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Stock Market & Financial Investment News

News Breaks
February 1, 2013
05:53 EDTS, SFTBF, VODSoftbank 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
News For S;SFTBF;VOD From The Last 14 Days
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October 24, 2014
09:36 EDTVODActive equity options trading on open
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08:53 EDTVODVodafone rumored to prepare bid for TalkTalk, Daily Mail says
Rumors have circulated among U.K. trading desks that Vodafone is lining up a cash bid worth GBP4.3B for TalkTalk Telecom, according to The Daily Mail's "This is Money." Shares of Vodafone trading in New York are up over 2% in the pre-market session following the report. Reference Link
October 20, 2014
13:53 EDTSEarnings Preview: Verizon sentiment mixed ahead of Q3 report
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11:49 EDTSSprint to offer iPad Air 2, iPad mini 3
Sprint (S) announced that it will offer iPad Air 2 with Wi-Fi + Cellular (AAPL) and iPad mini 3 with Wi-Fi + Cellular later this week. iPad Air 2 is the first tablet from Apple to connect to Sprint Spark, an enhanced LTE service with the added capacity to greatly improve the performance of video and other bandwidth-intensive applications. iPad mini 3 will connect to Sprintís 4G LTE network. Customers can add iPad Air 2 or iPad mini 3 to their Sprint Family Share Pack for an access charge of $10 per month per line. Through December 2015, Sprint will waive the $10 monthly access charge on iPad Air 2 or iPad mini 3 added as new lines of service to any Sprint Family Share Pack 20GB or higher.
09:36 EDTVODActive equity options trading on open
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October 19, 2014
14:39 EDTSSprint job cuts include 452 at Kansas headquarters, Bloomberg says
According to a filing yesterday with the Kansas Department of Commerce, the job cuts at Sprint that were announced earlier this month, will include 452 positions in Overland Park, Kansas, where the company is headquartered, says Bloomberg. Reference Link
October 15, 2014
07:22 EDTVODVodafone Italian head does not see Fastweb agreement terms, Reuters says
Vodafone's Italian head Aldo Bisio said that he does not see agreement terms for company to purchase Fastweb at this time, according to Reuters, citing comments from Bisio. Reference Link
October 14, 2014
08:28 EDTSFTBFSoftbank to acquire DramaFever, terms not disclosed
SoftBank Internet and Media and DramaFever announced a definitive agreement under which SIMI will acquire DramaFever. Morrison & Foerster LLP acted as legal advisor to the SoftBank Group. The Raine Group LLC acted as financial advisor and Gunderson Dettmer acted as legal advisor to DramaFever.
07:54 EDTST-Mobile, Sprint risk turnover courting lower-credit subscribers, WSJ says
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05:23 EDTVODVodafone initiated with a Buy at Deutsche Bank
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October 10, 2014
09:35 EDTSSprint downgraded to Sell from Hold at Evercore
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