New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 13, 2014
09:31 EDTVZ, TMUST-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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
October 2, 2015
16:27 EDTTMUSOn The Fly: Top stock stories for Friday
Stocks on Wall Street were lower at the open after the government's monthly jobs report showed fewer people than expected were hired last month and average hourly wages did not increase. However, the major indexes gathered themselves and began drifting higher, crossing back into the green in early afternoon trading. Before this morning, many investors expected that the Federal Reserve would start raising interest rates before the end of the year, but the jobs data for September has certainly raised doubts in that regard. ECONOMIC EVENTS: In the U.S., 142,000 nonfarm jobs were added last month, missing expectations for 201,000 job additions. Average hourly earnings were flat month-over-month, compared to expectations for them to rise 0.2% in September. The unemployment rate held at 5.1%, as expected. Factory orders fell 1.7% in August, versus expectations for them to drop 1.2%. Baker Hughes said that the U.S. rig count fell by 29 total rigs from last week to 809. COMPANY NEWS: Shares of big banks were underperformers after the jobs report cast doubt on how soon the Fed will begin raising interest rates. Shares of Wells Fargo (WFC) slid 0.32%, JPMorgan (JPM) dropped 0.21% and Bank of America declined 1.09%... Two of the nation's big four wireless carriers were in the news after Experian (EXPGY) announced that one of its units experienced an attack by hackers that exposed data from its client T-Mobile (TMUS) and The Wall Street Journal reported that Sprint (S) plans to eliminate as much as $2.5B in costs and make job cuts over the next six months. MAJOR MOVERS: Among the notable gainers was Wynn Resorts (WYNN), which surged 22.73% to $63.47 following reports that the Chinese government may provide economic support to the gaming center Macau, where Wynn and several peers operate casinos. Shares of Las Vegas Sands (LVS) gained 10.52%, MGM Resorts (MGM) rose 6% and Melco Crown (MPEL) advanced 13.88% after the news as well. Among the noteworthy losers was Amicus Therapeutics (FOLD), which dropped 53.53% to $6.39 after the company said it is unlikely to submit a New Drug Application for its Fabry disease treatment to the FDA by the end of the year. Also lower were shares of backup generator maker Generac (GNRC), which fell 5.18% to $27.62 after weather forecasters' latest models predicted that Hurricane Joaquin may stay offshore and not make landfall along the East Coast of the U.S. INDEXES: The Dow rose 200.36, or 1.23%, to 16,472.37, the Nasdaq gained 80.69, or 1.74%, to 4,707.77, and the S&P 500 advanced 27.54, or 1.43%, to 1,951.36.
15:14 EDTTMUSAs many as 4.6M Scottrade users' data exposed in breach, KrebsonSecurity says
Subscribe for More Information
12:02 EDTVZFrontier Communications, IBEW AFL-CIO reach agreement in Florida
Subscribe for More Information
10:00 EDTTMUSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Anthem (ANTM) initiated with a Buy at Citi... Apple (AAPL) initiated with a Buy at Drexel Hamilton... BioMarin (BMRN) initiated with an Outperform at Raymond James... Brookfield Property (BPY) initiated with a Buy at Evercore IS... Carbylan (CBYL) initiated with an Outperform at JMP Securities... Centene (CNC) initiated with a Buy at Citi... Cigna (CI) initiated with a Buy at Citi... Community Health (CYH) initiated with a Neutral at Citi... Diamondback Energy (FANG) initiated with a Buy at Evercore ISI... Domino's Pizza (DPZ) initiated with a Buy at Nomura... Envision Healthcare (EVHC) initiated with a Neutral at Citi... First Merchants (FRME) initiated with an Equal Weight at Stephens... FirstService (FSV) initiated with a Buy at Sidoti... HCA Holdings (HCA) initiated with a Neutral at Citi... Hibbett Sports (HIBB) initiated with a Market Perform at Barrington... Horizon Bancorp (HBNC) initiated with an Overweight at Stephens... LifePoint (LPNT) initiated with a Buy at Citi... MEDNAX (MD) initiated with a Neutral at Citi... Madison Square Garden (MSG) initiated with a Buy at BTIG... MainSource Financial (MSFG) initiated with an Overweight at Stephens... McDonald's (MCD) initiated with a Neutral at Nomura... MutualFirst Financial (MFSF) initiated with an Equal Weight at Stephens... Old Dominion (ODFL) initiated with a Buy at BofA/Merrill... PNC Financial (PNC) initiated with a Neutral at Hilliard Lyons... Papa John's (PZZA) initiated with a Buy at Nomura... Parsley Energy (PE) initiated with a Buy at Evercore ISI... PayPal (PYPL) initiated with a Sector Weight at Pacific Crest... RSP Permian (RSPP) initiated with a Buy at Evercore ISI... Radian Group (RDN) initiated with a Market Perform at Wells Fargo... Radius Health (RDUS) initiated with an Overweight at JPMorgan... Rogers Corporation (ROG) initiated with a Neutral at B. Riley... Smart & Final Stores (SFS) initiated with a Perform at Oppenheimer... Sprint (S) initiated with a Neutral at DA Davidson... State National (SNC) initiated with an Outperform at JMP Securities... T-Mobile (TMUS) initiated with a Buy at DA Davidson... Tenet (THC) initiated with a Neutral at Citi... UnitedHealth (UNH) initiated with a Buy at Citi... Universal Health (UHS) initiated with a Neutral at Citi... Wendy's (WEN) initiated with a Neutral at Nomura... Yum! Brands (YUM) initiated with a Buy at Nomura.
07:15 EDTTMUST-Mobile initiated with a Buy at DA Davidson
Target $50.
October 1, 2015
19:23 EDTTMUSOn The Fly: After Hours Movers
UP AFTER EARNINGS: CalAmp (CAMP), up 9%... Micron Technology (MU), up 7%. ALSO HIGHER: bebe stores (BEBE), up 12.7% after reaffirming its first quarter guidance and announcing that its September Same Store Sales turned positive... Coherus Biosciences (CHRS), up 7.5% after CHS-1701 PK/PD study met primary PD endpoints... Nordstrom (JWN), up 3.6% after announcing a special cash dividend and additional $1B repurchase program. DOWN AFTER EARNINGS: Progress Software (PRGS), down 15.7%. ALSO LOWER: Keurig Green Mountain (GMCR), down 3.1% after disclosing the that president of U.S. sales and marketing, John Whoriskey, resigned... T-Mobile (TMUS), down 1.4% after Experian (EXPGY) disclosed a data breach affecting T-Mobile customers... XenoPort (XNPT), down 5.2% after announcing that the company will discontinue the development of XP23829.
16:58 EDTTMUST-Mobile to review relationship with Experian after data breach
Subscribe for More Information
16:43 EDTTMUSExperian discloses data breach affecting T-Mobile consumers
Experian (EXPGY) announced that one of its business units experienced an unauthorized acquisition of information from a server that contained data on behalf of one of its clients, T-Mobile (TMUS). The data included some personally identifiable information for approximately 15M consumers in the U.S., including those who applied for T-Mobile USA postpaid services or device financing from September 1, 2013 through September 16, 2015, based on Experian's investigation to date. The incident did not impact Experian's consumer credit database. The data acquired included names, dates of birth, addresses, and social security numbers and/or an alternative form of ID like a drivers' license number, as well as additional information used in T-Mobile's own credit assessment. No payment card or banking information was acquired. "Experian is... offering two years of credit monitoring and identity resolution services through ProtectMyID... Although there is no evidence to-date that the data has been used inappropriately, Experian strongly encourages affected consumers to enroll," the company said.
September 30, 2015
19:51 EDTTMUSSirius XM blames T-Mobile towers for signal loss, WSJ says
Subscribe for More Information
11:31 EDTVZOn Track Innovations files patent infringement lawsuits against AT&T, Verizon
Subscribe for More Information
10:50 EDTVZAT&T, Verizon could find it hard to sell enterprise businesses, CTFN says
The wireline units of AT&T (T) and Verizon (VZ) that serve corporate customers may be viewed as good units to sell if the companies need to raise cash to help defray spectrum acquisition costs, but a small number of potential buyers and low EBITDA multiples for the units could make any such divestitures challenging, contended CTFN. Level 3 (LVLT) could be seen as a potentially interested buyer, but a source within the company told CTFN that purchasing units that are part of other companies, known as a "carve out," doesn't match the company's usual M&A strategy. Reference Link
09:31 EDTVZVerizon Ventures partners with Grand Central Tech
Subscribe for More Information
07:07 EDTTMUSDeutsche Bank to hold a conference
Subscribe for More Information
September 29, 2015
14:00 EDTTMUST-Mobile October weekly calls active
T-Mobile October weekly 41 and 41.50 calls are active on total call volume of 2,600 contracts (260 puts). October weekly call option implied volatility is at 52, October is at 47; compared to its 52-week range of 25 to 49 contracts. Active call volume suggests traders taking positions for large near term price movement.
13:55 EDTTMUST-Mobile could be eventual target for Altice, dealReporter says
Subscribe for More Information
06:18 EDTVZPublicis signs advertising partnership with Verizon's Go90 service, WSJ reports
Subscribe for More Information
September 28, 2015
14:08 EDTVZAOL announces the launch of LIVE by AOL
AOL announced the launch of LIVE by AOL, a comprehensive end-to-end service for the production, streaming, distribution and monetization of live events. LIVE by AOL brings together AOL's world-class video expertise with Verizon Digital Media Services to give content and media partners access to a complete suite of live experience solutions for all screens and devices. LIVE by AOL provides content and media partners with unprecedented distribution through the company's owned and operated properties, including, The Huffington Post, TechCrunch and more, in addition to a holistic and open network of over 1,700 publisher partners for live distribution across mobile, digital, over-the-top, and linear TV. In addition to LIVE's expansive reach, the solution also provides complete production capabilities, full content-preparation supported by cross-device, cloud-based encoding that is combined with Verizon Digital Media Services' high-performance stream delivery, and options to monetize through various advertising, sponsorship, and native integration options. "As the video landscape continues to evolve, live programming is the next frontier for innovation," said Jimmy Maymann, EVP and President, AOL Content & Consumer Brands. "LIVE by AOL not only unites the pillars of our business, but enables all of our content and media partners to tap into the power of live programming and bring that success to their own properties. As the lines between traditional television and online video blur, producing, distributing, and monetizing live content in the digital realm will be a deciding factor for those who successfully step into the next era of video."
13:42 EDTTMUS, VZVerizon offers annual upgrade plan for iPhone users
Subscribe for More Information
06:50 EDTVZVerizon's go90 wins $80M from backers, NY Post reports
Subscribe for More Information
September 25, 2015
09:50 EDTTMUSOn Track says reaches agreement in principle with T-Mobile to settle claims
On Track Innovations (OTIV) announced in a regulatory filing that on September 24, it notified the U.S. District Court, Southern District of New York, jointly with T-Mobile (TMUS) that the parties have reached an agreement in principle to settle both of the company's claims against T-Mobile and the parties requested from the Court a 30-days stay of all deadlines pending in both actions to negotiate the terms of a settlement agreement. The company expects that the net proceeds from the settlement with T-Mobile, if such settlement is reached, should not be significant and under Company's initial expectations.
1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use