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Stock Market & Financial Investment News

News Breaks
November 2, 2012
06:47 EDTT, S, DTEGYWireless carriers unable to offer reliable service in Lower Manhattan, WSJ says
Service on the networks of AT&T (T), Sprint (S), Deutsche Telekom's (DTEGY) T-Mobile was "difficult to find" in Lower Manhattan on Wednesday and Thursday, according to The Wall Street Journal. The carriers' inability to sustain reliable service in New York following the hurricane will give "new urgency" to debates about steps the companies should take to ensure that service can continue following emergencies, the newspaper said. Reference Link
News For T;S;DTEGY From The Last 14 Days
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May 22, 2013
14:06 EDTSGoogle’s X Phone confirmed for Sprint, BGR says
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09:09 EDTSClearwire board recommends holders vote for increased offer from Sprint
Clearwire (CLWR) announced that its Special Committee of the board have each approved the revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. The Special Committee of the board determined that the revised offer, when compared with other potential transactions reasonably available to the company at this time, is the most favorable potential transaction to the company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals.
07:08 EDTTPhone companies start selling subscriber data, WSJ reports
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06:02 EDTTOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
May 21, 2013
13:43 EDTSClearwire reschedules special shareholder meeting
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13:36 EDTSClearwire holder Crest Financial protest company's delay of vote on merger
Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (CLWR), protested the decision of the Clearwire Board of Directors to adjourn the Clearwire special meeting to consider Sprint's (S) increased offer price of $3.40 per share. Crest said that it has sent a letter to the Clearwire Board of Directors urging them to resist Sprint's new offer so that Clearwire can pursue direct offers through a competitive process once the bidding war over Sprint is concluded. Crest's letter to the Clearwire Board said, "Sprint's new offer for Clearwire still significantly undervalues Clearwire and its assets and provides no protections to minority stockholders."
09:32 EDTSClearwire to resume trading at 9:45 am ET
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09:23 EDTSClearwire receives increase offer from Sprint
Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint.
09:22 EDTSClearwire receives increase offer from Sprint
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09:03 EDTSSprint increases offer for Clearwire to $3.40 per share from $2.97
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09:01 EDTSSprint increases offer for Clearwire to $3.40 per share
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08:57 EDTSSprint to raise bid for Clearwire above $2.97 prior offer, DJ says
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07:43 EDTTFierceWireless to host a breakfast meeting
Pre-Conference Breakfast at CTIA 2013 is being held in Las Vegas on May 21 at 10:30 am.
07:32 EDTDTEGYCTIA–The Wireless Association to host a conference
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06:03 EDTSClearwire to postpone today's vote on Sprint deal, NY Post reports
Clearwire (CLWR) will postpone today's shareholder vote on Sprint's (S) $2.97 per share takeover offer, New York Post reports. Reference Link
05:40 EDTSSoftbank confirms waiver, expects Sprint deal to close in six weeks
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05:36 EDTTAT&T provides statement regarding Oklahoma tornado
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05:31 EDTSDISH, Sprint to engage in talks
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05:23 EDTSSprint provides transaction update
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May 20, 2013
13:29 EDTSOptions with increasing implied volatility: UNXL NCT LYV CPRT S
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