NTS, Inc. (NYSEMKT:NTS) entered into an Amendment (the “Amendment”) to that certain Agreement and Plan of Merger dated October 20, 2013 (as so amended, the “Merger Agreement”) by and among the Company, T3 North Intermediate Holdings, LLC a Nevada limited liability company (“Holdings”), and North Merger Sub, Inc., a Nevada corporation and a wholly-owned subsidiary of Holdings (“Merger Sub”). The Amendment extends the Expiration Date (as defined in the Merger Agreement) to May 19, 2014. NTS Inc (NYSEMKT:NTS) shares after opening at $1.96 moved to $1.98 on last trade day and at the end of the day closed at $1.98 . Company price to sales ratio in past twelve months was calculated as 1.44 and price to cash ratio as 17.20. NTS Inc (NYSEMKT:NTS) showed a positive weekly performance of 1.54%.
NYU WIRELESS and Straight Path Spectrum, Inc., (NYSEMKT:STRP)a wholly owned subsidiary of Straight Path Communications Inc. (NYSE MKT:STRP), announced that Straight Path is joining the New York University-based research center as an affiliate sponsor and advisory board member. Straight Path Communications Inc (NYSEMKT:STRP) shares advanced 3.13% in last trading session and ended the day on $7.24 . Straight Path Communications Inc (NYSEMKT:STRP) return on equity ratio is recorded as -25.60% and its return on assets is -20.20%.
Telecom Argentina S.A. (ADR) (NYSE:TEO) one of the leading telecommunications groups in Argentina, announced that it has submitted its 2013 Annual Report on Form 20-F to the Securities and Exchange Commission (“SEC”), that include the corresponding audited financial statements under International Financial Reporting Standards (“IFRS”) as of and for the year ended December 31, 2013. Telecom Argentina S.A. (ADR) (NYSE:TEO) shares moved up 1.12% in last trading session and was closed at $20.82 while trading in range of $20.54 – $20.97 – Telecom Argentina S.A. (ADR) (NYSE:TEO) year to date (YTD) performance is 20.77%.
Lumos Networks Corp. (Nasdaq:LMOS), a fiber-based service provider of data, voice and IP-based telecommunication services in the Mid-Atlantic region, announced the selection of Cisco Systems, Inc. (“Cisco”) as its exclusive supplier of mission critical equipment for Project Ark, its new state of the art broadband MPLS/IP fiber network designed primarily to handle Fiber to the Cell site (“FTTC”) traffic within the Company’s network. Lumos Networks Corp (NASDAQ:LMOS) weekly performance is 8.62%. On last trading day company shares ended up $13.73. Lumos Networks Corp (NASDAQ:LMOS) distance from 50-day simple moving average (SMA50) is 0.03%. Analysts mean target price for the company is $20.13.