08/13
Headlines

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MArket Movers: AT&T Inc. (NYSE:T), Google Inc (NASDAQ:GOOGL), Microsoft Corporation (NASDAQ:MSFT), Verizon Communications Inc. (NYSE:VZ), T-Mobile US (NYSE:TMUS)

Kristen Barton03 mins

Telecom giant AT&T Inc. (NYSE:T) on Wednesday defended its proposed $48.5 billion acquisition of satellite television company DirecTV ( DTV ), saying that a combined company would be able to offer new and better service bundle as well as create a stronger competitor to large cable providers, resulting in overall net benefit to consumers. AT&T…

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Hot Watch List: SINA Corp (NASDAQ:SINA), Weibo Corp (ADR) (NASDAQ:WB), Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T), Volkswagen AG (ADR) (OTCMKTS:VLKAY)

Jason Knox03 mins

The country’s Internet censors have taken a more aggressive approach since President Xi Jinping came to power in 2012. Over the past year, the government has cracked down on online commentators, formed a high-level committee to address Internet security, and run an unprecedented antipornography campaign that led to the revocation of two online-publication and distribution…

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Hot Movers: Weibo Corp (ADR) (NASDAQ:WB), Baidu Inc (ADR) (NASDAQ:BIDU), SINA Corp (NASDAQ:SINA), Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T)

Mark DeFrance03 mins

Sina recently led an initial public offering for Weibo Corp. (NASDAQ: WB) in which it holds a majority stake. The IPO was less than a smashing success and then the government withdrew two of its publication and distribution licenses for what the government said was “lewd and pornographic content.” Weibo Corp (ADR) (NASDAQ:WB) stock performance…

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Watch List; Himax Technologies (NASDAQ:HIMX), Micron Technology (NASDAQ:MU), Applied Materials, Inc. (NASDAQ:AMAT), AT&T Inc. (NYSE:T), Zynga Inc (NASDAQ:ZNGA)

Adam Keintzel03 mins

Himax Technologies, Inc. (NASDAQ:HIMX) shares dropped 13.58% after reports revealed that Renasas Eletronics plans to sell its stake in a unit that supplies display driver chips for the Apple iPhone. According to Reuters Renesas will sell its stake to Synaptics. The unit is the sole supplier to for display driver chips in the iPhone. Himax…

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MArket Movers: Tesla Motors Inc (NASDAQ:TSLA), Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T), Interval Leisure Group (NASDAQ:IILG), Orbitz Worldwide (NYSE:OWW)

Chris Lewis03 mins

Back in 2012, Tesla Motors Inc (NASDAQ:TSLA) announced it signed a deal to supply the battery packs for Toyota’s US bound RAV4 EV and has now reported the deal would conclude at the end of 2014. Toyota owns 2.4% of the Palo Alto, California-based Tesla Motors Inc (NASDAQ:TSLA), which plans now to build the world’s…

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Hot Watch List: Elizabeth Arden (NASDAQ:RDEN), Pinnacle Foods Inc (NYSE:PF), AT&T Inc. (NYSE:T), International Business Machines Corp. (NYSE:IBM)

Kevin Long03 mins

Elizabeth Arden, Inc. (NASDAQ:RDEN) said its board is exploring strategic alternatives as the beauty-products company reported a wider fiscal third-quarter loss. The company said that it has enlisted Goldman Sachs & Co to help its board look for potential strategic alternatives to enhance shareholder value, while also adding that it is implementing a broad restructuring…

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