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Stock Market & Financial Investment News

News Breaks
July 16, 2014
09:58 EDTNTLS, DISHNTELOS, DISH expand Internet service pact to Virginia
DISH (DISH) and nTelos Wireless (NTLS) are now offering high-speed Internet service to residents in Virginia including parts of Charlottesville, Waynesboro, Staunton, Harrisonburg and Roanoke. As previously announced, the companies began with a pilot program and are now expanding the service availability. NTELOS CEO James Hyde said, "Results from the first phase of the program were encouraging. We are excited to begin this important next step to the original trial by adding customers in select markets, which will allow both companies to further evaluate the viability of a full commercial launch." Wireless high-speed Internet is available for $29.99 per month when bundled with a qualifying package of DISH's satellite TV service.
News For NTLS;DISH From The Last 14 Days
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January 21, 2015
11:28 EDTDISHDISH found liable for 'tens of millions' of telemarketing violations by court
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08:36 EDTNTLSNTELOS remains takeout candidate over next year, says FBR Capital
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January 20, 2015
19:27 EDTDISHDISH Slingbox, Hopper features upheld in copyright ruling
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06:14 EDTNTLSNTELOS sees FY14 adj. EBITDA at or above mid-point of guidance $128M-$132M
For the year ending December 31, 2014, the Company expects to be at or above the mid-point of its previous FY14 Adjusted EBITDA guidance of between $128.0M-$132.0M. FY14 Adjusted EBITDA reflects consolidated operations in both the Eastern and Western Markets. "The solid subscriber results in a very competitive environment reflect continuing positive net ports and our stronger competitive position in the Western Markets, which we expect to further improve upon as we focus our energies on growing market share in the region," said the company. "At the same time, we remain on target with our objective of increasing operating efficiencies and believe that we are well-positioned to capitalize on our momentum as we move into 2015."
06:12 EDTNTLSNTELOS to sell most of its wireless towers
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January 15, 2015
18:03 EDTDISHDISH, Fox News reach content carriage agreement
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January 14, 2015
17:19 EDTDISHDISH being questioned by FCC over Sling online TV service, Re/code reports
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16:33 EDTDISHOn The Fly: Closing Wrap
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10:28 EDTDISHViacom carriage deal with DISH goes until 2016, Faber says
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06:28 EDTDISHViacom downgraded to Sell from Buy at Citigroup
Citigroup downgraded Viacom (VIAB) two notches to Sell from Buy and lowered its price target for shares to $62 from $88. Citi says its new price target assumes a 50% probability that DISH (DISH) drops Viacom's channels. The firm sees 30% share downside risk should such an event occur. Citi lists two potential M&A deals that could offset the downside risk: Viacom acquiring CBS (CBS), which it feels would be neutral for the stock, or another media firm acquiring Viacom, which it feels could drive 20% upside for Viacom shares. Citi assumes a 10% probability of Viacom getting bought out.

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