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Stock Market & Financial Investment News

News Breaks
October 23, 2012
05:55 EDTLVLT, LVLT, TU, TU, S, S, TCL, TCL, AKAM, AKAM, WIN, WIN, CTL, CTL, RCI, RCI, CCOI, CCOI, VZ, VZ, EQIX, EQIXCapacity Media to host a conference
2012 Capacity North America Conference is being held in Toronto on October 23-24.
News For LVLT;VZ;CCOI;RCI;CTL;WIN;AKAM;TCL;S;TU;EQIX From The Last 14 Days
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May 24, 2013
09:28 EDTSDISH looking to develop broadband service, says Wells Fargo
After DISH (DISH) agreed to develop a fixed-mobile broadband service with nTelos (NTLS), Wells Fargo does not believe that DISH is looking to build a network. Rather, the firm thinks that DISH is looking to build a broadband service that is likely to operate on Sprint's (S) spectrum. The firm views the nTelos deal positively as it gives DISH a head start in developing a broadband offering in case it acquires Sprint. The firm keeps an Outperform rating on Sprint.
May 23, 2013
19:45 EDTSCrest reiterates opposition to Sprint-Clearwire merger
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19:37 EDTSDISH secures $9B in financing for Sprint deal, WSJ reports
DISH (DISH) has received commitment letters from five banks, including Barclays (BCS) and Jefferies, for financing for its $25.5B bid for Sprint (S), reports The Wall Street Journal, citing people familiar with the matter. Reference Link
18:13 EDTSDish responds to Softbank claims in attempt to take control of Sprint
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15:29 EDTSSprint, Softbank say all necessary state regulatory approvals received
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08:09 EDTSDISH issues statement on SoftBank and CFIUS
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07:43 EDTAKAMAkamai price target raised to $51 from $46 at Canaccord
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07:10 EDTSSoftBank would allow U.S. influence over Sprint operations, WSJ reports
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06:08 EDTSOn the Fly: Periodicals Wrap-Up
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May 22, 2013
17:45 EDTCTLCenturyLink eligible for at least $90M in Connect America Funds
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15:43 EDTSClearwire holder group sees Sprint offer as still too low
Clearwire (CLWR) shareholders Mount Kellett, Highside Capital, Glenview Capital and Chesapeake Partners, who collectively reported an 18.2% stake in Clearwire, stated in a regulatory filing that they continue to believe that the proposed price offered by Sprint (S) for Clearwire is too low.
14:06 EDTSGoogle’s X Phone confirmed for Sprint, BGR says
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10:06 EDTAKAMAkamai mentioned cautiously at Pacific Crest
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09:09 EDTSClearwire board recommends holders vote for increased offer from Sprint
Clearwire (CLWR) announced that its Special Committee of the board have each approved the revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. The Special Committee of the board determined that the revised offer, when compared with other potential transactions reasonably available to the company at this time, is the most favorable potential transaction to the company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals.
08:42 EDTVZVodafone an attractive way to play trends at Verizon Wireless, says RW Baird at RW Baird
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07:42 EDTVZBarclays to host a conference
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07:24 EDTVZNetEvents International to host a summit
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07:21 EDTAKAMMIT Sloan Alumni Club of Boston to hold a symposium
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07:08 EDTVZPhone companies start selling subscriber data, WSJ reports
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06:02 EDTVZOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
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