Investors Buzz: Bank of America Corp, DISH Network Corp, MetroPCS Communications, Las Vegas Sands Corp
NEW YORK, April 15, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Bank of America Corp, DISH Network Corp, MetroPCS Communications, Las Vegas Sands Corp.
Bank of America Corp(NYSE:BAC) shares climbed 0.58% to $12.24. The company, on April 10, reported
that the bank was resolved to keep printing money for as long as needed to achieve 2 percent inflation, signalling his readiness to offer further stimulus or maintain an ultra-easy policy beyond two years if meeting the target by then
proves difficult.
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Additionally, Evercore Partners reported on April 8 that it has increased its price target on financial services company, Bank of America Corp (BAC). The firm has reiterated an “Overweight” rating on BAC, and has
increased its price target from $13 to $14.
DISH Network Corp.(NASDAQ:DISH) shares decreased 6.32% to $35.25. The company on April 15, offered to buy Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could thwart the proposed acquisition of
Sprint by Japan's SoftBank Corp.
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Dish's bid is the latest development in a shakeup of the U.S. wireless business, which is undergoing a wave of consolidation. Dish was already in the midst of an unsolicited offer for Clearwire Corp, the wireless company majority-owned by Sprint.
The company said it would pay $4.76 per share in cash and about 0.05953 shares in Dish stock for each Sprint share. The offer, which works out to $7.00 per share, represents a premium of roughly 12 percent to
Sprint's close on Friday.
MetroPCS Communications Inc (NYSE:PCS) shares fell 4.34% to $11.02. The company, on April 15, amended the terms for its proposed merger with Deutsche Telekom unit T-Mobile USA, and asked shareholders to vote for the deal. The move follows Deutsche Telekom sweetening its offer last Wednesday, bowing to pressure from activists and proxy advisory firms.
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The company, on April 10, announced that it has rescheduled its Special Meeting of stockholders to vote on matters relating to the proposed combination of MetroPCS with T-Mobile USA, Inc. ("T-Mobile") to April 24, 2013 at 8:00 am Central Time, at the Eisemann Center located at 2351 Performance Drive, Richardson, Texas 75082.
Las Vegas Sands Corp.(NYSE:LVS) shares fell 2.30% to $54.67. The company on April 9 reported that it has hired a former Wynn Resorts executive to help direct its global casino marketing activities from its
Singapore property.
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