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Stock Market & Financial Investment News

News Breaks
January 2, 2013
06:41 EDTNTLSNTELOS downgraded to Neutral from Overweight at JPMorgan
JPMorgan believes NTELOS (NTLS) roaming income from Sprint (S) will decline by 50% when its contract expires after 2H 2015 and that Sprint is in a better position to overbuild in NTELOS' territory given its deal with Softbank. NTELOS price target was lowered to $10 from $20.
News For NTLS From The Last 14 Days
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January 21, 2015
08:36 EDTNTLSNTELOS remains takeout candidate over next year, says FBR Capital
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January 20, 2015
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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