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Sprint And T-Mobile Finally Get Approval To Merge
Friday, July 26, 2019 - 12:25pm | 512Read More...The year-long wait for T-Mobile Us Inc (NASDAQ: TMUS) to receive regulatory approval to acquire rival Sprint Corp (NYSE: S) ended Friday. What Happened T-Mobile proposed to acquire Sprint in April 2018 and the regulatory process has been stick in limbo since then. On Friday, the U.S. Department of...
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Reports: Sprint-T Mobile Merger Could Be Approved This Week
Wednesday, July 24, 2019 - 9:07am | 420Read More...Shares of Sprint Corp (NYSE: S) gained more than 6% Wednesday morning after The Wall Street Journal reported the U.S. Justice Department could approve its pending merger with T-Mobile Us Inc (NASDAQ: TMUS). What Happened T-Mobile and Sprint reached a merger agreement in April of 2018 and the deal...
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Analyst Says Dish Network Doesn't Need M&A To Be A Buy Today
Monday, September 25, 2017 - 9:54am | 451Read More...Despite enduring threats by bundle providers and over-the-top services, something sparkles in the traditional DISH Network Corp (NASDAQ: DISH) model. Dish dropped nearly 17 percent in the last three months, and between the pullback and a range of potential business opportunities, Jefferies...
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M&A Strikes The Telecom Sector: Verizon Agrees To Acquire Straight Path Communications
Thursday, May 11, 2017 - 9:16am | 381Read More...Straight Path Communications Inc (NYSE: STRP), a holder of an extensive portfolio of 39 GHz and 28 GHz wireless spectrum license and developer of next generation wireless technology, confirmed Thursday morning it has agreed to be acquired by Verizon Communications Inc. (NYSE: VZ) in a deal which...
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Notable Bulls And Bears In Straight Path Communications
Friday, January 13, 2017 - 1:01pm | 353Read More...Straight Path Communications Inc (NYSE: STRP) is going through the roof on Thursday. The stock is currently at its highest level in over 15 months on unusually heavy volumes (roughly 11 times average volume). Reason Behind The Spike Straight Path announced that it has entered into a...
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Kerrisdale Capital Attacks Dish Network In New Short Thesis
Wednesday, May 11, 2016 - 11:10am | 292Read More...Shares of DISH Network Corp (NASDAQ: DISH) fell to an intra-day low of $46.68 on Wednesday before reversing its losses and trading higher on the day. Investors and traders initially reacted to Kerrisdale Capital's short thesis, which argued that Dish's strategy of accumulating a...
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T-Mobile Gains 3% On Public Offering Announcement, Chatter Of New Data Only Plan
Tuesday, March 29, 2016 - 2:03pm | 207Read More...Shares of T-Mobile US Inc (NASDAQ: TMUS) were trading higher by more than 3 percent on Tuesday after the company announced a public offering of $1 billion worth of senior notes. T-Mobile plans on using the proceeds of the offering to purchase 700 MHz A-block spectrum and other spectrum...
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Gabelli & Co On Dish T-Mobile Merger Rumor: 'Dish It Up! Buy'
Thursday, June 4, 2015 - 3:06pm | 529Read More...Shares of T-Mobile US Inc (NYSE: TMUS) surged to fresh 52-week highs of $40.77 on Thursday, while shares of DISH Network Corp (NASDAQ: DISH) were higher by more than 6 percent after The Wall Street Journal reported the two companies are in merger talks. In a report published Thursday afternoon...
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Citigroup Just Added T-Mobile To Its Focus List
Wednesday, April 22, 2015 - 11:42am | 294Read More...In a report published Wednesday, Citigroup analyst Michael Rollins maintained a Buy rating and a $40 price target on shares of T-Mobile US Inc (NYSE: TMUS), but added the company to the "Citi Focus List" based on the potential catalysts for multiple expansion over the next 12 months....
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Morgan Stanley Says AT&T Risk Skewed To The Downside Following Q4 Print
Wednesday, January 28, 2015 - 11:02am | 213Read More...Simon Flannery of Morgan Stanley on Wednesday commented that AT&T Inc. (NYSE: T) reported a mixed fourth quarter results. “Earnings per share (before one time items) of $0.55 was higher than our estimate and consensus' $0.55,” Flannery wrote. “Consolidated revenue was...
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Citigroup: Stronger Volume, Competition Should Weigh On Verizon's Q4 And 2015 Results
Tuesday, January 20, 2015 - 11:03am | 190Read More...Michael Rollins of Citigroup on Tuesday that Verizon Communications Inc. (NYSE: VZ) strategy of focusing on postpaid accounts and leading network quality is commendable, but the costs of competition and capacity are not fully “encapsulated” in consensus estimates for earnings per share in the...
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Morgan Stanley Expects Further Downward Revisions For AT&T After Upcoming Q4 Print
Wednesday, January 14, 2015 - 6:10pm | 293Read More...AT&T Inc. (NYSE: T) is scheduled to report its fourth quarter results on January 27, after market close. Simon Flannery of Morgan Stanley expects the company will earn $0.54 per share in the quarter, short of the consensus estimate of $0.57 per share. The analyst expects the company will...
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Wunderlich Reiterates On Dish Network Following Agreement With CBS
Monday, December 8, 2014 - 10:14am | 280Read More...Dish Network Corp (NASDAQ: DISH) and CBS Corporation (NYSE: CBS) agreed to a multi-year distribution agreement over the weekend, following a brief blackout in 18 markets on Friday. Matthew Harrigan of Wunderlich Securities stated in a note on Monday that the agreement does not affect a revision...
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Morgan Stanley Boosts Price Target Of American Tower Following M&A Reports
Monday, November 24, 2014 - 12:43pm | 163Read More...American Tower Corp (NYSE: AMT) acquired 6,480 towers from Brazil-based TIM Participações for $1.2 billion on Friday. American Tower also announced the acquisition of over 4,800 towers from Bharti Airtel in Nigeria. Simon Flannery of Morgan Stanley commented in a note to...
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Analysts Defending Globalstar, Inc.; Shares Bounce Back After Morning Fall
Thursday, October 2, 2014 - 4:11pm | 329Read More...Rumors circulated on Wednesday across trading and news desks that Kerrisdale Capital is rumored to hold a short position in Globalstar, Inc. (NYSE: GSAT) following a Tweet by Kerrisdale Capital: Announcement! We're presenting on new multibillion-dollar short Monday, Oct 6. It's the best...
