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Stock Market & Financial Investment News

News For SNCR;RIMM;VZ From The Last 14 Days
Check below for free stories on SNCR;RIMM;VZ the last two weeks.
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July 30, 2014
10:00 EDTVZOn The Fly: Analyst Downgrade Summary
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07:18 EDTSNCRSynchronoss price target raised to $56 from $46 at Credit Suisse
Credit Suisse raised Outperform rated Synchronoss price target to $56 and increased estimates following the strong Q2 report citing rising sub growth and usage.
06:53 EDTVZVerizon downgraded at Macquarie
As previously reported, Macquarie downgraded Verizon to Neutral from Outperform. The firm downgraded shares citing relative valuation, flattening EPS growth in 2015 and beyond and higher spectrum costs. Price target is $53.
06:30 EDTVZVerizon downgraded to Neutral from Outperform at Macquarie
Price target is $53.
July 29, 2014
17:06 EDTVZOn The Fly: Closing Wrap
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16:01 EDTVZOptions Update; July 29, 2014
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14:04 EDTSNCRSynchronoss price target raised to $49 from $40 at Raymond James
13:39 EDTVZVerizon previously looked at potential REIT, says Raymond James
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12:23 EDTVZWindstream REIT spin off plan provides jolt for stock, telecom sector
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11:35 EDTVZAT&T and Verizon unlikely to consider a stucture like Windstream, says UBS
UBS said large telcos such as AT&T (T) and Verizon (VZ) are unlikely to consider a structural separation, such as Winsteam's (WIN). as they would be forced to open up their networks to competitors at regulated rates.
09:52 EDTVZActive equity options trading on open
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09:22 EDTVZWindstream worth at least $15/share after spinoff news, says Oppenheimer
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09:17 EDTVZOn The Fly: Pre-market Movers
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09:00 EDTVZAT&T, Verizon rally after Windstream announces plans for REIT
Shares of AT&T (T) and Verizon (VZ) are trading higher in the pre-market following news that Windstream (WIN) plans to spin off its telecom assets into a publicly traded REIT. Windstream provides network communications to businesses nationwide. It said the tax-free spinoff will enable it to realize "significant financial flexibility by lowering debt by approximately $3.2 billion and increasing free cash flow to accelerate broadband investments, transition faster to an IP network and pursue additional growth opportunities to better serve customers." The news is also pushing shares of CenturyLink (CTL) and Frontier Communications (FTR) higher. Windstream is rallying 28% in pre-open trading, while AT&T is up 4% and Verizon is up 3%.
08:51 EDTSNCRSynchronoss raises FY14 CapEx to reach 14%-15% of total revenue
The company had previously seen FY14 CapEx to be 10% of total revenue. The updated guidance is due to trends in cloud tracking better than its original eexpectations. The company said it is still in the "early stages" of adoption in cloud business. Synchronoss also sees positive trends in its Activation Services business.
08:50 EDTSNCRSynchronoss raises FY14 EPS to $1.66-$1.72 from $1.61-$1.66, consensus $1.66
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08:49 EDTSNCRSynchronoss sees Q3 non-GAAP EPS 43c-45c, consensus 42c
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08:10 EDTSNCRSynchronoss reports Q2 EPS 41c, consensus 40c
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05:58 EDTVZT-Mobile US CEO announces 10 gigabytes of data for $100 a month
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July 28, 2014
13:11 EDTVZT-Mobile new offering substantive, says Wells Fargo
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July 27, 2014
18:57 EDTVZAmazon's cloud computing unit AWS faces more rivals, WSJ says
Amazon.com's (AMZN) cloud computing unit AWS has been competing with Google (GOOG) and Microsoft (MSFT) but more company's have launched offerings in the space including Verizon (VZ), Cisco Systems (CSCO), International Business Machines (IBM) and VMware (VMW), which may threaten the profitability plans that Amazon has for AWS, says the Wall Street Journal. Reference Link
July 25, 2014
14:36 EDTVZVerizon to slow down data speeds for top 5% of users with unlimited 4G LTE
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July 24, 2014
10:03 EDTVZOn The Fly: Analyst Upgrade Summary
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07:52 EDTVZVerizon upgraded at FBR Capital
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07:46 EDTVZWells Fargo to hold a symposium
2014 Small Cell Symposium to be held in New York on July 24.
07:15 EDTVZVerizon upgraded to Outperform from Market Perform at FBR Capital
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July 23, 2014
08:41 EDTVZNQ Mobile and A Wireless partner for device security solution
NQ Mobile (NQ) and A Wireless, one of the largest Verizon (VZ) Wireless Premium Retailers, announced the availability of a comprehensive, bundled security solution that ensures the safety of subscribers' devices and the valuable data they hold. The solution is available at over 200 A Wireless stores across the US. The new package combines physical device insurance with NQ Mobile's security protection for both iOS and Android.
08:40 EDTVZVerizon reported good results, says BMO Capital
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July 22, 2014
16:36 EDTVZOn The Fly: Closing Wrap
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12:29 EDTVZOn The Fly: Midday Wrap
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07:25 EDTVZVerizon down 1.4% after reporting Q2 results
06:37 EDTVZVerizon backs FY14 investments of $16.5B-$17B
Verizon continues to target consolidated top-line growth of 4% and adjusted consolidated EBITDA margin expansion in 2014, with positive contributions to profitable growth from both wireless and wireline.
06:35 EDTVZVerizon reports Q2 adjusted EPS 91c, consensus 90c
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July 21, 2014
15:30 EDTVZNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
14:30 EDTVZEarnings Preview: Verizon CEO says 1.4M postpaid subscribers added in Q2
Verizon Communications (VZ) is expected to report second quarter earnings before the market open on Tuesday, July 22, with a conference call scheduled for 7:30 am ET. Verizon is a holding company providing communications, information and entertainment. EXPECTATIONS: Analysts are looking for EPS of 90c on revenue of $31.12B, according to First Call. The consensus range for EPS is 86c-93c on revenue of $30.84B-$31.35B. LAST QUARTER: Verizon reported first quarter adjusted EPS of 84c against estimates for 87c on revenue of $30.8B against estimates for $30.7B. For Q1, the company reported adding 549,000 net retail connections, including 539,000 net retail postpaid connections. It reported retail postpaid churn of 1.07%, 103.3M total retail connections, and 97.3M total retail postpaid connections. Consumer ARPU was up 11.3% year over year. It reported 98,000 FiOS Internet and 57,000 FiOS Video net additions in the quarter. Verizon said it continued to target consolidated top-line growth of 4% and adjusted consolidated EBITDA margin expansion in 2014, with positive contributions to profitable growth from both wireless and wireline. On July 10, during an interview on CNBC, CEO Lowell McAdam said the company added over 1.4M postpaid subscribers in Q2, with "record" tablet growth and "very strong" smartphone growth. McAdam added that Q2 churn was "very good" with margins consistent with the past several quarters. STREET RESEARCH: Street research has been mostly positive in the weeks leading up to Verizon's Q2 earnings report. On May 22, Verizon was initiated with an Outperform at Bernstein with a price target of $57. On July 1, Verizon was initiated with a Buy at BTIG and a price target of $60. On July 18, Oppenheimer added Verizon to its Triple Play list. The firm said its Triple Play stocks are rated Outperform, screen positively based on trends in earnings revisions, and have an attractive technical profile. PRICE ACTION: Verizon shares have gained approximately 10% following the company's Q1 report. However, over the past twelve months, they are up only about 1%. In afternoon trading ahead of Tuesday's Q2 report, Verizonís shares are flat.
12:56 EDTVZVerizon launches rewards program for wireless customers
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09:38 EDTVZActive equity options trading on open
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July 18, 2014
15:42 EDTVZVerizon July weekly volatility elevated into Q2
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08:38 EDTVZVerizon added to Triple Play list at Oppenheimer
Oppenheimer added Verizon (VZ) to its Triple Play list. The firm says its triple play stocks are rated Outperform, screen positively based on trends in earnings revisions and have an attractive technical profile. The firm removed Riverbed (RVBD) from the list after it downgraded that stock.
05:57 EDTVZLevel 3 says Verizon 'deliberately' causing Netflix congestion
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July 17, 2014
11:01 EDTVZVerizon Wireless, ControlTec announce partnership
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July 16, 2014
14:03 EDTVZNetflix submits FCC comments on proposed Net Neutrality rules
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13:05 EDTVZVerizon, Comcast, AT&T viwed as 'logical' Time Warner bidders, Bloomberg says
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12:42 EDTVZTime Warner said to see Verizon,Comcast, AT&T as logical bidders, Bloomberg says
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