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Stock Market & Financial Investment News

News Breaks
April 25, 2011
05:31 EDTTMRK, VZTerremark date for settlement of litigation of Verizon acquisition is Jun 21
Terremark Worldwide, Inc., a subsidiary of Verizon Communications Inc., announced that the Delaware Court of Chancery will hold a hearing on June 21 to consider the proposed settlement of litigation brought in connection with Verizonís acquisition of Terremark. In accordance with an April 8 scheduling order issued by the court, notice of the settlement, which was announced in February, will be mailed to all members of the settlement class, namely those persons and entities that held Terremark common stock at any point between and including October 1, 2010, and April 11, 2011. There can be no assurance that the court will approve the settlement. If it is not approved, Terremark, Verizon and the other defendants intend to defend vigorously against the claims. All of the defendants continue to deny all allegations of wrongdoing, fault or liability made in the litigation and have entered into the settlement solely to avoid the substantial burden, expense, inconvenience and distraction of continued litigation, and to resolve the claims against them fully and finally.
News For TMRK;VZ From The Last 14 Days
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March 26, 2015
09:02 EDTVZSamsung Galaxy S6, S6 edge to be available in U.S. beginning April 10
Samsung Electronics America (SSNLF) announced the Galaxy S 6 and Galaxy S 6 edge will be available in the U.S. beginning April 10, with pre-orders starting March 27. In the U.S., the Galaxy S 6 and Galaxy S 6 edge will be available in Black Sapphire, White Pearl and Gold Platinum -- in 32GB, 64GB and 128GB2 memory options. AT&T (T), Sprint (S), T-Mobile (TMUS), U.S. Cellular (USM) and Verizon Wireless (VZ) will carry both the Galaxy S 6 and Galaxy S 6 edge, while Boost Mobile, Cricket Wireless and MetroPCS will carry the Galaxy S 6. Samsung Experience Shops at Best Buy (BBY), as well as Amazon.com (AMZN), Costco Wholesale (COST), Samís Club (WMT), Target (TGT) and Walmart will also carry the Galaxy S 6 and Galaxy S 6 edge. Carriers and retailers will confirm specific pricing and availability.
March 25, 2015
05:57 EDTVZStocks with implied volatility movement; VZ PG
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March 24, 2015
09:05 EDTVZVerizon moves to 100G network in the U.S.
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07:47 EDTVZBrookings Institution holds a discussion
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March 23, 2015
10:08 EDTVZVerizon management to meet with Oppenheimer
Meeting to be held in Europe on March 24 hosted by Oppenheimer.
March 18, 2015
13:59 EDTVZT-Mobile announces 'Un-contract,' 'Carrier Freedom' initiatives
Today, during an event held to announce Un-carrier 9.0 − Un-carrier for Business − T-Mobile (TMUS) unveiled two new major Un-carrier initiatives for consumers. First, with T-Mobileís new "Un-contract," customers will now have more certainty in their wireless pricing than ever before. Consumers and businesses with the Simple Choice rate plan will find that rates wonít go up as long as theyíre a T-Mobile customer and keep their plan − and even customers with unlimited 4G LTE will lock in their rates for a minimum of two years. The Un-carrier also launched "Carrier Freedom," a new move where T-Mobile will now cover all outstanding phone and tablet payments up to $650 per line when customers from AT&T (T), Verizon (VZ) or Sprint (S) switch to T-Mobile.
10:26 EDTVZVerizon agrees to settle 911 outage probe for $3.4M
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09:23 EDTVZVerizon may launch mobile TV service as soon as June, Bloomberg says
Verizon (VZ) has secured mobile television streaming rights with Viacom (VIA, VIAB) and DreamWorks Animation (DWA) and plans to start a mobile video streaming service as early as June, according to Bloomberg, citing a person familiar with the matter. Verizon plans to have programming from ABC (DIS), NBC (CMCSA), CBS (CBS) and Fox (FOXA) as part of the service, the report added. The Fly notes that Verizon has publicly confirmed previously that it plans to launch such a service, but has not provided many details to date.
March 17, 2015
06:10 EDTVZSpherix announces Markman hearing held as scheduled in Verizon case
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