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Stock Market & Financial Investment News

News Breaks
August 1, 2014
06:51 EDTILIAF, BNPQY, TMUS, HSBCBNP, HSBC chosen to finance Iliad bid for T-Mobile stake, Reuters says
HSBC (HSBC) and BNP Paribas (BNPQY) have been selected by Iliad (ILIAF) to finance its $15B offer for a 56.6% stake in T-Mobile (TMUS) U.S., according to Reuters, citing one person familiar with the situation. Reference Link
News For HSBC;BNPQY;ILIAF;TMUS From The Last 14 Days
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November 25, 2015
13:27 EDTHSBCSantander, CaixaBank among biggest Abengoa lenders, Bloomberg says
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09:05 EDTTMUST-Mobile offers extra $200 to customers switching from Sprint
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November 24, 2015
10:58 EDTHSBCHSBC to eliminate 2,000 jobs in commercial banking division, Bloomberg says
HSBC plans to cut 2,000 jobs in its commercial bank as part of cost reduction efforts, Bloomberg reports, citing a person briefed on the matter. The cuts started a week ago and are expected to take two years, the report says. Reference Link
06:02 EDTBNPQYBNP Paribas among companies interested in GE unit, Reuters reports
BNP Paribas (BNPQY), La Banque Postale and CM-CIC are said to be interested in buying the European factoring division of General Electric (GE), Reuters reports, citing a report from Les Echos. According to Les Echos, firms offers for the unit, which could value the business at EUR700M-EUR1B, are expected today. BNP Paribas is said to be interested in the business in France and Germany, the report says. Reference Link
November 23, 2015
06:33 EDTHSBCHSBC close to relocating out of the U.K., Business Insider says
HSBC will "very likely" go ahead with its headquarters relocation after some of its major shareholders declared publicly that they would support a move, Business Insider reports. The investors said that banks are frustrated with regulators "changing the goal posts," the report says. Reference Link
November 20, 2015
10:17 EDTTMUSHigh option volume stocks
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05:51 EDTBNPQYBNP Paribas to pay $59.8M in Swiss bank settlement, Bloomberg reports
BNP Paribas has agreed to pay $59.8M and revealed Swiss banking secrets in detail to avoid U.S. prosecution, reports Bloomberg. Some of the secrets include assets restructured into Liechtenstein-linked insurance policies, and a banker who agreed to communicate with one U.S. client by faxes or calls to a prepaid mobile phone. KBL and Bank CIC have also joined the program, paying $18.8M and $3.3M respectively. Reference Link
05:46 EDTBNPQYBNP Paribas dedicates EUR 15B in financing for renewable energy
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November 18, 2015
11:33 EDTTMUSSprint announces launch of LTE Plus network
In celebration of the launch of its new LTE Plus network, Sprint (S) is introducing the biggest wireless offer in U.S. history - 50% off the price of most Verizon (VZ), AT&T (T) and T-Mobile (TMUS) rate plans, the company says. New customers can sign up for this offer nationwide Nov. 20 through Jan. 7, 2016. LTE Plus, available today in 77 major markets, takes advantage of Sprint's rich triband spectrum portfolio, and it uses some of the world's most advanced technologies in wireless, such as carrier aggregation and antenna beamforming. Customers who switch get 50 percent off most current rate plan prices from their current carrier. AT&T, T-Mobile and Verizon customers switching to Sprint also can take advantage of iPhone Forever, where they are eligible to upgrade every time a new iPhone launches. Customers must port one line, and can add up to 9 additional lines on the account. Customers must choose from the 50 percent off rate plans available from their current carrier. Cricket and MetroPCS customers also can switch and save 50 percent off their parent company's postpaid rates. 50 percent off pricing remains valid until Jan. 8, 2018, for activations between Nov. 20, 2015, and Jan. 7, 2016.
November 17, 2015
09:20 EDTTMUST-Mobile shares attractive, likley to be acquired, says Cowen
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November 16, 2015
09:03 EDTTMUSGabelli to hold a symposium
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