China Mobile Ltd Archives - Bartle Doo Article Archives

The head of marketing at Apple Inc. (NASDAQ: AAPL) criticizes Google Inc.’s (NASDAQ: GOOG) Android software and its largest adopter, Samsung. (Reuters)

Citadel will sell the shares it still has in E*Trade (NASDAQ: ETFC). (WSJ)

Competition hurts China Mobile Ltd.’s (NYSE: CHL) earnings. (WSJ)

Amazon.com Inc. (NASDAQ: AMZN) cuts the price of its Kindle Fire HD tablet. (WSJ)

As U.S. retail sales rose last month, consumers saved less. (WSJ)

The head of the Google Android business will move to another job and the head of Chrome operations will take over. (WSJ)

Renault will produce more cars in France, and in exchange, unions will accept pay freezes. (WSJ)

Capital One Financial Corp. (NYSE: COF), Citigroup Inc. (NYSE: C) and Wells Fargo & Co. (NYSE: WFC) agree to new employee clawback provisions after pressure from New York State. (WSJ)

Early tests of the batteries on the Boeing Co. (NYSE: BA) 787 Dreamliner are not set to predict future problems. (NYT)

A Solar Energy Industries Association study shows rapid growth of solar adoption in the United States. (NYT)

President Obama says he will increase pressure about cyberattacks that originate in China. (FT)

Germany says it will reject stimulus in favor of budget cuts. (FT)

Finance ministers at a European Union summit likely will ask to lessen budget demands on many weak nations. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, AMZN, BA, C, CHL, COF, ETFC, GOOG, WFC

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By 24/7 Wall St.

Filed under: Telecommunications

While the relationship has not been a particularly stormy one, the Verizon Wireless joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone Group plc (NASDAQ: VOD) has been the subject of lots of conjecture over the past couple of years. Now Bloomberg is reporting that the two have been talking about ways to end the relationship either through a buyout by Verizon or a merger between the two companies.

Citing “people familiar with the situation,” Bloomberg reports that talks were held as recently as last December regarding a full merger, but the discussion dissolved when the two companies could not agree on management or a location for the corporate headquarters. That leaves a Verizon buyout as a likely alternative, provided of course that the U.S. telecom giant can finance the $115 billion price tag that Vodafone’s 45% stake in Verizon Wireless is said to be worth.

Vodafone has said that it would like to sell stakes in businesses that it does not fully own. Last year it sold its stake in a French mobile-phone operator and it sold a minority stake in China Mobile Ltd. (NYSE: CHL) in 2010.

Shares of Vodafone are up nearly 4% at $26.34 in a 52-week range of $24.42 to $30.07. Verizon’s shares are up about 1% at $47.54 in a 52-week range of $36.80 to $48.77.

Filed under: 24/7 Wall St. Wire, Mergers and Buy Outs, Telecom & Wireless Tagged: CHL, VOD, VZ

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Tag Archives: China Mobile Ltd

Media Digest (3/14/2013) Reuters, WSJ, NYT, FT, Bloomberg

Verizon, Vodafone Talking Business

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