Telefonica (TEF) and NII Holdings (NASDAQ: NIHD) have signed agreements whereby Telefonica will provide NII's subsidiaries, operating under the Nextel brand in Brazil and Mexico, nationwide voice and data coverage services on Telefonica's 3G wireless networks. When implemented, the agreements will expand the areas in which Nextel customers using 3G services in Brazil and Mexico can access voice and data services, supporting NII's growth strategy. Both companies will work closely to implement the agreements as soon as possible. Telefonica and NII's subsidiaries will continue to manage their spectrum and network assets separately to provide competing services.
Elliott Management Corporation, which owns 6.2% of the common stock of Juniper Networks, Inc. (NYSE: JNPR), filed a Schedule 13D and released a presentation Monday entitled "Juniper Networks: Elliott Management's Perspectives," available at
. "Juniper's new CEO along with its existing management team and Board have a unique opportunity to immediately unlock significant value at the Company through three straightforward and much-requested courses of action," said
, Portfolio Manager at Elliott. "Investors and Street analysts have been calling for Juniper to implement these value-creation initiatives for years, and we believe the three-pronged approach laid out in today's presentation would be very well received."
ClickSoftware Technologies Ltd. (NASDAQ: CKSW), the leading provider of automated workforce management and optimization solutions for the service industry, announced that it expects record revenues of approximately
in the fourth quarter of 2013, exceeding its guidance of
$26 to $28 million
. For the full year 2013 revenues are expected to reach approximately
. Based on preliminary estimates of operating costs it is also expected that profitability will be achieved in fourth quarter of 2013. Cash, cash-equivalents, short and long-term investments continued to grow, increasing by about
during the fourth quarter, reaching about
December 31, 2013
is leading provider of third party publishing &
news dissemination services
. If you would like more information regarding our news coverage solutions, please visit
for more details. Get an edge on the market with our
Premium News Alerts
that are FREE for a limited time at
. Follow us on Facebook:
Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454.
(SMS alerts are free, however data rates may apply, check your wireless plan for details.)
DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.
The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.
All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.