New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For BSMX;T;SCM;EL;LULU;OFS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
November 10, 2014
13:14 EDTTAT&T not entering Inflight Connectivity space, RGN reports
AT&T (T) decided not to enter the inflight connectivity after deeming the space too risky, RGN reports, citing sources. AT&T confirmed in a statement to the website, "After a thorough review of our investment portfolio, the company decided to no longer pursue entry into the Inflight Connectivity industry." AT&T's entrance into the space was seen as possibly competitive threat to Gogo (GOGO). Reference Link
12:45 EDTTFullscreen to acquire Rooster Teeth, terms not disclosed, Reuters reports
Subscribe for More Information
12:43 EDTTAT&T issues statement on White House Title II announcement
AT&T issued the following statement in response to the White House's announcement regarding Title II. AT&T executive VP Jim Cicconi said, "Today’s announcement by the White House, if acted upon by the FCC, would be a mistake that will do tremendous harm to the Internet and to U.S. national interests. It is a complete reversal of a bipartisan policy that has been in place since the Clinton Administration—namely, to treat Internet access as an information service subject to light-touch regulation. This classification of Internet service has been upheld by the Supreme Court and has enjoyed strong Congressional support for nearly a generation. Now, with one statement, the White House is telling the FCC to ignore this precedent and to instead impose on the entire Internet—from end to end—onerous government regulation designed in the 1930s for a Bell phone monopoly that no longer exists, not for a 21st century technology. This will have a negative impact not only on investment and innovation, but also on our economy overall. For a generation, the Internet has been an American success story. Light-touch regulation has encouraged levels of investment unprecedented by any industry and spawned incredible innovation. Today’s action puts all of that at risk—and puts it at risk not to remedy any specific harm that has occurred. Instead, this action is designed to deal with a hypothetical problem posed by certain political groups whose objective all along has been to bring about government control of the Internet. The White House is proposing to put the Internet and our economy at risk as a result of such political pressures. We feel the actions called for by the White House are inconsistent with decades of legal precedent as well as Congressional intent. Moreover, if the government were going to make such a momentous decision as regulating the entire Internet like a public utility, that decision is more properly made by the Congress and not by unelected regulators without any public record to support the change in regulation. If the FCC puts such rules in place, we would expect to participate in a legal challenge to such action.”
09:46 EDTLULUBB&T remains positive on lululemon following channel checks
BB&T said it remains positive on lululemon following recent channel checks. The firm continues to expect lululemon's results to improve as the company improved product assortment and laps 2013 PR stumbles. BB&T views the hire of Duke Stump as EVP of Community and Brand as a a positive and views the controversy over the donation to the Dalai Lama Center as overblown. Shares are Buy rated with a $50 price target.
09:45 EDTTObama urges FCC to enact 'strongest possible rules' to protect net neutrality
Subscribe for More Information
09:43 EDTTObama urges FCC to enact 'strongest possible rules' to protect net neutrality
Subscribe for More Information
08:22 EDTTNetwork equipment makers slip after AT&T projects lower 2015 capital spending
Subscribe for More Information
08:12 EDTTAT&T 2015 capex reduction negative for select stocks, says JPMorgan
Subscribe for More Information
07:22 EDTLULUU.S. Retail Softlines sector downgraded to Negative at Barclays
Subscribe for More Information
05:48 EDTLULUU.S. Retail Softlines industry cut to Negative at Barclays
Subscribe for More Information
November 8, 2014
20:17 EDTTAT&T could be the best bet of telecom stocks, Barron's says
Subscribe for More Information
November 7, 2014
16:42 EDTTAT&T increases size of board, elects William Kennard as director
Subscribe for More Information
16:40 EDTTAT&T reaffirms FY14 capex guidance in $21B range
AT&T continues to expect capital expenditures during FY14 to be in the $21B range. AT&T expects 2014 to be the peak investment year for Project VIP and anticipates that the Wireless and Wireline segments’ spend to be proportionally consistent to 2013.
16:06 EDTTAT&T sees FY15 capex budget in $18B range
Subscribe for More Information
16:01 EDTTAT&T acquires Iusacell for $2.5B
Subscribe for More Information
10:00 EDTLULUOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:46 EDTTCord cutting accelerates as pay-TV loses 179K customers in Q3, WSJ reports
The pay-TV industry lost about 179K customers in Q3, which is steeper than the decline of 83K in the same quarter of last year, reported The Wall Street Journal, citing company reports and estimates from research firm MoffettNathanson. Companies that provide television service include AT&T (T), Verizon (VZ), DISH (DISH), Charter (CHTR), DirecTV (DTV), Cablevision (CVC), Comcast (CMCSA) and Time Warner Cable (TWC). Netflix (NFLX) and Amazon (AMZN) provide television and movie streaming services that compete with broadcast and cable television network offerings. Reference Link
08:05 EDTOFSOFS Capital reports Q3 EPS 30c, consensus 28c
Subscribe for More Information
08:04 EDTELEstee Lauder to acquire Editions de Parfums Frederic Malle, terms not disclosed
Subscribe for More Information
06:52 EDTLULUlululemon initiated with a Market Perform at FBR Capital
Target $40.
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use