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Stock Market & Financial Investment News

News Breaks
January 6, 2014
07:01 EDTVZ, TMUST-Mobile to acquire 700 MHz A-block spectrum for $2.365B from Verizon Wireless
T-Mobile US (TMUS) announced that its wholly-owned subsidiaries T-Mobile USA, Inc. and T-Mobile License, LLC have signed agreements to purchase certain 700 MHz A-Block spectrum licenses from Verizon Wireless (VZ, VOD) for $2.365B in cash and the transfer of certain AWS and PCS spectrum licenses, which have an aggregate estimated value of approximately $950M. The transactions, combined with T-Mobile’s existing A-Block holdings in Boston, will result in T-Mobile having important low-band spectrum in 9 of the top 10 and 21 of the top 30 markets across the United States. Also, as part of the transaction, the two companies will realign spectrum blocks in certain markets, primarily in northern California and the Atlanta area. The agreements are subject to approval by the Federal Communications Commission and the Department of Justice, and other customary closing conditions. Following regulatory approval, these transactions are expected to close in mid-2014.
News For TMUS;VZ From The Last 14 Days
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April 17, 2014
07:54 EDTVZVerizon 2014 consensus estimates have upside, says Jefferies
Jefferies sees upside to the 2014 consensus estimates for Verizon given the better than expected equipment installment plans market. The firm sees 17% upside to its year-end price target of $55 and it keeps a Buy rating on Verizon.
April 15, 2014
13:49 EDTVZEarnings Preview: Analysts optimistic on Intel ahead of Q1 report
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April 14, 2014
09:10 EDTTMUS, VZT-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTVZ, TMUST-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
07:06 EDTVZU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
06:40 EDTTMUSNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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April 11, 2014
09:19 EDTVZANADIGICS ships AWC6383 dual-band ProVantage PA to Samsung
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07:26 EDTVZTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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April 9, 2014
11:15 EDTTMUS, VZT-Mobile unveils $40 monthly price plan called 'Simple Starter'
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April 8, 2014
07:52 EDTTMUSComcast, Time Warner execs go before critic at hearing, Reuters says
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07:14 EDTVZAT&T wants to force customers in Alabama town to switch to wireless, WSJ reports
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April 7, 2014
16:01 EDTVZOptions Update; April 7, 2014
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09:34 EDTVZActive equity options trading on open
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07:04 EDTVZCincinnati Bell to sell wireless spectrum licenses to Verizon Wireless
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April 4, 2014
11:02 EDTTMUSSoftbank said to eye possible M&A opportunities in Europe, Forbes says
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08:47 EDTVZLenovo, IBM deal investigated by U.S. over Pentagon servers, Bloomberg says
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08:07 EDTTMUSRegulators 'increasingly open' to Sprint, T-Mobile merger, says FBR Capital
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06:36 EDTTMUST-Mobile to offer $100 credit to Blackberry customers, Re/code reports
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April 3, 2014
12:20 EDTVZ, TMUSGoogle considers wireless service in Fiber markets, The Information says
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