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Stock Market & Financial Investment News

News Breaks
December 17, 2012
07:02 EDTINTC, CMCSK, CLWR, CMCSA, SSprint to acquire 100% ownership of Clearwire shares for $2.97 per share
Sprint (S) has entered into a definitive agreement to acquire the approximately 50% stake in Clearwire (CLWR) it does not currently own for $2.97 per share, equating to a total payment to Clearwire shareholders, other than Sprint, of $2.2B. This transaction results in a total Clearwire enterprise value of approximately $10B, including net debt and spectrum lease obligations of $5.5B. The transaction was unanimously approved by Clearwire’s board of directors upon the unanimous recommendation of a special committee of the Clearwire board consisting of disinterested directors not appointed by Sprint. In addition, Clearwire has received commitments from Comcast (CMCSA), Intel Corp (INTC) and Bright House Networks LLC, who collectively own approximately 13% of Clearwire’s voting shares, to vote their shares in support of the transaction. SoftBank has provided its consent to the transaction, as required under the terms of its recently announced merger agreement with Sprint. In connection with the transaction, Clearwire and Sprint have entered into agreements that provide up to $800M of additional financing for Clearwire in the form of exchangeable notes, which will be exchangeable under certain conditions for Clearwire common stock at $1.50 per share, subject to adjustment under certain conditions.
News For S;CLWR;INTC;CMCSA;CMCSK From The Last 14 Days
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August 25, 2015
08:33 EDTCMCSA, CMCSKComcast expands advanced fiber network to Meyers Business Park
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07:35 EDTINTCIntel makes additional equity investment in BlueData
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07:07 EDTCMCSA, CMCSKComcast to increase speeds for Xfinity Twin Cities area customers
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06:06 EDTSStocks with implied volatility below IV index mean; S GOOG
Stocks with implied volatility below IV index mean; Sprint (S) 77, Google (GOOG) 41 according to iVolatility.
August 24, 2015
06:34 EDTINTCIntel leads $100M funding round for Mirantis, WSJ reports
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August 23, 2015
16:22 EDTCMCSK, CMCSA'Straight Outta Compton' finds little contention for No. 1 box office spot
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14:23 EDTINTCApple, Micron shares look like bargains, Barron's says
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August 21, 2015
13:11 EDTCMCSA, CMCSKFly Watch: 'Straight Outta Compton' eyes second weekend at top spot
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10:37 EDTINTCAnalysts upbeat on HP ahead of split after earnings beat
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08:54 EDTINTCIntel price target lowered to $25 from $32 at Baird
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August 20, 2015
16:00 EDTINTCOptions Update; August 20, 2015
iPath S&P 500 VIX Short-Term Futures up 1.49 to 17.70. Option volume leaders: AAPL BAC FB NFLX DIS INTC BABA MU
14:39 EDTINTCEarnings Watch: Hewlett-Packard reports ahead of company split
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08:02 EDTSFCC to hold a conference and workshop
2015 Supplier Diversity Conference & Workshop is being held at FCC Washington, D.C. offices on August 20 at 9:30 am. Webcast Link
06:10 EDTCMCSA, CMCSKWeather Channel said to hire banks to explore sale, Bloomberg reports
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August 19, 2015
13:30 EDTSOptions with increasing put volume;
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10:20 EDTCMCSK, CMCSA, SBig telecom firms put M&A on hold, CTFN reports
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10:00 EDTCMCSAOn The Fly: Analyst Upgrade Summary
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09:13 EDTCMCSA, CMCSKComcast upgraded to Buy from Neutral at MoffettNathanson
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08:22 EDTSSprint traffic levels increasing, says Pacific Crest
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06:14 EDTINTCIntel to launch contest show on Turner Broadcasting, WSJ reports
Intel (INTC) is making a foray into reality television by developing a contest show with Mark Burnett and Time Warner's (TWX) Turner Broadcasting unit, the Wall Street Journal reports. The program will be called "America's Greatest Makers" and will engage "do-it-yourselfers" who turn microchips and other components into devices and gadgets, competing for a $1M prize, the report says. The show is scheduled to appear on TV and other media channels in 2016, the report adds. Reference Link
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