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Stock Market & Financial Investment News

News Breaks
March 29, 2013
12:49 EDTDTEGY, PCSGlass Lewis urges MetroPCS shareholders to reject T-Mobile deal
P. Schoenfeld Asset Management, PSAM, announced that Glass Lewis, a leading provider of corporate governance services to institutional shareholders, has recommended MetroPCS (PCS) Communications shareholders vote against the proposed transaction between PCS and T-Mobile USA (DTEGY). Glass Lewis is the second independent proxy advisory firm that has recommended PCS shareholders vote against the proposed Transaction. On March 27, Institutional Shareholder Services, ISS, issued a report advising its clients to vote against the Proposed Transaction also. In its report, Glass Lewis stated, "We believe MetroPCS shareholders could likely realize additional value in the short-term if the Company remained a standalone company, given its continued strong performance and prospects, conducted a proper competitive sale process seeking additional competitive takeover proposals or attempted to secure improvements in the deal terms with Deutsche Telekom and T-Mobile. In our view, all of these options are likely superior, from a valuation standpoint, than the proposed transaction as presently constructed."
News For PCS;DTEGY From The Last 14 Days
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July 29, 2015
08:41 EDTDTEGYDeutsche Telekom, Boingo reach global roaming agreement
Deutsche Telekom (DTEGY) and Boingo Wireless (WIFI) announced a global roaming agreement benefitting Deutsche Telekom business customers. Boingo’s network of more than 1 million hotspots around the globe is now available to Deutsche Telekom’s business customers in more than 50 countries. Through the newly launched DTAG product “Business WiFi,” Deutsche Telekom business users can connect their mobile devices and laptops to Boingo’s high-performance Wi-Fi at key locations including some of the world’s largest airports, major hotels, and shopping and city centers, among other locations.
July 21, 2015
20:08 EDTDTEGYSky criticizes 'highly damaging' proposal to merge BT Group, EE
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July 16, 2015
15:04 EDTDTEGYDISH buyout talks with T-Mobile stalled, Bloomberg reports
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