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Stock Market & Financial Investment News

News Breaks
February 4, 2013
06:46 EDTUSM, DTEGY, VZ, S, TWireless carriers fighting FCC WiFi proposal, Washington Post says
The FCC has proposed the creation of super WiFi networks around the U.S. that would enable consumers to make cellphone calls or surf the Internet without paying cellphone bills, according to The Washington Post. Wireless carriers have launched a campaign against the plan, the newspaper noted. Reference Link
News For VZ;T;S;DTEGY;USM From The Last 14 Days
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June 18, 2013
18:36 EDTSDISH issues update on Sprint proposal
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13:51 EDTTBlackBerry's Q10 to be available at AT&T June 21, Cnet says
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11:30 EDTSDISH issues statement on Sprint complaint
DISH Network (DISH) issued the following statement in response to Sprint Nextel's (S) June 17 allegations against DISH and Clearwire (CLWR): “Sprint’s lawsuit is a transparent attempt to divert attention from its failure to deal fairly with Clearwire’s shareholders, as well as to exploit its majority position to block Clearwire’s shareholders from receiving a fair price for their shares. DISH is confident that its superior offer, which has been unanimously recommended by the Clearwire Board, including the majority appointed by Sprint, will be upheld and Clearwire shareholders will be free to realize the 29 percent premium represented by the DISH offer.”
07:42 EDTTO'Reilly Media to hold a conference
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06:14 EDTVZVerizon eyes Canada's Wind Mobile, Bloomberg reports
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05:55 EDTSStocks with implied volatility movement; S KNDI
Stocks with implied volatility movement; Sprint (S), Kandi Technologies (KNDI) according to IVolatility.
June 17, 2013
19:19 EDTSSprint files suit against DISH, Clearwire over tender offer
Sprint (S) announced that it has filed a complaint in the Delaware Court of Chancery against DISH Network (DISH) and Clearwire (CLWR) asking the court to prevent the consummation of the DISH tender offer for Clearwire. Sprint believes the transaction violates Delaware law and the rights of both Sprint and Clearwire’s other strategic investors under Clearwire’s charter and under the equity hHolders agreement. In addition to seeking to enjoin the tender offer, Sprint’s lawsuit seeks to rescind certain parts of the tender offer agreement and seeks declaratory, injunctive, compensatory and other relief.
11:18 EDTS, VZ, TSamsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link
11:10 EDTTSierra Wireless is likely beneficiary General Motors vehicle connectivity, says Avondale
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09:55 EDTT, VZVerizon considering move into Canada, Globe and Mail says
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07:13 EDTTTelefonica denies it received $93B offer from AT&T, Reuters reports
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06:14 EDTTOn the Fly: Periodicals Wrap-Up
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June 14, 2013
10:31 EDTSSprint issues statement in response to White House broadband initiatives
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09:55 EDTDTEGY, ST-Mobile confirmed by Softbank as 'Plan B' if Sprint bid fails, Bloomberg says
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07:21 EDTTClinton Global Initiative to host to host a meeting
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07:15 EDTS, DTEGY, VZ, TNSA data not collected directly from Verizon Wireless, T-Mobile, WSJ says
Because of their foreign ownership ties, Verizon Wireless (VZ, VOD) and T-Mobile USA (TMUS, DTEGY) do not have data on their calls collected directly by the National Security Agency, according to The Wall Street Journal, citing people familiar with the matter. The Journal's sources said the other two nationwide carriers, AT&T (T) and Sprint (S), have long cooperated with the government and officials believe they can still capture information on 99% of U.S. phone traffic because nearly all calls eventually travel over the networks owned by other cooperating companies. Reference Link
07:13 EDTSISS wants Clearwire shareholders to reject Sprint deal, Reuters reports
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06:08 EDTSOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The strong Q1 corporate profits may not be as good as they look, according to an analysis by the Wall Street Journal that shows that the extension of a big tax credit quietly boosted the profits of dozens of companies...Many investors have lowered their expectations for future inflation, a shift that could get the attention of Fed officials as they consider the course of their bond-buying program at a policy meeting next week. The Fed has a 2% inflation goal and doesn't want consumer prices to veer too much above or below that number over time, the Wall Street Journal reports...REUTERS: Proxy advisory firm Institutional Shareholder Services urged Clearwire (CLWR) shareholders to vote against majority shareholder Sprint Nextel’s (S) $3.40 per share offer for Clearwire stock it does not already own, Reuters reports...U.S. investment firm Royalty Pharma said it expects the majority of takeover target Elan's (ELN) shareholders will reject the Irish firm's own proposed acquisition deals at a shareholder meeting on Monday, Reuters reports...BLOOMBERG: Boeing (BA), coming back from the 787 Dreamliner’s three-month grounding, is moving closer to a further production increase that would reward investors by freeing up billions of dollars for dividends and buybacks, Bloomberg reports...Fiat (FIATY) and Chrysler Group CEO Sergio Marchionne is closing in on refinancing deals for both automakers ahead of a plan to merge the two companies, sources say, Bloomberg reports.
06:06 EDTSDish's broken pledge complaint called 'nonsensical,' Bloomberg reports
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June 13, 2013
09:30 EDTTClinton Global Initiative to host to host a meeting
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