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CEL

Cellcom Israel, Ltd.

5/24/2013, 11:51 PM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Monday, May 13, 1:32 PM Israeli carrier Cellcom (CEL -5%) dives after missing Q1 estimates, and takes rival Partner (PTNR -4.3%) down with it. An intense price war sparked by the arrival of 6 new carriers led Q1 revenue to fall 20.6% Y/Y, and the company's subscriber base to fall 5.7% Y/Y to 3.17M. The slump has led Cellcom to suspend its dividend. It expects revenue to fall again in Q2, albeit at a "more moderate rate than experienced in previous quarters." Meanwhile, financing costs are expected to rise, thanks to high inflation. SG&A spend fell 18% Y/Y in Q1, as Cellcom continues reaping synergies from its 2011 merger with NetVision. (transcript) Comment! [Tech, Earnings, On the Move, Dividends]
Monday, May 13, 6:26 AM Cellcom Israel (CEL): Q1 EPS of NIS0.67 misses by NIS0.56. Revenue of NIS1.25B. (PR) Comment! [Earnings, Breaking News, Tech]
Monday, May 13, 12:05 AM Notable earnings before Monday’s open: CEL, PERI, SSYS Comment! [Earnings]
Sunday, May 12, 5:30 PM Notable earnings before Monday’s open: CEL, PERI, SSYS 1 Comment [Earnings]
Monday, March 4, 7:04 AM More on Cellcom (CEL) Q4 earnings: Management expects the trend of "significant decrease(s) in revenues" to continue this year, and "further adversely affect" Q1 results. The dividend is suspended "at this time of market uncertainty." (PR) Comment! [Tech]
Monday, March 4, 6:04 AM Cellcom Israel (CEL): Q4 EPS of $1.14 beats by $0.20. Revenue of $377M (-15.5% Y/Y). (PR) Comment! [Earnings, Breaking News]
Monday, March 4, 12:05 AM Notable earnings before Monday’s open: ARNA, BYD, CEL, SSYS, YGE 2 Comments [Earnings]
Sunday, March 3, 5:30 PM Notable earnings before Monday’s open: ARNA, BYD, CEL, SSYS, YGE Comment! [Earnings]
Tuesday, November 13, 2012, 3:03 AM Cellcom Israel (CEL): Q3 EPS of $1.25 may not be comparable to consensus of $0.97. Revenue of $370M (-13% Y/Y). (PR) 1 Comment [Earnings]
Tuesday, November 13, 2012, 12:05 AM Notable earnings before Tuesday’s open: ACM, AUQ, CEL, DKS, HD, KORS, SKS, TJX Comment! [Earnings]
Monday, November 12, 2012, 5:30 PM Notable earnings before Tuesday’s open: ACM, AUQ, CEL, DKS, HD, KORS, SKS, TJX Comment! [Earnings]
Monday, November 12, 2012, 9:10 AM Premarket gainers: TIE +43%. JEF +24%. MYRX +17%. CXS +15%. GILD +12%. CELG +10%. SVNT +7%. SQNM +7%. LUK +7%. RIMM +6%. NKTR +6%. STV +5%. DNDN +5%. CEL +5%. PCP +5%.
Losers: CLVS -41%. STSI -20%. NBG -11%. Comment! [On the Move]
Monday, October 15, 2012, 12:18 PM Israeli carrier Partner Communications (PTNR +4.7%) rallies on news holding firm Scailex is in talks with media magnate Haim Saban about selling its stake in Partner: one report claims Saban will acquire a 35%-40% stake for $400M-$450M through a multi-stage deal. Rival Cellcom (CEL +5.3%) is also higher. (previous) Comment! [Tech, On the Move, M&A]
Monday, October 15, 2012, 9:10 AM Premarket gainers: YONG +15%. CLWR +14%. EDU +14%. AEGR +14%. CEL +9%. MTSL +8%. CTIC +8%. ISIS +7%.
Losers: DCTH -12%. 1 Comment [On the Move]
Tuesday, August 14, 2012, 6:04 AM Cellcom Israel (CEL): Q2 EPS of $0.31 may not be comparable to consensus of $0.98. Revenue of $382M (-5.7% Y/Y). (PR) Comment! [Earnings]
Tuesday, August 14, 2012, 12:05 AM Notable earnings before Tuesday’s open: HD, TJX, KORS, CEL, AG, VELT, KITD, EL, DKS, SKS, VAL, ENG Comment! [Earnings]