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Stock Market & Financial Investment News

News Breaks
February 1, 2013
05:53 EDTS, VOD, SFTBFSoftbank CEO says Sprint deal will initially be a drag on earnings, WSJ reports
The Japanese mobile carrier Softbank Corp. (SFTBF) said its planned $20.1B deal for 70% of Sprint Nextel (S), expected to close by mid-year, will be a drag on earnings in the coming fiscal year before contributing to profits two years later, reports the Wall Street Journal. Softbank CEO Masayoshi Son said that's because of depreciation costs tied to the closing of Nextel's old 2G network and Sprint's plans to accelerate capital spending to build out its infrastructure.Reference Link
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April 17, 2014
12:46 EDTVODVodafone, Netflix in talks on content deal, Bloomberg says
Vodafone (VOD) is in early stage talks with Netflix (NFLX) to offer Vodafone customers free access access to its streaming service for a period of time, according to Bloomberg, citing three people familiar with the talks. Reference Link
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 10, 2014
06:53 EDTVODVodafone acquires stake in India unit for $1.5B, Bloomberg says
Vodafone will acquire Piramal Enterprises' stake in its India mobile-phone unit for $1.5B as the company ups its investments in the world’s quickest growing smartphone market, according to Bloomberg, citing a company statement from Piramal. Reference Link
April 9, 2014
11:15 EDTST-Mobile unveils $40 monthly price plan called 'Simple Starter'
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April 5, 2014
12:57 EDTVODVodafone has upside over 20%, Barron's says
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