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Apple Roundup: Buying Texture, Making MicroLED Displays & More

11m zacks
It was an eventful week for Apple (AAPL - Free Report) , a week that included its purchase of a magazine subscription service called Texture, a news leak about its in-house development of MicroLED screens, a report about its sinking brand value, plus some usual ruckus about its business practices, fines and taxes in Europe. Here are some more details- (305-0)

Banks Rejoice as Fed Hikes Rate, Raises Economic Outlook

24m zacks
The Federal Reserve announced the first rate hike of 2018 at the Federal Open Market Committee (FOMC) meeting Wednesday, under Chairman Jerome Powell’s debut meeting. The Fed was tempted by the strengthening economy, optimism on reaching the inflation target this year and impressive labor market gains. The benchmark federal funds rate has been hiked to 1.50-1.75% from the 1.25-1.50% raised in December 2017. (193-0)

Shell (RDS.A) Bolsters Outlook for Downstream Segment

51m zacks
Royal Dutch Shell plc (RDS.A - Free Report) recently released a statement updating its downstream segment’s outlook, bringing in pleasant news for the investors. Post the announcement, shares of the Anglo-Dutch giant have moved up 2.04% to eventually close at $63.48 on Mar 21. The European supermajor now expects strong growth in its downstream segment over the coming years. The company’s downstream segment — comprising refining, marketing/retail and chemical business — reported adjusted income of around $1. (51-0)

Carnival (CCL) Beats on Q1 Earnings, Raises FY18 Guidance

1h zacks
Earnings of 52 cents per share surpassed the Zacks Consensus Estimate by 9 cents and improved 36.8% year over year. Revenues of $4.2 billion outpaced the consensus mark by $120.9 million and increased 11.6% year over year. This top-line growth year over year was driven by strength across passenger tickets, onboard and other, and tour and other businesses. (56-0)

Altice USA (ATUS) Stock Declines 28% in 6 Months: Here's Why

4h zacks
Shares of Altice USA, Inc. (ATUS - Free Report) have lost 28% in the past six months, significantly underperforming its industry’s gain of 2.8%. (37-0)

U.S. Telecom: Intra-Industry Competition a Major Concern

15h zacks
The U.S. telecom market continues to witness intense pricing competition, as success to a great extent depends on technical superiority, quality of services and scalability. Additionally, the U.S. wireless industry is likely to become even more competitive in 2018 with the entry of cable MSOs (multi-service operators) in this space. (139-0)

Altice's (ATUS) CEO Dexter Goei on Q1 2018 Results - Earnings Call Transcript

2018-03-16 seekingalpha
Good morning. My name is Jodi and I will be your conference operator today. At this time, I would like to welcome everyone to the Altice NV Q4 2017 Results Conference Call. [Operator Instructions] Thank you. (21-0)

Altice Confirms Plan to Sell Phone Towers in France, Portugal - Bloomberg

2018-03-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (67-0)

UPDATE 1-Drahi's debt-ridden telecoms group Altice seeing some recovery in France

2018-03-15 reuters
PARIS, March 15 (Reuters) - Altice, billionaire Patrick Drahi’s debt-ridden telecoms and cable group which is undergoing a restructuring to revive its fortunes, said on Thursday it was seeing some recovery for the company in the competitive French market. (17-0)

Comcast Sum Of The Parts Indicates Material Undervaluation - Part II

2018-03-14 seekingalpha
In Part I of my three planned articles on Comcast (CMCSA), I valued the company on a free cash flow yield basis compared to the overall market. In this Part II, I will evaluate the company of a sum-of-the-parts basis. Before I get to that, one important note. Between writing Part I and Part II, an important event transpired. Comcast bid for Sky, plc (OTCQX:SKYAY) in an all-cash deal which values Sky at an enterprise value of $41 billion. (262-1)

Top Analyst Upgrades and Downgrades: Abercrombie, Altria, Century Aluminum, DSW, Ford, Quest Diagnostics, Sunoco and More

2018-03-14 247wallst
Stocks have been mixed all week, but Wednesday’s indications were for the major indices to open up about 0.3%. The bull market is now over nine years old, and investors are trying to weigh the recent volatility to decide how they want to be positioned for the year ahead and beyond. One trend that has kept working is for investors to buy all the big pullbacks. (290-0)

Top Analyst Upgrades and Downgrades: AMD, Altice, Century Aluminum, Cerner, Chipotle, Cigna, GE, Micron, Noble Energy and More

2018-03-13 247wallst
Stocks were mixed on Monday, but Tuesday’s indexes were indicated higher after core inflation remained under 2%. Now that the bull market is over nine years old, investors have to weigh the recent volatility and decide how they want to be positioned for the year ahead and beyond. The one trend that has prevailed for more than five years has been working for investors so far has been to buy all the big pullbacks. (782-1)

Singapore bourse easing rules on tech IPOs

The bourse last year proposed allowing dual-class shares, a structure favoured by tech founders because it lets them keep control after going public. (104-0)

Behind Altice’s Settlement with Starz over Carriage Fees

On February 13, 2018, Altice USA (ATUS) again joined hands with Starz broadcasting channels, just six weeks after Altice decided to drop the pay network’s channels on its platform due to a dispute over carriage fees. The companies didn’t announce the terms of the new deal. (32-0)

Why Verizon Dropped Bloomberg TV

Verizon Communications (VZ) has decided to remove Bloomberg TV from its programming. Bloomberg TV is Bloomberg’s news network. The decision came after Bloomberg asked Verizon to pay carriage fees for the content. According to Reuters, Verizon refused to agree to Bloomberg’s terms to pay for content because viewers can get it free online. In fact, Verizon is asking its customers to subscribe to Bloomberg’s website and app (application) to access Bloomberg TV. (25-0)

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