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Stock Market & Financial Investment News

News For APOL;S;DISH;NUVA;HA;CLWR;HLF From The Last 14 Days
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August 26, 2015
05:30 EDTDISHDISH renews formal complaint with FCC against Sinclair Broadcast
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05:17 EDTDISHDISH says Sinclair Broadcast chooses to initiate channel blackout
Despite reaching an agreement on rates and all other terms for the carriage of the Sinclair local stations, DISH (DISH) said that this afternoon Sinclair Broadcast Group (SBGI) chose to begin the largest local channel blackout in the history of television, blocking DISH customers' access to 129 local channels in 79 markets across 36 states and the District of Columbia, and intentionally harming and exploiting millions of innocent consumers to gain negotiating leverage for carriage of an unrelated cable channel that it hopes to acquire but does not own today. Warren Schlichting, DISH senior vice president of programming, said, "Sinclair rejected our extension offer and has chosen to use innocent consumers as pawns to gain leverage for the economic benefit of Sinclair, while causing substantial harm and disruption to the lives of consumers." DISH and Sinclair had been making steady progress in their recent negotiations, and DISH was hopeful that they would come to a mutual agreement to renew carriage of the Sinclair local stations. In that spirit, DISH offered another short-term contract extension to Sinclair that would include a retroactive "true-up" when new rates were agreed upon, and would preserve the ability of DISH customers to access the Sinclair local stations while our negotiations continued. The "true-up" would ensure that Sinclair was made whole at the new rates for the period of any contract extension. Rather than accept DISH's good faith offer, Sinclair Broadcast Group chose to begin the largest local channel blackout in the history of television, blocking DISH customers' access to 129 local channels in 79 markets, and intentionally harming and exploiting millions of innocent consumers to gain negotiating leverage for carriage of an unrelated cable channel that it hopes to acquire but does not own today.
August 25, 2015
08:00 EDTHLFTwitter wants to move Herbalife suit to California, NY Post reports
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07:02 EDTNUVANuVasive exploring locations to build medical device facility
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06:06 EDTSStocks with implied volatility below IV index mean; S GOOG
Stocks with implied volatility below IV index mean; Sprint (S) 77, Google (GOOG) 41 according to iVolatility.
August 24, 2015
08:29 EDTNUVAWilliam Blair to hold a field trip
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August 20, 2015
08:02 EDTSFCC to hold a conference and workshop
2015 Supplier Diversity Conference & Workshop is being held at FCC Washington, D.C. offices on August 20 at 9:30 am. Webcast Link
August 19, 2015
13:30 EDTSOptions with increasing put volume;
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10:20 EDTS, DISHBig telecom firms put M&A on hold, CTFN reports
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08:22 EDTSSprint traffic levels increasing, says Pacific Crest
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August 18, 2015
18:35 EDTSSoftbank increases Sprint stake by roughly 16.8M shares
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11:34 EDTSSprint rises on plans to abandon two-year contracts
Sprint shares are higher this morning after the company's chief executive officer said that the carrier plans to move away from two-year contracts. WHAT'S NEW: In an interview with The Wall Street Journal, Sprint CEO Marcelo Claure said that the company will stop offering two-year contracts by the end of 2015 in favor of a "smartphone lease" model. Sprint began offering a lease option last year, The Journal noted, and Claure said the carrier is planning to move entirely to that model by the end of the year. As part of its shift, Sprint yesterday unveiled iPhone Forever, a new leasing plan that starts at $22 per month for an iPhone. WHAT'S NOTABLE: In a similar move earlier this month, Sprint rival Verizon (VZ) said it would drop phone subsidies and two-year contracts for new customers. T-Mobile (TMUS), another market rival, abandoned contracts over two years ago, leaving AT&T (T) as the only major U.S. carrier still offering to subsidize new smartphone purchases. Separately, Softbank (SFTBF), Sprint's primary stakeholder, disclosed last week that it increased its holdings in the company to approximately 80%, though the company said it does not plan for its stake in the carrier to exceed 85%. Meanwhile, a study released Tuesday by RootMetrics, an independent company that evaluates wireless networks, shows that Sprint is improving its network, having solidified third place nationally in overall performance, surpassing T-Mobile for the second consecutive six-month stretch. PRICE ACTION: Sprint is up 7c, or 1.52%, to $4.67 in morning trading.
10:17 EDTDISHDisney downgraded as Wells moves away from content providers
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08:22 EDTHAHawaiian Holdings management to meet with Sterne Agee CRT
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07:04 EDTNUVANuVasive appoints Johnson Lai as Chief Information Officer
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06:11 EDTDISHFCC: Dish can't apply $3.3B in credits in airwaves auction, AP reports
The FCC said that Dish Network may not apply $3.3B in small-business credits towards buying airwaves it acquired in a government auction, the Associated Press reports. Reference Link
August 17, 2015
18:12 EDTSSprint to move away from two-year contracts, WSJ says
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08:22 EDTSSprint customers can upgrade iPhone anytime, included in monthly rate
Sprint (S) announced that customers can upgrade their Apple (AAPL) iPhone anytime, included in their monthly rate. New and upgrade eligible Sprint customers can get iPhone for just $22 per month with iPhone Forever. Anytime customers don't have the latest iPhone, they are eligible to upgrade. They bring their iPhone, upgrade on the spot and away they go. It's that simple. iPhone Forever is available on any eligible Sprint rate plan and upgrade eligibility is always included in your price. New or existing customers who are upgrade eligible can bring in any smartphone and get a 16GB iPhone 6 model and their monthly rate will be reduced to just $15 until their next upgrade. As a special promotion, customers who get iPhone 6 and upgrade before December 31 continue with the discount price of $15 until their next upgrade.
August 16, 2015
14:24 EDTDISHDISH, Sinclair reach short term contract extension, ask for stay on FCC action
DISH Network (DISH) and Sinclair Broadcast Group (SBGI) announced they have agreed to a short term contract extension as they continue to negotiate a new retransmission agreement. The current agreement was set to expire Saturday night. "The extension preserves DISH customer access to 153 local channels in 79 markets nationwide," said DISH. DISH is asking the Federal Communications Commission to stay action on its verified retransmission complaint and request for preliminary injunctive relief as the two parties continue to negotiate.
14:19 EDTDISHDISH files FCC complaint against Sinclair ahead of potential channel blackout
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