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Stock Market & Financial Investment News

News For ARMH;AXP;EMC;HUN;IBM;JDSU;MXIM;NOK;ODFL;PXP;RUSHA;SNI;WERN;ARG;HRB;SPWR;VAR;WFC;AON;S;DRQ From The Last 14 Days
Check below for free stories on ARMH;AXP;EMC;HUN;IBM;JDSU;MXIM;NOK;ODFL;PXP;RUSHA;SNI;WERN;ARG;HRB;SPWR;VAR;WFC;AON;S;DRQ the last two weeks.
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June 18, 2013
18:36 EDTSDISH issues update on Sprint proposal
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15:01 EDTNOKNokia rallies sharply, falls back after negative comments from MKM Partners
The stock hit a high today of $4.12 on very heavy volume, approaching over 3 times the daily average. The catalyst for this move higher was an item in the FT that suggested Huawei could be a suitor for the company. MKM Partners came out calling the move up a selling opportunity, suggesting that the EU would likely block any such attempt. Huawei has since come out to say it has no plans to acquire the company, according to Bloomberg. Whether the stock will remain higher on the presumption someone may step forward as a suitor remains to be seen. Support is at the low of the day at $3.67. Resistance is at $4. On a technical basis the shares have been putting in a bullish rounding bottom over the last several months. Purely on a technical basis the stock looks to have upside to $4.62.
14:55 EDTNOKHuawei says has 'no plans to acquire' Nokia, Bloomberg reports
Bloomberg cites e-mailed statement from Huawei.
14:07 EDTNOKNokia strength is a selling opportunity, says MKM Partners
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12:54 EDTNOKNokia June and July 4 calls active on Huawei may consider buying
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12:51 EDTNOKBlackBerry up 4% after FT reports Huawei considering Nokia buy
12:43 EDTNOKNokia up as much as 7% following FT report Huawei could buy company
12:41 EDTNOKHuawei may consider buying Nokia, FT says
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12:38 EDTNOKHuawei would consider takeover of Nokia, Financial Times reports
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11:36 EDTHRBOptions with decreasing implied volatility: LYV ULTA HRB
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11:30 EDTSDISH issues statement on Sprint complaint
DISH Network (DISH) issued the following statement in response to Sprint Nextel's (S) June 17 allegations against DISH and Clearwire (CLWR): “Sprint’s lawsuit is a transparent attempt to divert attention from its failure to deal fairly with Clearwire’s shareholders, as well as to exploit its majority position to block Clearwire’s shareholders from receiving a fair price for their shares. DISH is confident that its superior offer, which has been unanimously recommended by the Clearwire Board, including the majority appointed by Sprint, will be upheld and Clearwire shareholders will be free to realize the 29 percent premium represented by the DISH offer.”
10:49 EDTNOKSiemens seeks private equity offers for Nokia Siemens Networks, Reuters says
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09:15 EDTSPWRChina to generate more heat using solar energy, China Daily says
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07:29 EDTIBMSecurities Industry and Financial Markets Association to host a conference
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07:19 EDTWERNEyefortransport to hold a summit
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05:55 EDTSStocks with implied volatility movement; S KNDI
Stocks with implied volatility movement; Sprint (S), Kandi Technologies (KNDI) according to IVolatility.
June 17, 2013
19:19 EDTSSprint files suit against DISH, Clearwire over tender offer
Sprint (S) announced that it has filed a complaint in the Delaware Court of Chancery against DISH Network (DISH) and Clearwire (CLWR) asking the court to prevent the consummation of the DISH tender offer for Clearwire. Sprint believes the transaction violates Delaware law and the rights of both Sprint and Clearwire’s other strategic investors under Clearwire’s charter and under the equity hHolders agreement. In addition to seeking to enjoin the tender offer, Sprint’s lawsuit seeks to rescind certain parts of the tender offer agreement and seeks declaratory, injunctive, compensatory and other relief.
12:04 EDTAXPAmerican Express reports May net write-off rate 1.9% vs. 2.1% last month
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11:57 EDTHRBOptions with decreasing implied volatility: DMND LYV CTRX ULTA HRB
11:18 EDTSSamsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link
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