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Stock Market & Financial Investment News

News Breaks
January 10, 2013
06:08 EDTUTSIUTStarcom announces results of tender offer
UTStarcom has accepted for purchase 25M of its ordinary shares at a price of $1.20 per share, for an aggregate cost of $30M, excluding fees and expenses relating to the tender offer. Based on the final tabulation by Computershare Trust Company, the Depositary for the tender offer, 63.36M of UTStarcom's ordinary shares were properly tendered and not withdrawn. UTStarcom has been informed by the Depositary that, after giving effect to the priority for "odd lots," the final proration factor is approximately 39.4%.
News For UTSI From The Last 14 Days
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March 20, 2015
10:08 EDTUTSIUTStarcom initiated with a Buy at Rosenblatt (pre-open)
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March 13, 2015
06:30 EDTUTSIUTStarcom sees FY15 non-GAAP operating income to see incremental improvements
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06:30 EDTUTSIUTStarcom 'fully committed' to broadband as driver of business
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06:29 EDTUTSIUTStarcom sees FY15 revenue growth in double digits, one estimate $138.79M
06:28 EDTUTSIUTStarcom sees Q1 revenue $25M-$30M, one estimate $32.51M
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06:28 EDTUTSIUTStarcom reports Q4 EPS (37c), one estimate (12c)
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