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Stock Market & Financial Investment News

News Breaks
May 28, 2014
15:58 EDTS, TMUSSprint Chairman argues case for T-Mobile deal, WSJ says
Sprint (S) Chairman Masayoshi Son cited recent telecom and cable deals as evidence that his company should be allowed to buy rival T-Mobile US (TMUS). So far, antitrust authorities have signaled they would oppose the deal which would reduce the number of national competitors in the U.S wireless industry, added the Wall Street Journal. Reference Link
News For S;TMUS From The Last 14 Days
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July 24, 2014
07:46 EDTSWells Fargo to hold a symposium
2014 Small Cell Symposium to be held in New York on July 24.
July 23, 2014
13:01 EDTSSprint teams with Google to offer Google Apps for business
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July 21, 2014
07:45 EDTSSprint consensus estimates 'overly optimistic,' says Jefferies
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July 20, 2014
14:47 EDTTMUS, SAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
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July 18, 2014
09:18 EDTS, TMUSSoftbank hire of Arora from Google 'interesting,' says Wells Fargo
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07:08 EDTS, TMUSSoftbank, T-Mobile final agreement could come after late August, Kyodo News says
According to Kyodo News, Softbank's (SFTBF) buyout talks with T-Mobile (TMUS) won't be settled until after late August. Deutsche Telecom (DTEGY) is "reluctant" to accept Softbank's business plan and is seeking a new plan, industry sources say. Reference Link
July 15, 2014
15:32 EDTS, TMUSPaulson sees T-Mobile takeover in high $30s, low $40s 'reasonable,' WSJ says
John Paulson, the fourth-largest shareholder in T-Mobile (TMUS) and the third largest stakeholder in Sprint (S), would support a merger of the two, which has been widely reported as being worked on, and said that a takeover price for T-Mobile in the "high $30s to low $40s" per share would be "reasonable," according to The Wall Street Journal, citing an interview with the investor. Reference Link
13:44 EDTS, TMUSSprint, T-Mobile jointly raising $10B for airwave auction, WSJ says
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07:24 EDTTMUSMicrosoft to hold a conference
MSFT Worldwide Partner Conference to be held in Washington, D.C. on July 13-17.
July 14, 2014
18:00 EDTTMUS, SSprint plans for lengthy review of T-Mobile deal, Bloomberg reports
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17:44 EDTTMUS, SSprint said to plan for lengthy review of T-Mobile deal, Bloomberg says
Sprint and T-Mobile reportedly planning 18-month drop-dead period for the deal, and Sprint lenders are looking for higher fees to commit longer term. Sprint and T-Mobile also considering a JV to bid for wireless spectrum, Bloomberg added.
08:32 EDTTMUSSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobiliís customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.

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