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Stock Market & Financial Investment News

News Breaks
July 15, 2014
07:16 EDTPTPortugal Telecom may be hit by default from Espirito Santo investment, WSJ says
Portugal Telecom could be hit by a default from an investment it made with Espirito Santo International, which was found to be in a "seriously financial condition" by the country's central bank, the Wall Street Journal reports. PT previously disclosed that it had $1.22B in commercial paper from Espirito Santo's Rioforte. Reference Link
News For PT From The Last 14 Days
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October 24, 2014
09:40 EDTPTPortugal Telecom in sights of multiple PE firms, FT says
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09:37 EDTPTPortugal Telecom bids mulled by Bain, Apax, FT says
Financial Times reporter Arash Massoudi said on Twitter that Bain and Apax are "sizing up offers" for Portugal Telecom. Reference Link
October 13, 2014
09:28 EDTPTPortugal Telecom downgraded to Underweight from Neutral at HSBC
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