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Stock Market & Financial Investment News

News Breaks
January 8, 2013
17:58 EDTS, DISH, CLWRSprint issues statement on Clearwire transaction
Sprint (S) issued the following statement in response to Clearwire's (CLWR) announcement that a special committee of Clearwire's board of directors is considering a proposed transaction from DISH (DISH). "Sprint believes its agreement to acquire Clearwire, which offers Clearwire shareholders certain and attractive value, is superior to the highly conditional DISH proposal. In contrast, the DISH proposal includes a series of interdependent commercial agreements, debt and equity purchases and spectrum sales, which together with the other conditions required by DISH to complete the transaction, makes the proposal not viable. In addition, the DISH proposal would require Sprint to voluntarily waive rights that it holds as a stockholder of Clearwire and that it possesses through various vendor and customer contracts that significantly predate Sprint's proposed acquisition of the remainder of Clearwire. Sprint does not intend to waive any of its rights and looks forward to closing the transaction with Clearwire and helping consumers across the country realize the benefits of this combination."
News For S;CLWR;DISH From The Last 14 Days
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April 15, 2014
10:20 EDTDISHDirecTV to stop carrying WWE pay-per-views, PWTorch says
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April 14, 2014
09:10 EDTST-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTST-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
06:40 EDTSNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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April 13, 2014
16:57 EDTSSprint and Spotify plan to team up, Re/code says
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April 11, 2014
07:26 EDTDISHTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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April 9, 2014
11:15 EDTST-Mobile unveils $40 monthly price plan called 'Simple Starter'
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April 5, 2014
19:52 EDTDISHDISH's Ergen sues Falcone over handling of LightSquared's bankruptcy, WSJ says
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