PTNR: Partner Communications Company Ltd. Instablogs

Quote & Headlines Market Currents StockTalk

All
| 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]
Wednesday, February 27, 6:23 AM Partner Communications (PTNR): Q4 Net income of $27M. Revenue of $337M (-21% Y/Y). (PR) Comment! [Earnings, Breaking News]
Wednesday, December 19, 2012, 12:45 PM Midday top 10 gainers: AMPL +119%. DYNT +64%. EDAP +25%. ALTE +24%. STP +16%. PTNR +13%. LDK +12%. GBR +19%. CSUN +12%. ELTK +12%.
Midday top 10 Losers: ONTY -54%. CMGE -21%. PLXT -18%. NICK -15%. DLB -12%. PNTR -11%. PSDV -10%. EGLE -10%. CCUR -10%. PTEK -10%. Comment! [On the Move]
Wednesday, December 19, 2012, 9:10 AM Premarket gainers: PTNR +11%. GM +9%. KCG +8%. RMCF +6%. NBG +6%. VRNG +6%. MLNX +5%.
Losers: ONTY -61%. PLXT -18%. NAV -6%. CYS -6%. 3 Comments [On the Move]
Tuesday, December 4, 2012, 11:43 AM Partner Communications (PTNR +3.7%) has rallied after receiving a two-notch upgrade to Buy from BofA/Merrill. The upgrade comes just after media tycoon Haim Saban reached a deal to buy a 30.7% stake in the Israeli mobile carrier from holding firm Scailex. Comment! [Tech, On the Move]
Monday, December 3, 2012, 12:58 PM Media magnate Haim Saban has finally reached a deal to buy a controlling stake in Israeli carrier Partner (PTNR -1.6%): Saban Capital will pay holding company Scailex 250M shekels ($65M) and assume a $300M loan in exchange for a 30.7% stake. Scailex, which has been looking to sell a large chunk of its stake for at least 10 months, will continue to own 13.8% of Partner. Comment! [Tech, M&A]
Tuesday, October 23, 2012, 12:45 PM Midday top 10 gainers: ANNB +48%. HLYS +22%. BSDM +21%. OSG +20%. COGO +13%. MNI +9%. ARMH +9%. MUSA +8%. VRNG +8%. COH +8%.
Top 10 Losers: BCOM -13%. TDG -11%. LAWS -10%. VSCI -10%. MNST -10%. TROX -10%. HSTM -10%. ALV -10%. DVR -9%. PTNR -9%. 1 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]
Tuesday, August 14, 2012, 6:26 AM Partner Communications (PTNR) declares $0.26/ADS semi-annual dividend, Payable Sep 11. (PR) Comment! [Dividends]
Thursday, February 2, 2012, 1:04 PM Israeli mobile carrier Partner Communications (PTNR +4.7%) rises after Scailex, which owns a 44.5% stake in Partner, announces it has hired Deutsche and Lazard to assist in finding a buyer for at least part, and perhaps all, of its stake. It's added Deutsche is willing to provide potential buyers with a credit line of $1B, if necessary. (previously) Comment! [Tech, On the Move, M&A]
Monday, January 30, 2012, 9:00 AM Premarket gainers: PBY +25%. GTXI +24%. TNB +23%. AMLN +14%. LCC +7%. ARNA +7%. PTNR +4%.
Losers: CTIC -18%. PMC -14%. DB -6%. ING -5%. BCS -5%. MT -5%. CHU -4%. STD -4%. AKS -3%. DANG -3%. PLX -3%. PT -3%. JASO -3%. KOG -3%. X -3%. ANR -3%. RIG -3%. Comment! [On the Move]
Monday, December 26, 2011, 6:46 AM Debt-laden Scailex says it's in talks to sell part of its stake in Partner Communications (PTNR). Scailex, which owns 44.5% of Partner, is reportedly looking to offload a 16% stake to P-E firm TPG. A possible price tag wasn't disclosed. Comment! [Tech, M&A]
Wednesday, September 14, 2011, 2:39 PM Partner Communications (PTNR +3.9%) trades higher today following an earlier announcement that it's appointed Haim Romano as its new CEO starting October 2nd. Comment! [On the Move]
Wednesday, August 10, 2011, 11:49 AM Partner Communications (PTNR -19%) is getting hit today after its Q2 EPS misses on a 30% drop in Q2 profits. The company has been struggling with regulatory changes that came on line earlier this year. In light of those changes, CFO Emanuel Avner says "we are witnessing a material reduction in the profitability of cellular services." 2 Comments [Tech, On the Move]

PTNR Partner Communications Company Ltd.

PTNR

Partner Communications Company Ltd.