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Stock Market & Financial Investment News

News Breaks
August 1, 2011
17:48 EDTT, AMX, TMX
theflyonthewall.com: AT&T to tender all of its Telmex shares
AT&T (T) announced that it would tender all of its shares of Telmex (TMX) following an announcement by the board of America Movil (AMX) approving a tender offer for the remaining outstanding shares of Telmex at $10.50 Mexico pesos per share, that are not already owned by America Movil. This offer would value AT&T's holdings at approximately $1.37B. Assuming the tender offer is launched and it is completed, AT&T expects to report a gain of 1c-3c per share in respect of the sale of AT&T's Telmex shares. :theflyonthewall.com



News For TMX;AMX;T From The Last 14 Days
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May 24, 2012
09:07 EDTT
theflyonthewall.com: NVIDIA Icera modem chipset validated on AT&T LTE network

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May 23, 2012
08:19 EDTAMX
theflyonthewall.com: America Movil downgraded to Neutral from Overweight at JPMorgan

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May 22, 2012
15:09 EDTT
theflyonthewall.com: AT&T has a conference call hosted by JP Morgan

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06:24 EDTT
theflyonthewall.com: International smartphone vendors concerned about LTE supply, Digitimes reports

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May 21, 2012
09:43 EDTT
theflyonthewall.com: Some HTC phones reportedly released by Customs, Boy Genius says

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07:35 EDTT
theflyonthewall.com: Small Business Administration to host a conference
National Small Business Week 2012 is being held in Washington, D.C. on May 20-22. :theflyonthewall.com

May 17, 2012
13:03 EDTT
theflyonthewall.com: T-Mobile launches no-contract plans

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10:54 EDTT
theflyonthewall.com: AT&T says Lumia sales exceeded expectations
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10:51 EDTT
theflyonthewall.com: AT&T says spectrum deals should be much faster

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10:49 EDTT
theflyonthewall.com: AT&T says U.S. is the most competitive market in wireless

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10:43 EDTT
theflyonthewall.com: AT&T does not see anything that will dampen the data demand
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10:42 EDTT
theflyonthewall.com: AT&T says largest market driver is data demand, transition into cloud

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06:15 EDTT
theflyonthewall.com: On the Fly: Periodicals Wrap-Up

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00:23 EDTT
theflyonthewall.com: Jim Cramer's "Mad Money"

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May 16, 2012
06:04 EDTAMX
theflyonthewall.com: Morgan Stanley cuts stake in KPN to 4.93%, Reuters reports

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May 15, 2012
11:02 EDTT
theflyonthewall.com: AT&T Government Solutions chosen as prime vendor for Homeland Security contract

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10:33 EDTT
theflyonthewall.com: Sprint needs in customer satisfaction according to new report, CNet says

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May 13, 2012
15:56 EDTT
theflyonthewall.com: LTE could help Verizon and AT&T, hurt Sprint-Nextel, Barron's reports
Barron’s Technology Trader columnist Tiernan Ray went out on a limb and predicted that we'll see the end of the traditional phone company over the course of the next several years. His reasoning is that the fast pace at which data -- e-mails, text messages, Web pages, tweets -- happens with displace plain old phone calls. Over the next couple of years, 4G/ LTE, or long-term evolution, will move cellphone voice calls from traditional cellular networks to the Internet. The phone companies won't go away, but Ray contends that they'll be challenged to make the economics work without the assurance of a monthly tax on your phone calls. The dominant carriers, Verizon (VZ) and AT&T (T) in this country, would see their relative positions improve. While Ray believes the smaller ones, such as Sprint-Nextel (S) and Deutsche Telekom's (DTEGY) T-Mobile USA, could suffer. Reference Link :theflyonthewall.com