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Stock Market & Financial Investment News

News Breaks
November 14, 2012
04:55 EDTT, T, T, WPPGY, WPPGY, WPPGY, LOGI, LOGI, LOGI, GRPN, GRPN, GRPN, CETV, CETV, CETV, NIHD, NIHD, NIHD, ASML, ASML, ASML, TWC, TWC, TWC, VIP, VIP, VIP, STM, STM, STM, AVG, AVG, AVG, CTCM, CTCM, CTCM, LBTYA, LBTYA, LBTYAMorgan Stanley to host a conference
12th Annual Technology, Media & Telecoms Conference is being held in Barcelona, Spain on November 14-16.
News For T;CTCM;AVG;STM;VIP;TWC;ASML;NIHD;CETV;GRPN;LOGI;WPPGY;LBTYA From The Last 14 Days
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April 16, 2015
10:00 EDTASMLOn The Fly: Analyst Upgrade Summary
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05:43 EDTASMLASML upgraded to Buy from Neutral at Citigroup
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April 15, 2015
18:36 EDTTWCNetflix CEO says company looking for FCC to block Comcast/Time Warner deal
Netflix (NFLX) CEO Reed Hastings reiterated that the FCC should block the Comcast (CMCSA) and Time Warner Cable (TWC) merger. Comment provided during Q1 earnings interview.
13:32 EDTASMLASML downgraded to Hold from Buy at Summit Research
Summit Research downgraded ASML to Hold from Buy citing the company's implied guidance for the second half of the year and its lack of visibility. The firm lowered its price target on the stock to $85 from $115.
11:12 EDTWPPGYWPP PLC acquires Medialets, terms not disclosed
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10:36 EDTTWCBofA/Merrill U.S. credit analysts hold an analyst/industry conference call
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10:03 EDTASMLHigh option volume stocks
High option volume stocks: SKS NSAM AMP CTXS KS WUBA CIT OC ASML SLM
09:29 EDTASMLASML sees Q2 revenue around EUR 1.6B, gross margin around 45%
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09:28 EDTASMLASML reports Q1 EPS EUR 0.93 vs. EUR 0.70 last year
Reports Q1 revenue EUR 1.65B vs. EUR 1.49B last year. ASML said, "Our first-quarter net sales came in as guided at 1.65 billion euros, driven by continued strong DRAM memory segment sales in combination with higher foundry segment sales. Our gross margin rose to 47.2 percent, a reflection of product mix as well as better utilization of our production facilities, which was partly offset by unfavorable foreign exchange effects."
06:46 EDTTAT&T files lawsuit to challenge net neutrality order, WSJ says
AT&T filed a lawsuit to overturn the FCC's net neutrality order to reclassify the internet as a telecommunications service, reports the Wall Street Journal. The move is surprising, as AT&T didn't join in prior suits, the Journal adds. Reference Link
April 14, 2015
12:40 EDTTPCTEL lowers FY15 revenue to $124M-$130M from $133M-$138M, two estimates $130M
Following its March 5 acquisition of Nexgen Wireless, PCTEL (PCTI) reported in a regulatory filing earlier that on April 7, Samsung Electronics America, a Samsung (SSNLF) subsidiary, provided Nexgen and PCTEL with a notice of Samsung’s election to terminate, effective April 30, the contractor services agreement between Samsung and Nexgen. Nexgen furnishes services to Samsung under the CSA including Meridian software-based services and contract personnel. The termination applies to the CSA only and will have no effect on other agreements between Samsung and Nexgen or PCTEL. The company continues to forecast 15%-18% revenue growth over FY14 and views the Nexgen acquisition as accretive to earnings in FY15. The company has revised its overall revenue forecast for FY15 in light of reduced business with Samsung, the reduction in capital spending by AT&T (T), and a decline in new network infrastructure investment in the oil and gas market. The company has revised revenue guidance from $133M-$138M to $124M-$130M. Finally, the company and Nexgen have signed a term sheet calling for a material reduction of the total consideration paid or payable by PCTEL for the Nexgen assets, and a material reduction of the equity compensation for which John Thakkar, the founder and president of Nexgen, will be eligible. These reductions seek to align the asset acquisition costs with the revised revenue and EBITDA estimates.
10:00 EDTGRPNGroupon core business still key to valuation, says Piper Jaffray
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07:00 EDTGRPNKKR investor consortium close to deal to buy stake in Ticket Monster, WSJ says
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April 13, 2015
20:16 EDTTUSTelecom files net neutrality lawsuit against FCC
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10:15 EDTAVGHigh option volume stocks
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10:00 EDTWPPGYOn The Fly: Analyst Downgrade Summary
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08:56 EDTTWCCPUC Commissioner asking for Comcast deal to be rejected, CT Financial News says
California Public Utilities Commissioner Mike Florio filed an alternate proposed decision on the planned merger of Comcast (CMCSA) and Time Warner Cable (TWC) that, in effect, asks the other four commissioners to reject a preliminary approval of the merger issued by a CPUC administrative law that included 25 conditions that Comcast must agree to in order to secure the pact, said CT Financial News. Reference Link
07:46 EDTCTCMCTC Media launches free movie streaming services
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07:22 EDTTWCWave of media M&A may be on the way, WSJ says
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06:19 EDTWPPGYWPP PLC downgraded to Sell from Hold at Pivotal Research
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