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Verizon and 8 Other Big Telecom Stocks You Should Buy Right Now

2015-04-15 00:51:34| Telecom - Topix.net

Shares of Alcatel-Lucent surged 13% on the news even though the merger talks aren't all that surprising given that many investors had hoped for this move. Shares of Nokia fell roughly 5% on Tuesday.

Tags: now right buy big

 

Exor launches $6.4 billion offer to buy PartnerRe

2015-04-14 21:05:25| Automakers - Topix.net

Italy's Exor SpA Tuesday offered $6.4 billion in cash to buy PartnerRe Ltd., in an unexpected move that attempts to scuttle a previously announced deal and could set off a bidding war for the reinsurer.

Tags: buy offer billion launches

 
 

Why UNP Is a Good Buy Post Recent Correction

2015-04-14 20:14:49| Railroads - Topix.net

Union Pacific Corporation is a Class I railroad operating in the U.S. The company has 31,974 route miles, linking Pacific Coast and Gulf Coast ports with the Midwest and eastern U.S. gateways and providing several corridors to key Mexican gateways. It serves the Western two-thirds of the country and maintains coordinated schedules with other rail carriers to move freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada, and Mexico.

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Arris, Charter to buy ActiveVideo for USD 135 mln

2015-04-14 13:19:00| Telecompaper Headlines

(Telecompaper) US cable operator Charter Communications formed a joint venture with equipment supplier Arris in order to buy the company ActiveVideo for USD 135 million. ActiveVideo's CloudTV platform helps TV service providers virtualise their customer premises equipment and deliver services such as user interface, online content and interactive ads from the cloud. Charter uses the platform to deliver its Spectrum Guide to customers, which is being rolled out on the Worldbox and other legacy set-top boxes in the Charter footprint. Arris will own 65 percent of the joint venture company and will be the sales channel for ActiveVideo's CloudTV platform. The company will market ActiveVideo to its existing portfolio of CPE customers, alongside its own cloud products. ActiveVideo's customer base already includes Cablevision, Liberty Global, Deutsche Telekom, Time Warner Cable, J:Com, Philips and Roku. Pending regulatory approval, the takeover is expected to close in Q2. Jeff Miller will continue to lead ActiveVideo as CEO. 

Tags: buy usd charter mln

 

Nokia in talks to buy rival Alcatel

2015-04-14 11:50:50| BBC News | Business | UK Edition

Nokia is in talks to buy French rival Alcatel-Lucent in a deal that could create a European telecoms equipment group worth over 40bn.

Tags: buy nokia talks alcatel

 

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