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Sprint Acquires Handmark Inc. – Analyst Blog

Thu, 23 May 2013 19:45:01 -0400

Sprint Nextel Corp. acquired Handmark Inc., a Kansas City based developer and distributor of mobile applications, along with its subsidiary OneLouder Apps Inc.

USM Completes Biz Sale, Pays Div – Analyst Blog

Thu, 23 May 2013 18:30:01 -0400

United States Cellular Corp. , subsidiary of Telephone & Data Systems Inc. successfully completed its spectrum sale in its Midwest markets to Sprint Nextel .

(DISH) DISH Network Likely to Top Earnings

Thu, 23 May 2013 15:56:18 -0400

We expect DISH Network Corporation. (DISH), the second-largest satellite TV operator in the U.S.,...

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Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Thu, 23 May 2013 02:25:00 -0400

DailyFinance.com: Hewlett-Packard Co. (NYSE: HPQ) raises its financial forecast and shares soar. (Reuters) The European Union may allow Greece more time to reach its budget targets. (Reuters) After a number of attacks on its media sites, Twitter tries to do a better ... Read more

Benzinga's M&A Chatter for Wednesday May 22, 2013

Wed, 22 May 2013 17:56:12 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday May 22, 2013:

Clearwire Board Recommends Shareholders Approve $3.40/Share Offer from Sprint

The Recommendation:Clearwire Corporation (NASDAQ: CLWR) announced Wednesday that its Special Committee of the Board of Directors and its Board of Directors have approved

Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Wed, 22 May 2013 02:52:00 -0400

DailyFinance.com: Sony Corp. (NYSE: SNE) cuts forecasts for game console margins for the next several years. (MarketWatch) Sony also cuts targets for smartphones and camera sales. (Reuters) A complex Irish tax loophole helps Apple Inc. (NASDAQ: AAPL) save billions in ... Read more

Benzinga's M&A Chatter for Tuesday May 21, 2013

Tue, 21 May 2013 18:09:20 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday May 21, 2013:

NY Post Reports Saks Hires Goldman Sachs to Explore Strategic Alternatives

The Rumor:Shares of Saks (NYSE: SKS) surged sharply higher after-hours on a report from the NY Post that the company has

Closing Bell for Tuesday on Wall Street: Markets Open Higher, Manage to Hold Decent Gain

Tue, 21 May 2013 12:04:00 -0400

DailyFinance.com: U.S. equity markets opened slightly higher this morning on another day when very little economic data was released anywhere around the globe. There was no data released at all in the U.S., and in Asia, Hong Kong's inflation rate rose to 4% in the ... Read more

Sprint boosts Clearwire offer; vote delayed

Tue, 21 May 2013 11:34:59 -0400

Majority owner Sprint Nextel Corp. boosted its offer for Clearwire Corp. by 14% Tuesday, succumbing to shareholder pressure with the hope of winning over vigorous opposition to the deal.

DISH, Sprint to Begin Due Diligence, Begin Negotiations

Tue, 21 May 2013 06:01:52 -0400

DISH Network Corporation (NASDAQ: DISH) ("DISH") responded Monday to Sprint Nextel Corporation's (NYSE: S) announcement (“Sprint”) that it has received a waiver of various provisions under the merger agreement between it and

Clearwire Shareholders Score Victory with Higher Buyout Offer

Tue, 21 May 2013 05:25:00 -0400

DailyFinance.com: Clearwire Corp. (NASDAQ: CLWR) is getting the higher buyout price offer from Sprint Nextel Corp. (NYSE: S) that has been rumored to be coming. The new increased offer is at $3.40 per share in cash to acquire roughly the 50% stake in the company that ... Read more

Media Digest: Reuters, WSJ, NY Times, FT

Tue, 21 May 2013 02:47:00 -0400

DailyFinance.com: Yahoo! Inc.'s (NASDAQ: YHOO) profits in Asia will help balance the risk of its Tumblr buyout. (Reuters) A successful vote to split the chairman and CEO jobs at J.P. Morgan Chase & Co. (NYSE: JPM) could still prompt Jamie Dimon's departure. ... Read more

Dish Network Goes After Another Helping of Wireless Spectrum

Mon, 20 May 2013 12:33:00 -0400

DailyFinance.com: Earlier this month, wireless network provider LightSquared Inc. received permission from the Federal Communications Commission (FCC) to use a band of wireless spectrum for a period of three months to test whether or not the company's use of the ... Read more

Barron's Recap: Cues from Cooperman

Sun, 19 May 2013 11:19:45 -0400

This weekend in Barron's online: a profile of a Wall Street titan, a tribute to a former Barron's editor and columnist, and the prospects for Ryder System, Tencent and ING U.S.

Cover Story

"Cues from Cooperman" by Lawrence C. Strauss.

This article says that Leon Cooperman, chairman and CEO of Omega Advisors,

Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Fri, 17 May 2013 02:43:00 -0400

DailyFinance.com: The European Central Bank may begin to identify weak banks and deny them aid. (Reuters) Foxconn, once one of Apple Inc.'s (NASDAQ: AAPL) largest suppliers, says it needs additional time to cut back worker overtime. (Reuters) Dell Inc.'s (NASDAQ: ... Read more

Benzinga's M&A Chatter for Thursday May 16, 2013

Thu, 16 May 2013 19:45:49 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday May 16, 2013:

Aruba Networks Acquires Meridian

The Deal:Aruba Networks (NASDAQ: ARUN) announced Thursday the acquisition of privately-held startup Meridian Apps, Inc. With this acquisition, Aruba Networks enables new location-based services by combining its unique,

Benzinga's M&A Chatter for Wednesday May 15, 2013

Wed, 15 May 2013 18:52:26 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday May 15, 2013:

Hearing Chatter Cisco May Bid $75/Share to Acquire Red Hat

The Rumor:Shares of Red Hat (NYSE: RHT) rose early Wednesday on unconfirmed market chatter that Cisco (NASDAQ: CSCO) may bid

Sprint Wins New Contract from VA – Analyst Blog

Tue, 14 May 2013 17:45:01 -0400

Sprint in collaboration with A&T Systems has received a National Mobile Devices and Services contract from the U.S. Department of Veterans Affairs.

Verizon Shells Out $7B in Dividend – Analyst Blog

Tue, 14 May 2013 15:21:01 -0400

Verizon Wireless recently announced hefty dividend returns to its stake owners.

Sprint BlackBerry Q10 to Launch in Late Summer

Tue, 14 May 2013 09:43:35 -0400

Sprint (NYSE: S) today announced the summer availability of its first 4G LTE BlackBerry® smartphone, BlackBerry® Q10. Combining BlackBerry's best physical keyboard and a touchscreen with the

Sprint Gets a Boost From ISS – Analyst Blog

Mon, 13 May 2013 20:00:01 -0400

Sprint Nextel Corp. gets Institutional Shareholder Services' (ISS) support for its plan to completely acquire its subsidiary, Clearwire Corporation.

Sprint Nextel Corporation (S) Shareholders Pick Their Price

Mon, 13 May 2013 11:18:00 -0400

Sprint Nextel Corporation (NYSE:S) has been tearing its way up the charts for some time now, with the shares nearly tripling in value over the past 52 weeks to trade at %247.26...(Read More)

Clearwire Chairman Sends Letter to Holders Urging Vote 'For' Sprint Deal

Mon, 13 May 2013 09:05:28 -0400

The Board of Directors of Clearwire (Nasdaq: CLWR) ("Clearwire" or the "Company") today mailed a letter to stockholders in connection with its proposed transaction with Sprint (NYSE: S) recommending that stockholders vote 'FOR' the proposed transaction. The letter highlights the favorable recommendations of leading proxy advisory services and conveys compelling

Media Digest: Reuters, WSJ, NY Times, FT, Bloomberg

Mon, 13 May 2013 02:46:00 -0400

DailyFinance.com: China's factory output misses expectations on the low side. (Reuters) Posting on Google+ has been low, hurting the chance for Google Inc. (NASDAQ: GOOG) to get ads for the service. (Reuters) A drop in network TV ratings hurts prices of the annual ... Read more

Benzinga's M&A Chatter for Thursday May 9, 2013

Thu, 09 May 2013 19:22:11 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday May 9, 2013:

Microsoft May Buy Nook Media Assets for $1B

The Rumor:Shares of Barnes & Noble (NYSE: BKS) surged higher Thursday on a report from TechCrunch that Microsoft (NASDAQ: MSFT) could

Further Upside Expected in Sprint Nextel Corporation (S)

Thu, 09 May 2013 14:44:00 -0400

Sprint Nextel Corporation (NYSE:S) remains in high demand -- among suitors vying for its hand, and bullish option players hoping to profit from the ongoing buyout talks...(Read More)

Dish Network Earnings Cut By Slowing Satellite TV Subscriber Growth

Thu, 09 May 2013 03:35:00 -0400

DailyFinance.com: Dish Network Corp. (NASDAQ: DISH) reported first-quarter 2013 results before markets opened this morning. The satellite TV provider posted diluted earnings per share (EPS) of $0.47 on revenues of $3.56 billion. In the same period a year ago, the ... Read more

Novatel Drives MiFi Usage – Analyst Blog

Wed, 08 May 2013 18:10:01 -0400

Novatel Wireless Inc. launched SA 2100, a superior higher frequency MiFi-based M2M device which will connect various M2M vertical markets.

Apple's 50 Billionth App Download Could be Worth $100,000

Wed, 08 May 2013 15:33:25 -0400

Apple (NASDAQ: AAPL) is giving away $10,000 to the lucky man or woman who downloads the 50 billionth app within the App Store.

Hike, an instant messaging app for iOS, Android, Windows Phone, BlackBerry (NASDAQ: BBRY) and an obscure Nokia (NYSE: NOK) format,

T-Mobile Sold 500,000 iPhones, Could Top Sprint

Wed, 08 May 2013 09:12:50 -0400

T-Mobile (NASDAQ: TMUS) announced this morning that it has sold 500,000 iPhones since the product arrived at the carrier less than one month ago.

Apple (NASDAQ: AAPL) began selling the T-Mobile iPhone on Friday, April 12. Sales were so high that it created one of the

T-Mobile US Earnings Report Sets the Stage

Wed, 08 May 2013 04:50:00 -0400

DailyFinance.com: T-Mobile US Inc. (NYSE: TMUS) reported first-quarter 2013 results before markets opened this morning. The wireless provider is the U.S.-listed combination of Deutsche Telekom's T-Mobile USA unit and MetroPCS Communications Inc. Because the ... Read more

Media Digest: Reuters, WSJ, FT, Bloomberg

Wed, 08 May 2013 03:01:00 -0400

DailyFinance.com: China's trade surplus is better than expected in April. (Reuters) With inflation below Federal Reserve targets, the central bank may have to increase bond buying. (Reuters) Some hedge funds move into Detroit debt. (Reuters) Target Corp. (NYSE: TGT) ... Read more

DISH Likely to Top Earnings – Analyst Blog

Tue, 07 May 2013 18:10:01 -0400

We expect, Dish Network Corporation. to beat expectations when it reports its first-quarter 2013 results

Benzinga's M&A Chatter for Tuesday May 7, 2013

Tue, 07 May 2013 17:38:12 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday May 7, 2013:

Crest Financial Urges Shareholders to Reject Sprint-Clearwire Merger

The Shareholder Proxy Statement:Crest Financial Limited, owner of an 8.25% stake in Clearwire Corporation (NASDAQ: CLWR), urged Clearwire shareholders Tuesday to reject the proposed

Telefonica Extends Deal With Ono – Analyst Blog

Tue, 07 May 2013 16:00:01 -0400

Telefonica S.A. has renewed its MVNO contract with the Spanish cable TV service provider Ono for another two and a half years.

Verizon to Clear Out iPhone 5 Inventory with $100 Discount

Tue, 07 May 2013 15:01:22 -0400

Is Verizon (NYSE: VZ) looking to clear out its iPhone 5 inventory?

According to Electronista, the mobile carrier plans to take $100 off the price later this month. With an estimated start date of mid-May, the price reduction could occur as soon as next week.

Electronista speculated that

Sprint Is Racing for a Showdown

Tue, 07 May 2013 12:55:00 -0400

The company has 99 problems, but a bid ain't one of them.

Softbank Founder to Visit Sprint Shareholders

Tue, 07 May 2013 03:05:00 -0400

DailyFinance.com: Softbank is worried enough about the counter bid made by Dish Network Corp. (NASDAQ: DISH) for Sprint Nextel Corp. (NYSE: S) that its founder and chief will visit the United States. It is a trip he did not expect he would ever have to make. ... Read more

What Is Important in the Financial World

Tue, 07 May 2013 02:49:00 -0400

DailyFinance.com: West Lashes Out at China The world has started to gang up on China. America's Defense Department published a report as part of its Annual Report to Congress. In "Military and Security Developments Involving the People's Republic of China 2013," ... Read more

Telus Likely to Top Earnings – Analyst Blog

Mon, 06 May 2013 18:40:01 -0400

We expect Canada-based Telus Corporation, to beat expectations when it reports its first-quarter 2013 results on May 9, 2013.

Crest Financial Urges Shareholders to Reject Sprint-Clearwire Merger

Mon, 06 May 2013 18:26:06 -0400

Crest Financial Limited, the largest minority stockholder of Clearwire Corporation (NASDAQ: CLWR) with an ownership of 8.25% of the Class A common stock of Clearwire, today formally began its campaign to persuade Clearwire stockholders to reject the proposed merger with Sprint Nextel Corporation (NYSE: S) by

iPhone Could Reach 2.8 Billion New Customers

Mon, 06 May 2013 14:33:13 -0400

Apple's (NASDAQ: AAPL) iPhone could reach nearly three billion new customers worldwide -- but only if it is willing to change its policies.

According to Bloomberg, 2.8 billion potential iPhone customers continue to go untouched as international cellular service providers fight against Apple's current policies.

China Mobile (NYSE:

(S) Sprint to Kill iDEN at End Of June 2013

Mon, 06 May 2013 13:02:58 -0400

Sprint Nextel Corp. (S) is all set to achieve its goal of terminating integrated digital enhanced...

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Sprint to Axe iDEN at June End – Analyst Blog

Fri, 03 May 2013 16:40:01 -0400

Sprint is all set to achieve its goal of terminating integrated digital enhanced network network at the end of Jun 2013, as scheduled almost a year earlier.

(DISH) Dish Network Corporation Sees Possible Credit Downgrade by Moody’s

Thu, 02 May 2013 17:03:08 -0400

Credit rating agency, Moody’s Investors Service has put the U.S. based satellite service provider,...

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T-Mobile Closes MetroPCS Buyout – Analyst Blog

Thu, 02 May 2013 14:10:01 -0400

T-Mobile USA has successfully completed the acquisition of MetroPCS Communications.

Will SoftBank Raise its Offer to Buy Sprint?

Thu, 02 May 2013 09:18:27 -0400

Dish Network (NASDAQ: DISH) Chairman Charlie Ergen thinks that SoftBank CEO Masayoshi Son was bluffing when he said that he would not raise the price of his offer for Sprint (NYSE: S).

The two corporate leaders got into a war of words this week, but instead of

AT&T Offers Home Security – Analyst Blog

Wed, 01 May 2013 16:58:01 -0400

AT&T will unveil the Digital Life package, its home security and automation service in 15 cities.

Apple's iPhone Exposed to Nearly 10 Million Potential Customers

Wed, 01 May 2013 16:01:34 -0400

Apple's (NASDAQ: AAPL) popular trilogy of smartphones -- the iPhone 4, iPhone 4S and iPhone 5 -- is now available to nearly 10 million additional customers.

According to AppleInsider, the expansion is due to the merger between T-Mobile (NYSE: TMUS) and MetroPCS (NYSE: PCS).

The Bulls Aren't Finished with Sprint Nextel Corporation (S)

Tue, 30 Apr 2013 12:14:00 -0400

Bullish speculators are dismissing Monday's downgrade of Sprint Nextel Corporation (NYSE:S) and are instead betting on future upside...(Read More)