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Stock Market & Financial Investment News

News Breaks
October 2, 2012
10:37 EDTTSU, TITIM Participacoes facing regulatory investigation, Reuters reports
TIM Participacoes (TSU), Brazil's second-largest wireless phone company and the Brazilian affiliate of Telecom Italia (TI), is facing an investigation of its accounting practices by Brazilian securities regulator CVM and the U.S. SEC, according to a Reuters report. Reference Link
News For TSU;TI From The Last 14 Days
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June 30, 2015
07:45 EDTTIEU agrees to enact 'net neutrality' law, WSJ reports
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June 25, 2015
17:55 EDTTIVivendi CEO says 'never say never' on raising Telecom Italia stake, Reuters says
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June 24, 2015
15:41 EDTTIVivendi increases position in Telecom Italia to 14.9%
Vivendi (VIVHY) announced that it has received 1.11B ordinary shares, or 8.24%, of Telecom Italia (TI) in exchange for 4.5% of the share capital of Telefonica Brasil (VIV), in accordance with the option given to it as part of the sale of GVT to Telefonica (TEF). Separately, Vivendi increased its ordinary shares in Telecom Italia from the recently purchased 1.9% with an additional stake of 4.76% purchased on June 22 for a total of 6.66%, representing a global cash payment of approximately EUR1B. Vivendi now owns 14.9% of Telecom Italia’s ordinary shares and has thus replaced Telefonica as the company’s largest shareholder. "This investment represents an opportunity for Vivendi... to expand in a market with significant growth prospects and a very strong appetite for quality content. Vivendi intends to support Telecom Italia over the long term," said the company.
June 22, 2015
06:42 EDTTIVivendi expected to raise Telecom Italia stake to 14.9%, Reuters reports
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June 18, 2015
11:58 EDTTI, TSUTim Participacoes says TI still views it as 'strategic asset,' Reuters reports
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10:01 EDTTIOn The Fly: Analyst Initiation Summary
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09:16 EDTTITelecom Italia initiated with an Outperform at Raymond James
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