Friday, February 11, 2022 07:50:36 UTC
Iliad France's $12.6 billion bid for Vodafone Italy was unexpectedly rejected. Expect a drop in share price at open. They intend to pursue a stand-alone strategy.
Vodafone (VOD.L) rejected a preliminary offer from France's Iliad and Apax Partners for its Italian unit for more than 11 billion euros, the first public clash in what might be a new wave of European telecoms deal making.
"Iliad takes note of the rejection by Vodafone of its 11.25 billion euros ($12.92 billion) offer for Vodafone Italy," the company said in a statement, adding that it will "pursue its stand-alone strategy".
Vodafone, the world's second largest mobile provider, said the offer was not in shareholders' best interests.(More)
@vodafoneit @orange @vodafoneit @orange
#vod #vodafone #cellular #mobilephone #italy #communications
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Tuesday, February 01, 2022 14:31:27 UTC
AT&T, AMC Entertainment, and UPS were the premarket leaders, according to the S&P 500.
Upon completion of the WarnerMedia/Discovery Communications merger later this year, AT&T expects to distribute its investment in the DISCA combination to its stockholders. Premarket decline was 3.5%.
AMC Entertainment's stock rallied 4.7 percent in premarket trading after the company announced better-than-expected fourth-quarter preliminary results.
In the premarket, UPS shares rose 7.4 percent after the company reported strong quarterly earnings, issued optimistic forecasts and announced a 49% dividend hike. FedEx (FDX) rose 2.5% in the premarket on UPS's positive news.(More)
AT&T AND MORE PREMARKET MOVERS
Tuesday, February 01, 2022 14:31:27 UTC
AT&T, AMC Entertainment, and UPS were the premarket leaders, according to the S&P 500.
Upon completion of the WarnerMedia/Discovery Communications merger later this year, AT&T expects to distribute its investment in the DISCA combination to its stockholders. Premarket decline was 3.5%.
AMC Entertainment's stock rallied 4.7 percent in premarket trading after the company announced better-than-expected fourth-quarter preliminary results.
In the premarket, UPS shares rose 7.4 percent after the company reported strong quarterly earnings, issued optimistic forecasts and announced a 49% dividend hike. FedEx (FDX) rose 2.5% in the premarket on UPS's positive news.
#t #att #verizon #comcast #telephone #mobilecommunications #telecom #amc #ups
Tuesday, December 07, 2021 14:54:32 UTC
Intel Corp. said Monday that it plans to take its self-driving car business Mobileye public in the U.S. by the middle of next year.
According to Intel, the company will remain the majority owner of Mobileye with no intent to spin off or divest. The two companies will continue as strategic partners to pursue the growth of computing in the automotive sector. News of the move sent shares of Intel up about 8% in early trading today.(More)
INTEL TO TAKE MOBILEYE PUBLIC
Tuesday, December 07, 2021 14:54:32 UTC
Intel Corp. said Monday that it plans to take its self-driving car business Mobileye public in the U.S. by the middle of next year.
According to Intel, the company will remain the majority owner of Mobileye with no intent to spin off or divest. The two companies will continue as strategic partners to pursue the growth of computing in the automotive sector. News of the move sent shares of Intel up about 8% in early trading today.
#intel #mobileye #automotive #electriccar #tesla #stock #selfdrivingcars
IPHONE 13 DEMAND SLOWING
12.2.21 12:19 PM UTC
Production for Apple's iPhone 13 has dropped dramatically, due to supply chain issues, the company said today. The stock is down in pre-market after a $170 high yesterday.
IPHONE 13 DEMAND SLOWING
Thursday, December 02, 2021 12:19:04 UTC
Production for Apple's iPhone 13 has dropped dramatically, due to supply chain issues, the company said today. The stock is down in pre-market after a $170 high yesterday.