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Stock Market & Financial Investment News

News Breaks
February 11, 2013
08:33 EDTMITLMitel reports preliminary Q3 revenue approximately $142M, consensus $144.11M
The company also confirmed that preliminary gross margin is within the guidance range previously provided, and that non-GAAP operating expenses for the quarter are expected to be 42%-43% of revenue, which is favorable to previously provided guidance.
News For MITL From The Last 14 Days
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November 18, 2014
07:27 EDTMITLShoreTel weakness on Mitel dropped bid a buying opportunity, says Stephens
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05:09 EDTMITLShoreTel issues statement regarding Mitel withdrawal
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November 17, 2014
12:04 EDTMITLShoreTel falls after Mitel withdraws acquisition proposal
Earlier today, Mitel (MITL) announced that it has withdrawn its proposal to acquire all outstanding shares of ShoreTel (SHOR) common stock. The decision to terminate the proposal early was made in light of the repeated refusal of ShoreTel's board of directors to engage in discussions of any kind regarding a potential transaction. Shares of ShoreTel are lower by over 9% to $7.43 while Mitel is up fractionally in midday trading.
November 12, 2014
16:12 EDTMITLShoreTel board rejects Mitel's proposal of $8.50 per share
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08:12 EDTMITLMitel announces partnership with IPVALUE
Mitel has selected IPVALUE Management as its partner to commercialize its patent portfolio. Under the multi-year agreement, IPVALUE will be responsible for originating and executing transactions related to patent licensing and sales across Mitel's entire portfolio worldwide.

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