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Stock Market & Financial Investment News

News Breaks
January 24, 2013
07:54 EDTVOD, VZVodafone troubles seen benefiting Verizon with wireless deal, Bloomberg reports
Verizon Communications (VZ) may now be in its strongest position to take full control of Verizon Wireless from its Vodafone Group (VOD) venture partner, reports Bloomberg. While Verizon Communications shares have gained 22% in the last two years, Vodafone’s stock dropped 7.8% in U.S. dollar terms due to a long period of sales declines, increased competition in Europe, and an economic slowdown. That helped push Verizon's market value higher than Vodafone’s in December for the first time in a decade, according to Bloomberg data. Reference Link
News For VOD;VZ From The Last 14 Days
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May 21, 2013
07:38 EDTVODIPO for Vodafone's India unit unlikely in 2013, Reuters reports
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07:32 EDTVZCTIA–The Wireless Association to host a conference
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05:57 EDTVODVodafone sees FY14 adjusted operating profit 12.0B-12.8B pounds
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05:56 EDTVODVodafone reports FY13 adjusted profit 11.96B pounds vs. 11.53B pounds a year ago
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05:50 EDTVOD, VZVodafone to invest $3.15B Verizon dividend on business, WSJ reports
Vodafone Group said it will keep the $3.15B dividend payment it will receive from Verizon Wireless and invest it in its flagging operations in Europe, which weighed heavily on its full-year profit, reports the Wall Street Journal. Reference Link
May 20, 2013
07:43 EDTVODVodafone ends relationship with BT, Reuters reports
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May 17, 2013
16:47 EDTVZFitch affirms Verizon's IDR at 'A', outlook stable
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15:12 EDTVZ, VODFocus on Verizon Wireless stake ahead of Vodafone earnings, Reuters says
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06:50 EDTVZVerizon initiated with an Overweight at Barclays
Target $59.
May 15, 2013
17:36 EDTVODPaulson gives quarterly update on stakes
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09:15 EDTVODVodafone volatility increases as shares pull back from five-year high
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07:08 EDTVODVodafone tax settlement offer advances in India, Business Standard says
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May 14, 2013
11:54 EDTVZVerizon CFO says 'very comfortable' with cash position, ability to pay dividend
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11:49 EDTVOD, VZVerizon CFO declines to comment on potential to purchase Vodafone JV stake
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07:27 EDTVODNokia introduces Lumia 925 with metal body, PureView camera
Nokia (NOK) introduced the Nokia Lumia 925, which introduces a metal design and includes the most advanced lens technology and next generation imaging software for clearer, sharper pictures and video, including the best low light images. The Nokia Lumia 925 also introduces the new Nokia Smart Camera mode, coming as an update to all Lumia Windows Phone 8 smartphones. The Lumia 925 is being introduced into Europe with Vodafone (VOD), along with other operator and retail partners. In addition to Europe, the Nokia Lumia 925 will be introduced into the US by T-Mobile (TMUS) and into China by China Mobile (CHL) and China Unicom (CHU). Sales are expected to start in the U.K., Germany, Italy, Spain and China in June, followed by the U.S. and a number of other markets.
May 13, 2013
16:48 EDTVZ, VODVerizon Wireless to make $7B payment to Verizon, Vodafone
Verizon (VZ) disclosed in a regulatory filing that on May 9, the board of representatives of Verizon Wireless declared distributions to its owners in the aggregate amount of $7B, payable on June 25 in proportion to their respective partnership interests on the date of such distribution. Based on current ownership interests in Verizon Wireless, Verizon will receive cash payments aggregating $3.85B and Vodafone (VOD) will receive cash payments aggregating $3.15B.
07:29 EDTVZSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
May 10, 2013
07:08 EDTVZ, VODESPN considers subsidizing wireless data plans, WSJ reports
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May 7, 2013
07:54 EDTVODVodafone unlikely to settle tax fight in India in near-term, FT says
India’s finance minister previously said that he expected a negotiated solution to end the $2.6B tax dispute between the government and Vodafone could be reached before April’s annual budget, but little progress has since been made and a settlement appears unlikely to happen for at least another year, according to the Financial Times, citing people familiar with the situation. Reference Link

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