Integrated Telecommunication Services

IDT Corporation (NYSE: IDT) today announced that, at a Special Meeting of Stockholders, its stockholders approved an amendment to its certificate of incorporation automatically converting and reclassifying each outstanding share of its Common Stock (NYSE: IDT.C) into one share of its Class B Common...

According to a report from Bloomberg, Sprint (NYSE: S) is going launch a mobile payment plan ahead of Verizon Wireless (NYSE: VZ), AT&T (NYSE: T) and T-Mobile. The Overland Park, Kansas-based company is currently working with payment networks and handset makers on near field communications,...

According to a press release from mergermarket, global mergers and acquisitions were up 28.9% in Q1 2011, compared to the year ago period. Deal value came in at $591 billion. U.S. M&A volume was up 85.1% to versus Q1 2010. Total deal value came in at $268.4 billion. The top global financial...

Frontier Communications Corporation (NYSE: FTR) today announced that Susana D'Emic will join the company on April 15, 2011 as Senior Vice President and Controller and serve as the company's designated Chief Accounting Officer, replacing Robert J. Larson. She will report to Donald R. Shassian,...

HickoryTech Corporation (NASDAQ: HTCO) today announced that Carol Wirsbinski has accepted the position of chief operating officer for the company and has been appointed as a corporate officer, vice president of HickoryTech Corporation.

Merger activity increased last week with six new deals announced and four deals closing. I received an email over the weekend from someone who was new to the Merger Arbitrage strategy and wanted to learn more about it. I pointed him to my article on the Pfizer – Wyeth deal, which provides an...

BlackRock, Inc. (BLK) yesterday (3/31/11) launched the iShares High Dividend Equity Fund (HDV).  The new ETF provides exposure to high quality income-producing U.S. securities based on the Morningstar Dividend Yield Focus Index. The underlying index seeks to identify companies providing relatively...

United Parcel Service (NYSE: UPS), FedEx Corporation (NYSE: FDX), AT&T (NYSE: T), and PepsiCo (NYSE: PEP) are being challenged by President Obama to promote clean energy fleets. President Obama says, "energy investments are in national interest."

Yesterday Ireland disclosed that its four top banks need to raise 24 billion Euros in capital, as a result of the Irish Central Bank's stress tests. Bank of Ireland (NYSE: IRE) and Allied Irish Bank (NYSE: AIB) need to raise 5.2 billion and 13.3 billion Euros, respectively. The merger between AT...

Citi is out with its report today on CenturyLink (NYSE: CTL), reiterating Buy. In a note to clients, Citi writes, "We have published our initial pro forma forecasts for CenturyLink's pending acquisition of Qwest, which is expected to close on 4/1. We remain a buyer of the pro forma CTL with an...

According to an article from Boy Genius Report, the HTC ThunderBolt is actually outselling the Apple (NASDAQ: AAPL) iPhone at Verizon (NYSE: VZ) BTIG Research first conducted the report, calling 150 Verizon Wireless stores across the country. The ThunderBolt runs on the Android operating system,...

“More than ten days after the AT&T Inc. (NYSE: T)/T-Mobile deal was announced, we are following up with more thoughts on the transaction,” Oppenheimer started in a recent report. “To gain more insight on the regulatory approval process, we have talked to several regulatory experts and AT&T'...

Verizon Communications Inc. (NYSE: VZ) today announced the successful completion of the tender offer made by Verizon's wholly owned subsidiary, Verizon Holdings Inc., for all outstanding shares of Terremark Worldwide, Inc. (Nasdaq: TMRK) common stock. The tender offer and withdrawal rights...

CenturyLink, Inc. (NYSE: CTL) and Qwest Communications today completed their merger, creating the nation's third largest telecommunications company in the United States. The combined company's increased scale and financial strength will enable it to deliver a broader range of communications...

Analysts at UBS downgrade France Telecom SA (NYSE: FTE) from “neutral” to “sell.” FTE shares gained 0.40% to close at $22.51 yesterday. More Analyst Ratings here