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Stock Market & Financial Investment News

News Breaks
February 12, 2013
08:11 EDTINFN, TEFTelefonica, Infinera demonstrate 10Tb/s of super-channel capacity
Telefonica (TEF) and Infinera (INFN) announced the successful completion of a joint Terabit Technology Showcase. The Terabit Technology Showcase demonstrated implementations of advanced technologies expected to increase the capacity of future optical networks, including 10 Terabit per second of super-channel capacity.
News For TEF;INFN From The Last 14 Days
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June 30, 2015
07:45 EDTTEFEU agrees to enact 'net neutrality' law, WSJ reports
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June 24, 2015
15:41 EDTTEFVivendi increases position in Telecom Italia to 14.9%
Vivendi (VIVHY) announced that it has received 1.11B ordinary shares, or 8.24%, of Telecom Italia (TI) in exchange for 4.5% of the share capital of Telefonica Brasil (VIV), in accordance with the option given to it as part of the sale of GVT to Telefonica (TEF). Separately, Vivendi increased its ordinary shares in Telecom Italia from the recently purchased 1.9% with an additional stake of 4.76% purchased on June 22 for a total of 6.66%, representing a global cash payment of approximately EUR1B. Vivendi now owns 14.9% of Telecom Italia’s ordinary shares and has thus replaced Telefonica as the company’s largest shareholder. "This investment represents an opportunity for Vivendi... to expand in a market with significant growth prospects and a very strong appetite for quality content. Vivendi intends to support Telecom Italia over the long term," said the company.
June 19, 2015
12:49 EDTINFNOptical networking stocks slide after Finisar results
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