AT&T, Inc. (NYSE:T): A subsidiary of AT&T Inc., Stevens Graphics LLC, sold a bulk warehouse in Birmingham, Alabama for over $2 million, according to public deed transaction records. On December 3, Westbury 3 LLC purchased the 200,000-square-foot building at 100 W. Oxmoor Road for $2.025 million, which is far lower than the $2.495 million asking price.
Sprint Nextel Corp. (NYSE:S): Dish Network (NASDAQ:DISH) has requested additional time from the U.S. telecom regulator in order to file an objection to Sprint Nextel’s proposed sale of a controlling stake to Japan’s SoftBank (SFTBF) as a result of Sprint’s announcement during the week of it intention to buy out Clearwire Corp. (NASDAQ:CLWR), according to Reuters.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
Verizon Communications Inc. (NYSE:VZ) faced a ton of options activity from both sides of the trading aisle on Friday. There were nearly 26,000 calls during the course of the session, which is over twice the norm, as nearly 30,000 puts changed hands, more than three times the equity’s average daily put volume.
Vodafone Group plc (NASDAQ:VOD): Telecom tribunal TDSAT told Vodafone to not stop the interconnection of SMSes that originate from RCom customers in 12 circles, which are subject to the condition that the Anil Ambani-led Reliance Group firm pays 5 paise per message to the GSM operator. However, for the rest circles, where RCom and Vodafone had an agreement not to charge each other, Telecom Disputes Settlement andAppellate Tribunal (TDSAT) said no termination fee should be charged till the tribunal decides on the issue.
Leap Wireless International Inc. (NASDAQ:LEAP): Zacks has decided to keep a Neutral rating on Leap Wireless’ shares with a $7.25 target price. A Zacks’ analyst wrote, “Leap Wireless posted mixed financial results for the third quarter of 2012, on the back of spectrum sale where the bottom line beat the Zacks Consensus Estimate but the top line missed the same . Strong smartphone portfolio (inclusive of iPhone 5 and 4G devices) and 4GLTE deployments coupled with attractive plans will drive the wireless service business for Leap Wireless. However, huge subsidy on iPhone coupled with stiff competition from other major carriers and highly leveraged balance sheet will continue to act as headwind for the company going forward.”
Don’t Miss: Will Verizon Carry Nokia to Success?