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Stock Market & Financial Investment News

News Breaks
January 21, 2014
07:35 EDTVOD, VZVerizon expects to acquire sole ownership of Verizon Wireless in 2014
Assuming approval of Verizon and Vodafone shareholders later this month, the closing of the acquisition is planned for Feb. 21 and would be immediately accretive to earnings by about 10%.
News For VZ;VOD From The Last 14 Days
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December 24, 2014
08:43 EDTVZNFL to start showing short clips on Facebook, WSJ says
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December 23, 2014
11:18 EDTVZCiena advances after seen as likely winner of Verizon deal
Shares of communications equipment provider Ciena (CIEN) are climbing after research firm Cowen wrote that the company is "highly likely" to win a key deal with Verizon (VZ). WHAT'S NEW: After speaking with sources in the telecom sector, Cowen analyst Paul Silverstein believes that Verizon will probably select Ciena to be one of two key suppliers of 100Gbps Metro optical systems for Verizon's upcoming metro optical build-out. The deal could generate $200M-$300M or more in revenue for Ciena during a two year period beginning in early 2016, the analyst estimated. The deal may increase Ciena's fiscal 2016 earnings per share by 5c-12c, added Silverstein, who kept a $32 price target and Outperform rating on Ciena's shares. WHAT'S NOTABLE: Ciena reported stronger than expected fourth quarter results on December 11 and provided a Q1 revenue guidance range whose midpoint was above the consensus outlook. PRICE ACTION: In mid-morning trading, Ciena rose 1.6% to $19.79.
08:23 EDTVZCiena likely to win Verizon build-out contract, says Cowen
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December 22, 2014
09:09 EDTVODSky could be takeover target for Vodafone, Sunday Express says
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December 17, 2014
10:02 EDTVZOn The Fly: Analyst Downgrade Summary
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08:26 EDTVZMost headline concerns on Verizon overdone, says Bernstein
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06:39 EDTVZVerizon could ship 3M own-branded tablets next year, DigiTimes reports
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06:07 EDTVZVerizon downgraded to Neutral from Buy at Goldman
Goldman downgraded Verizon to Neutral due to higher spectrum costs, increased wireless competition that is driving higher churn and lower margins, and a reduced target multiple to reflect an uncertain outlook. Price target lowered to $48 from $55.
December 16, 2014
10:01 EDTVZGoogle, Verizon enter into global patent licensing agreement
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07:02 EDTVODVodafone to use loan to buy $750M of BlackBerry offerings, Globe and Mail says
Canada has agreed to lend $850M to Vodafone (VOD), which will use $750M of the funds to buy products and services from BlackBerry (BBRY), according to Globe and Mail. Reference Link
December 15, 2014
09:06 EDTVZVerizon announces voluntary sale and purchase program for small shareowners
Verizon Communications announced a program to provide its small shareowners with a convenient and inexpensive way either to round their Verizon holdings up to 100 shares or to sell all their shares. Verizon will not buy or sell any of the shares or otherwise participate in the program. The program is voluntary. It is intended to help owners of fewer than 100 Verizon shares who may have been deterred from selling their Verizon shares or buying additional shares because of the inconvenience. Similar odd-lot programs are commonly offered periodically by public companies to reduce administrative costs and offer a service to investors. Verizon's program will be independently administered by Georgeson, a Computershare company.
December 12, 2014
16:33 EDTVZStocks finish week lower amid steep decline in oil prices
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December 11, 2014
09:37 EDTVZActive equity options trading
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