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Stock Market & Financial Investment News

News For OIIM;ALXA;MOTR;T;GRPN From The Last 14 Days
Check below for free stories on OIIM;ALXA;MOTR;T;GRPN the last two weeks.
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July 17, 2014
09:06 EDTTAT&T and town of Carrboro sign agreement for 1 Gigabit network
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July 16, 2014
14:03 EDTTNetflix submits FCC comments on proposed Net Neutrality rules
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13:05 EDTTVerizon, Comcast, AT&T viwed as 'logical' Time Warner bidders, Bloomberg says
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12:42 EDTTTime Warner said to see Verizon,Comcast, AT&T as logical bidders, Bloomberg says
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07:43 EDTTSenate Commerce, Science & Transportation Committee holds a hearing
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July 15, 2014
08:03 EDTTPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
07:15 EDTTIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
July 14, 2014
11:17 EDTTDemand Media announces divestiture of Creativebug and CoveritLive
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10:34 EDTTAT&T joint venture acquires Creativebug from Demand Media for $10M
Otter Media, a joint venture between AT&T (T) and The Chernin Group, has acquired Creativebug from Demand Media (DMD), the companies announced earlier. Creativebug offers do-it-yourself video workshops featuring instruction from artists and designers. Demand Media confirmed in a regulatory filing earlier that it completed the sale of substantially all of the assets relating to its Creativebug business for $10.0M in cash. AT&T and The Chernin Group announced the formation of the joint venture to acquire, invest in and launch over-the-top video services previously on April 22.
09:31 EDTTAT&T, EPIX reach carriage agreement
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08:32 EDTTSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobiliís customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.
July 9, 2014
15:54 EDTTDISH expresses concerns over Comcast, AT&T deals to FCC
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09:23 EDTTAT&T exec sees connectivity, healthcare at forefront of wearables, Re/code says
Glenn Lurie, who heads AT&Tís (T) emerging-business efforts, said at the MobileBeat conference that he sees wearables devices needing their own Internet connectivity to take off and that he believes healthcare-focused devices, especially those serving the aging population, as a logical starting place for such devices, according to Re/code. Lurie also predicted that wearables will explode, ďjust like tablets," when a device maker cracks the code to making them easier to use. Reference Link
July 8, 2014
10:40 EDTGRPNGroupon bucks downtrend in tech after firm upgrades shares
Shares of Internet coupon provider Groupon (GRPN) are rising slightly in a down market after research firm B. Riley upgraded the stock to Buy from Neutral in a note to investors earlier today. WHAT'S NEW: About 25% of Groupon's gross billings in Q2 have easy year-over-year comparison and about 25% of its gross billings in Q3 will be in a similar situation, B. Riley stated. Meanwhile, technology upgrades on Groupon's overseas products should increase the company's productivity and its efforts to increase its margins on products it sells are becoming more effective, the firm stated. Groupon's gross billings growth, excluding acquisitions, should accelerate during the rest of the year, B. Riley forecast. Moreover, the margins on its earnings before interest, taxes, depreciation and amortization, excluding certain items, should rise to 15% by Q4 from 5% in Q1, according to B. Riley Along with upgrade of its rating, the firm raised its price target on the stock to $9.50 from $6. PRICE ACTION: In mid-morning trading, Groupon rose 0.5% to $6.50, while the S&P 500 was down 0.7% and the Nasdaq was down 1.4%.
10:28 EDTGRPNOn The Fly: Analyst Upgrade Summary
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09:52 EDTGRPNGroupon trades higher following upgrade, levels to watch
B. Riley upgraded the shares to Buy and raised its price target to $9.50 earlier today, noting the company is entering a period of easier comps, and is making operational improvements which should drive growth and margin expansion. At the current price of $6.60, the next resistance level is at $6.82 which is the session high. Resistance above the high is at $7.09. Support is at $6.35.
09:15 EDTGRPNOn The Fly: Pre-market Movers
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07:00 EDTTSprint tests discounted versions of Framily, individual plans, CNet reports
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06:59 EDTTMobile payments company Isis to change name
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06:05 EDTGRPNGroupon upgraded to Buy from Neutral at B. Riley
B. Riley upgraded its rating on shares of Groupon (GRPN) to Buy saying the company is entering a period of easier year-over-year comparisons while operational improvements should drive organic growth and margin expansion. The firm raised its price target for shares to $9.50 from $6.
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