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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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March 24, 2015
13:50 EDTTEFTelefonica to sell O2 U.K. to Hutchison Whampoa for GBP10.25B
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13:02 EDTTEFTelefonica agrees to sell O2 unit to Hutchison for GBP10.25B, Bloomberg reports
10:01 EDTTSUOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Banco Popolare (BPSAY) downgraded to Neutral from Buy at UBS... Century Aluminum (CENX) downgraded at Morgan Stanley... Global Power Equipment (GLPW) downgraded to Market Perform at William Blair... Ivanhoe Mines (IVPAF) downgraded to Equal Weight from Overweight at Morgan Stanley... JD Wetherspoon (JDWPY) downgraded to Hold from Buy at Jefferies... MEI Pharma (MEIP) downgraded to Market Perform from Outperform at Wells Fargo... NICE Systems (NICE) downgraded to Market Perform from Outperform at JMP Securities... Progressive (PGR) downgraded to Neutral from Buy at Goldman... Tim Participacoes (TSU) downgraded to Reduce from Overweight at HSBC... ZAGG (ZAGG) downgraded at Craig-Hallum.
06:26 EDTTSUTim Participacoes downgraded to Reduce from Overweight at HSBC
HSBC downgraded Tim Participacoes two notches to Reduce to reflect unrealistic high consensus revenue expectations and complicated issues with the Oi merger.
05:58 EDTTEFHutchison Whampoa to finalize deal to buy O2, Financial Times reports
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March 23, 2015
06:10 EDTTEFBT Group plans to announce BT Mobile 4G network this week, Telegraph reports
BT Group (BT) is said to be planning to announce the launch of its own 4G network this week, The Telegraph reports. The service, BT Mobile, will initially be offered to the company's 7.6M broadband subscribers and will compete with offerings from O2 (TEF) and Vodafone (VOD). Reference Link

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