New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 29, 2014
07:45 EDTS, TMUS, DTEGYT-Mobile, Sprint deal could come 'sooner than later,' says JPMorgan
After meeting last week with Sprint (S) CFO Joe Euteneuer, T-Mobile (TMUS) CFO Braxton Carter and Deutsche Telekom (DTEGY) CEO Tim Hottges, JPMorgan believes a Sprint and T-Mobile deal could come "sooner than later." The firm thinks Deutsche Telekom, the majority owner of T-Mobile, is more open to a deal as long as TMobile is the surviving brand and management. JPMorgan believes such a merger would be initially blocked by the Department of Justice, and estimates the likelihood of successful litigation around 50%. The firm models a $42 per share bid for T-Mobile. Shares of the company closed yesterday up 8c to $34.40.
News For TMUS;S;DTEGY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 1, 2014
09:03 EDTSSprint continues pledge to 'double the data' vs. AT&T, Verizon
Subscribe for More Information
07:20 EDTSDeutsche Bank to hold a conference
Subscribe for More Information
September 30, 2014
07:53 EDTTMUS, SAnalysts see AT&T with early lead over Verizon in connected cars, Reuters says
Subscribe for More Information
September 29, 2014
12:18 EDTSOn The Fly: Midday Wrap
Subscribe for More Information
10:32 EDTSDreamWorks jumps after report of Softbank takeover talks
Subscribe for More Information
September 26, 2014
15:47 EDTDTEGY, TMUSDeutsche Telekom mulling longer stay in U.S. with T-Mobile, Reuters says
Deutsche Telekom (DTEGY) is mulling the possibility of keeping its investment in T-Mobile U.S. for at least another year as it worries that the current bidder for T-Mobile, Iliad (IILIAF), will not be able to offer an ample bid for the 56.6% stake in the U.S. telecom operator, Reuters reports, citing three people familiar with the matter. Deutsche Telekom could still be convinced to sell its stake in T-Mobile if Iliad can secure partners to significantly increase its offer, the people added. Reference Link
07:55 EDTTMUST-Mobile unlikely to receive good takeover offer from Iliad, says Pacific Crest
Pacific Crest does not expect Iliad (ILIAF) to offer enough money to acquire T-Mobile (TMUS). The firm does not think that T-Mobile should accept an offer below $40, and it reports that its checks show increased switching to T-Mobile in the wake of the recent iPhone launch. Pacific Crest believes that T-Mobile's valuation remains compelling, and it keeps an Outperform rating on the shares.
05:50 EDTS, TMUSStocks with implied volatility movement; TMUS S
Subscribe for More Information
September 22, 2014
06:58 EDTDTEGY, TMUSIliad enacts mid-October cut-off date for T-Mobile offer, Reuters says
Subscribe for More Information
September 20, 2014
21:29 EDTDTEGY, TMUSIliad faces obstacles in T-Mobile bid, Bloomberg says
Subscribe for More Information
September 19, 2014
18:40 EDTTMUS, DTEGYIliad sets mid-October deadline for T-Mobile bid, Reuters reports
Subscribe for More Information
12:20 EDTDTEGY, TMUSIliad financing talks yet to yield higher T-Mobile bid, Bloomberg reports
Iliad talks with potential partners for additional financing have not yet resulted in a higher bid for T-Mobile (TMUS), Bloomberg reports, citing people familiar with the matter. Iliad is facing hurdles while Deutsche Telekom (DTEGY) reconsiders plans for its U.S. unit, Bloomberg adds. Reference Link
11:28 EDTTMUSIliad seeking additional financing for T-Mobile bid, Bloomberg reports
Subscribe for More Information
10:06 EDTDTEGYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Eagle (AEO) upgraded to Buy from Neutral at Goldman... Concur (CNQR) upgraded to Neutral from Sell at Goldman... Continental Resources (CLR) upgraded to Buy from Neutral at Global Hunter... Deutsche Telekom (DTEGY) upgraded to Buy from Neutral at Citigroup... DuPont (DD) upgraded to Buy from Hold at BGC Financial... First Horizon (FHN) upgraded to Outperform from Market Perform at Raymond James... Francesca's (FRAN) upgraded to Buy from Neutral at Buckingham... Guess (GES) upgraded to Neutral from Underperform at Buckingham... National CineMedia (NCMI) upgraded to Outperform from Market Perform at FBR Capital... Patterson-UTI Energy (PTEN) upgraded to Overweight from Equalweight at Capital One... SABMiller (SBMRY) upgraded to Neutral from Reduce at Nomura... Synovus (SNV) upgraded to Strong Buy from Outperform at Raymond James... Texas Capital (TCBI) upgraded to Buy from Hold at Wunderlich... VF Corp. (VFC) upgraded to Buy from Hold at KeyBanc... Zions Bancorp (ZION) upgraded to Strong Buy from Outperform at Raymond James.
07:36 EDTSSprint price target cut to $8-$10 from $11-$11.75 at Wells Fargo
Subscribe for More Information
05:31 EDTDTEGYDeutsche Telekom upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
September 17, 2014
12:53 EDTSSprint management to meet with Jefferies
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use