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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:13 EDTVIPVimpelCom volatility elevated into Russian move on Crimea
VimpelCom overall option implied volatility of 33 is above its 26-week average of 29 according to Track Data, suggesting large price movement into Russia’s move on Crimea.
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July 29, 2015
12:32 EDTVIPVimpelCom, CK Hutchison nearing Italian asset merger, Bloomberg reports
VimpelCom and CK Hutchison are nearing combining their wireless units in Italy to create Italy's largest mobile-phone company by customers, Bloomberg reports, citing people familiar with the matter. The companies are finishing up the details of the deal, with an announcement expected potentially in the next week at the earliest, the report says. The owners are discussing a possible capital increase of $2.2B for the entity, the report adds. Reference Link

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