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Use Options For a Chance To Buy AHT at a 16% Discount

2014-08-06 22:46:59| Jewelry - Topix.net

Inc priced a 7,500,000 share secondary stock offering at $10.70 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Wednesday, the stock is now 8.1% above the offering price.

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Most Active Options Update: United States Steel Corporation

2014-08-06 20:03:36| Steel - Topix.net

So far today, put volume on United States Steel Corporation is running at a 29% mark-up to the average intraday volume.

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Agree To Buy AutoZone At $430, Earn 3.9% Using Options

2014-08-06 11:47:36| Auto Parts - Topix.net

One interesting put contract in particular, is the January 2016 put at the $430 strike, which has a bid at the time of this writing of $16.80.

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Telecom Italia H1 sales continue lower, eyes Brazil options

2014-08-06 09:30:00| Telecompaper Headlines

(Telecompaper) Telecom Italia reported first-half revenues down 11.2 percent to EUR 10.55 billion, hurt by divestments and continued weakness in its home market. EBITDA dropped 7.6 percent to EUR 4.345 billion, while the margin improved to 41.2 percent from 39.5 a year ago. On an organic basis, excluding currency effects and changes in scope, revenues fell 6.5 percent and EBITDA was down 5.6 percent. The Italian operator's net result improved to EUR 543 million profit from a loss of EUR 1.407 billion a year ago when the company wrote down the value of some assets. Capex fell slightly to EUR 1.707 billion or 16.2 percent of revenue. Net debt was down by EUR 171 million in the second quarter to EUR 27.358 billion at the end of June. The company said results were in line with its mid-term outlook and the Italian market is expected to contract less this year than in 2013. Profitability will be under pressure in the near term from the ongoing shift to bundled plans, as well as competition and price pressure on the fixed market. Telecom Italia also acknowledged indirectly Telefonica's proposed bid for GVT in Brazil and said it continues to evaluate strategic options for its own activities in Brazil. 

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Telecom Italia weighs Brazil options as 1H revenue slides

2014-08-06 02:00:00| Total Telecom industry news

Operator swings to 1H profit but sluggish domestic economy, LatAm slowdown weighs on results.

Tags: options italia brazil revenue

 

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