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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Shore Capital Partners, Verizon, Atos, Aermont Capital and DFDS Nov 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Friday: * * Private equity firm Shore Capital Partners is in talks to partner with Silver Lake Management to combine two veterinary groups through an $8.6 billion deal, Bloomberg News reported, citing people familiar with the matter.
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ISS recommends Frontier shareholders abstain from voting on Verizon's takeover bid

ISS recommends Frontier shareholders abstain from voting on Verizon's takeover bid Nov 1 (Reuters) - Prominent proxy advisory firm Institutional Shareholder Services on Friday recommended Frontier Communications FYBR.O shareholders abstain from voting on Verizon's VZ.N $20 billion takeover bid and instead support the adjournment proposal. Shareholders must decide whether a sale to Verizon, which likely would not close for at least another year, represents a better risk-adjusted alternative to th
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Charter beats Q3 estimates with smaller-than-expected broadband subscriber losses

UPDATE 1-Charter beats Q3 estimates with smaller-than-expected broadband subscriber losses Updates share move in paragraph 1 Nov 1 (Reuters) - Charter Communications CHTR.O beat Wall Street estimates for quarterly results and reported fewer-than-expected broadband subscriber losses on Friday, sending shares up 16% in early morning trading. The Stamford, Connecticut-based company's affordable internet plans, offering high-speed data, have resonated well with customers and has fueled significant g
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Charter beats Q3 estimates with smaller-than-expected broadband subscriber losses

Charter beats Q3 estimates with smaller-than-expected broadband subscriber losses Nov 1 (Reuters) - Charter Communications CHTR.O beat Wall Street estimates for quarterly results and reported fewer-than-expected broadband subscriber losses on Friday, sending shares up 6.6% in premarket trading. The Stamford, Connecticut-based company's affordable internet plans, offering high-speed data, have resonated well with customers and has fueled significant growth, countering competition from major wirel
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US court questions legal basis for net neutrality reinstatement

UPDATE 1-US court questions legal basis for net neutrality reinstatement Adds details of arguments, background in paragraphs 3-11 Internet service providers oppose FCC's action Three-judge panel hears arguments in case By David Shepardson Oct 31 (Reuters) - Federal appellate judges signaled skepticism on Thursday over whether the U.S. Federal Communications Commission has the authority to reinstate landmark net neutrality rules, a move that was challenged by groups representing internet service
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US appeals court questions Biden administration net neutrality rules

US appeals court questions Biden administration net neutrality rules WASHINGTON, Oct 31 (Reuters) - A three-judge appeals court on Thursday questioned whether the U.S. Federal Communications Commission has authority to reinstate landmark net neutrality rules. The FCC under President Joe Biden voted in April along party lines to reassume regulatory oversight of broadband internet and reinstate the rules adopted in 2015 that were rescinded under then-President Donald Trump .
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American Tower misses quarterly revenue estimates on leasing slowdown

UPDATE 1-American Tower misses quarterly revenue estimates on leasing slowdown Adds shares in first paragraph Oct 29 (Reuters) - Real estate investment trust American Tower AMT.N missed third-quarter revenue estimates on Tuesday due to diminished customer spending in its leasing business, causing its shares to fall 2.7% in early morning trading. The company leases space on its communications sites to firms including wireless service providers as well as radio and television broadcasters.
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American Tower misses quarterly revenue estimates on leasing slowdown

American Tower misses quarterly revenue estimates on leasing slowdown Oct 29 (Reuters) - Real estate investment trust American Tower AMT.N missed estimates for third-quarter revenue on Tuesday due to diminished customer spending in its leasing business. The company leases space on its communications sites to firms including wireless service providers as well as radio and television broadcasters.
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U.S. STOCKS McDonald's, Zebra Technologies, Pfizer

BUZZ-U.S. STOCKS ON THE MOVE-McDonald's, Zebra Technologies, Pfizer Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were little changed on Tuesday as investors prepared for a bevy of corporate results, most notably from Alphabet GOOGL.O to gauge the strength of the technology sector.
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U.S. carriers' commentary suggests slower Apple iPhone16 upgrades, Piper says

BUZZ-U.S. carriers' commentary suggests slower Apple iPhone16 upgrades, Piper says ** Recent commentary from U.S. carriers T-Mobile TMUS.O , Verizon VZ.N and AT&T T.N suggests a slower upgrade cycle for Apple's AAPL.O iPhone 16, says Piper Sandler ** Last week, TMUS , VZ , T gave somewhat 'subdued commentary' on the upgrade cycle, says brokerage **
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SBA Communications raises annual adjusted FFO forecast on steady demand

SBA Communications raises annual adjusted FFO forecast on steady demand Oct 28 (Reuters) - SBA Communications SBAC.O raised its annual forecast for adjusted funds from operations on Monday, anticipating a steady wireless carrier activity on the back of growing demand for 5G network. The Boca Raton, Florida-based company also said it would buy more than 7,000 communication sites in Central America from telecom firm Millicom International Cellular S.A.
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AT&T announces $1 bln fiber deal with Corning

AT&T announces $1 bln fiber deal with Corning Oct 28 (Reuters) - AT&T T.N said on Monday it had struck a $1 billion multi-year deal with Corning GLW.N to buy fiber, cable, and connectivity solutions, as the U.S. telecom giant looks to expand its high-speed internet services. WHY IT'S IMPORTANT With the U.S. wireless market facing a slowdown, telecom companies such as AT&T and rival Verizon VZ.N have doubled down on their high-speed internet businesses, an area that has long been dominated by bro
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Chinese hackers targeted phones affiliated with Harris campaign, source says

UPDATE 4-Chinese hackers targeted phones affiliated with Harris campaign, source says Trump and Vance also targeted, NYT reports Chinese embassy denies involvement in U.S. elections FBI and CISA investigating unauthorized access to telecom infrastructure Adds Chinese embassy comment in paragraphs 6-7, adds bullet points By Trevor Hunnicutt and Jasper Ward WASHINGTON, Oct 25 (Reuters) - Chinese hackers who tapped into Verizon's system targeted phones used by people affiliated with the campaign of
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Chinese hackers targeted phones used by Trump and Vance, New York Times reports

Chinese hackers targeted phones used by Trump and Vance, New York Times reports WASHINGTON, Oct 25 (Reuters) - Chinese hackers who tapped into Verizon's system targeted phones used by Donald Trump and his running mate JD Vance, the New York Times reported on Friday, citing people familiar. Reporting by Jasper Ward and Katharine Jackson
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Frontier Communications asks shareholders to accept Verizon's takeover bid

Frontier Communications asks shareholders to accept Verizon's takeover bid Oct 25 (Reuters) - Frontier Communications FYBR.O urged shareholders on Friday to vote for a $20 billion takeover bid from Verizon VZ.N , saying that it had reviewed interest from other potential buyers and found the telecom giant's proposal as the most favorable option. The fiber-optic internet provider said Verizon's final offer presents "a superior value over all other potential paths, including Frontier's ambitious st
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Deckers Outdoor jumps on raising annual sales forecast; lifts peers

BUZZ-Deckers Outdoor jumps on raising annual sales forecast; lifts peers Updates ** Shares of Hoka owner Deckers Outdoor DECK.N up as much as 13.5% at $172.57 - highest since June 17 ** Company raises its annual sales forecast and beats Q2 results on resilient demand for its Hoka shoes and UGG boots ** If gains hold, stock set for best day since Ma
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Deckers Outdoor shares dash ahead on surging demand for Hoka shoes

UPDATE 1-Deckers Outdoor shares dash ahead on surging demand for Hoka shoes Adds analyst comments in paragraph 3, 6 and 7, updates share movement to market open By Anuja Bharat Mistry Oct 25 (Reuters) - Deckers Outdoor DECK.N shares jumped about 1 1 % on Friday after the shoemaker raised its annual sales forecast betting on strong demand for its shoes and boots during the crucial holiday season.
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Deckers Outdoor jumps on raising annual sales forecast; lifts peers

BUZZ-Deckers Outdoor jumps on raising annual sales forecast; lifts peers ** Shares of Hoka owner Deckers Outdoor DECK.N up 14.1% at $173.40 before the bell ** Company raises its annual sales forecast and beats Q2 results on resilient demand for its Hoka shoes and UGG boots ** Nike NKE.N and Under Armour UAA.N shares up ~1% premarket, while Roger Fe
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Street View: T-Mobile's wireless growth story intact

BUZZ-Street View: T-Mobile's wireless growth story intact ** T-Mobile US TMUS.O on Wednesday exceeded expectations for quarterly wireless subscriber additions as more customers chose its discounted plans that bundle streaming services like Netflix ** Shares of the co up 2.1% at $225.6 in premarket trading ANALYSTS IN T-MOBILE'S CORNER ** BofA Global Research ("buy," PT: $240) says TMUS's new rapid integration plan and customer-focused marketing will drive strong market share, revenue and free ca
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Wall Street Journal - Oct 24

PRESS DIGEST- Wall Street Journal - Oct 24 Oct 24 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Boeing's BA.N largest union, International Association of Machinists and Aerospace Workers (IAM), rejected a new labor deal on Wednesday, extending a six-week strike that has plunged the jet maker into increasing financial peril.
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