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Stock Market & Financial Investment News

News Breaks
April 8, 2011
10:20 EDTVZ, TMRKVerizon's offering period for shares of Terremark expires
Verizon Communications (VZ) announced that the subsequent offering period of its tender offer for all outstanding shares of Terremark Worldwide (TMRK) common stock has expired. After acquiring all shares validly tendered during the subsequent offering period, Verizon Holdings owns approximately 78,449,980 shares of Terremark common stock, representing approximately 96.6% of the outstanding shares. Verizon intends to promptly move forward with a "short-form" merger under Delaware law through which Terremark will become a direct, wholly owned subsidiary of Verizon.
News For VZ;TMRK From The Last 14 Days
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November 18, 2015
11:33 EDTVZSprint announces launch of LTE Plus network
In celebration of the launch of its new LTE Plus network, Sprint (S) is introducing the biggest wireless offer in U.S. history - 50% off the price of most Verizon (VZ), AT&T (T) and T-Mobile (TMUS) rate plans, the company says. New customers can sign up for this offer nationwide Nov. 20 through Jan. 7, 2016. LTE Plus, available today in 77 major markets, takes advantage of Sprint's rich triband spectrum portfolio, and it uses some of the world's most advanced technologies in wireless, such as carrier aggregation and antenna beamforming. Customers who switch get 50 percent off most current rate plan prices from their current carrier. AT&T, T-Mobile and Verizon customers switching to Sprint also can take advantage of iPhone Forever, where they are eligible to upgrade every time a new iPhone launches. Customers must port one line, and can add up to 9 additional lines on the account. Customers must choose from the 50 percent off rate plans available from their current carrier. Cricket and MetroPCS customers also can switch and save 50 percent off their parent company's postpaid rates. 50 percent off pricing remains valid until Jan. 8, 2018, for activations between Nov. 20, 2015, and Jan. 7, 2016.
November 12, 2015
19:41 EDTVZAT&T, Verizon ask FCC to limit Charter/Time Warner Cable merger, Bloomberg says
A trade group for AT&T (T) and Verizon (VZ) petitioned the FCC to limit Charter's (CHTR) coordination with other cable companies if the merger with Time Warner Cable (TWC) is allowed to proceed, reports Bloomberg. USTelecom also asked the FCC for restrictions on John Malone, Charter's largest shareholder. Reference Link
November 10, 2015
15:10 EDTVZT-Mobile confirms unlimited streaming initiative 'Binge On'
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10:38 EDTVZVerizon says not interested in buying DISH
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10:35 EDTVZVerizon says still growth to be had in wireline business
Says still demand for cloud services but will pursue organically.
10:26 EDTVZVerizon says would anticipate some promotional activity in Q4
Comment from Wells Fargo Securities 2015 Technology, Media & Telecom Conference.

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