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Stock Market & Financial Investment News

News Breaks
March 10, 2014
09:08 EDTRGDO, VOD, MONT, BSPM, NIHD, CQB, RVLT, T, DDDOn The Fly: Pre-market Movers
HIGHER: Montage Technology (MONT), up 19.5% after receiving$21.50 per share non-binding acquisition proposal from Shanghai Pudong Science and Technology... Chiquita Brands (CQB), up 15% after to combine with Fyffes in stock-for-stock transaction... Regado (RGDO), up 46% after announcing FDA designates REG1 for Fast Track development... Revolution Lighting (RVLT), up 26% after acquiring Value Lighting, affiliates for $35.6M... NII Holdings (NIHD), up 5% after retaining financial visors to explore strategic alternatives. LOWER: 3D Systems (DDD), down 4.7% after cautious mention in this weekend's Barron's magazine... Biostar Pharmaceuticals (BSPM), down 7% after entering into securities purchase agreement... Vodafone (VOD), down 3.4% after FT says AT&T (T) CEO downplays speculation of Vodafone bid.
News For MONT;DDD;CQB;VOD;T;NIHD;RGDO;RVLT;BSPM From The Last 14 Days
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April 19, 2015
17:27 EDTVODIndia asks Vodafone to re-evaluate tax returns, Reuters says
The Indian tax authority has issued a notice to Vodafone asking for a re-evaluation of its 2009 and 2010 tax returns, reports Reuters, citing news channel ET Now. Reference Link
April 15, 2015
06:46 EDTTAT&T files lawsuit to challenge net neutrality order, WSJ says
AT&T filed a lawsuit to overturn the FCC's net neutrality order to reclassify the internet as a telecommunications service, reports the Wall Street Journal. The move is surprising, as AT&T didn't join in prior suits, the Journal adds. Reference Link
April 14, 2015
12:40 EDTTPCTEL lowers FY15 revenue to $124M-$130M from $133M-$138M, two estimates $130M
Following its March 5 acquisition of Nexgen Wireless, PCTEL (PCTI) reported in a regulatory filing earlier that on April 7, Samsung Electronics America, a Samsung (SSNLF) subsidiary, provided Nexgen and PCTEL with a notice of Samsungís election to terminate, effective April 30, the contractor services agreement between Samsung and Nexgen. Nexgen furnishes services to Samsung under the CSA including Meridian software-based services and contract personnel. The termination applies to the CSA only and will have no effect on other agreements between Samsung and Nexgen or PCTEL. The company continues to forecast 15%-18% revenue growth over FY14 and views the Nexgen acquisition as accretive to earnings in FY15. The company has revised its overall revenue forecast for FY15 in light of reduced business with Samsung, the reduction in capital spending by AT&T (T), and a decline in new network infrastructure investment in the oil and gas market. The company has revised revenue guidance from $133M-$138M to $124M-$130M. Finally, the company and Nexgen have signed a term sheet calling for a material reduction of the total consideration paid or payable by PCTEL for the Nexgen assets, and a material reduction of the equity compensation for which John Thakkar, the founder and president of Nexgen, will be eligible. These reductions seek to align the asset acquisition costs with the revised revenue and EBITDA estimates.
April 13, 2015
20:16 EDTTUSTelecom files net neutrality lawsuit against FCC
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06:00 EDTDDDStocks with implied volatility above IV index mean; DDD HOT
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April 10, 2015
05:52 EDTDDDStocks with implied volatility above IV index mean; DDD HOT
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April 8, 2015
13:11 EDTTAT&T to pay $25M civil penalty for consumer privacy violations
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April 7, 2015
10:28 EDTVODMavenir announces VoLTE launch with Vodafone Germany
Mavenir Systems (MVNR) announced its VoLTE application solution was launched by Vodafone Germany (VOD), who announced during CEBIT 2015 the first commercially available VoLTE service in the European market. Mavenirís virtualized VoLTE application solution consists of its IMS Telephony Application Server, Application Gateway and Media Resource Function.
07:34 EDTTMobileIron announces availability of AT&T Work Platform
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05:57 EDTDDDStocks with implied volatility above IV index mean; CMG DDD
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