NII Holdings Inc News
AT&T Picks off Nextel Mexico; Buy the Stock Ahead of 4Q Earnings
At about $33 a share for AT&T, there are plenty of reasons for investors to be patient, especially when the possible headwinds are already priced into the stock.
AT&T Pays $2.5 Billion for Mexico's Third-largest Mobile Carrier
The U.S. telecom has been eyeing moves into Latin America, especially Mexico.
NII Holdings (NIHD) Highlighted As Weak On High Volume
Trade-Ideas LLC identified NII Holdings (NIHD) as a weak on high relative volume candidate
Why NII Holdings (NIHD) Is Down Today
NII Holdings (NIHD) continued to plunge on Monday after news that a class action lawsuit has begun against the telecommunications company. Levi & Korsinsky announced late last week the initiation of a lawsuit on behalf of investors who purchased NII Holdings common stock from the period of Feb. 25, 2010 to Feb. 27, 2014. The lawsuit claims that, during the period, NII Holdings deliberately made false and misleading statements and/or omitted information about the company's business and future prospects. "Specifically, the complaint alleges that NII and NII Capital improperly concealed the company's failing efforts to modernize its telecommunications network and expand its subscriber base, and failed to disclose material adverse information in offering documents it filed with the SEC in connection with the issuance of NII Capital Notes in March and December of 2011," the statement reads.
Stock Market Today: Stocks Lower As Inflation Worries Resurface; JPMorgan CEO Sees Recession
With inflation still sticky, and global headwinds accelerating, JPMorgan CEO Jamie Dimon now sees a greater chance of a U.S. recession.
"Big Short" Michael Burry Makes a Surprising Decision
The renowned investor wants to end a habit that is part of his legend.
Las Vegas Strip-Adjacent Venue Adding Formerly Forbidden Vice
Something that has never been legal -- even in Sin City -- is coming to a major location just off the Las Vegas Strip.