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Verizon Completes Terremark Acquisition
Monday, April 11, 2011 - 7:28am | 121Verizon Communications Inc. (NYSE: VZ) today closed its previously announced acquisition of Terremark Worldwide, Inc., clearing the way for Verizon to lead the rapidly evolving global managed IT infrastructure and cloud services market. The acquisition was completed via a short-form merger under...
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IDT Hits 52-Week High (IDT)
Friday, April 8, 2011 - 9:49am | 32IDT (NYSE: IDT) has hit a 52-week high in today's trading. At last check the year-to-date performance of IDT has been a gain of 13%.
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BT Group Hits 52-Week High (BT)
Friday, April 8, 2011 - 9:33am | 33BT Group (NYSE: BT) has hit a 52-week high in today's trading. At last check the year-to-date performance of BT has been a gain of 10.3%.
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Verizon Subsequent Offering Period for Shares of Terremark Worldwide Expires
Friday, April 8, 2011 - 9:19am | 75Verizon Communications Inc. (NYSE, NASDAQ: VZ) today announced that the subsequent offering period of its tender offer for all outstanding shares of Terremark Worldwide, Inc. (NASDAQ: TMRK) common stock has expired. After acquiring all shares validly tendered during the subsequent offering...
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Verizon Statement on Federal Communications Commission Order on Data Roaming
Thursday, April 7, 2011 - 11:52am | 286The Federal Communications Commission on Thursday (April 7) approved an order that requires wireless carriers that invest in building networks to agree to carry the traffic of carriers that do not make these investments, at prices set by the FCC. The following statement should be attributed to Tom...
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Arkansas Department of Health Chooses AT&T
Thursday, April 7, 2011 - 9:31am | 68AT&T (NYSE: T) today announced that the Arkansas Department of Health has deployed TotalMobile from AT&T to design a mobile flu clinic solution to help the agency more efficiently transmit flu vaccination records across the state. The Department plans to extend the use of the application...
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RBS Downgrades FTE To Sell
Thursday, April 7, 2011 - 5:38am | 40Analysts at RBS downgrade France Telecom SA (NYSE: FTE) from “hold” to “sell.” FTE shares gained 0.89% to close at $22.73 yesterday. More Analyst Ratings here
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Mad Money Lightning Round OT: Cramer Is a Buyer Of CME (CME, MPWR, SHOR, VZ, T)
Wednesday, April 6, 2011 - 7:09pm | 194Jim Cramer said on CNBC's Mad Money Lightning Round OT that instead of ShoreTel, Inc. (NASDAQ: SHOR), he would buy Verizon Communications Inc. (NYSE: VZ) or AT&T Inc. (NYSE: T). Cramer explained that he likes high yield and safety. ShoreTel (SHOR) spiked 5.94% today. Verizon (VZ) fell 0.11%,...
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Options Brief: Telefonica SA (TEF)
Wednesday, April 6, 2011 - 11:46am | 92Shares of Telefonica SA (NYSE: TEF) are higher on the session by 0.70%, trading at $25.82. Overall put volume is now running at 4.81x the daily average, with 66% of all puts traded being purchases on the offer. 1,591 contracts have traded on the session so far. Telefonica SA together with its...
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Verizon and Starz Entertainment Announce New, Expanded FiOS TV Agreement
Wednesday, April 6, 2011 - 9:01am | 66Verizon (NYSE: VZ) and Starz Entertainment today announced a new, multiyear agreement that extends and expands the FiOS TV affiliation agreement between the companies. As part of the new comprehensive deal, Verizon will continue to offer the full complement of Starz Entertainment's offerings,...
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Stocks Going Ex Dividend the Second Week of April
Wednesday, April 6, 2011 - 8:59am | 742Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Citi Remains A Buyer Of T
Wednesday, April 6, 2011 - 7:00am | 81Citi is remaining a buyer of AT&T (NYSE: T) “with an upwardly-revised target price of $34 based on an improving industry backdrop and company-specific catalysts” that relate to: 1) “Prospects for wireless metrics to improve during the 2H/11,” Citi writes. 2) “Enterprise revenue recovery with...
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Verizon Pays U.S. $93.5M To Resolve False Claims Allegations -Bloomberg (VZ)
Tuesday, April 5, 2011 - 10:14am | 24Bloomberg reports that Verizon (NYSE: VZ) is paying the U.S. $93.5M to resolve false allegations.
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Oppenheimer Dropping Coverage Of Terremark Worldwide, Inc. (TMRK)
Tuesday, April 5, 2011 - 6:33am | 42Jefferies & Co. is dropping coverage of Terremark Worldwide, Inc. (NASDAQ: TMRK) after Verizon (NYSE: VZ) completed its tender offer for the company. Shares closed at $18.99 yesterday.
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Navajo Tribal Utility Authority and Atlantic Tele-Network Announce Joint Venture
Monday, April 4, 2011 - 2:54pm | 84Atlantic Tele-Network, Inc. (NASDAQ: ATNI), announced today that its wholly owned subsidiary Commnet Wireless has created a joint venture with the Navajo Tribal Utility Authority to provide the first 3G wireless cell phone service and 4G broadband service to residents of the Navajo Nation. Navajo...