SFX Entertainment, Inc. (NASDAQ: SFXE) and T-Mobile US, Inc. (NYSE:TMUS) said they have extended their marketing alignment with an 18-month program focused on building a deep cultural connection with the millennial audience through investments in festivals, media and custom events. T-Mobile US Inc. (NYSE:TMUS) net profit margin is -0.80% and weekly performance is -2.55%. On last trading day company shares ended up $32.91. Analysts mean target price for the company is $35.97. T-Mobile US Inc. (NYSE:TMUS) distance from 50-day simple moving average (SMA50) is 2.50%.
Verizon Communications Inc. (NYSE:VZ) and Netflix have been feuding in recent weeks over which company is to blame for slow streaming speeds. Now, government regulators are stepping in to figure out who’s really at fault. Verizon Communications Inc. (NYSE:VZ) shares advanced 0.29% in last trading session and ended the day on $49.18. VZ gross Margin is 63.00% and its return on assets is 5.40%.Verizon Communications Inc. (NYSE:VZ) quarterly performance is 7.92%.
Vale SA (NASDAQ:VALE) was downgraded by equities research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. They currently have a $15.20 price target on the stock. Morgan Stanley’s price objective indicates a potential upside of 19.59% from the stock’s previous close. Vale SA (ADR) (NYSE:VALE) shares moved up 0.79% in last trading session and was closed at $12.81, while trading in range of $12.70 – $12.83. Vale SA (ADR) (NYSE:VALE) year to date (YTD) performance is -13.62%.
Millicom International Cellular SA (USA) (OTCMKTS:MIICF), announced on 5 June that it has launched satellite pay-TV services in two more countries, Costa Rica and Honduras, in the past week. These follow the first two services in Bolivia and El Salvador, which began operations in April and May this year. Millicom International Cellular SA (USA) (OTCMKTS:MIICF) ended the last trading day at $93.40.
Swisscom AG (ADR) (OTCMKTS:SCMWY) and Tamedia on 28 may have agreed to set up a directories joint venture. Following Swisscom’s takeover bid for PubliGroupe, it and Tamedia bring the companies local.ch and search.ch into venture of which Swisscom will own 69 percent while Tamedia AG will hold the remaining 31 percent. They want to work together to develop their directory business into a strong Swiss alternative to Google. On last trading day company shares ended up $59.09.