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Stock Market & Financial Investment News

News Breaks
March 13, 2014
09:31 EDTTMUS, VZT-Mobile files cease and desist against Verizon over ads
T-Mobile (TMUS) announced it is pushing back against misleading competitive claims through a new primetime television ad that began airing in primetime last night - and the company has demanded Verizon (VZ) cease and desist with its well-known map ads."Verizon's ink blots massively understate our coverage and don't begin to represent the actual customer experience on T-Mobile's network," said John Legere, president and CEO of T-Mobile. "So we're setting the record straight - both by demanding an end to the misinformation, and by going straight to the people with the truth." T-Mobile has taken legal action demanding that Verizon cease and desist the carrier's network map advertising, arguing that Verizon has cherry-picked a single network technology to depict in its ads rather than accurately reflecting the many technologies widely in use today. T-Mobile reaches over 230 million people nationwide with 4G HSPA+, which provides 4G coverage in many locations where LTE has not yet been rolled out. This is in addition to T-Mobile's nationwide 4G LTE coverage.
News For TMUS;VZ From The Last 14 Days
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April 17, 2015
12:21 EDTVZOn The Fly: Top stock stories at midday
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06:17 EDTVZVerizon to offer monthly custom TV plans, Reuters reports
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April 14, 2015
10:51 EDTTMUSGoogle to sell mobile phone plans directly to customers, The Information reports
Google (GOOG) is looking to sell mobile phone plans directly to customers while managing their calls and mobile data over a cellular network, reports The Information. According to people with knowledge of the plans, the new service is expected to run on Sprint (S) and T-Mobile (TMUS) networks. Google expected to reach deals to buy wholesale across to those carriers' networks. A launch this year seems likely. Reference Link
April 13, 2015
20:16 EDTVZUSTelecom files net neutrality lawsuit against FCC
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07:16 EDTVZTechWeek to hold a conference
TechWeek Detroit 2015 is being held in Detroit on 4/13-19.
April 8, 2015
06:06 EDTTMUSSoftbank downsizing Silicon Valley presence, WSJ reports
SoftBank (SFTBF) has reduced its presence in Silicon Valley, relocating some employees to Japan and subsidiary Sprint's (S) headquarters in Kansas, The Wall Street Journal reports. The move to downsize comes after Sprint's failed bid to acquire T-Mobile US (TMUS) last year. Reference Link
April 7, 2015
16:00 EDTVZOptions Update; April 7, 2015
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09:35 EDTVZActive equity options trading on open
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April 6, 2015
16:00 EDTVZOptions Update; April 6, 2015
iPath S&P 500 VIX Short-Term Futures down 51c to 24.53. Option volume leaders: AAPL TSLA VZ TWTR BIDU RIG NFLX AMZN KO PBR according to Track Data.
10:01 EDTVZWeather Channel's core buiness facing 'major' threat, WSJ reports
The Weather Channel, which is owned by a consortium made up of NBCUniversal (CMCSA) and private equity firms Bain Capital and The Blackstone Group (BX), was dropped last month from Verizon's (VZ) FiOS TV service, and now the channel's backers are preparing for the possibility of being dropped by Dish Network (DISH), sources tell The Wall Street Journal. Though The Weather Channel is facing a "major" threat to its core business, the fees it collects from the pay-TV providers, the sources say that no formal sale by the company's owners is under way. Reference Link
06:45 EDTVZQualcomm downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Qualcomm (QCOM) to Market Perform, removed the stock from its Top Picks list and dropped its price target for shares to $72 from $80. FBR said the moves were prompted by a posting on AT&T's (T) website which said the carrier’s version of the GS6 smarphone is powered by the Samsung Exynos 7420 processor with a Shannon 333 modem as opposed to Qualcomm's Snapdragon platform. FBR still expects the Verizon (VZ) and Sprint (S) GS6 versions to sport Qualcomm modems, but it believes the change at AT&T signals Samsung’s "clear intent to utilize proprietary baseband whenever and wherever possible." Shares of chip maker Qualcomm closed Thursday down $1.46 to $67.97.
April 5, 2015
08:43 EDTVZAT&T, Philip Morris, eight others have reliable yields up to 5.7%, Barron's says
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