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Stock Market & Financial Investment News

News Breaks
June 26, 2012
06:37 EDTS, NOKStocks with implied volatility movement; NOK S
Stocks with implied volatility movement; Nokia (NOK), Sprint (S) according to iVolatility.
News For S;NOK From The Last 14 Days
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May 17, 2013
11:01 EDTSU.S. Cellular declares $5.75 per share special dividend
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07:46 EDTSClearwire investors to force Sprint to up bid, Reuters reports
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May 16, 2013
19:11 EDTSDish sends letter to FCC over SoftBank, Sprint deal, Reuters says
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May 15, 2013
17:36 EDTSPaulson gives quarterly update on stakes
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07:35 EDTNOKJPMorgan to host a conference
41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link
May 14, 2013
09:44 EDTSSprint says will launch BlackBerry Q10 in U.S. in late Summer
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08:31 EDTSDISH announces $2.5B debt offering, to be used to partially fund Sprint bid
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07:27 EDTNOKNokia introduces Lumia 925 with metal body, PureView camera
Nokia (NOK) introduced the Nokia Lumia 925, which introduces a metal design and includes the most advanced lens technology and next generation imaging software for clearer, sharper pictures and video, including the best low light images. The Nokia Lumia 925 also introduces the new Nokia Smart Camera mode, coming as an update to all Lumia Windows Phone 8 smartphones. The Lumia 925 is being introduced into Europe with Vodafone (VOD), along with other operator and retail partners. In addition to Europe, the Nokia Lumia 925 will be introduced into the US by T-Mobile (TMUS) and into China by China Mobile (CHL) and China Unicom (CHU). Sales are expected to start in the U.K., Germany, Italy, Spain and China in June, followed by the U.S. and a number of other markets.
06:22 EDTNOKGartner reports Q1 mobile phone sales growth
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05:55 EDTNOKStocks with implied volatility movement; NOK MDLZ
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05:44 EDTSBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
13:51 EDTNOKNokia advances ahead of Lumia event
Nokia shares are higher after it published a YouTube clip to promote its new Lumia device a day before the hand set maker is scheduled to host a product launch event in London. WHAT'S NOTABLE: The YouTube clip is accompanied by text that reads "more than your eyes can see," as it spotlights the camera features of the next addition to the Lumia line-up. PRICE ACTION. Shares of Nokia trading in New York rose 23c, or 6.5%, to $3.90 in early afternoon trading.
09:54 EDTNOKNokia volatility low on wide price movement
Nokia May call option implied is at 60, June is at 48, July is at 50; above its 26-week average of 63 according to Track Data, suggesting large price movement.
09:50 EDTSClearwire sends letter urging stockholders to vote 'for' proposed Sprint transaction
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09:47 EDTNOKNokia pops higher in early trading
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08:24 EDTSSoftbank pressuring potential Dish investment banks, FT reports
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May 11, 2013
13:39 EDTSSoftbank says Dish-Sprint deal poor match, Bloomberg reports
The CEO of SoftBank (SFTBF) Masayoshi Son criticized the concept of Dish Network's (DISH) offer to buy Sprint Nextel (S), saying the satellite company would be a poor fit for a wireless carrier, while the synergies of a SoftBank-Sprint deal will result in significant cost savings. Reference Link
May 10, 2013
17:16 EDTSCrest Financial takes first step to perfect appraisal rights of Clearwire shares
Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire (CLWR), has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire that it beneficially owns. The Delaware law permits Clearwire shareholders electing to exercise their appraisal rights to ask the Delaware Court of Chancery to determine the fair value of their Clearwire common stock if the Sprint (S)-Clearwire merger is consummated and certain other conditions are satisfied. The law states that a Clearwire stockholder that votes FOR the Sprint-Clearwire merger cannot elect to exercise its appraisal rights. Crest has long argued that the price Sprint Nextel is offering to pay Clearwire stockholders for their shares is highly inadequate, that the merger was structured in a way that unfairly disadvantages minority stockholders and that Clearwire would be better off if it remained a stand-alone company. Crest also commended Glass, Lewis & Co., a leading proxy advisory firm, for its recommendation urging that Clearwire stockholders vote against the proposed merger with Sprint. Crest said is strongly disagreed with the view of ISS that the Sprint-Clearwire merger should succeed.
12:17 EDTSISS recommends Clearwire holders vote 'FOR' proposed transaction with Sprint
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09:23 EDTSSprint says ISS recommends Clearwire shareholders vote in favor of merger
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