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Stock Market & Financial Investment News

News Breaks
November 19, 2012
12:41 EDTLEAP, PCS, DTEGYLeap discussed potential merger with MetroPCS, T-Mobile, Bloomberg says
Among the many scenarios explored before MetroPCS (PCS) agreed to merge with Deutsche Telekom's (DTEGY) T-Mobile USA unit was the possibility of a three- way merger with Leap Wireless (LEAP), according to a source reporting to Bloomberg. Shares of MetroPCS have been higher since the company revealed in a filing late Friday that it held talks with at least eight companies prior to its deal with T-Mobile. Shares of Leap, which have also been higher the whole session, took another leg up as Bloomberg reported, according to its source, that Leap is “Company E” in MetroPCS' filing. In early afternoon trading, Leap Wireless shares are up 42c, or about 7%. Reference Link
News For LEAP;PCS;DTEGY From The Last 14 Days
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July 31, 2014
13:37 EDTDTEGYDeutsche Telekom views Iliad offer for T-Mobile as inferior, Bloomberg says
Deutsche Telekom views Iliad's offer T-Mobile (TMUS) as inferior to Sprint's (S) and is not formally engaged in talks with the French company, Bloomberg reports, citing sources. Shares of T-Mobile are off their highs but remain up 6% while Sprint shares are off their lows.
July 18, 2014
09:18 EDTDTEGYSoftbank hire of Arora from Google 'interesting,' says Wells Fargo
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07:08 EDTDTEGYSoftbank, T-Mobile final agreement could come after late August, Kyodo News says
According to Kyodo News, Softbank's (SFTBF) buyout talks with T-Mobile (TMUS) won't be settled until after late August. Deutsche Telecom (DTEGY) is "reluctant" to accept Softbank's business plan and is seeking a new plan, industry sources say. Reference Link

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