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SolarCity Corp (SCTY) Announces Quarter 3 2014 Results, Beat Market Expectations

SolarCity Corp (SCTY) Announces Quarter 3 2014 Results, Beat Market Expectations

SolarCity Corp (NASDAQ:SCTY) reported its third quarter 2014 results with top earning results while missing the revenue estimates for the quarter. The shares of the power company lost nearly 6% in the regular and extended trading sessions. The electric company announced net revenues of $58.3 million during the third quarter 2014 with gross profit of

General Electric Company (GE) Received Approval from French Authorities to Purchase Alstom (ALO.PA)’s Power Unit

Earlier this year, General Electric Company (NYSE:GE) made an offer to purchase a majority stake in Alstom (ALO.PA)’s power business and the same has been given a green light by the French Authorities. The U.S. energy company would acquire majority stake in the renewable, grid and thermal business of Alstom. General Electric Company (NYSE:GE) made a

AT&T Inc. (T) In Trouble With FTC Concerning Speed Cuts And Data Restrictions In Unlimited Data Plans

AT&T Inc. (NYSE:T) is in news following a lawsuit from the Federal Trade Commission over the data carrier’s practice to cut data speed in their unlimited data plans. The FTC called it deceptive and accused the company of misleading millions of Smartphone users with its data plan. The second largest telecom carrier in U.S. is

CBS Corporation (CBS) Decided To Start Video-on-Demand and Online Streaming Services

Just one day after Time Warner Inc (NYSE:TWX)’s HBO announced online video streaming starting in 2015, CBS Corporation (NYSE:CBS) came up with its video-on-demand and online streaming services. More and more cable TV providers entering the online streaming services is likely to heat up the industry for existing players like Netflix, Inc. (NASDAQ:NFLX). According to

T-Mobile US Inc (TMUS) and Sprint Corporation (S) Target Lower-End Subscribers to Boost Postpaid Connections

According to the latest reports from UBS, T-Mobile US Inc (NYSE:TMUS) and Sprint Corporation (NYSE:S) are reaching out to the lower-credit customers to boost their postpaid subscriber pool. The report highlighted another astonishing fact for the saturated U.S. telecom industry stating that the four major U.S. carriers are likely to add up to 4.3 million

Iliad SA (ILD) Abandoned Bid For T-Mobile US Inc (TMUS) After Sprint Corporation (S)

It is the second time that a potential acquirer has deserted its pursuit of T-Mobile US Inc (NYSE:TMUS), as Iliad SA (EPA:ILD) withdraws its offer to acquire the telephone maker. This is the second company after Sprint Corporation (NYSE:S) to abandon its acquisition of the fourth-largest mobile carrier in the U.S. Earlier, Deutsche Telekom AG

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