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Stock Market & Financial Investment News

News Breaks
October 26, 2012
06:14 EDTTPX, SStocks with implied volatility below IV index mean; S TPX
Stocks with implied volatility below IV index mean; S (Sprint), Tempur-Pedic (TPX) according to iVolatility.
News For S;TPX From The Last 14 Days
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June 19, 2013
16:26 EDTSOn The Fly: Closing Wrap
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12:09 EDTSOn The Fly: Midday Wrap
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12:06 EDTSOptions with decreasing implied volatility: DISH VRTX SUPN S
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10:25 EDTSSprint shares worth $7.51 under SoftBank deal, says Janco
Janco calculates that current Sprint shareholders will receive $7.51 per share upon the closing of the deal with SoftBank, which the firm expects to happen on Tuesday, June 25. The firm views upside to $7.51 from current levels as attractive and keeps a Buy rating on Sprint shares.
10:01 EDTSOn The Fly: Analyst Downgrade Summary
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09:24 EDTSOn The Fly: Pre-market Movers
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08:44 EDTSSprint acquisition by SoftBank likely to be approved, says Wells Fargo
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08:05 EDTSSprint down 3% to $7.10 after DISH ends takeover pursuit
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07:59 EDTSSprint downgraded at Macquarie
As previously reported, Macquarie downgraded Sprint to Neutral from Outperform. The firm recommends taking profits and believes the company is entering a period of heavy investment. Price target is $8.
07:13 EDTSTelecom industry looks to grow through acquisition, Bloomberg reports
Global telecommunications companies are chasing after deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006, reports Bloomberg. Over $80B in telecommunications and cable transactions have already been announced or completed this year Reference Link
07:11 EDTSSoftbank moves closer to acquiring Sprint, Reuters reports
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06:26 EDTSSprint downgraded to Neutral from Outperform at Macquarie
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06:08 EDTSOn the Fly: Periodicals Wrap-Up
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June 18, 2013
18:36 EDTSDISH issues update on Sprint proposal
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11:30 EDTSDISH issues statement on Sprint complaint
DISH Network (DISH) issued the following statement in response to Sprint Nextel's (S) June 17 allegations against DISH and Clearwire (CLWR): “Sprint’s lawsuit is a transparent attempt to divert attention from its failure to deal fairly with Clearwire’s shareholders, as well as to exploit its majority position to block Clearwire’s shareholders from receiving a fair price for their shares. DISH is confident that its superior offer, which has been unanimously recommended by the Clearwire Board, including the majority appointed by Sprint, will be upheld and Clearwire shareholders will be free to realize the 29 percent premium represented by the DISH offer.”
05:55 EDTSStocks with implied volatility movement; S KNDI
Stocks with implied volatility movement; Sprint (S), Kandi Technologies (KNDI) according to IVolatility.
June 17, 2013
19:19 EDTSSprint files suit against DISH, Clearwire over tender offer
Sprint (S) announced that it has filed a complaint in the Delaware Court of Chancery against DISH Network (DISH) and Clearwire (CLWR) asking the court to prevent the consummation of the DISH tender offer for Clearwire. Sprint believes the transaction violates Delaware law and the rights of both Sprint and Clearwire’s other strategic investors under Clearwire’s charter and under the equity hHolders agreement. In addition to seeking to enjoin the tender offer, Sprint’s lawsuit seeks to rescind certain parts of the tender offer agreement and seeks declaratory, injunctive, compensatory and other relief.
11:18 EDTSSamsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link
June 14, 2013
10:31 EDTSSprint issues statement in response to White House broadband initiatives
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09:55 EDTST-Mobile confirmed by Softbank as 'Plan B' if Sprint bid fails, Bloomberg says
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