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Stock Market & Financial Investment News

News Breaks
June 26, 2013
18:52 EDTPRGS, BGCP, PAYX, MLHR, CLWR, DISH, BKSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Progress Software (PRGS), up 9.3%. ALSO HIGHER: BGC Partners (BGCP), up 1.5% after the company said it sees second quarter revenue in-line with expectations. DOWN AFTER EARNINGS: Paychex (PAYX), down 2.6%... Herman Miller (MLHR), down 3.7%. ALSO LOWER: Clearwire (CLWR), down 2.1% to $4.98 per share after Dish (DISH) withdrew its tender offer for the company... Barnes & Noble (BKS), down 0.6% after the company disclosed it will not file its Form 10-K with the SEC on time.
News For PRGS;BGCP;PAYX;MLHR;CLWR;DISH;BKS From The Last 14 Days
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August 1, 2014
16:19 EDTDISHFCC proposes rules that may limit joint bidding in spectrum auctions
Roger Sherman, Wireless Telecommunications Bureau Chief, stated in a blog post that FCC Chairman Wheeler circulated a proposal to open new opportunities for small and growing businesses in the mobile marketplace with the purpose of providing "innovative, smaller companies the opportunity to build wireless businesses that can spur additional investment and bring more choices to consumers." The Notice of Proposed Rule Making being circulated proposes to update FCC rules in a way that "recognizes and confronts the challenges new entrants face in entering the wireless industry," Sherman said, adding "Perhaps most importantly, the NPRM recognizes the challenge of entering into a marketplace in which more than 95% of existing customers are served by the top four providers." Sherman wrote: "The proposal addresses another important issue also linked to the trend towards consolidation in the wireless industry. We must make sure that the biggest providers are not able to limit broad participation in the spectrum auction. As promised in the Mobile Spectrum Holdings Report and Order, we now seek comment on whether and how we should restrict the ability of wireless companies to combine their bids during an auction." Companies that may be impacted by FCC efforts to limit joint bidding on spectrum include Sprint (S), T-Mobile (TMUS), Verizon (VZ), AT&T (T), DirecTV (DTV) and DISH (DISH). Reference Link
July 31, 2014
08:25 EDTBGCPBGC Partners expects Cornish & Carey Commercial to close in mid-August
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08:24 EDTBGCPBGC Partners reports Q2 EPS 13c, consensus 13c
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July 30, 2014
11:43 EDTDISHDish Network August volatility elevated into Q2 and outlook
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July 23, 2014
07:22 EDTBGCPThomson Reuters partners with BGC Partners for OTC data coverage
Thomson Reuters (TRI) and BGC Partners (BGCP) announced a strategic agreement to expand customer access to over-the-counter pricing data. BGC's OTC pricing data is now available to customers of Thomson Reuters Eikon, its flagship financial markets desktop, Thomson Reuters Elektron Real Time, Tick History and DataScope Select, as well as BGC's trading system.
07:15 EDTBGCPThomson Reuters announces expanded partnership with BGC Partners
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