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Stock Market & Financial Investment News

News Breaks
September 26, 2012
07:23 EDTLEAP, CLWR, VZ, DTEGY, S, PCS, TFCC to weigh new spectrum rules Friday, NY Times reports
After years of limiting companies to no more than one-third of the available spectrum in a territory, the Federal Communications Commission will begin the process Friday to redraw, recalibrate or perhaps remove its existing rules, reported The New York Times. The FCC is also set to discuss rules for auctioning off newly reclaimed airwaves, the report said, adding that FCC staff has circulated its proposals to the five-member commission, but the agency would not discuss the possible outcomes before the Friday meeting. Reference Link
News For VZ;T;S;CLWR;PCS;DTEGY;LEAP From The Last 14 Days
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May 24, 2013
15:09 EDTTAT&T unit provides notice to redeem outstanding notes due July 2043
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09:28 EDTSDISH looking to develop broadband service, says Wells Fargo
After DISH (DISH) agreed to develop a fixed-mobile broadband service with nTelos (NTLS), Wells Fargo does not believe that DISH is looking to build a network. Rather, the firm thinks that DISH is looking to build a broadband service that is likely to operate on Sprint's (S) spectrum. The firm views the nTelos deal positively as it gives DISH a head start in developing a broadband offering in case it acquires Sprint. The firm keeps an Outperform rating on Sprint.
05:55 EDTCLWRStocks with implied volatility movement; CLWR LIFE
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May 23, 2013
19:45 EDTCLWR, SCrest reiterates opposition to Sprint-Clearwire merger
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19:37 EDTSDISH secures $9B in financing for Sprint deal, WSJ reports
DISH (DISH) has received commitment letters from five banks, including Barclays (BCS) and Jefferies, for financing for its $25.5B bid for Sprint (S), reports The Wall Street Journal, citing people familiar with the matter. Reference Link
18:13 EDTSDish responds to Softbank claims in attempt to take control of Sprint
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16:44 EDTTAT&T's new wireless fee may add a half-billion in yearly revenue, WSJ says
AT&T has initiated a 61c per month administrative fee to the bills of all of its contract wireless lines as of May 1, says the Wall Street Journal. The 61c monthly fee may result in in more than a half-billion dollars in annual revenue to the company, added WSJ. Reference Link
15:29 EDTSSprint, Softbank say all necessary state regulatory approvals received
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08:09 EDTSDISH issues statement on SoftBank and CFIUS
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07:10 EDTSSoftBank would allow U.S. influence over Sprint operations, WSJ reports
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06:08 EDTSOn the Fly: Periodicals Wrap-Up
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May 22, 2013
15:43 EDTS, CLWRClearwire holder group sees Sprint offer as still too low
Clearwire (CLWR) shareholders Mount Kellett, Highside Capital, Glenview Capital and Chesapeake Partners, who collectively reported an 18.2% stake in Clearwire, stated in a regulatory filing that they continue to believe that the proposed price offered by Sprint (S) for Clearwire is too low.
14:06 EDTSGoogle’s X Phone confirmed for Sprint, BGR says
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09:09 EDTS, CLWRClearwire board recommends holders vote for increased offer from Sprint
Clearwire (CLWR) announced that its Special Committee of the board have each approved the revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. The Special Committee of the board determined that the revised offer, when compared with other potential transactions reasonably available to the company at this time, is the most favorable potential transaction to the company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals.
08:42 EDTVZVodafone an attractive way to play trends at Verizon Wireless, says RW Baird at RW Baird
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07:42 EDTVZBarclays to host a conference
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07:24 EDTVZNetEvents International to host a summit
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07:08 EDTVZ, TPhone companies start selling subscriber data, WSJ reports
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06:02 EDTT, VZOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
May 21, 2013
13:43 EDTS, CLWRClearwire reschedules special shareholder meeting
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