
Wall Street Breakfast Editors submit: Top Stories Cisco shares slump after downbeat forecast. Cisco's ( CSCO ) FQ3 earnings grew in line with forecasts, but shares were -8.8% premarket after the company provided FQ4 guidance that was below consensus. While FQ3 EPS rose to $0.48 from $0.42 and ...
Morgan Stanley ( MS ) steps out as a large stakeholder in KPN ( KKPNY .PK ) after a regulatory filing with Dutch regulator AFM tips off a 10.01% ownership stake. The firm made its move just three
Wall Street Breakfast Editors submit: Top Stories GSK goes hostile on $2.6B Human Genome bid. GlaxoSmithKline ( GSK ) will this week take its $13-a-share offer for Human Genome Sciences ( HGSI ) directly to the latter's stockholders after the U.S. company rebuffed the U.K. giant's proposal. The ...
By Dutch Trader : KPN (( KKPNY .PK)) is the leading telecommunications and IT service provider in The Netherlands, offering wireline and wireless telephony
Carlos Slim makes first big foray into Europe. Carlos Slim's America Movil ( AMX ) intends to increase its stake in KPN ( KKPNY .PK ) to 28% from 4.8% by offering to buy shares for €8 each, which represents a premium of 23% to the Dutch telecom carrier
richest man is offering €2.6 billion euro, $3.4 billion, to increase Movil's current 4.8% holding in Royal KPN NV ( KKPNY .PK ) to a 28% stake in Holland's largest carrier, making this his biggest investment outside Latin America. Slim is obviously
America Movil AMX has announced a partial tender offer for KPN KKPNY . We think this is an interesting deal. America Movil has completed the consolidation of its Latin American operations and is
Carlos Slim's America Movil ( AMX ) intends to make its first big push into Europe with a plan to increase its stake in KPN ( KKPNY .PK ) to 28% from 4.8%. America Movil is offering €8/share, which represents a premium of 23% to the Dutch telecom
KPN KKPNY reported mixed first-quarter results, but we are maintaining our fair value estimate for now. Revenues declined 1.4% year
We are putting KPN KKPNY under review. The firm reported 2011 results that were in line with our expectations but cut its projections for 2012. We expect