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Stock Market & Financial Investment News

News Breaks
January 31, 2014
11:35 EDTLEAP, JCP, BID, TMUS, ARCPOptions with increasing implied volatility: JCP BID TMUS ARCP LEAP
News For JCP;BID;TMUS;ARCP;LEAP From The Last 14 Days
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April 17, 2014
13:47 EDTBIDSotheby's issues presentation refuting Third Point's claims
Sotheby's issued an investor update presentation refuting claims made by Dan Loeb's Third Point, which holds a considerable stake in the company and is seeking to place members on the company's board, among other things. Sotheby's said, in part, that it has, "consistently delivered strong, long-term performance and is executing a clear strategy to drive continued growth and profitability." The company said that its FY13 revenue grew 11% with earnings growing 20%, and the company notes that Loeb has said the company did not have a strong FY13. Sotheby's said that it does not believe Loeb possesses the long-term focus necessary to drive value for all shareholders of the company. Shares of Sotheby's are unchanged in afternoon trade. Reference Link
April 15, 2014
07:38 EDTBIDLoeb says Sotheby's accusations 'misleading,' Reuters says
Activist investor Daniel Loeb, who is fighting to gain control of three board seats at Sotheby's, increased tension by saying that the current board has failed and that its accusations on him are "false" and "misleading," according to Reuters, citing comments from Loeb. Reference Link
April 14, 2014
09:10 EDTTMUST-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTTMUST-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
06:40 EDTTMUSNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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April 11, 2014
14:26 EDTJCPCBL & Associates expects more J.C. Penney closures
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April 9, 2014
12:43 EDTBIDThird Point launches ValueSothebys.com
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11:15 EDTTMUST-Mobile unveils $40 monthly price plan called 'Simple Starter'
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07:09 EDTARCPAmerican Realty initiated with a Hold at Stifel
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06:37 EDTBIDSotheby's says Loeb slate 'adds no incremental relevant expertise'
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April 8, 2014
11:42 EDTJCPStocks with call strike movement; P JCP
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07:52 EDTTMUSComcast, Time Warner execs go before critic at hearing, Reuters says
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April 7, 2014
06:28 EDTJCPStocks with implied volatility below IV index mean; SWY JCP
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April 4, 2014
12:02 EDTBIDThird Point seeks support for nominees in letter to Sotheby's holders
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11:31 EDTJCPStocks with call strike movement; JCP TWTR
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11:02 EDTTMUSSoftbank said to eye possible M&A opportunities in Europe, Forbes says
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08:07 EDTTMUSRegulators 'increasingly open' to Sprint, T-Mobile merger, says FBR Capital
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06:36 EDTTMUST-Mobile to offer $100 credit to Blackberry customers, Re/code reports
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06:07 EDTJCPStocks with implied volatility below IV index mean; JCP PLUG
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