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Stock Market & Financial Investment News

News Breaks
July 18, 2014
07:10 EDTTEF, TITelefonica smaller Telecom Italia share could cut Brazil worries, Reuters says
Telefonica's (TEF) motion to decrease its share in Telecom Italia (TI) could help the firm appease regulators over competition worries in Brazil and potentially quicken consolidation in that market, according to Reuters, citing comments from one source familiar with Telefonica's thinking. Reference Link
News For TEF;TI From The Last 14 Days
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October 24, 2014
06:39 EDTTITelecom Italia nears agreement to divest TIM mobile towers, Reuters says
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October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link

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