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AT&T May Buy DirecTV for about $50 Billion; Twitter Launching Mute Feature

Tuesday, 13 May 2014 12:10 AM

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Twitter, Inc. (NYSE: TWTR) - For an in-depth report on Twitter, Inc. follow: www.BullTrends.com/stockquote/TWTR

Shares of Twitter closed up 5.90% on nearly 35 million shares traded on Monday. The stock was one of the biggest gainers on the NYSE.  The company announced it is adding a feature called “mute,” that lets users hide the tweets and activity of selected accounts from their timeline. The feature can be reversed at any time, and unlike a “block,” people won’t know when they’ve been muted.

Capstone Turbine Corp. (NASDAQ: CPST) - For an in-depth report on Capstone Turbine Corp. follow: www.BullTrends.com/stockquote/CPST

Capstone Turbine Corp. shares rose as much as 11.3% on Monday despite no significant news. The stock made a recovery from last week’s losses. Capstone did name Richard B. Lewis as vice president, operations, effective immediately. Lewis has 29 years of manufacturing experience and will be in charge of making sure cost cutting goes through as planned and margins improve long term.

AT&T, Inc. (NYSE: T) - For an in-depth report on AT&T, Inc. follow: www.BullTrends.com/stockquote/T

Shares of AT&T closed modestly in the green on Monday with nearly 24 million shares traded. Despite the modest close, news revealed that the company is in discussions to buy DirecTV for about $50 billion in an effort to expand its video offerings and to avoid being left out in consolidation hitting the pay-TV industry. An announcement could be weeks away according to a person familiar with the discussions.

Gogo Inc. (NASDAQ: GOGO) - For an in-depth report on Gogo Inc. follow:  www.BullTrends.com/stockquote/GOGO

Shares of Gogo Inc. closed up 6.20% on Monday with about 9.6 million shares traded. The stock was one of the biggest gainers on the NASDAQ. Gogo Inc. reported better-than-expected first quarter results with quarterly revenue rising to 35% year over year to a company record $95.7 million. This came to an adjusted net loss of $0.20 per share while analysts, on average were looking for a wider adjusted net loss of $0.25 per share on lower sales of $94 million.

 

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