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Stock Market & Financial Investment News

News Breaks
February 24, 2013
19:55 EDTSQNS, ALUSequans, Alcatel-Lucent collaborate to accelerate the market for LTE broadcast
4G chipmaker Sequans Communications (SQNS) announced that it has successfully completed interoperability testing of Alcatel-Lucent’s (ALU) LTE infrastructure equipment with Sequans’ eMBMS-capable LTE chipsets. eMBMS (evolved multimedia broadcast multicast service), also referred to as LTE Broadcast, is an advanced mobile video delivery technology that enables mobile operators to significantly reduce the cost of delivering high-bandwidth content to multiple users at one time over LTE networks.
News For SQNS;ALU From The Last 14 Days
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July 24, 2015
13:29 EDTALUAlcatel CEO says Nokia deal may close sooner than expected, Re/code reports
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06:08 EDTALUNokia receives European Commission approval for Alcatel-Lucent acquisition
Nokia (NOK) announced that it has received approval from the European Commission for its pending acquisition of Alcatel-Lucent (ALU). The proposed transaction was notified to the European Commission on June 19, 2015 and was cleared today without conditions following a Phase 1 review. Approval by the European Commission follows previously disclosed antitrust clearances in Brazil and Serbia and the expiration of the antitrust review period in the United States. In addition, the parties confirmed today they have received further antitrust clearances from Albania, Canada, Colombia and Russia. Both companies will continue to cooperate with the remaining authorities to close their reviews as quickly as possible. The transaction remains subject to approval by Nokia shareholders, Nokia holding over 50.00% of the share capital of Alcatel-Lucent on a fully diluted basis upon completion of the public exchange offer, receipt of other regulatory approvals and other customary conditions. The transaction is expected to close in the first half of 2016.
July 23, 2015
06:12 EDTSQNSSequans sees Q3 non-IFRS EPS (9c)-(7c), consensus (8c)
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06:10 EDTSQNSSequans reports Q2 non-IFRS EPS (11c), consensus (11c)
Reports Q2 revenue $7.5M, consensus $7.88M.

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