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Stock Market & Financial Investment News

News Breaks
May 13, 2014
06:33 EDTVZ, PUBGY, MA, MDLZMajor advertisers shifting TV ad dollars to web video, WSJ reports
Major advertisers including MasterCard (MA), Verizon Wireless (VZ) and Mondelez (MDLZ) have moved some of the money they previously spent on TV over to online outlets in the past year, the Wall Street Journal reports. Publicis (PUBGY)-owned Starcom MediaVest says it shifted over $500M out of TV over the last year, 75% of which went to online outlets. Reference Link
News For MA;VZ;MDLZ;PUBGY From The Last 14 Days
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December 9, 2014
14:57 EDTVZTelecom equipment stocks rally after Verizon CFO comments on wireless CapEx
Telecom equipment stocks, which opened lower, rallied after Verizon (VZ) CFO Fran Shammo said he sees wireless CapEx continuing to trend upward. Shammo, speaking at the UBS 42nd Annual Global Media And Communications Conference, said, "The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Ciena (CIEN), JDSU (JDSU), and Finisar (FNSR) all reversed earlier losses. PRICE ACTION: In afternoon trading, Ciena is up 1.5%, JDS Uniphase is up 3.8%, and Finisar is up 4.5%. Verizon, which was downgraded this morning to Neutral from Buy by RW Baird, is trading down almost 5%.
12:25 EDTVZOn The Fly: Midday Wrap
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10:38 EDTVZVerizon CFO Shammo says not interested in doing large international M&A deal
CFO Fran Shammo sees wireless CapEx continuing to trend up, sees wireline CapEx continuing to trend down. Says does not believe wireless CapEx will decline. Shammo commented that ""The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Says dividend policy "very important." Says doesn't see share buybacks until balance sheet is delevered.
10:28 EDTVZVerizon drops after warning about promotional impact on profits
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10:27 EDTVZVerizon CFO says would sell towers for 'right price, right terms'
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10:23 EDTVZOn The Fly: Analyst Downgrade Summary
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10:17 EDTVZVerizon CFO Shammo says sees promotional pricing 'settling down' in 2015
Says Q4 has been a "pretty exciting" period, says seeing increase in activations, but seeing some increase in churn as well. Says has seen high volume in Q4 sales. Says continues to see strong momentum for wireless customer growth in Q4. Sees promotional pricing "settling down" in 2015. Shammo says social media, press has built this up as a price war; says rival's half-priced promotion "not as dramatic" as it looks. Says tablets a "tremendous" growth area for industry. Says streaming TV to mobile to begin in mid-2015. Says that over time, company believes can increase margins. Comments made at the UBS Global Media & Communications Conference. Verizon shares are down 3.8% to $47.04 in morning trading.
09:38 EDTVZActive equity options trading
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08:52 EDTPUBGYPublicis extends tender offer to acquire Sapient
Publicis Groupe S.A. (PUBGY) announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Sapient (SAPE) for $25.00 per share in cash. The Offer will now expire at the end of the day, immediately after 11:59 p.m., New York City time, on December 23, unless it is further extended. All other terms and conditions of the Offer remain unchanged.
07:40 EDTVZVerizon competition increased, company should be able to respond, says Canaccord
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07:32 EDTVZUBS to hold a conference
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06:15 EDTVZVerizon downgraded at RW Baird
As previously reported, Baird downgraded Verizon to Neutral from Outperform. The firm downgraded shares citing last night's negative pre-announcement due to increasing competitive concerns, margin pressures, higher churn, and full valuation. Price target lowered to $50 from $54.
06:01 EDTVZVerizon downgraded to Neutral from Outperform at RW Baird
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December 8, 2014
18:24 EDTVZOn The Fly: After Hours Movers
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17:05 EDTVZVerizon sees Q4 impacts of promotional offers will pressure wireless EBITDA, EPS
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14:50 EDTMAVisa price target raised to $295 from $260 at Argus
Argus raised its FY15 and FY16 adjusted EPS estimates for Visa (V) and correspondingly increased its price target on the stock to $295 from $260. The firm, which keeps a Buy rating on Visa, expects rising transaction volume to lead to higher consensus earnings estimates and believes the stock should trade at a higher multiple than peer MasterCard (MA), given its faster EPS growth rate and more consistent earnings performance.
09:04 EDTMAMasterCard, Dynamics announce joint commercial initiative
In conjunction with the Series C funding announcement issued earlier, MasterCard and Dynamics Inc. also announced a joint commercial initiative to drive innovation in the interactive payment card market. The collaboration enables MasterCard to offer exclusive Dynamics products to its issuers globally, providing consumers with added choice, flexibility and security at the point of sale.
December 5, 2014
16:52 EDTMADow just below 18K as market finishes week with gains
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10:00 EDTPUBGYOn The Fly: Analyst Downgrade Summary
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05:37 EDTPUBGYPublicis downgraded to Neutral from Outperform at Exane BNP Paribas
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