News Breaks |
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| December 11, 2012 |
| 12:47 EDT |  | IQNT | Inteliquent to pay $9M as part of settlement agreement
Inteliquenttm announced that it has definitively settled a previously disclosed dispute with one of its largest customers relating to the termination of certain long distance traffic. As part of the settlement, Inteliquent will make a one-time payment of $9M in December to this customer. In addition to the settlement, Inteliquent and the customer have agreed to new terms that govern a portion of their commercial relationship. As a result, effective October 5, Inteliquent will continue to provide various voice services to the customer, but at pricing that is significantly lower than the previous rate structure. Also, the company will pay the customer a significant amount for certain long distance traffic that it terminates to the customer's network. Inteliquent also confirms that it is not aware of any similar material disputes with other telecom carriers. |
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| May 20, 2013 |
| 06:04 EDT | | IQNT | Neutral Tandem announces intention to declare special devidend of $1.25
The company also announced its intention to initiative a quarterly dividend of 6.25c per share. Both dividends are expected to be declared and paid within the next three months. |
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| May 17, 2013 |
| 11:17 EDT |  | IQNT | Ruckus Wireless volatility low, shares trend up on upgrade to Buy at Goldman
Ruckus Wireless June call option implied volatility is at 67, August is at 70, November is at 67; compared to its 20-week average of 73 according to Track Data, suggesting decreasing price movement. |
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| May 6, 2013 |
| 11:43 EDT |  | IQNT | High option volume stocks: GTE IQNT BRY ABFS EVEP
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| 10:04 EDT |  | IQNT | On The Fly: Analyst Upgrade Summary
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| 06:20 EDT | | IQNT | Neutral Tandem upgraded to Equal Weight from Underweight at Morgan Stanley
Morgan Stanley upgraded Neutral Tandem citing improving sales and cash flow following the Q1 earnings report. |
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