New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 22, 2014
08:01 EDTJEC, VZJacobs Engineering to acquire Verizon's FNS subsidiary
Jacobs Engineering Group (JEC) has entered into an agreement to acquire Federal Network Systems, a subsidiary of Verizon Communications (VZ) headquartered in Ashburn, Va. Company officials did not disclose the terms of the agreement, but noted that the closing of the transaction is subject to various conditions and is expected to occur in the summer of 2014. FNS provides systems integration and communication, information technology and data security solutions for the global market; with particular focus on supporting the Intelligence Community, the Department of Defense, and federal civilian customers.
News For JEC;VZ From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
February 26, 2015
13:00 EDTVZFCC votes in favor of adopting net neutrality proposals
The Federal Communications Commission voted 3 to 2 in favor of adopting new open Internet, or "net neutrality," rules. FCC Chairman Tom Wheeler has proposed that the FCC use its Title II authority to implement and enforce open Internet protections, with "bright-line" rules to ban paid prioritization and the blocking and throttling of lawful content and services. However, Wheeler said his proposal will "modernize" Title II, insuring there will be no rate regulation, no tariffs, and no last-mile unbundling. Major Internet Service Providers, including AT&T (T), Comcast (CMCSA), and Verizon (VZ), have opposed FCC Chairman Wheeler's proposals to treat Internet service similar to a utility. Other companies that provide Internet services include Time Warner Cable (TWC), CenturyLink (CTL), DIRECTV (DTV), Cablevision (CVC) and Lumos Networks (LMOS). Netflix (NFLX) has strongly supported open Internet provisions. Cogent Communications (CCOI) and Level 3 Communications (LVLT) are facilities-based providers of Internet access and Internet Protocol communications services that are likely to be impacted by FCC rules on net neutrality.
12:55 EDTVZFCC Chair says open Internet proposals not a plan to control the Internet
Subscribe for More Information
07:32 EDTVZThe FCCto hold an open commission meeting on net neutrality
Subscribe for More Information
February 24, 2015
12:13 EDTVZU.S. Cellular lowering prices on shared connect plans
Subscribe for More Information
07:46 EDTJECJacobs Engineering awarded contract from Bristol-Myers
Jacobs Engineering Group (JEC) announced that it received a contract from Bristol-Myers Squibb Company (BMY) to provide architectural and engineering services for a new large-scale biologics manufacturing facility in Cruiserath, County Dublin, Ireland. The facility is being designed to produce multiple therapies for the company’s robust and growing portfolio of approved and investigational biologic medicines, and to increase Bristol-Myers Squibb’s biologics manufacturing capacity. The new facility is expected to include multiple large scale bioreactors, a purification area, as well as office and laboratory space. Bristol-Myers Squibb’s Board of Directors has approved initial funding that will support the first phase of the project, with the full cost of the facility expected to be finalized in the second half of 2015. The facility is estimated to be operational in 2019.
07:25 EDTJECRW Baird to hold a conference
Subscribe for More Information
February 23, 2015
12:28 EDTVZGoogle reaches deal with wireless carriers, acquires Softcard tech, Re/code says
Subscribe for More Information
09:02 EDTVZVerizon to sell BlackBerry Classic for $100, CrackBerry says
Subscribe for More Information
February 20, 2015
13:56 EDTVZAT&T VP critical of Dish auction tactics
AT&T (T) VP of Federal Regulatory Joan Marsh stated in a post to a corporate blog that FCC Auction 97 represents "hard evidence that there is significant continuing interest in licensed spectrum... It didn't matter that it was mid-band spectrum. It mattered only that it was broadband spectrum." Marsh notes that Dish (DISH) won more licenses than any other bidder though "none of that spectrum is currently supporting commercial wireless services," with her suggestion being that "auctions should be designed to ensure that licenses go to those willing to deploy networks – not speculators or stockpilers...The government should continue to place a high priority on allocating new licensed bands to the wireless industry." Marsh continues her analysis of Dish, claiming the double and triple-bidding activity carried out by its two designated entities "circumvented auction activity rules, masked actual demand and distorted the auction," as they were able to win significant allocations while enjoying a 25% small business discount. In response to Dish claims that all companies use DEs, Marsh replies that "in more recent auctions... bidders like AT&T, Verizon (VZ) and T-Mobile (TMUS) had no DE relationships, participated directly and paid full price for their licenses." Reference Link
February 19, 2015
06:24 EDTVZVerizon names John Stratton as head of wireless and wireline operations
Verizon said in a filing that on February 17, the company reorganized its operating structure. John G. Stratton, formerly Verizon’s EVP and President – Global Enterprise and Consumer Wireline, has been appointed to a new role as EVP and President of Operations, with operational responsibility for Verizon’s wireless and wireline businesses. Stratton will continue to report to Lowell C. McAdam, Chairman and CEO of Verizon. Daniel S. Mead, formerly Verizon’s EVP and President and CEO– Verizon Wireless, has been appointed to a new role as EVP and President of Strategic Initiatives, with responsibility for directing the transfer of Verizon’s wireline operations in California, Florida and Texas to Frontier Communications Corporation. Mead will continue to report to McAdam. Mead expects to retire following the completion of the strategic initiatives on which he is working.
February 18, 2015
07:13 EDTVZNational Association of Regulatory Utility Commission to hold a meeting
Subscribe for More Information
07:07 EDTJECBarclays to hold a conference
Industrial Select Conference is being held in Miami on February 18-19.
February 17, 2015
18:06 EDTVZPaulson & Co gives quarterly update on stakes
Subscribe for More Information
16:22 EDTVZOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTVZOptions Update; February 17, 2015
Subscribe for More Information
10:41 EDTVZCablevision downgraded to Sell from Neutral at UBS (pre-open)
Subscribe for More Information
10:39 EDTVZCablevision sinks after analyst sees Verizon threat, cuts to sell
Subscribe for More Information
09:58 EDTVZVerizon says 'pleased' with 181 spectrum licenses acquired for $10.4B
Subscribe for More Information
07:49 EDTJECJacobs selected as executive architect for new Wynn Resorts development
Jacobs Engineering Group has been selected as Executive Architect and Engineer for the new Wynn Resorts development in Everett, Mass. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is leading a local team of architects and engineers assembled to take on the technically complex assignment of converting a former industrial site on the Everett waterfront to a $1.6B luxury resort that is being designed to echo grand hotels of the past. Construction is expected to begin by late summer of 2015 with a grand opening targeted for first quarter 2018.
06:15 EDTVZCiti sees three options for DISH, including sale to Verizon
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.

I agree to the theflyonthewall.com disclaimer & terms of use