New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 29, 2014
09:22 EDTFTR, VZ, CTL, T, WINWindstream worth at least $15/share after spinoff news, says Oppenheimer
Oppenheimer its "best guess" has Windstream (WIN) worth at least $15 per share under the REIT structure announced today, and potentially as much as $18. The firm says it has seen the REIT data centers and towers trade 30%-40% higher than non-REITs by avoiding taxes. It expects CenturyLink (CTL), Frontier (FTR) Windstream to trade up significantly on today's news, and it believes the development has implications for all infrastructure companies. Opco says every network stock it covers is roughly 20% undervalued given Windstream's news, and it sees opportunities with competitive local exchange carriers and wireless as well. Shares of AT&T (T) and Verizon (VZ) are trading higher in the pre-market.
News For WIN;CTL;FTR;T;VZ From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
December 9, 2014
14:57 EDTVZTelecom equipment stocks rally after Verizon CFO comments on wireless CapEx
Telecom equipment stocks, which opened lower, rallied after Verizon (VZ) CFO Fran Shammo said he sees wireless CapEx continuing to trend upward. Shammo, speaking at the UBS 42nd Annual Global Media And Communications Conference, said, "The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Ciena (CIEN), JDSU (JDSU), and Finisar (FNSR) all reversed earlier losses. PRICE ACTION: In afternoon trading, Ciena is up 1.5%, JDS Uniphase is up 3.8%, and Finisar is up 4.5%. Verizon, which was downgraded this morning to Neutral from Buy by RW Baird, is trading down almost 5%.
12:25 EDTVZOn The Fly: Midday Wrap
Subscribe for More Information
10:38 EDTVZVerizon CFO Shammo says not interested in doing large international M&A deal
CFO Fran Shammo sees wireless CapEx continuing to trend up, sees wireline CapEx continuing to trend down. Says does not believe wireless CapEx will decline. Shammo commented that ""The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Says dividend policy "very important." Says doesn't see share buybacks until balance sheet is delevered.
10:28 EDTVZ, TVerizon drops after warning about promotional impact on profits
Subscribe for More Information
10:27 EDTVZVerizon CFO says would sell towers for 'right price, right terms'
Subscribe for More Information
10:23 EDTVZOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
10:17 EDTVZVerizon CFO Shammo says sees promotional pricing 'settling down' in 2015
Says Q4 has been a "pretty exciting" period, says seeing increase in activations, but seeing some increase in churn as well. Says has seen high volume in Q4 sales. Says continues to see strong momentum for wireless customer growth in Q4. Sees promotional pricing "settling down" in 2015. Shammo says social media, press has built this up as a price war; says rival's half-priced promotion "not as dramatic" as it looks. Says tablets a "tremendous" growth area for industry. Says streaming TV to mobile to begin in mid-2015. Says that over time, company believes can increase margins. Comments made at the UBS Global Media & Communications Conference. Verizon shares are down 3.8% to $47.04 in morning trading.
09:38 EDTVZActive equity options trading
Subscribe for More Information
07:40 EDTVZVerizon competition increased, company should be able to respond, says Canaccord
Subscribe for More Information
07:32 EDTCTL, VZ, TUBS to hold a conference
Subscribe for More Information
06:15 EDTVZVerizon downgraded at RW Baird
As previously reported, Baird downgraded Verizon to Neutral from Outperform. The firm downgraded shares citing last night's negative pre-announcement due to increasing competitive concerns, margin pressures, higher churn, and full valuation. Price target lowered to $50 from $54.
06:01 EDTVZVerizon downgraded to Neutral from Outperform at RW Baird
Subscribe for More Information
December 8, 2014
18:24 EDTVZ, TOn The Fly: After Hours Movers
Subscribe for More Information
17:05 EDTVZVerizon sees Q4 impacts of promotional offers will pressure wireless EBITDA, EPS
Subscribe for More Information
09:03 EDTCTLCenturyLink awarded task order from Department of Homeland Security
Subscribe for More Information
08:06 EDTFTRFrontier Communications now sees FY14 CapEx $575M-$600M
Subscribe for More Information
07:23 EDTFTRUBS to hold a conference
42nd Annual Global Media & Communications Conference is being held in New York on December 8-10 with webcasted company presentations to begin on December 8 at 8 am; not all presentations may be webcasted. Webcast Link
December 5, 2014
06:01 EDTTTechNet: Combined AT&T/DirecTV will increase broadband development
Subscribe for More Information
December 4, 2014
08:10 EDTVZDuPont Fabros and Verizon expand relationship with Virginia data center
Subscribe for More Information
05:23 EDTVZVerizon, Cox reavh agreement to restore Fox 25 to FiOS TV
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

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