New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 1, 2011
07:54 EDTTMRK, VZVerizon completes tender for Terremark; Announces subsequent offering period
Verizon Communications (VZ) announced the successful completion of the tender offer made by Verizon's wholly owned subsidiary, Verizon Holdings Inc., for all outstanding shares of Terremark Worldwide (TMRK) common stock. The tender offer and withdrawal rights expired at midnight ET on March 31. According to the depositary for the tender offer, approximately 59,754,625 shares were validly tendered and not withdrawn as of the expiration time. This represents approximately 70.9% of Terremark's outstanding shares of common stock on a fully diluted basis and 84.06% of Terremark's outstanding shares of common stock, giving Verizon control of Terremark. Verizon Holdings has accepted for purchase all shares that were validly tendered and not properly withdrawn and will promptly pay for such shares at the offer price of $19 per share, net to the seller in cash, without interest and less any applicable withholding taxes. Verizon also announced that Verizon Holdings has commenced a subsequent offering period to acquire the remaining untendered shares of Terremark common stock. The subsequent offering period will expire at 5 p.m. ET on April 7, unless extended. During this subsequent offering period, holders of shares of Terremark common stock who did not previously tender their shares into the initial tender offer may do so.
News For VZ;TMRK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
February 8, 2016
17:00 EDTVZNFL shopping streaming rights for Thursday Night Football, Bloomberg says
The NFL is shopping the web streaming rights for Thursday Night Football and has held talks with Apple (AAPL), Amazon (AMZN), Yahoo (YHOO), Facebook (FB), Verizon (VZ) and AT&T (T), reports Bloomberg, citing sources. Though some of the companies rejected the high price asked by the league, Yahoo, Verizon, and AT&T are expected to bid, the sources told Bloomberg. The NFL is not pursuing a longterm relationship, and will instead use the next several years to explore various distribution models in preparation for selling a broader array of digital rights near 2021, the report said. Reference Link
14:18 EDTVZAOL's Armstrong asked to help explore possible Yahoo bid, Bloomberg reports
Subscribe for More Information
13:45 EDTVZVerizon asks Armstrong to lead exploration of possible Yahoo bid, Bloomberg says
Subscribe for More Information
06:49 EDTVZVerizon CEO says company interested in acquiring Yahoo, CNBC reports
Verizon (VZ) chairman and CEO Lowell McAdam said that the company is mulling a bid to acquire yahoo (YHOO), CNBC reported Friday, citing McAdam's comments on Jim Cramer's "Mad Money." "We have to understand the trends," McAdam told Cramer when asked if Verizon had interest in adding Yahoo to its three-tier strategy. "But then at the right price, I think marrying up some of their assets with AOL and the leadership would be good." Reference Link
February 7, 2016
16:38 EDTVZVerizon makes Go90 data free, responds to net neutrality criticism, Re/code says
Verizon has exempted its Go90 video platform from counting against data caps for Verizon subscribers, reports Re/code. In response to questions of whether the policy violates net neutrality principles, a company spokesperson told the publication, "Go90 has decided to take advantage of Verizon's FreeBee Data 360 service... an open, non-exclusive service available to other content providers on a non-discriminatory basis. Any interested content provider can use FreeBee Data 360 to expand their audiences." Reference Link
February 5, 2016
06:49 EDTVZApple, Amazon, Google, Verizon in mix to bid for NFL stream rights, Variety says
Subscribe for More Information
06:23 EDTVZ20 companies make alliance to keep down healthcare costs, WSJ says
Subscribe for More Information
February 4, 2016
10:01 EDTVZOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AT&T (T) initiated with a Buy at DA Davidson... Abaxis (ABAX) initiated with an Underperform at Credit Suisse... Aratana Therapeutics (PETX) initiated with an Outperform at Credit Suisse... Care.com (CRCM) initiated with an Equal Weight at Morgan Stanley... GCP Applied Technologies (GCP) initiated with a Buy at Jefferies... Heritage-Crystal Clean (HCCI) initiated with a Buy at Roth Capital... IDEXX (IDXX) initiated with an Outperform at Credit Suisse... Nexvet Biopharma (NVET) initiated with an Outperform at Credit Suisse... PetMed Express (PETS) initiated with an Underperform at Credit Suisse... Phibro Animal Health (PAHC) initiated with an Outperform at Credit Suisse... Pure Storage (PSTG) initiated with a Perform at Oppenheimer... SeaWorld (SEAS) initiated with a Neutral at Janney Capital... Seattle Genetics (SGEN) initiated with an Overweight at Barclays... VCA Inc. (WOOF) initiated with an Outperform at Credit Suisse... Verizon (VZ) initiated with a Neutral at DA Davidson... Zoetis (ZTS) initiated with an Outperform at Credit Suisse.
06:28 EDTVZNews Corp not interested in Yahoo acquisition, Business Insider says
Subscribe for More Information
06:27 EDTVZSequans and Verizon announce LTE CAT M chipset acceleration for IoT
Subscribe for More Information
05:49 EDTVZVerizon initiated with a Neutral at DA Davidson
Subscribe for More Information
February 3, 2016
18:41 EDTVZYahoo hires Qatalyst to advise on strategic alternatives, Re/code says
Subscribe for More Information
14:09 EDTVZBain, TPG among PE firms weighing bid for Yahoo core, FT reports
Subscribe for More Information
13:37 EDTVZComcast to be possible bidder for wireless airwaves, Bloomberg says
Subscribe for More Information
08:42 EDTVZSynchronoss says recently entered into JV with Verizon
Subscribe for More Information
06:27 EDTVZPiper's Munster says Yahoo growth to remain challenged for years
Piper Jaffray analyst Gene Munster says Yahoo's (YHOO) core business "seems even more challenged than before" following the company's Q4 results. Yahoo's fundamental growth challenges "will remain for multiple years," Munster tells investors in a post-earnings research note where he cut his price target for the shares to $31 from $39. He keeps an Overweight rating on Yahoo, however, pointing out that the shares still trade below a fully taxed value for both its Alibaba (BABA) and Yahoo Japan (YAHOY) stakes. The current share price seems to imply zero value for the core business, which is unfair given Verizon's (VZ) $4.4B acquisition of AOL last year, Munster contends. He believes Alibaba still provides upside to the story. Yahoo is trading down 51c to $28.55 in pre-market trading following its Q4 results.
February 2, 2016
06:26 EDTVZStifel cuts Twitter to Sell after noting Yahoo has significantly more users
Stifel analyst Scott Devitt downgraded Twitter (TWTR) to Sell from Hold after "materially lowering" his forward estimates for the company. Twitter is a product that has "never fully developed into a sustainable public company," Devitt tells investors in a research note. To those that believe the microblog's 320M active user base is significant, the analyst points out that Yahoo (YHOO) still reports 1B monthly active users across its network and AOL's final public disclosure last year prior to its acquisition by Verizon (VZ) still showed nearly 200M unique visitors. Twitter will be challenged to reach its near- and long-term financial expectations, the analyst contends. Devitt points out that Facebook (FB) continues to generate over two times as much advertising revenue per monthly active user in the U.S. as Twitter. He has a $14 price target for the shares. Twitter closed yesterday up $1.10 to $17.90 after The Information reported that Silver Lake and investor Marc Andreessen have "considered some sort of deal" for the microblog operator.
06:20 EDTVZYahoo investors waiting on explicit sale signals, Re/code says
Subscribe for More Information
05:42 EDTVZVerizon introduces 'Free View' for FiOS TV
Verizon announces: "You're thinking about ordering a premium channel such as HBO, SHOWTIME or STARZ. Like any smart consumer, you want to try the product out first before purchasing. No problem, right? Not necessarily - unless of course you're a Fios TV customer. This week, we're launching Free View on Fios TV, an exclusive new feature that lets customers activate their own 48 hour premium channel preview right from their TV. With the click of the remote, Customers can choose which channel they want to preview for free, whenever they want the 48 hour window to start. The Free View content is viewable anywhere whether it's at home on live TV or on demand, or on the go with the Fios Mobile App. Free previews of premium TV channels are common, but the timing of them has never been the customer's choice. With Free View on Fios TV, Customers now schedule a preview at their convenience, when it fits into their schedule. Customers can activate one 48-hour preview of each premium channel once per year."
January 31, 2016
13:47 EDTVZYahoo delay in seeking sale could force proxy fight, Barron's says
Subscribe for More Information
1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use