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Stock Market & Financial Investment News

News Breaks
June 10, 2014
10:13 EDTNSR, ERICFCC public notice a negative for NeuStar, says Wells Fargo
Wells Fargo says the FCC last night filed a public notice on its website confirming that the North American Numbering Council is recommending Ericsson's (ERIC) Telecordia to run the local number portability administrator contract. Wells views the headline as negative for NeuStar (NSR), but reiterates that with legal delays and a likely lengthy transition period, it expects NeuStar to retain revenue from the contract through mid 2016 and possibly into 2017. It has a Market Performr rating on NeuStar.
News For NSR;ERIC From The Last 14 Days
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August 22, 2014
16:20 EDTNSROn The Fly: Closing Wrap
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14:10 EDTNSRNeuStar considers potential sale amid private equity interest, Reuters says
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14:01 EDTNSRNeuStar trading up 8% after Reuters reports the company mulling sale
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13:58 EDTNSRNeuStar mulls launching sale process amid private equity interest, Reuters says
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06:46 EDTERICEricsson contract with MTS upped to exceed $1.5B, Reuters says
Russia's MTS said that it had raised the value of its contract with Ericsson to exceed $1.5B, reported Reuters. MTS noted that it agreed to an extra $286M contract with the Swedish company for the broadening and modernization of its 2G, 3G and LTE networks throughout Russia. Reference Link
August 20, 2014
05:20 EDTERICEricsson to upgrade Vodafone Australia network
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