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Stock Market & Financial Investment News

News Breaks
February 18, 2014
08:47 EDTTSU, TITelecom Italia CEO says Tim Participacoes not for sale, Bloomberg reports
Telecom Italia (TI) CEO Marco Patuano says Brasil is a core market and that TIM Brasil (TSU) is not for sale, according to Bloomberg, citing Patuano's comments to reporters in Brasil.
News For TSU;TI From The Last 14 Days
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October 31, 2014
08:32 EDTTI, TSUAmerica Movil units, Oi near deal to buy Tim Participacoes, Folha reports
America Movil (AMX, AMOV) units Claro and Vivo and Oi S.A. (OIBR) have agreed to buy Tim Participacoes (TSU), the Brazilian subsidiary of Telecom Italia (TI), said Folha de Sao Paulo, which added that while the value of the deal is not finalized it may reach $13B. Under the agreement, Claro should own 40% of TIM, and the other 60% will be split between Vivo and Oi, Folha said. The report also said key shareholders, such as Vivendi (VIVHY), are likely to accept. Reference Link
October 27, 2014
12:27 EDTTSUOn The Fly: Midday Wrap
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09:06 EDTTSUBrazil stocks drop after President wins reelection
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October 24, 2014
06:39 EDTTI, TSUTelecom Italia nears agreement to divest TIM mobile towers, Reuters says
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