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U.S. Morning Call: Verizon revs up Wireless buyout talks

Thursday, April 25, 2013 - 03:19

April 25 - Reuters reports exclusively that Verizon Communications has hired advisers to prepare a possible $100 billion cash and stock bid to take full control of Verizon Wireless from its partner Vodafone.

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Morning call for Thursday led the earnings game is begin again. Amazon's report after the bell the online retail giant -- just earnings estimates over the past three quarters. But analysts polled by storm I'm looking for a beat of nearly 7% this quarter. The company innovating on a variety of fronts late last year it's stepped -- to -- territory about launching its own mobile ad network. Now looking to tap into the consumer spending data to offer companies more targeted ads. That's an advantage Google and face the don't have. -- -- -- also ramping up competition with cable and Netflix by piloting original content reports say it may release a set top TP box later this year. In the -- space and is -- has been discount in its Kindle fire tablets that to spur the downloading at a higher margin business -- the tablets. The stock's performance not -- encourage you know it's up just three point 8% and 2013 compared with six point 2% for the NASDAQ. Also reporting after the bell Starbucks Wall Street betting that gift card redemptions will boost quarterly results. The chain is expected to have weathered the payroll tax -- related spending -- better than most restaurants. We coffee guzzlers New -- cup did you go tax hike or not. Also keep an eye on shares of Herbalife the company that's attracted the ire and interests of Wall Street hunter's bill act -- Carl Icahn reports results today. All right let's take a breather from earnings and check out some stocks to watch. -- exclusively reporting that Verizon Communications is preparing a possible cash and stock bid for control of Verizon Wireless. Verizon's partner Vodafone would reportedly get 100 billion in cash for the unit. The two sides have mauled -- out before about Verizon's getting more aggressive this time hiring both banking and legal advisors. No formal offer has been made that Verizon's board is expected to discuss the details of the possible buyout next week. Vodafone shares up 5% in London trade. Samsung hitting some snags. It's S force Smartphone -- out roll out delayed due to difficulties keeping up with higher than expected demand. Good problem to have right well maybe not analysts saying any hiccups in the smooth delivery of core components could be disastrous. Remember last may a simple manufacturing care costs and some two million units of Los Els in just a month after launch the history. Not all -- -- supply shortages were a problem for Apple's iPhone. Checking in on the stock it's slightly higher in the premarket. Not to markets US stock futures putting to a slightly higher open we've got initial jobless claims data out a little later this morning. Clinton expected to fall I just 1000 for the prior week. And gold continuing it's slow but steady climb touching 1445. Today that's attending high. It's every Thursday morning call remembered follow us on Twitter at Reuters Insider -- get more great videos at Reuters dot com slash writers TV. I'm Lisa Bernhard and.

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U.S. Morning Call: Verizon revs up Wireless buyout talks

Thursday, April 25, 2013 - 03:19