NII Holdings Cmn (NIHD) 3.01 $NIHD
Telecom Stocks' Q2 Earnings Coming Up: NIHD, UTSI & More
Zacks Equity Research - Zacks Investment Research - Thu Aug 11, 7:07AM CDT
With the current reporting cycle drawing to an end, overall earnings growth remains elusive.
SITO: 5.15 (unch), PRKR: 4.78 (+0.09), UTSI: 2.09 (-0.01), NIHD: 3.01 (+0.08)
NII Holdings Reports Second Quarter 2016 Results
PR Newswire - Thu Aug 11, 6:00AM CDT
NII Holdings, Inc. (NASDAQ: NIHD) today announced its financial results for the second quarter of 2016. For the quarter, the Company generated consolidated operating revenues of $249 million, consolidated adjusted operating income before depreciation and amortization (adjusted OIBDA) of $14 million and a consolidated operating loss of $29 million. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. Capital expenditures were $4 million for the quarter. The Company ended the quarter with $429 million in consolidated cash and short-term investments and $208 million of cash held in escrow. The Company reported net subscriber losses of 179,000 in the quarter, which were primarily driven by continued subscriber losses on the Company's iDEN network.
NIHD: 3.01 (+0.08)
NII reports 1Q loss
Automated Insights - Tue May 10, 6:39AM CDT
RESTON, Va. (AP) _ NII Holdings Inc. (NIHD) on Tuesday reported a loss of $36.6 million in its first quarter.
NIHD: 3.01 (+0.08)
NII Holdings Announces 2016 First Quarter Results
PR Newswire - Tue May 10, 6:00AM CDT
NII Holdings, Inc. (NASDAQ: NIHD) today announced its financial results for the first quarter of 2016. For the quarter, the Company generated consolidated operating revenues of $227 million, an adjusted OIBDA loss of $8 million and an operating loss of $54 million. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. Capital expenditures were $8 million for the quarter. The Company ended the quarter with $368 million in consolidated cash and short-term investments and $227 million of cash held in escrow. The Company reported net subscriber losses of 273,000 in the quarter, which were mostly the result of the more difficult competitive and economic environments in Brazil.
NIHD: 3.01 (+0.08)
Labaton Sucharow Recovers $41.5 Million in Securities Class Action Against Multinational Communications Co. Executives
GlobeNewswire - Tue Apr 19, 9:21AM CDT
Labaton Sucharow LLP announced today that the Firm achieved a $41.5 million settlement, subject to court approval, in a securities class action on behalf of the Pension Trust Fund for Operating Engineers Pension Plan and the International Brotherhood of Electrical Workers (IBEW) Local No. 58/Southeastern Michigan Chapter National Electrical Contractors Association (SMC NECA) Benefit Funds in In re NII Holdings, Inc. Securities Litigation, against certain former executives of NII Holdings, Inc. (NII). NII is a telecommunications company that, through its subsidiaries, operates wireless voice and data networks in Latin America under the Nextel brand.
NIHD: 3.01 (+0.08)
Revlon Names Juan Figuereo as its Chief Financial Officer
BusinessWire - Tue Apr 12, 8:00AM CDT
Revlon, Inc. (NYSE:REV) announced today that its Board of Directors elected Juan R. Figuereo as Executive Vice President and Chief Financial Officer, effective immediately.
REV: 36.09 (+0.37), NWL: 53.57 (+0.35), COT: 16.38 (+0.38), NIHD: 3.01 (+0.08)
The Zacks Analyst Blog Highlights: GAMCO Investors, Companhia Siderurgica Nacional, NII Holdings, OCI Partners and James Hardie Industries
Zacks Equity Research - Zacks Investment Research - Fri Apr 08, 8:30AM CDT
The Zacks Analyst Blog Highlights: GAMCO Investors, Companhia Siderurgica Nacional, NII Holdings, OCI Partners and James Hardie Industries
SID: 2.91 (+0.24), OCIP: 5.78 (-0.01), GBL: 30.79 (+0.47), JHX: 16.35 (-0.16), NIHD: 3.01 (+0.08)
5 Stocks Brokers Have Given Up On: Why You Should Not
Zacks Equity Research - Zacks Investment Research - Thu Apr 07, 10:08AM CDT
Though these five stocks have fallen out of favor at the moment, their impressive fundamentals hold considerable promise.
SID: 2.91 (+0.24), OCIP: 5.78 (-0.01), GBL: 30.79 (+0.47), JHX: 16.35 (-0.16), NIHD: 3.01 (+0.08)
How NII Holdings (NIHD) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Tue Apr 05, 7:42AM CDT
NII Holdings (NIHD) looks like an interesting choice for investors, as it is seeing solid estimate revisions and belongs to a great industry
NIHD: 3.01 (+0.08)
NII Holdings Announces Completion of Sale of Nextel Argentina
PR Newswire - Thu Jan 28, 8:50AM CST
NII Holdings, Inc. (NASDAQ: NIHD) today announced it has completed the previously announced sale of its Argentine operations transferring the remaining 51% of its ownership interest to subsidiaries of Grupo Clarin. In connection with the sale, NII previously received $178 million of aggregate net proceeds, including $6 million of cash placed in escrow to secure specified indemnity obligations.
NIHD: 3.01 (+0.08)
Technology Sector Equities Under Review -- Blucora, NII Holdings, Internap, and Ultratech
ACCESSWIRE - Wed Dec 30, 7:01AM CST
NEW YORK, NY / ACCESSWIRE / December 30, 2015 / Park Lane Advisor has initiated coverage on the following equities: Blucora Inc. (NASDAQ: BCOR), NII Holdings Inc. (NASDAQ: NIHD), Internap Corporation (NASDAQ: INAP), and Ultratech Inc. (NASDAQ: UTEK). Free research report on Blucora can be accessed at http://www.parklaneadvisor.com/ On Tuesday, December 29, 2015, the NASDAQ Composite ended at 5,107.94, up 1.33%, the Dow Jones Industrial Average advanced 1.10%, to finish the day at 17,720.98, and the S&P 500 closed at 2,078.36, up 1.06%. The gains were broad based as eight out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
INAP: 2.39 (+0.08), BCOR: 10.72 (+0.26), UTEK: 24.99 (+0.06), NIHD: 3.01 (+0.08)
Technology Sector Equities under Review - Oclaro, Xcerra, Ultratech, and NII Holdings
ACCESSWIRE - Tue Dec 15, 8:20AM CST
NEW YORK, NY / ACCESSWIRE / December 15, 2015 / Park Lane Advisor has initiated coverage on the following equities: Oclaro Inc. (NASDAQ: OCLR), Xcerra Corporation (NASDAQ: XCRA), Ultratech Inc. (NASDAQ:UTEK), and NII Holdings Inc. (NASDAQ: NIHD). Free research report on Oclaro can be accessed at https://www.ParkLaneAdvisor.com/OCLR.pdf On Monday, December 14, 2015, the NASDAQ Composite ended at 4,952.23, up 0.38%, the Dow Jones Industrial Average advanced 0.60%, to finish the day at 17,368.50, and the S&P 500 closed at 2,021.94, up 0.48%. The gains were broad based as seven out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
NIHD: 3.01 (+0.08), UTEK: 24.99 (+0.06), XCRA: 5.83 (+0.36), OCLR: 8.39 (+0.26)
NII Holdings Announces Third Quarter 2015 Results
PR Newswire - Thu Nov 05, 7:00AM CST
NII Holdings, Inc. (NASDAQ: NIHD) today announced its financial results for the third quarter of 2015. The Company reported 27,000 net subscriber additions for the quarter as it continued to gain traction on its 3G platform. The Company ended the quarter with 4.5 million total subscribers, a four percent increase from a year ago. For the quarter, the Company generated consolidated operating revenues of $285 million, a consolidated adjusted OIBDA loss of $25 million and a consolidated operating loss of $78 million. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. Capital expenditures were $48 million for the quarter. The Company ended the quarter with $448 million in consolidated cash and short-term investments and $277 million of restricted cash. The Company's results in Argentina for the current and prior periods are presented as discontinued operations resulting from the strategic partnership formed on September 11, 2015 in which Grupo Clarin acquired 49% of the equity of Nextel Argentina and a call option for the remaining 51% of the equity for $178 million.
NIHD: 3.01 (+0.08)
NII Announces Strategic Alliance With Grupo Clarin In Argentina
PR Newswire - Mon Sep 14, 3:00PM CDT
NII Holdings, Inc. (NASDAQ: NIHD) today announced a strategic alliance with Grupo Clarin in Argentina. In connection with the transaction, Grupo Clarin acquired a 49% equity interest in Nextel Argentina and an option to acquire the remaining 51% equity interest in Nextel Argentina upon receipt of approvals from the regulatory authorities in Argentina for total consideration of $178 million, of which $159 million was paid up front -- with the remaining amount due within 30 days. The net proceeds received from the transaction will be used to provide additional liquidity to support NII's operations in Brazil.
NIHD: 3.01 (+0.08)
NII Holdings names president of Nextel Brazil
M2 - Tue Aug 25, 7:22AM CDT
NII Holdings, Inc. (NASDAQ: NIHD) said that Francisco Tosta Valim Filho has been appointed as President, Nextel Brazil, effective August 25, 2015.
NIHD: 3.01 (+0.08)
NII Holdings Announces New President of Nextel Brazil and Appointment of Board Member
PR Newswire - Mon Aug 24, 3:01PM CDT
NII Holdings, Inc. (NASDAQ: NIHD), a provider of differentiated mobile communication services operating under the Nextel brand in Brazil and Argentina, announced today that Francisco Tosta Valim Filho has been appointed as President, Nextel Brazil, effective August 25, 2015. Mr. Valim will be employed by Nextel Telecomunicacoes Ltda., the Company's Brazilian operating subsidiary, and will report directly to NII's Chief Executive Officer, Steve Shindler. Mr. Valim will be responsible for leading the Company's day-to-day operations in Brazil. He replaces Gokul Hemmady, who has served as President, Nextel Brazil since 2013.
NIHD: 3.01 (+0.08)
NII Holdings reports Q2 subscriber loss
M2 - Mon Aug 10, 6:54AM CDT
NII Holdings, Inc. (NASDAQ: NIHD) said it reported a net loss of 64,000 subscribers in its second quarter 2015, as iDEN subscriber losses in Brazil and Argentina exceeded 3G net additions in Brazil.
NIHD: 3.01 (+0.08)
NII Holdings Announces Second Quarter 2015 Results
PR Newswire - Fri Aug 07, 3:05PM CDT
NII Holdings, Inc. (NASDAQ: NIHD) today announced its consolidated financial results for the second quarter of 2015. The Company reported a net loss of 64,000 subscribers for the quarter as iDEN subscriber losses in Brazil and Argentina exceeded 3G net additions in Brazil. The Company ended the quarter with 6.3 million total subscribers, a 2 percent increase from a year ago. For the quarter, the Company generated consolidated operating revenues of $421 million, a consolidated adjusted OIBDA loss of $75 million, and a consolidated operating loss of $179 million. Capital expenditures were $58 million for the quarter. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. The Company ended the quarter with $672 million in consolidated cash, cash equivalents and short-term investments. The Company's results for the second quarter of 2015 exclude the Company's operations in Mexico that were sold to AT&T on April 30, 2015 and reflect the implementation of fresh start accounting in connection with its emergence from bankruptcy on June 26, 2015.
NIHD: 3.01 (+0.08)
Bankruptcy Court Confirms NII Holdings Plan of Reorganization
PR Newswire - Fri Jun 19, 3:34PM CDT
NII Holdings, Inc. (OTC: NIHDQ) (the "Company"
today announced that the United States Bankruptcy Court for the Southern District of New York has entered an order confirming the Plan of Reorganization (the "Plan" relating to the Company and certain of its wholly-owned subsidiaries that previously sought Chapter 11 protection.
NIHD: 3.01 (+0.08)
Telecom Stocks' Q2 Earnings Coming Up: NIHD, UTSI & More
Zacks Equity Research - Zacks Investment Research - Thu Aug 11, 7:07AM CDT
With the current reporting cycle drawing to an end, overall earnings growth remains elusive.
SITO: 5.15 (unch), PRKR: 4.78 (+0.09), UTSI: 2.09 (-0.01), NIHD: 3.01 (+0.08)
NII Holdings Reports Second Quarter 2016 Results
PR Newswire - Thu Aug 11, 6:00AM CDT
NII Holdings, Inc. (NASDAQ: NIHD) today announced its financial results for the second quarter of 2016. For the quarter, the Company generated consolidated operating revenues of $249 million, consolidated adjusted operating income before depreciation and amortization (adjusted OIBDA) of $14 million and a consolidated operating loss of $29 million. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. Capital expenditures were $4 million for the quarter. The Company ended the quarter with $429 million in consolidated cash and short-term investments and $208 million of cash held in escrow. The Company reported net subscriber losses of 179,000 in the quarter, which were primarily driven by continued subscriber losses on the Company's iDEN network.
NIHD: 3.01 (+0.08)
NII reports 1Q loss
Automated Insights - Tue May 10, 6:39AM CDT
RESTON, Va. (AP) _ NII Holdings Inc. (NIHD) on Tuesday reported a loss of $36.6 million in its first quarter.
NIHD: 3.01 (+0.08)
NII Holdings Announces 2016 First Quarter Results
PR Newswire - Tue May 10, 6:00AM CDT
NII Holdings, Inc. (NASDAQ: NIHD) today announced its financial results for the first quarter of 2016. For the quarter, the Company generated consolidated operating revenues of $227 million, an adjusted OIBDA loss of $8 million and an operating loss of $54 million. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. Capital expenditures were $8 million for the quarter. The Company ended the quarter with $368 million in consolidated cash and short-term investments and $227 million of cash held in escrow. The Company reported net subscriber losses of 273,000 in the quarter, which were mostly the result of the more difficult competitive and economic environments in Brazil.
NIHD: 3.01 (+0.08)
Labaton Sucharow Recovers $41.5 Million in Securities Class Action Against Multinational Communications Co. Executives
GlobeNewswire - Tue Apr 19, 9:21AM CDT
Labaton Sucharow LLP announced today that the Firm achieved a $41.5 million settlement, subject to court approval, in a securities class action on behalf of the Pension Trust Fund for Operating Engineers Pension Plan and the International Brotherhood of Electrical Workers (IBEW) Local No. 58/Southeastern Michigan Chapter National Electrical Contractors Association (SMC NECA) Benefit Funds in In re NII Holdings, Inc. Securities Litigation, against certain former executives of NII Holdings, Inc. (NII). NII is a telecommunications company that, through its subsidiaries, operates wireless voice and data networks in Latin America under the Nextel brand.
NIHD: 3.01 (+0.08)
Revlon Names Juan Figuereo as its Chief Financial Officer
BusinessWire - Tue Apr 12, 8:00AM CDT
Revlon, Inc. (NYSE:REV) announced today that its Board of Directors elected Juan R. Figuereo as Executive Vice President and Chief Financial Officer, effective immediately.
REV: 36.09 (+0.37), NWL: 53.57 (+0.35), COT: 16.38 (+0.38), NIHD: 3.01 (+0.08)
The Zacks Analyst Blog Highlights: GAMCO Investors, Companhia Siderurgica Nacional, NII Holdings, OCI Partners and James Hardie Industries
Zacks Equity Research - Zacks Investment Research - Fri Apr 08, 8:30AM CDT
The Zacks Analyst Blog Highlights: GAMCO Investors, Companhia Siderurgica Nacional, NII Holdings, OCI Partners and James Hardie Industries
SID: 2.91 (+0.24), OCIP: 5.78 (-0.01), GBL: 30.79 (+0.47), JHX: 16.35 (-0.16), NIHD: 3.01 (+0.08)
5 Stocks Brokers Have Given Up On: Why You Should Not
Zacks Equity Research - Zacks Investment Research - Thu Apr 07, 10:08AM CDT
Though these five stocks have fallen out of favor at the moment, their impressive fundamentals hold considerable promise.
SID: 2.91 (+0.24), OCIP: 5.78 (-0.01), GBL: 30.79 (+0.47), JHX: 16.35 (-0.16), NIHD: 3.01 (+0.08)
How NII Holdings (NIHD) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Tue Apr 05, 7:42AM CDT
NII Holdings (NIHD) looks like an interesting choice for investors, as it is seeing solid estimate revisions and belongs to a great industry
NIHD: 3.01 (+0.08)
NII Holdings Announces Completion of Sale of Nextel Argentina
PR Newswire - Thu Jan 28, 8:50AM CST
NII Holdings, Inc. (NASDAQ: NIHD) today announced it has completed the previously announced sale of its Argentine operations transferring the remaining 51% of its ownership interest to subsidiaries of Grupo Clarin. In connection with the sale, NII previously received $178 million of aggregate net proceeds, including $6 million of cash placed in escrow to secure specified indemnity obligations.
NIHD: 3.01 (+0.08)
Technology Sector Equities Under Review -- Blucora, NII Holdings, Internap, and Ultratech
ACCESSWIRE - Wed Dec 30, 7:01AM CST
NEW YORK, NY / ACCESSWIRE / December 30, 2015 / Park Lane Advisor has initiated coverage on the following equities: Blucora Inc. (NASDAQ: BCOR), NII Holdings Inc. (NASDAQ: NIHD), Internap Corporation (NASDAQ: INAP), and Ultratech Inc. (NASDAQ: UTEK). Free research report on Blucora can be accessed at http://www.parklaneadvisor.com/ On Tuesday, December 29, 2015, the NASDAQ Composite ended at 5,107.94, up 1.33%, the Dow Jones Industrial Average advanced 1.10%, to finish the day at 17,720.98, and the S&P 500 closed at 2,078.36, up 1.06%. The gains were broad based as eight out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
INAP: 2.39 (+0.08), BCOR: 10.72 (+0.26), UTEK: 24.99 (+0.06), NIHD: 3.01 (+0.08)
Technology Sector Equities under Review - Oclaro, Xcerra, Ultratech, and NII Holdings
ACCESSWIRE - Tue Dec 15, 8:20AM CST
NEW YORK, NY / ACCESSWIRE / December 15, 2015 / Park Lane Advisor has initiated coverage on the following equities: Oclaro Inc. (NASDAQ: OCLR), Xcerra Corporation (NASDAQ: XCRA), Ultratech Inc. (NASDAQ:UTEK), and NII Holdings Inc. (NASDAQ: NIHD). Free research report on Oclaro can be accessed at https://www.ParkLaneAdvisor.com/OCLR.pdf On Monday, December 14, 2015, the NASDAQ Composite ended at 4,952.23, up 0.38%, the Dow Jones Industrial Average advanced 0.60%, to finish the day at 17,368.50, and the S&P 500 closed at 2,021.94, up 0.48%. The gains were broad based as seven out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
NIHD: 3.01 (+0.08), UTEK: 24.99 (+0.06), XCRA: 5.83 (+0.36), OCLR: 8.39 (+0.26)
NII Holdings Announces Third Quarter 2015 Results
PR Newswire - Thu Nov 05, 7:00AM CST
NII Holdings, Inc. (NASDAQ: NIHD) today announced its financial results for the third quarter of 2015. The Company reported 27,000 net subscriber additions for the quarter as it continued to gain traction on its 3G platform. The Company ended the quarter with 4.5 million total subscribers, a four percent increase from a year ago. For the quarter, the Company generated consolidated operating revenues of $285 million, a consolidated adjusted OIBDA loss of $25 million and a consolidated operating loss of $78 million. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. Capital expenditures were $48 million for the quarter. The Company ended the quarter with $448 million in consolidated cash and short-term investments and $277 million of restricted cash. The Company's results in Argentina for the current and prior periods are presented as discontinued operations resulting from the strategic partnership formed on September 11, 2015 in which Grupo Clarin acquired 49% of the equity of Nextel Argentina and a call option for the remaining 51% of the equity for $178 million.
NIHD: 3.01 (+0.08)
NII Announces Strategic Alliance With Grupo Clarin In Argentina
PR Newswire - Mon Sep 14, 3:00PM CDT
NII Holdings, Inc. (NASDAQ: NIHD) today announced a strategic alliance with Grupo Clarin in Argentina. In connection with the transaction, Grupo Clarin acquired a 49% equity interest in Nextel Argentina and an option to acquire the remaining 51% equity interest in Nextel Argentina upon receipt of approvals from the regulatory authorities in Argentina for total consideration of $178 million, of which $159 million was paid up front -- with the remaining amount due within 30 days. The net proceeds received from the transaction will be used to provide additional liquidity to support NII's operations in Brazil.
NIHD: 3.01 (+0.08)
NII Holdings names president of Nextel Brazil
M2 - Tue Aug 25, 7:22AM CDT
NII Holdings, Inc. (NASDAQ: NIHD) said that Francisco Tosta Valim Filho has been appointed as President, Nextel Brazil, effective August 25, 2015.
NIHD: 3.01 (+0.08)
NII Holdings Announces New President of Nextel Brazil and Appointment of Board Member
PR Newswire - Mon Aug 24, 3:01PM CDT
NII Holdings, Inc. (NASDAQ: NIHD), a provider of differentiated mobile communication services operating under the Nextel brand in Brazil and Argentina, announced today that Francisco Tosta Valim Filho has been appointed as President, Nextel Brazil, effective August 25, 2015. Mr. Valim will be employed by Nextel Telecomunicacoes Ltda., the Company's Brazilian operating subsidiary, and will report directly to NII's Chief Executive Officer, Steve Shindler. Mr. Valim will be responsible for leading the Company's day-to-day operations in Brazil. He replaces Gokul Hemmady, who has served as President, Nextel Brazil since 2013.
NIHD: 3.01 (+0.08)
NII Holdings reports Q2 subscriber loss
M2 - Mon Aug 10, 6:54AM CDT
NII Holdings, Inc. (NASDAQ: NIHD) said it reported a net loss of 64,000 subscribers in its second quarter 2015, as iDEN subscriber losses in Brazil and Argentina exceeded 3G net additions in Brazil.
NIHD: 3.01 (+0.08)
NII Holdings Announces Second Quarter 2015 Results
PR Newswire - Fri Aug 07, 3:05PM CDT
NII Holdings, Inc. (NASDAQ: NIHD) today announced its consolidated financial results for the second quarter of 2015. The Company reported a net loss of 64,000 subscribers for the quarter as iDEN subscriber losses in Brazil and Argentina exceeded 3G net additions in Brazil. The Company ended the quarter with 6.3 million total subscribers, a 2 percent increase from a year ago. For the quarter, the Company generated consolidated operating revenues of $421 million, a consolidated adjusted OIBDA loss of $75 million, and a consolidated operating loss of $179 million. Capital expenditures were $58 million for the quarter. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. The Company ended the quarter with $672 million in consolidated cash, cash equivalents and short-term investments. The Company's results for the second quarter of 2015 exclude the Company's operations in Mexico that were sold to AT&T on April 30, 2015 and reflect the implementation of fresh start accounting in connection with its emergence from bankruptcy on June 26, 2015.
NIHD: 3.01 (+0.08)
Bankruptcy Court Confirms NII Holdings Plan of Reorganization
PR Newswire - Fri Jun 19, 3:34PM CDT
NII Holdings, Inc. (OTC: NIHDQ) (the "Company"
today announced that the United States Bankruptcy Court for the Southern District of New York has entered an order confirming the Plan of Reorganization (the "Plan" relating to the Company and certain of its wholly-owned subsidiaries that previously sought Chapter 11 protection. NIHD: 3.01 (+0.08)
