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Stock Market & Financial Investment News

News Breaks
March 11, 2012
11:57 EDTMERU, WIFI, VZ, QCOM, ARUN, S, BRCM, IPAS, TLTE promises just as many headaches as breakthroughs, Barron's says
The telephone companies are happy because long term evolution, or LTE, not only moves units of phones, but also lets carriers squeeze more bits out of each hertz, Barron's reports. LTE already has deepened the disparity among U.S. carriers. Verizon (VZ) and AT&T (T) are far ahead of others. While, Sprint-Nextel (S) is just getting started. The benefits nevertheless are not clear cut. LTE is just at the beginning of the road. As that service fills up, it will require increasing capital investments. Moreover, the true payoff only comes if customers are satisfied, not disappointed. Both AT&T and Verizon now cap how much you can use. As a result, there will be more interest in what's called "WiFi offloading," where customers are bumped from LTE onto the nearest WiFi network. Barron's Technology Trader columnist Tiernan Ray contends that this could mean opportunity for WiFi network operators such as Boingo Wireless (WIFI) and iPass (IPAS). Also for WiFi equipment vendors like Aruba Networks (ARUN) and Meru Networks (MERU). Chip vendors Broadcom (BRCM) andQualcomm (QCOM) are already touting their parts for higher-speed versions of WiFi, called 802.11ac. Reference Link
News For VZ;T;S;WIFI;IPAS;ARUN;MERU;BRCM;QCOM From The Last 14 Days
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June 19, 2013
16:26 EDTSOn The Fly: Closing Wrap
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12:09 EDTSOn The Fly: Midday Wrap
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12:06 EDTSOptions with decreasing implied volatility: DISH VRTX SUPN S
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10:25 EDTSSprint shares worth $7.51 under SoftBank deal, says Janco
Janco calculates that current Sprint shareholders will receive $7.51 per share upon the closing of the deal with SoftBank, which the firm expects to happen on Tuesday, June 25. The firm views upside to $7.51 from current levels as attractive and keeps a Buy rating on Sprint shares.
10:01 EDTSOn The Fly: Analyst Downgrade Summary
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09:24 EDTSOn The Fly: Pre-market Movers
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09:06 EDTQCOMQualcomm picked up content in Galaxy S4, says William Blair
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08:44 EDTSSprint acquisition by SoftBank likely to be approved, says Wells Fargo
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08:05 EDTSSprint down 3% to $7.10 after DISH ends takeover pursuit
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07:59 EDTSSprint downgraded at Macquarie
As previously reported, Macquarie downgraded Sprint to Neutral from Outperform. The firm recommends taking profits and believes the company is entering a period of heavy investment. Price target is $8.
07:13 EDTVZ, T, STelecom industry looks to grow through acquisition, Bloomberg reports
Global telecommunications companies are chasing after deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006, reports Bloomberg. Over $80B in telecommunications and cable transactions have already been announced or completed this year Reference Link
07:11 EDTSSoftbank moves closer to acquiring Sprint, Reuters reports
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06:26 EDTSSprint downgraded to Neutral from Outperform at Macquarie
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06:08 EDTSOn the Fly: Periodicals Wrap-Up
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June 18, 2013
18:36 EDTSDISH issues update on Sprint proposal
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16:12 EDTQCOMMicrosoft adds Qualcomm as Surface RT supplier, Bloomberg says
Microsoft (MSFT) will use Qualcomm (QCOM) chips in its updated Surface RT tablet, reports Bloomberg, citing people with knowledge of the company's plans. The report also cites a source that says Nvidia's (NVDA) Tegra chip will continue to be used for some versions of the Surface. Reference Link
15:47 EDTQCOMMicrosoft said to have added Qualcomm as supplier for Surface RT, Bloomberg says
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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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