FCC, Financial Markets

Spirit Again Delays Shareholder Vote on Frontier Deal After JetBlue Sweetens Bid

Robins Kaplan LLP on 7/1/2022

The flurry of recent bid-sweetening activity from Frontier and JetBlue has prompted Spirit Airlines to delay today’s planned shareholder vote on the Spirit/Frontier mashup. Spirit stakeholders will now vote on the deal on...more

Strong Q4 Boosts Annual U.S. GDP to Highest Mark Since 1984

Robins Kaplan LLP on 1/31/2022

Stronger-than-expected GDP figures for the 4th Quarter and 2021 on the whole was welcome good economic news for the U.S. on Thursday after weeks of volatility and renewed supply-chain issues. Q4 growth clocked in at 1.7%,...more

Financial Daily Dose 2.10.2021 | Top Story: U.S. Drops Plans to Force TikTok Sale to Oracle and Walmart

Robins Kaplan LLP on 2/10/2021

After months of drama that we dutifully catalogued right here, the U.S. plan to “force the sale of TikTok’s American operations” to Oracle and Walmart “has been shelved indefinitely.” The forced sale has “languished since...more

Financial Daily Dose 11.25.2020 | Top Story: Dow Jones Hits 30,000 Mark

Robins Kaplan LLP on 11/25/2020

The official transition to a new administration and early Cabinet selections helped drive Wall Street to new highs on Tuesday, with the Dow topping 30,000 for the first time and the S&P 500 up 1.6% to another new high, too....more

Financial Daily Dose 7.1.2020 | Top Story: Airbus to Cut 15,000 Jobs in Effort to Weather Pandemic-induced Drop in Air Travel

Robins Kaplan LLP on 7/2/2020

French aircraft giant Airbus is cutting 15,000 jobs—the “largest downsizing in the company’s history”—as it prepares for a “lasting decline” in airline demand in the wake of the coronavirus pandemic....more

Financial Daily Dose 3.2.2020 | Top Story: Activist Elliott Mgmt Amasses Stake in Twitter and Takes Aim at CEO Jack Dorsey

Robins Kaplan LLP on 3/2/2020

Paul Singer and the Elliott Mgmt crew have a new target in their sights: Twitter’s founder and CEO, Jack Dorsey. Singer’s Elliott fund has amassed a “significant stake” in the company—perhaps as much as a billion—and is...more

Financial Daily Dose 10.17.2019 | Top Story: GM and UAW Reach Tentative Deal to End Month-long Strike

Robins Kaplan LLP on 10/17/2019

Good news out of Detroit late yesterday, with officials from General Motors and the United Autoworkers Union striking a “tentative agreement on a new labor contract that could end the monthlong strike that has idled G.M....more

Financial Daily Dose 8.15.2019 | Top Story: Inverted Yield Curve and Trade-War Worries Send Markets Into Freefall

Robins Kaplan LLP on 8/15/2019

Wall Street’s post-tariff-delay jubilance was short lived, as an inverted bond yield curve reared its ugly head yesterday, sending shares plummeting on a brutal day across all markets....more

Financial Daily Dose 5.21.2019 | Top Story: FCC Approves T-Mobile/Sprint Merger

Robins Kaplan LLP on 5/21/2019

FCC Chair Ajit Pai gave his agency’s stamp of approval to the pending $26 billion T-Mobile/Sprint merger on Monday, helping move the deal towards completion based on pledges from the companies to develop “a robust 5G network...more

Your Daily Dose of Financial News

Robins Kaplan LLP on 11/8/2018

Wall Street apparently views a divided Congress as a good thing (think less chance of tighter regulation), and it celebrated by pushing the Dow up 500 points and jumping back into tech stocks....more

Your Daily Dose of Financial News

Robins Kaplan LLP on 1/10/2018

AT&T has dropped plans to sell the Mate 10—the newest smartphone from China’s Huawei Technologies—just before the partnership was to be announced. AT&T gave no reasons for its abrupt reversal, but lawmakers have recently...more

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