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Stock Market & Financial Investment News

News Breaks
March 5, 2013
12:00 EDTVZ, VODVerizon, Vodafone look to resolve JV relationship this year, Bloomberg says
The companies discussed a merger as recently as December, but are more likely to unwind their Verizon Wireless joint venture, according to Bloomberg.
News For VZ;VOD From The Last 14 Days
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May 17, 2013
16:47 EDTVZFitch affirms Verizon's IDR at 'A', outlook stable
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15:12 EDTVZ, VODFocus on Verizon Wireless stake ahead of Vodafone earnings, Reuters says
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06:50 EDTVZVerizon initiated with an Overweight at Barclays
Target $59.
May 15, 2013
17:36 EDTVODPaulson gives quarterly update on stakes
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09:15 EDTVODVodafone volatility increases as shares pull back from five-year high
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07:08 EDTVODVodafone tax settlement offer advances in India, Business Standard says
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May 14, 2013
11:54 EDTVZVerizon CFO says 'very comfortable' with cash position, ability to pay dividend
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11:49 EDTVOD, VZVerizon CFO declines to comment on potential to purchase Vodafone JV stake
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07:27 EDTVODNokia introduces Lumia 925 with metal body, PureView camera
Nokia (NOK) introduced the Nokia Lumia 925, which introduces a metal design and includes the most advanced lens technology and next generation imaging software for clearer, sharper pictures and video, including the best low light images. The Nokia Lumia 925 also introduces the new Nokia Smart Camera mode, coming as an update to all Lumia Windows Phone 8 smartphones. The Lumia 925 is being introduced into Europe with Vodafone (VOD), along with other operator and retail partners. In addition to Europe, the Nokia Lumia 925 will be introduced into the US by T-Mobile (TMUS) and into China by China Mobile (CHL) and China Unicom (CHU). Sales are expected to start in the U.K., Germany, Italy, Spain and China in June, followed by the U.S. and a number of other markets.
May 13, 2013
16:48 EDTVOD, VZVerizon Wireless to make $7B payment to Verizon, Vodafone
Verizon (VZ) disclosed in a regulatory filing that on May 9, the board of representatives of Verizon Wireless declared distributions to its owners in the aggregate amount of $7B, payable on June 25 in proportion to their respective partnership interests on the date of such distribution. Based on current ownership interests in Verizon Wireless, Verizon will receive cash payments aggregating $3.85B and Vodafone (VOD) will receive cash payments aggregating $3.15B.
07:29 EDTVZSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
May 10, 2013
07:08 EDTVZ, VODESPN considers subsidizing wireless data plans, WSJ reports
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May 7, 2013
07:54 EDTVODVodafone unlikely to settle tax fight in India in near-term, FT says
India’s finance minister previously said that he expected a negotiated solution to end the $2.6B tax dispute between the government and Vodafone could be reached before April’s annual budget, but little progress has since been made and a settlement appears unlikely to happen for at least another year, according to the Financial Times, citing people familiar with the situation. Reference Link
May 6, 2013
07:17 EDTVZSummit Business Media holds a conference
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07:10 EDTVZ, VODSome Verizon shareholders ok to pay premium for wireless venture, Reuters says
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06:06 EDTVZ, VODOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, the Wall Street Journal reports...There was no big news at Berkshire Hathaway’s (BRK.A) annual meeting this past weekend, but there was one great lesson for investors: Perhaps the most important thing you can do when everything seems to be going right in your portfolio is to listen to somebody who insists you are wrong, the Wall Street Journal reports...REUTERS: Some Verizon Communications (VZ) shareholders say they could be happy for the company to pay up to $130B for Vodafone Group’s (VOD) stake in their U.S. wireless venture. Two large shareholders in Verizon say they could be comfortable with paying 20% to 30% more to secure Verizon Wireless, Reuters reports...A unit of Sinopec Group (SHI) and brokerage China Galaxy Securities are launching Hong Kong IPOs today seeking to raise up to $3.5B in total, injecting life into Asia's moribund IPO markets where deal values more than halved in Q1, Reuters reports...BLOOMBERG: Bond investors are gaining confidence that Fed Chairman Bernanke will unwind the central bank’s unprecedented $3.3T balance sheet without sparking a crash similar to 1994, Bloomberg reports...Apple (AAPL) is missing out on an opportunity to court up to 2.8B new smartphone customers, many of them in Asia, as wireless-service providers balk at conditions imposed by the iPhone maker and drag their heels in signing on as partners, Bloomberg reports.

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