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Stock Market & Financial Investment News

News Breaks
March 12, 2014
07:32 EDTTWER, TWC, GTN, JCOM, T, GNCMA, LIN, SCORDeutsche Bank to hold a conference
22nd Annual Media, Internet & Telecom Conference is being held in Palm Beach, Florida on March 10-12 with webcasted company presentations to begin on March 12 at 7:45 am; not all company presentations may be webcasted.Webcast Link
News For T;TWC;LIN;JCOM;TWER;GNCMA;GTN;SCOR From The Last 14 Days
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September 2, 2015
13:09 EDTSCORcomScore continues selloff after WSJ questioned revenue growth
Shares of comScore are down for a second straight day after the Wall Street Journal's Miriam Gottfried on Monday questioned the company's revenue growth. In a story published Monday afternoon in the Journal's Heard on the Street column, Gottfried pointed out that "nonmonetary" revenue made up most of comScore's revenue growth in its latest quarter. Excluding the revenue from barter agreements where actual cash did not change hands, or $10.8M, the Internet analytics company's revenue would have grown just 3% versus the reported 14% in the quarter, Gottfried wrote. "Investors cheering comScore's top-line growth should take closer note of where it is coming from," she cautioned. In addition, Herb Greenberg's Pacific Square Research issued a cautionary piece to its clients yesterday regarding comScore's barter transitions, the journalist posted today on Twitter. Shares of comScore are down 9%, or $4.22, to $43.93 in afternoon trading. They have lost 22% over the past five trading days. Reference Link
12:33 EDTTOptions Update; September 2, 2015
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10:22 EDTTCiti says buy AT&T as DirecTV deal protects dividend
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10:00 EDTTOn The Fly: Analyst Upgrade Summary
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06:25 EDTTAT&T upgraded to Buy from Neutral at Citi
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September 1, 2015
16:53 EDTTAT&T recommends holders reject min-tender offer from TRC Capital
AT&T has learned that TRC Capital Corporation has made an unsolicited "mini-tender" offer, dated August 27. TRC has offered to purchase up to 3 million shares of AT&T stock at $31.30 per share, or 4.3% below AT&T's closing share price on August 26. AT&T is in no way associated with TRC Capital Corporation and recommends that shareholders reject this unsolicited offer. Mini-tender offers seek less than 5% of a company's outstanding shares. This lets the offering company avoid many disclosure and procedural requirements the SEC requires for tender offers.
16:32 EDTGTNGray Television to acquire KCRG-TV In Cedar Rapids, Iowa
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August 31, 2015
17:05 EDTGTNGray Television to terminate national sales rep agreements with Katz Media Group
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09:06 EDTSCORcomScore weakness creates buying opportunity, says SunTrust
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August 28, 2015
09:33 EDTT Active equity options trading on open
Active equity options trading on open: AAPL FB NOV NFLX AMZN DIS TSLA T BABA BAC
05:59 EDTTSprint offers DirecTV customers free year of cell service
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August 27, 2015
20:05 EDTTSprint offers DirecTV customers free year of cell service, WSJ says
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11:43 EDTTAT&T management to meet with
Meetings to be held in Boston/New York September 2-3 hosted by Jefferies.
11:25 EDTTSamsung Pay beta available on all U.S. carriers except Verizon, Verge reports
Samsung (SSNLF) Pay's beta is available on all major U.S. carriers, including AT&T (T), Sprint (S), T-Mobile (TMUS), and U.S. Cellular (USM), except for Verizon (VZ), the Verge reports. Verizon is "evaluating" Samsung Pay currently, and may very well miss the September 28th launch of the product, the report says. Reference Link
August 26, 2015
13:45 EDTTAT&T ends airport Wi-Fi ads experiment, Re/code reports
AT&T has ended serving ads to consumers using its free Wi-Fi at two Washington, D.C.-area airports, Re/code reports. The company told Re/code that it was conducting an experiment of "an ongoing effort to explore alternate ways to deliver a free Wi-Fi service that is safe, secure and fast." Reference Link
12:30 EDTTAT&T may need to choose between dividend and credit rating, CTFN reports
AT&T, despite acquiring DirecTV, may have to choose between maintaining its credit rating and its dividend in a few years as web video displaces satellite, CTFN reports, citing two credit analysts and a senior executive. AT&T has reduced the pressure from high dividend payments after the DirecTV purchase, but "it could be back in the same situation within three years if DirecTV's cash flow isn't sustainable," according to Mark Stodden, VP and senior credit officer at Moody's. AT&T spokesperson said that any suggestion that it needs to reduce its dividend "ignores the facts," the report says. Reference Link
09:02 EDTTWCTime Warner Cable Business named as national vendor by MiCTA
Time Warner Cable Business Class announced the company has been selected as an approved national vendor for MiCTA, an association representing non-profit groups, including schools, healthcare, government and other organizations. The approved vendor status allows MiCTA members to take advantage of fiber-delivered Ethernet services and Dedicated Internet Access offered by TWCBC, at a pre-negotiated rate. This also eliminates the need for members to conduct their own competitive bidding for services, which makes procurement streamlined, easier and more time-efficient.
August 25, 2015
06:25 EDTTAT&T to rebrand services in Mexico, WSJ reports
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August 24, 2015
16:00 EDTTOptions Update; August 24, 2015
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August 23, 2015
19:13 EDTTBT executive says Verizon, AT&T abusing landline duopoly, FT reports
In a Financial Times interview published Sunday, BT Group's (BT) Americas president Bas Burger said Verizon (VZ) and AT&T (T) are abusing their control over telephone and broadband lines to charge inappropriate access fees to companies like BT. "For a western world country it is the worst I've seen... There is not sufficient regulation to create competition: almost all access is being provided by two companies and they have divided the country among themselves," remarked Burger, adding that the two companies are also not required to fix network problems within any specific timeframe. Reference Link
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