-
5 Biggest Athlete Endorsement Deals Ever
Tuesday, August 12, 2014 - 1:58pm | 736News that NBA MVP Kevin Durant is close to inking a $325 million endorsement deal with Under Armour (NYSE: UA) has had tongues wagging on Wall Street. Securities lawyers debated whether the company would have to disclose the deal to shareholders under the “material events”...
-
Market Wrap For June 20: Yet Again, Dow And S&P 500 Indices Hit New Highs
Friday, June 20, 2014 - 4:40pm | 2263U.S. stocks were slightly higher as the Dow and S&P 500 indices continue hitting new all-time highs following positive comments from the Fed's Chief Janet Yellen earlier this week. The Dow continues to flirt with the 17,000 mark and hit a historical intra-day high of 16,978.0 Friday...
-
Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
-
Speculation Continues About Dish/DirecTV Merger
Thursday, March 27, 2014 - 12:30pm | 619According to the Los Angeles Times, speculation about a merger between satellite broadcast companies Dish Network (NASDAQ: DISH) and DirecTV (NASDAQ: DTV) pops up about once every six months or so. Based on these rumors, the Times said, Dish and DirecTV stocks get a boost...then time passes,...
-
How Big A Role Will U.S. Regulators Play In A Potential T-Mobile Takeover?
Thursday, December 26, 2013 - 12:26pm | 618T-Mobile US (NYSE: TMUS) is a takeover target. That much seems almost certain. Whether it will eventually be acquired by Sprint (NYSE: S), Dish Network (NASDAQ: DISH) or someone else is open to debate. As the various players position themselves, one entity stands ready to make or break any...
-
Is Dish About To Pounce On T-Mobile?
Thursday, December 19, 2013 - 12:21pm | 653First, there were rumors that Sprint (NYSE: S) was flirting with the notion of acquiring T-Mobile US (NYSE: TMUS). Despite a pretty good case for a possible merger made by The Wall Street Journal, there was and is a catch: Should such a merger be approved, the market would end up dominated by...
-
Dish is Clear Frontrunner in January H-Block Spectrum Sale
Friday, December 6, 2013 - 10:23am | 530If all goes as expected, Dish Network Corp. (NASDAQ: DISH) will be picking up a chunk of H-Block wireless spectrum in January. Dish CEO Charlie Ergen will have little in the way of competition based on the list of 34 bidders released by the Federal Communications Commission Wednesday....
-
T-Mobile to Raise Nearly $2 Billion for Spectrum
Tuesday, November 12, 2013 - 11:55am | 597T-Mobile US (NYSE: TMUS) needs more spectrum. Spectrum, technically electromagnetic radiation and frequency bands, is the lifeblood of mobile service providers and in order to compete with AT&T (NYSE: T), Verizon (NYSE: VZ), and Sprint (NYSE: S), T-Mobile needs all the spectrum it can get...
-
T-Mobile Lets Customers 'Jump' to a New Phone Twice a Year (TMUS)
Thursday, July 11, 2013 - 9:42am | 596For $10 a month, the country’s #4 cellphone service provider, T-Mobile US (NYSE: TMUS), said subscribers could trade in their old, working phone up to four times in a 24-month period, according to Bloomberg. Under the banner of a new program called “Jump,” T-Mobile is putting the squeeze on...
-
Sprint Beats Out Dish for Clearwire Spectrum (CLWR, DISH, S)
Tuesday, July 9, 2013 - 8:45am | 588The votes are in and counted and the winner is - Sprint Nextel (NYSE: S). Bloomberg reported Monday that investors holding or representing 82 percent of eligible Clearwire Corp. (NASDAQ: CLWR) shares voted to accept Sprint’s offer. The deal gives Sprint valuable Clearwire spectrum that would...
-
Verizon Adds Spectrum from Comcast and Time Warner
Friday, December 2, 2011 - 1:29pm | 586Verizon (NYSE: VZ) announced on Friday that it was acquiring wireless spectrum from Comcast (NASDAQ: CMCSA) and Time Warner (NYSE: TWX) in its bid to address growing demand for wireless services. The company said it was buying 122 spectrum licenses, enough to allow it to improve its 4G standards...