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Stock Market & Financial Investment News

News Breaks
January 30, 2013
10:06 EDTTKCTurkcell drops after court says Cukurova should be able to redeem shares
Britian's Judicial Committee of the Privy Council issued a judgement in Cukurova Holding's case against Alfa Telecom Turkey. The Judicial Committee said it considers that there was an event of default, which entitled Alfa Telecom Turkey to "accelerate the loan and to appropriate - or forfeit - the charged shares, but that relief against forfeiture should be available" to Cukurova "on appropriate conditions." The shares in question refer to Turkcell. Following the ruling, shares of Turkcell (TKC) are down 8%, or $1.30, to $15.57. Reference Link
News For TKC From The Last 14 Days
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September 25, 2014
08:41 EDTTKCTurkcell announces initial results of Turkcell Healthmeter study
Turkcell and Istanbul University announced the initial results of a medical diabetes study carried out with mobile health solution Turkcell Healthmeter. The study "successfully produced significant" health benefits in a scientific research carried out by a medical institution. According to the results announced by project coordinator Ilhan Satman, Head of Endocrinology and Metabolic Diseases Division at Istanbul University’s Faculty of Medicine, Turkcell Healthmeter users’ average HbA1c levels decreased by 9%, the average preprandial blood glucose level decreased by 16% and the adaptability of patients to drug treatment increased by 25%.

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