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Stock Market & Financial Investment News

News Breaks
June 6, 2014
06:38 EDTS, TMUS, VZ, TChanges may make approval of Sprint, T-Mobile tie-up more likely, NY Times says
Sprint (S) and T-Mobile (TMUS) are arguing that their merger should be approved because it would create stronger competition for Verizon (VZ) and AT&T (T), according to The New York Times. While just four months ago the head of the Justice Departmentís Antitrust Division said any merger among the top four wireless companies would face difficulty winning approval, the country's communications landscape has changed since then, the newspaper quoted antitrust experts as saying, Specifically, the new-found ability of some telecom companies to offer TV to more customers may cause regulators to become more amenable to a merger between T-Mobile and Sprint, the newspaper indicated. Reference Link
News For S;TMUS;VZ;T From The Last 14 Days
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October 15, 2014
07:04 EDTTMUST-Mobile launches 4G LTE network throughout Cincinnati metro area
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October 14, 2014
09:37 EDTVZActive equity options trading on open
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08:13 EDTVZCorvex says Crown Castle, Verizon deal would 'diversify' revenues
Corvex said, "A Verizon (VZ) tower deal would diversify Crown Castle's (CCI) revenues and deepen the company's relationship with arguably the U.S.'s strongest wireless company and operator of the country's most robust network. As the largest and most-focused U.S. tower operator and the largest operator of legacy carrier portfolios, Crown Castle could be the best strategic acquirer of Verizon's tower assets. That does not mean the company will be best positioned financially to provide the highest and best bid though. Based on recent press articles, the potential sale price for the Verizon towers could be approximately $6B. However, we strongly believe that the company should not issue any equity at recent prices, and certainly not to acquire more tower assets at premium prices when Crown Castle continues to trade at a material discount to both transaction multiples and publicly traded peers."
07:54 EDTTMUS, ST-Mobile, Sprint risk turnover courting lower-credit subscribers, WSJ says
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October 13, 2014
13:26 EDTTMUSIliad ends plan to buy T-Mobile after "significantly" improved offer
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13:21 EDTTMUSIliad announces end of plans to acquire T-Mobile
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10:08 EDTTMUSOn The Fly: Analyst Upgrade Summary
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09:21 EDTTMUSOn The Fly: Pre-market Movers
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09:19 EDTTMUST-Mobile upgraded at Macquarie
As previously reported, Macquarie upgraded T-Mobile to Outperform from Neutral. The firm upgraded shares based on strong fundamentals and the recent sell off in shares. Price target is $34.
06:49 EDTTMUST-Mobile upgraded to Outperform from Neutral at Macquarie
October 10, 2014
10:01 EDTTMUSOn The Fly: Analyst Upgrade Summary
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09:35 EDTSSprint downgraded to Sell from Hold at Evercore
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07:27 EDTTMUST-Mobile upgraded to Buy from Hold at Jefferies
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05:45 EDTTMUST-Mobile upgraded to Buy from Hold at Jefferies
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October 9, 2014
12:01 EDTTAT&T announces agreement with Accuris, BSG
AT&T, Accuris Networks and BSG Wireless announced an agreement to bring to market the new AT&T Wi-Fi Hub. This hub will make it possible for wireless operators to deliver turnkey Wi-Fi roaming services to their customers.
09:33 EDTVZGE, Verizon announce alliance
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October 8, 2014
12:03 EDTTAT&T Mobility pays $80M to FTC over mobile cramming charges
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09:38 EDTVZActive equity options trading on open
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08:12 EDTTMUST-Mobile checks positive, says Pacific Crest
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07:09 EDTSSprint to shut down WiMAX network around November 6, 2015, FierceWireless says
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