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Sept 3 (Reuters) - Verizon Communications Inc and Vodafone Group Plc agreed to a $1.55 billion breakup fee if their $130 billion deal falls apart. The company terminating the deal will have to pay the other party the fee within five days by wire transfer, Verizon said in a regulatory filin
Read more* Obama to seek congressional authorization for Syria action * Verizon falls in premarket, agrees to a deal with Vodafone * Nokia ADRs soar in premarket on deal with Microsoft * Futures up: Dow 105 pts, S&P 13 pts, Nasdaq 22.75 pts By Ryan Vlastelica NEW YORK, Sept 3
Read more(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s) Sept 3 (Reuters) - Some U.S. stocks to watch on Tuesday: FUTURES SURGE AS POTENTIAL SYRIA ACTION DELAYED U.S. stock index futures jumped on Tuesday aft
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After a positive start, markets had pared gains by midday with sentiment hit by reports of two ballistic 'objects' heading towards the East Mediterranean. Market Analyst Craig Erlam from Alpari said that traders became "instantly risk averse on fears that the US had initiated a military strike with
Read more* Obama to seek congressional authorization for Syria action * Verizon falls in premarket, agrees to deal with Vodafone * Nokia ADRs soar in premarket on deal with Microsoft * Futures up: Dow 105 pts, S&P 14.7 pts, Nasdaq 21 pts By Ryan Vlastelica NEW YORK, Sept 3 (R
Read moreLONDON, Sept 3 (Reuters) - Vodafone's Chief Executive Vittorio Colao said the mobile operator's large competitors would likely follow its example in increasing spending on their networks. "The operators with bigger shoulders will follow us, while the smaller ones or the ones who are more fi
Read moreLONDON, Sept 3 (Reuters) - British mobile company Vodafone said it did not plan to increase capital expenditure beyond a three-year spending boost using some of the proceeds of the $130 billion sale of its stake in Verizon Wireless. "This does not have an impact on the underlying run rate
Read moreMarkets opened with small gains on Tuesday morning with stocks pausing for breath after a strong rise the day before. Stocks surged on Monday as traders took advantage of low volumes - with Wall Street closed for Labour Day - to push the London index up 1.5%. Better-than-expected manufacturing da
Read moreMarkets are expected to open slightly higher on Tuesday morning, extending gains after a strong performance the day before. City sources predict the FTSE 100 will open up 12 points from yesterday's close of 6,506.19. Stocks surged the day before as traders took advantage of low volumes - with W
Read moreLONDON, Sept 3 (Reuters) - Shares in Vodafone opened 1.2 percent down on Tuesday after Verizon Communications agreed to pay $130 billion to buy the British company out of its U.S. wireless business, Verizon Wireless. Vodafone shares fell to 209.5 pence, valuing the company at around 101 bi
Read more* Verizon to buy Vodafone's 45 pct of Verizon Wireless * Ends decade-long standoff between both companies * Vodafone to return 71 percent, or $84 billion, to shareholders * Will be third-largest announced deal of all-time By Kate Holton and Sinead Carew LONDON/SAN DI
Read moreBy Sinead Carew and Soyoung Kim Sept 2 (Reuters) - In the end, all it took was a workout session in the gym followed by conversation over breakfast at San Francisco's Four Seasons hotel for Verizon Communications Inc's Lowell McAdam and Vodafone Group Plc's Vittorio Colao to bridge a $30 b
Read more* Verizon to buy Vodafone's 45 pct of Verizon Wireless * Ends decade-long standoff between both companies * Vodafone to return 71 percent, or $84 billion, to shareholders * Will be third-largest announced deal of all-time By Kate Holton and Sinead Carew LONDON/SAN DI
Read more- Vodafone sells 45 per cent Verizon Wireless stake - Transaction structured in stock, cash and other elements - Shareholders will receive 71 per cent of net proceeds, mostly in shares - 2014 dividend to increase by 8 per cent to 11p - Vodafone to accelerate Vodafone 2015 strategy Vodafone group h
Read more* Verizon to buy Vodafone's 45 pct of Verizon Wireless * Ends decade-long stand-off between both companies * Vodafone to return 71 percent, $84 bln, to shareholders * Will be third-largest deal of all time By Kate Holton and Sinead Carew LONDON/SAN DIEGO, Sept 2 (Reu
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