Wireless Telecommunications Services
CalAmp gives Q2 2016 guidance in line with analysts' estimates; gives FY 2016 revenue guidance in line with analysts' estimates
CalAmp:Expects to achieve Q2 2016 consolidated revenue in the range of $66 to $70 million.Expect Q2 2016 GAAP-basis net income in the range of $0.07 to $0.11 per diluted share and non-GAAP net income in the range of $0.24 to $0.28 per diluted share.Says FY 2016 revenues expected to be in the range...
Mobile TeleSystems OAO divests Dzhey-Ay-Ar Brodcast Inc. and receives stake in Integralnaya Telekommunikatsionnaya set+
Mobile TeleSystems OAO:Says divests 100 pct stake in Dzhey-Ay-Ar Brodcast Inc.Says directly receives 70 pct stake Integralnaya Telekommunikatsionnaya set+, previously owned 70 pct stake indirectly.
Sprint Corp:Says A U.S. judge signed off a $50 million settlement between the Consumer Financial Protection Bureau and Sprint Corp over claims the mobile carrier added unauthorized charges to customer phone bills - Reuters.Says settlement is part of a broader deal in which Sprint and Verizon...
KongZhong Corp:Announces receipt of a preliminary non-binding proposal to acquire the company.Received proposal letter from leilei wang and idg-accel China growth fund II to acquire shares for $8.56 in cash per ads.Board intends to form a special committee consisting of independent directors to...
Restructuring & Reorganization
No related earnings announcements are currently scheduled within the next 7 days.