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Saturday, January 31, 2015

Lafarge SA, Holcim near deal to sell $7 billion in assets to CRH -WSJ, (NYSE: CRH)

Cement companies Lafarge SA and Holcim Ltd are nearing a deal to sell at least $7 billion worth of assets to Ireland's CRH PLC, the Wall Street Journal reported on Saturday, citing people familiar with the matter. The Journal noted that the sale of the assets in Europe, Canada and elsewhere was a precondition of winning antitrust approval for the roughly $40 billion pending merger between France's Lafarge and Switzerland's Holcim.

CRH plc is a diversified building materials company, which manufactures and distributes building material products from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal. Shares of CRH fell by 1.83% or $-0.45/share to $24.14. In the past year, the shares have traded as low as $19.95 and as high as $30.06. On average, 607163 shares of CRH exchange hands on a given day and today's volume is recorded at 436711.



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Friday, January 30, 2015

Dish's $3 billion wireless auction discount up for U.S. regulator review, (NYSE: BLK), (NASDAQ: DISH), (NYSE: T), (NYSE: VZ)

U.S. regulators will review a $3 billion discount claimed by Dish Network Corp and partners including investment management company BlackRock Inc during a U.S. government wireless spectrum auction that ended this week. In a relatively common process for Federal Communications Commission auctions, Dish and partners invested in separate companies with little to no revenue that can receive a 25 percent discount in auction bidding.The FCC will now scrutinize the details of legal and financial ties of those separate companies to Dish and other corporations, aiming to make sure the airwaves will be used to compete against Verizon Communications Inc, AT&T Inc and others instead of turning the winnings over to incumbents."From a Dish perspective, they just created $3.3 billion worth of value," said Jonathan Chaplin at New Street Research. "Now we will see if they get away with it or not."The companies spent $13.3 billion at the auction but provisionally received a $3.3 billion discount, results showed on Friday. The government gives the discounts with the goal of helping new entrants to the industry better compete with incumbents.

BlackRock, Inc. (BlackRock) is an investment management firm. Shares of BLK fell by 1.85% or $-6.43/share to $340.51. In the past year, the shares have traded as low as $284.78 and as high as $368.64. On average, 521705 shares of BLK exchange hands on a given day and today's volume is recorded at 663236.

DISH Network Corporation, is a pay-television (TV) provider, with approximately 14. Shares of DISH fell by 4.26% or $-3.13/share to $70.35. In the past year, the shares have traded as low as $54.31 and as high as $79.57. On average, 2344690 shares of DISH exchange hands on a given day and today's volume is recorded at 8326770.

AT&T Inc. (AT&T) is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. Shares of T fell by 0.12% or $-0.04/share to $32.92. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 25136400 shares of T exchange hands on a given day and today's volume is recorded at 56280900.

Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ fell by 0.87% or $-0.4/share to $45.71. In the past year, the shares have traded as low as $45.09 and as high as $53.66. On average, 16934600 shares of VZ exchange hands on a given day and today's volume is recorded at 22768004.



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AT&T top buyer at U.S. airwaves auction; Dish spends big, (NASDAQ: DISH), (NYSE: T), (NYSE: TMUS), (NYSE: VZ)

AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Verizon Communications Inc and bidding partners of Dish Network Corp also spending heavily, results showed on Friday.AT&T bid a total of $18.2 billion to win licenses of so-called AWS-3 spectrum; Verizon bid $10.4 billion and T-Mobile US Inc bid $1.8 billion, according to the results released by the Federal Communications Commission.The record $44.9 billion auction, which ended on Thursday, demonstrated the voracious appetite of wireless carriers and other companies for spectrum, which has become a prized commodity as companies race to satisfy the growing consumer demand to stream video and other data-guzzling content.Dish itself did not win any licenses, but it had joint bidding agreements with SNR Wireless LicenseCo LLC and Northstar Wireless LLC, in which it has indirect ownership interests. Those two companies bid a total of $13.3 billion, but had applied to receive a discount as small-business entities, bringing their net bid amount to $10 billion.

DISH Network Corporation, is a pay-television (TV) provider, with approximately 14. Shares of DISH fell by 4.26% or $-3.13/share to $70.35. In the past year, the shares have traded as low as $54.31 and as high as $79.57. On average, 2229350 shares of DISH exchange hands on a given day and today's volume is recorded at 8326770.

AT&T Inc. (AT&T) is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. Shares of T fell by 0.12% or $-0.04/share to $32.92. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 24526700 shares of T exchange hands on a given day and today's volume is recorded at 56275196.

Shares of TMUS traded higher by 2.13% or $0.63/share to $30.18. In the past year, the shares have traded as low as $24.26 and as high as $35.50. On average, 4871980 shares of TMUS exchange hands on a given day and today's volume is recorded at 8199834.

Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ fell by 0.87% or $-0.4/share to $45.71. In the past year, the shares have traded as low as $45.09 and as high as $53.66. On average, 16760400 shares of VZ exchange hands on a given day and today's volume is recorded at 22766612.



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GFI Group shareholders reject proposed CME Group takeover, (NASDAQ: BGCP), (NASDAQ: CME), (NYSE: GFIG)

GFI Group Inc shareholders on Friday rejected a proposed takeover by CME Group Inc, forcing the companies to terminate a merger agreement, according to the companies. CME Group, the world's largest futures exchange operator, for months has been locked in a bidding war for derivatives broker GFI Group with inter-dealer broker BGC Partners Inc .CME Group first agreed to acquire GFI Group last July for a total of around $820 million. In September, BGC Partners topped CME Group's initial offer in a hostile bid.CME Group had pursued GFI Group to acquire two GFI units that would allow it to expand its reach in the European energy and global foreign exchange markets.GFI Group's stock price has climbed 80 percent since the day before CME announced its takeover offer in July. CME Group shares have advanced about 15 percent over the same period, while BGC Partners' shares are down slightly.

BGC Partners, Inc. is a global brokerage Company servicing the financial and real estate markets. Shares of BGCP fell by 4.34% or $-0.355/share to $7.83. In the past year, the shares have traded as low as $6.10 and as high as $9.57. On average, 925855 shares of BGCP exchange hands on a given day and today's volume is recorded at 862224.

CME Group Inc. (CME Group) offers a range of global products across all asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. Shares of CME fell by 1.07% or $-0.92/share to $85.30. In the past year, the shares have traded as low as $66.44 and as high as $93.91. On average, 1496780 shares of CME exchange hands on a given day and today's volume is recorded at 1533456.

GFI Group Inc. is a provider of brokerage and trade execution services, clearing services, market data and trading platform and other software products to institutional customers in markets for a range of fixed income, financial, equity and commodity instruments. Shares of GFIG fell by 1.23% or $-0.07/share to $5.61. In the past year, the shares have traded as low as $2.98 and as high as $6.19. On average, 437639 shares of GFIG exchange hands on a given day and today's volume is recorded at 1024995.



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AT&T top buyer at U.S. airwaves auction; Verizon, Dish spend big, (NASDAQ: DISH), (NYSE: T), (NYSE: TMUS), (NYSE: VZ)

AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Verizon Communications Inc and bidding partners of Dish Network Corp also spending heavily, results showed on Friday.AT&T bid a total of $18.2 billion to win licenses of so-called AWS-3 spectrum; Verizon bid $10.4 billion and T-Mobile US Inc bid $1.8 billion, according to the results released by the Federal Communications Commission.The record $44.9 billion auction, which ended on Thursday, demonstrated the voracious appetite of wireless carriers and other companies for spectrum, which has become a prized commodity as companies race to satisfy the growing consumer demand to stream video and other data-guzzling content.Dish itself did not win any licenses, but it had joint bidding agreements with SNR Wireless LicenseCo LLC and Northstar Wireless LLC, in which it has indirect ownership interests. Those two companies bid a total of $13.3 billion, but had applied to receive a discount as small-business entities, bringing their net bid amount to $10 billion.

DISH Network Corporation, is a pay-television (TV) provider, with approximately 14. Shares of DISH fell by 4.26% or $-3.13/share to $70.35. In the past year, the shares have traded as low as $54.31 and as high as $79.57. On average, 2229350 shares of DISH exchange hands on a given day and today's volume is recorded at 8303690.

AT&T Inc. (AT&T) is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. Shares of T fell by 0.12% or $-0.04/share to $32.92. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 24526700 shares of T exchange hands on a given day and today's volume is recorded at 54606380.

Shares of TMUS traded higher by 2.13% or $0.63/share to $30.18. In the past year, the shares have traded as low as $24.26 and as high as $35.50. On average, 4871980 shares of TMUS exchange hands on a given day and today's volume is recorded at 8193241.

Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ fell by 0.87% or $-0.4/share to $45.71. In the past year, the shares have traded as low as $45.09 and as high as $53.66. On average, 16760400 shares of VZ exchange hands on a given day and today's volume is recorded at 22524640.



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Gene-therapy company Spark Therapeutics shares double in debut, (NYSE: PFE)

Shares of Spark Therapeutics Inc more than doubled in their debut, valuing the gene-therapy company at nearly $1.5 billion and underscoring investor's interest in the field that recently produced a million-dollar drug. The company's shares opened at $45.10 in their debut on Friday, nearly double their IPO price of $23, and soared to a high of $50 with about 6.6 million shares changing hands.Spark Therapeutics' debut comes three months after the Western world's first gene therapy drug received a $1.4 million price tag, a new record for a medicine to treat a rare disease.The sky-high cost of Glybera, from Dutch biotech firm UniQure and its Italian marketing partner Chiesi, shows how single curative therapies to fix faulty genes may upend the conventional pharmaceutical business model.U.S. drug giant Pfizer Inc said last month it is moving into gene therapy, the latest sign that the technology may finally be ready for prime time after a few setbacks.

Pfizer Inc. (Pfizer) is a research-based, global biopharmaceutical company. Shares of PFE fell by 1.3% or $-0.415/share to $31.42. In the past year, the shares have traded as low as $27.51 and as high as $33.50. On average, 24861800 shares of PFE exchange hands on a given day and today's volume is recorded at 24528830.



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