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Stock Market & Financial Investment News

News Breaks
February 4, 2014
11:22 EDTARRY, FENG, JRCC, SBAC, CNQRHigh option volume stocks: SBAC FENG CNQR JRCC ARRY
News For SBAC;FENG;CNQR;JRCC;ARRY From The Last 14 Days
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November 19, 2014
16:17 EDTCNQRConcur shareholders approve acquisition by SAP
Concur (CNQR) and SAP (SAP) announced that Concur's shareholders approved SAP's acquisition of Concur at the meeting of Concur's shareholders held today. SAP and Concur anticipate the completion of the transaction on or about December 4, subject to the satisfaction or waiver of closing conditions, including those related to regulatory approval.
13:10 EDTSBACDISH, Globalstar climb as wireless spectrum bids reportedly jump
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07:19 EDTSBACSpectrum auction positive for DISH, Globalstar, says JPMorgan
JPMorgan notes the AWS-3 spectrum auction continued on Tuesday with the aggregate value of licenses with bids at $16.4B, up from Monday's $8.9B and compared to the reserve price of $10.6B that the FCC set for the entire auction. The firm views the rise in prices as negative for telecom carriers that are spending more than expected, namely AT&T (T) and Verizon (VZ), and possibly T-Mobile (TMUS) and US Cellular. It views the prices as positive for independent spectrum owners like DISH (DISH) and Globalstar (GSAT), as well as tower companies American Tower (AMT), SBA Communications (SBAC) and Crown Castle (CCI).

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