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Stock Market & Financial Investment News

News Breaks
January 6, 2014
05:46 EDTTEF, TI, TSUTelefonica says it's not making a joint bid for TIM Brasil, Reuters reports
Telefonica (TEF) denied today that it was involved in looking at making a joint offer for Telecom Italia's (TI) Brazilian wireless network operator TIM Brasil, reports Reuters. Reference Link
News For TEF;TSU;TI From The Last 14 Days
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January 29, 2016
06:31 EDTTEFTelefonica to take $3.2B hit for early retirement plan, Bloomberg says
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06:31 EDTTEFTelefonica to take $3.2B hit for early retirement plan, Bloomberg says
Telefonica plans to offer employees early retirement in a plan that will cost $3.2B upfront while saving money over the long-term in an effort to reduce debt, Bloomberg reports. The Spanish telephone company will open the plan right away to certain employees and will report the $3.2B charge as part of its Q4 results next month, the report says, citing a regulatory filing. The move is expected to save an average of EUR370M annually beginning in the second year of the plan, the report says. Reference Link
January 26, 2016
07:53 EDTTSURBC Capital to hold a field trip
Brazil Telecoms Trip travels throughout Sao Paulo, Brazil visiting with various companies on January 26-27.

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