News Breaks |
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| September 7, 2012 |
| 06:53 EDT |  | DIS, GCI, VZ, NWSA, CBS, S, CLWR, SNI, T | FCC to propose auctioning off TV airwaves to carriers, Washington Post says
The FCC will later today propose a plan to auction off TV airwaves to wireless carriers, according to The Washington Post, which cited an unnamed official familiar with the matter. The carriers will use the new airwaves to develop faster and more reliable networks, the publication added. Reference Link |
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News For VZ;T;S;GCI;SNI;CBS;DIS;CLWR;NWSA From The Last 14 Days Check below for free stories on VZ;T;S;GCI;SNI;CBS;DIS;CLWR;NWSA the last two weeks. |
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| May 23, 2013 |
| 19:45 EDT |  | CLWR, S | Crest reiterates opposition to Sprint-Clearwire merger
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| 19:37 EDT | | S | DISH 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 |
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| 18:13 EDT | | S | Dish responds to Softbank claims in attempt to take control of Sprint
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| 16:44 EDT | | T | AT&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 |
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| 15:39 EDT |  | NWSA | News Corp. to host investor day
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| 15:29 EDT | | S | Sprint, Softbank say all necessary state regulatory approvals received
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| 08:09 EDT | | S | DISH issues statement on SoftBank and CFIUS
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| 07:10 EDT | | S | SoftBank would allow U.S. influence over Sprint operations, WSJ reports
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| 06:08 EDT | | S | On the Fly: Periodicals Wrap-Up
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| May 22, 2013 |
| 15:43 EDT | | CLWR, S | Clearwire 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. |
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| 14:06 EDT | | S | Google’s X Phone confirmed for Sprint, BGR says
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| 09:09 EDT | | S, CLWR | Clearwire 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. |
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| 08:42 EDT |  | VZ | Vodafone an attractive way to play trends at Verizon Wireless, says RW Baird at RW Baird
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| 07:42 EDT | | VZ | Barclays to host a conference
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| 07:24 EDT | | VZ | NetEvents International to host a summit
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| 07:08 EDT | | VZ, T | Phone companies start selling subscriber data, WSJ reports
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| 06:02 EDT | | VZ, T | On 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. |
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| May 21, 2013 |
| 13:43 EDT | | CLWR, S | Clearwire reschedules special shareholder meeting
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| 13:36 EDT | | CLWR, S | Clearwire 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." |
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| 12:58 EDT | | DIS | Disney's ESPN cuts less than 6% of workforce, Bloomberg reports
Disney's (DIS) ESPN unit laid off less than 400 workers today as part of a companywide cost-cutting effort, Bloomberg reports, citing a person with knowledge of the situation. The cuts amount to less than 6% of ESPN’s 7,000 employees, the report adds. Reference Link |
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