.40 per share Subscribe for More Information 08:57 EDT CLWR Sprint to raise bid for Clearwire above $2.97 prior offer, DJ says Subscribe for More Information 08:55 EDT CLWR Clearwire trading halted, pending news Subscribe for More Information 08:28 EDT FCX Plains Exploration announces special $3.00 dividend The dividend is payable to stockholders as of May 30. The dividend is conditioned upon and will be paid immediately prior to or upon the competition of PXP's merger with Freeport-McMoRan (FCX). The merger is expected to close on May 31, subject to the satisfaction of all conditions to closing. 07:55 EDT FCX Freeport McMoRan revised offer should secure merger vote, says Cowen Subscribe for More Information 1 | 2 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.