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Stock Market & Financial Investment News

News Breaks
October 22, 2012
06:39 EDTLULU, CLWRStocks with implied volatility movement; LULU CLWR
Stocks with implied volatility movement; lululemon (LULU), Clearwire (CLWR) according to iVolatility.
News For LULU;CLWR From The Last 14 Days
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May 21, 2013
09:48 EDTCLWRClearwire resumes trading, up 3.7% to $3.38
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09:32 EDTCLWRClearwire to resume trading at 9:45 am ET
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09:23 EDTCLWRClearwire receives increase offer from Sprint
Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint.
09:22 EDTCLWRClearwire receives increase offer from Sprint
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09:03 EDTCLWRSprint increases offer for Clearwire to $3.40 per share from $2.97
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09:01 EDTCLWRSprint increases offer for Clearwire to $3.40 per share
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08:57 EDTCLWRSprint to raise bid for Clearwire above $2.97 prior offer, DJ says
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08:55 EDTCLWRClearwire trading halted, pending news
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06:03 EDTCLWRClearwire to postpone today's vote on Sprint deal, NY Post reports
Clearwire (CLWR) will postpone today's shareholder vote on Sprint's (S) $2.97 per share takeover offer, New York Post reports. Reference Link
May 20, 2013
10:55 EDTCLWRCrest asks Clearwire holders to wait until control of Sprint resolved for action
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May 17, 2013
07:46 EDTCLWRClearwire investors to force Sprint to up bid, Reuters reports
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May 13, 2013
09:50 EDTCLWRClearwire sends letter urging stockholders to vote 'for' proposed Sprint transaction
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May 10, 2013
17:16 EDTCLWRCrest Financial takes first step to perfect appraisal rights of Clearwire shares
Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire (CLWR), has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire that it beneficially owns. The Delaware law permits Clearwire shareholders electing to exercise their appraisal rights to ask the Delaware Court of Chancery to determine the fair value of their Clearwire common stock if the Sprint (S)-Clearwire merger is consummated and certain other conditions are satisfied. The law states that a Clearwire stockholder that votes FOR the Sprint-Clearwire merger cannot elect to exercise its appraisal rights. Crest has long argued that the price Sprint Nextel is offering to pay Clearwire stockholders for their shares is highly inadequate, that the merger was structured in a way that unfairly disadvantages minority stockholders and that Clearwire would be better off if it remained a stand-alone company. Crest also commended Glass, Lewis & Co., a leading proxy advisory firm, for its recommendation urging that Clearwire stockholders vote against the proposed merger with Sprint. Crest said is strongly disagreed with the view of ISS that the Sprint-Clearwire merger should succeed.
12:17 EDTCLWRISS recommends Clearwire holders vote 'FOR' proposed transaction with Sprint
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09:23 EDTCLWRSprint says ISS recommends Clearwire shareholders vote in favor of merger
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May 9, 2013
18:12 EDTCLWRSoftbank CEO says Sprint takeover to offer pricing advantage, WSJ reports
In an interview with The Wall Street Journal, Softbank (SFTBF) CEO Masayoshi Son said the proposed takeover of Sprint (S) will allow the combined company to bring a pricing advantage to the U.S. wireless market. The report also says Son has assured regulators networking equipment from Huawei Technologies would be removed from Clearwire's (CLWR) network as a condition for getting approval. Reference Link
15:09 EDTCLWRSoftbank CEO says Sprint wouldn't allow Clearwire bankruptcy filing, DJ reports
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14:06 EDTCLWRCrest Financial issues statement urging Clearwire holders vote against merger
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May 8, 2013
10:56 EDTLULULululemon Athletica volatility at low end of historic range
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10:40 EDTLULUSalesforce.com, Yelp rumored as potential Sohn short mentions, Kass says
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