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Stock Market & Financial Investment News

News Breaks
December 26, 2012
11:25 EDTKT, VIVHYSouth Korea's KT Corp bids for Vivendi's Maroc Telecom stake, FT says
Vivendi (VIVHY) wants to sell its 53% stake in Maroc Telecom and South Korea's KT Corp (KT) has submitted a bid, the Financial Times says. Reference Link
News For KT;VIVHY From The Last 14 Days
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May 14, 2015
09:37 EDTKTKT Corporation upgraded to Equal Weight from Underweight at Barclays
May 12, 2015
13:20 EDTVIVHYVivendi makes offer for Canal Plus at EUR7.60 per share
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13:06 EDTVIVHYVivendi says talking to Spotify about streaming, Bloomberg reports
Vivendi (VIVHY) said on its earnings conference call that is having discussions with Spotify regarding a streaming service, Bloomberg reports. Apple's (AAPL) streaming service may affect music sales and margins, Vivendi noted. Shares of Spotify competitor Pandora (P) are up 36c to $18.53 in afternoon trading.
13:02 EDTVIVHYVivendi reports Q1 adjusted net income EU136M vs. EU109M last year
Reports Q1 revenue EU2.49B vs. EU2.32B last year.
May 11, 2015
13:17 EDTKTMicrosoft invests in subsea cables to connect datacenters globally
Microsoft (MSFT) announced in a blog post that over the past nine months, "Microsoft has been significantly investing in subsea and terrestrial dark fiber capacity by engaging in fiber partnerships that span multiple oceans and continents. And today, our connections across the Atlantic and Pacific just got stronger.We announced deals with Hibernia and Aqua Comms, in which Microsoft is investing in a cable with each company to connect Microsofts datacenter infrastructure from North America to Ireland and on to the United Kingdom. These cables will help deliver data at higher speeds, with higher capacity and lower latency for our customers across the globe. Additionally, we joined a consortium comprised of China Mobile (CHL), China Telecom (CHA), China Unicom (CHU), Chunghwa Telecom (CHT), KT Corporation (KT) with TE SubCom as the cable supplier. As part of our participation in the consortium, Microsoft will invest in its first physical landing station in the US connecting North America to Asia. The New Cross Pacific Cable Network will provide faster data connections for customers, aid Microsoft in competing on cloud costs, all while creating jobs and spurring local economies. The goal of our expansions and investments in subsea cables is so our customers have the greatest access to scale and highly available data, anywhere." Reference Link

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