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Stock Market & Financial Investment News

News Breaks
September 28, 2012
13:37 EDTAAPL, VZ, S, TFCC moves forward in proposed auction of TV frequencies, Bloomberg says
The FCC voted 5-0 to approve a document that would move the agency towards an auction of television frequencies to be sold to mobile providers, including Verizon (VZ) and AT&T (T), Bloomberg reports. The auction of these frequencies, which would voluntarily be surrendered by TV stations, is expected to total $15B. Reference Link
News For VZ;T;S;AAPL From The Last 14 Days
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May 21, 2013
13:43 EDTSClearwire reschedules special shareholder meeting
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13:36 EDTSClearwire holder Crest Financial protest company's delay of vote on merger
Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (CLWR), protested the decision of the Clearwire Board of Directors to adjourn the Clearwire special meeting to consider Sprint's (S) increased offer price of $3.40 per share. Crest said that it has sent a letter to the Clearwire Board of Directors urging them to resist Sprint's new offer so that Clearwire can pursue direct offers through a competitive process once the bidding war over Sprint is concluded. Crest's letter to the Clearwire Board said, "Sprint's new offer for Clearwire still significantly undervalues Clearwire and its assets and provides no protections to minority stockholders."
09:42 EDTAAPLActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C
09:34 EDTAAPLApple trades lower, levels to watch
The shares are down less than 1% in the early going, last at $439.04. At that price, next support is at $437.85, a prior pivot high and then at $433.26. Resistance is at $444.46.
09:32 EDTSClearwire to resume trading at 9:45 am ET
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09:23 EDTSClearwire receives increase offer from Sprint
Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint.
09:22 EDTSClearwire receives increase offer from Sprint
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09:03 EDTSSprint increases offer for Clearwire to $3.40 per share from $2.97
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09:01 EDTSSprint increases offer for Clearwire to $3.40 per share
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08:57 EDTSSprint to raise bid for Clearwire above $2.97 prior offer, DJ says
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08:12 EDTAAPLSenate Homeland Security and Governmental Affairs Committee to hold a hearing
The Permanent Subcommittee on Investigations holds a hearing entitled, "Offshore Profit Shifting and the U.S. Tax Code - Part 2 (Apple Inc.)" with CEO Cook, SVP & CFO Oppenheimer and Head of Tax Operations Bullock of Apple (AAPL) on May 21 at 9:30 am. Webcast Link
07:50 EDTAAPLIreland rejects allegations that it's a tax haven, FT reports
Ireland rejected allegations contained in a U.S. Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes worldwide, reports the Financial Times. Deputy Prime Minister Eamon Gilmore said Ireland was “a highly tax compliant country” and loopholes in other countries were to blame for multinational companies’ use of complex tax avoidance strategies. Reference Link
07:43 EDTTFierceWireless to host a breakfast meeting
Pre-Conference Breakfast at CTIA 2013 is being held in Las Vegas on May 21 at 10:30 am.
07:32 EDTVZCTIA–The Wireless Association to host a conference
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07:05 EDTAAPLSenate report says Apple avoided paying taxes on $44B of income, Politico says
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06:03 EDTSClearwire to postpone today's vote on Sprint deal, NY Post reports
Clearwire (CLWR) will postpone today's shareholder vote on Sprint's (S) $2.97 per share takeover offer, New York Post reports. Reference Link
05:50 EDTVZVodafone 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
05:40 EDTSSoftbank confirms waiver, expects Sprint deal to close in six weeks
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05:36 EDTTAT&T provides statement regarding Oklahoma tornado
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05:31 EDTSDISH, Sprint to engage in talks
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